Insurx Holdings Limited


Directors	Gilbert William Frederick Harrap
	William Michael Iles
	Michael Clive Watson


Registered Address	Lloyd's 1986 Building 1 Lime Street
	London
	EC3M 7DQ


Registered Number	15430746 (England and Wales)

Statement of Financial Position
31 December 2024

	Notes	2024
		£	£
Fixed assets
Investments	3		2,007,729
			2,007,729
Total assets less current liabilities			2,007,729
Net assets			2,007,729
Capital and reserves
Called up share capital			1,214
Share premium			2,006,515
Shareholders' funds			2,007,729

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 25 September 2025, and are signed on its behalf by:

Gilbert William Frederick Harrap
Director
Registered Company No. 15430746

Insurx Holdings Limited

Notes to the Financial Statements
for the period ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024
	Average number of employees during the year	0

3.	Fixed asset investments
	The company holds an investment in the share capital of Insurx Limited, a company incorporated in England and Wales. During the year ended 31 December 2024 the company subscribed for 1,142,229 ordinary shares of £0.001 each in Insurx Limited for a total consideration of £2,007,729. At the year end the company held 1,142,229 ordinary shares in Insurx Limited, representing 100% of its issued share capital. The investment is included at cost of £2,007,729.

Fixed asset investments

The company holds an investment in the share capital of Insurx Limited, a company incorporated in
England and Wales.

During the year ended 31 December 2024 the company subscribed for 1,142,229 ordinary shares of
£0.001 each in Insurx Limited for a total consideration of £2,007,729. At the year end the company held
1,142,229 ordinary shares in Insurx Limited, representing 100% of its issued share capital. The
investment is included at cost of £2,007,729.

	Investments in groups¹	Total
	£	£
Cost or valuation
Additions	2,007,729	2,007,729
At 31 December 24	2,007,729	2,007,729
Net book value
At 31 December 24	2,007,729	2,007,729

	Notes
	¹Investments in group undertakings and participating interests