REGISTERED NUMBER: 01552025 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

CAMPBELLS INSURANCE CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S Sabharwal

REGISTERED OFFICE:

34A Bradford Street

Walsall

West Midlands

WS1 3QA

REGISTERED NUMBER:

01552025 (England and Wales)

ACCOUNTANTS:

Rice & Co (Brownhills) Limited

Chartered Accountants

90 High Street

Brownhills

Walsall

West Midlands

WS8 6EW

FIXED ASSETS

Intangible assets

4

-

3,046

Tangible assets

5

199,449

201,306

199,449

204,352

CURRENT ASSETS

Debtors

6

186,318

126,014

Cash at bank

43,455

63,143

229,773

189,157

CREDITORS

Amounts falling due within one year

7

88,182

148,685

NET CURRENT ASSETS

141,591

40,472

TOTAL ASSETS LESS CURRENT LIABILITIES

341,040

244,824

CREDITORS

Amounts falling due after more than one year

8

(89,250

)

(14,806

)

PROVISIONS FOR LIABILITIES

(1,058

)

(1,411

)

NET ASSETS

250,732

228,607

CAPITAL AND RESERVES

Called up share capital

600

600

Share premium

63,356

63,356

Revaluation reserve

109,858

109,858

Retained earnings

76,918

54,793

SHAREHOLDERS' FUNDS

250,732

228,607

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2025 and were signed by:

Mr S Sabharwal - Director

1.	STATUTORY INFORMATION

Campbells Insurance Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Commissions are recognised as revenue on the effective commencement or renewal dates of the related policies.

Goodwill

Intangible assets, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

Not provided

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

No depreciation is provided on freehold property. Freehold property is not depreciated where the directors are of the opinion that the buildings concerned are currently sufficiently maintained to ensure that the residual value of the property, which is stated at deemed cost as at 1st February 2016 as permitted by FRS102 Section 1A, are not less than the carrying value and accordingly annual depreciation would not be material to the financial statements.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Intangible

assets

£

COST

At 1 February 2024

and 31 January 2025

96,941

AMORTISATION

At 1 February 2024

93,895

Amortisation for year

3,046

At 31 January 2025

96,941

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

3,046

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2024

and 31 January 2025

193,878

60,775

2,364

257,017

DEPRECIATION

At 1 February 2024

-

53,823

1,888

55,711

Charge for year

-

1,738

119

1,857

At 31 January 2025

-

55,561

2,007

57,568

NET BOOK VALUE

At 31 January 2025

193,878

5,214

357

199,449

At 31 January 2024

193,878

6,952

476

201,306

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

184,747

123,562

Other debtors

1,571

2,452

186,318

126,014

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

14,882

10,140

Trade creditors

60,179

122,593

Taxation and social security

11,018

1,165

Other creditors

2,103

14,787

88,182

148,685

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

89,250

14,806

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

66,901

-

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

104,132

24,946