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REGISTERED NUMBER: 03238686 (England and Wales)

Audited Financial Statements for the Year Ended 30 April 2025

for

EVENT INSURANCE SERVICES LIMITED

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Contents of the Financial Statements

for the year ended 30 April 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| EVENT INSURANCE SERVICES LIMITED |

Company Information

for the year ended 30 April 2025

| DIRECTORS: | P D S Jones

| P J Telling

| D Rose

| REGISTERED OFFICE: | 11 Laura Place

| Bath

| Somerset

| BA2 4BL

| REGISTERED NUMBER: | 03238686 (England and Wales)

| AUDITORS: | Richardson Swift Audit Ltd

| Chartered Accountants

| Statutory Auditor

| 11 Laura Place

| Bath

| BA2 4BL

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Balance Sheet

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 253,881 |  | 328,182 |  |

CURRENT ASSETS

Debtors: amounts falling due within one year | 5 | 832,167 |  | 489,271 |  |

Debtors: amounts falling due after more than one year | 5 | 275,794 |  | 135,264 |  |

Cash at bank and in hand | 495,638 |  | 475,970 |  |

1,603,599 |  | 1,100,505 |  |

CREDITORS

Amounts falling due within one year | 6 | 716,971 |  | 677,826 |  |

NET CURRENT ASSETS | 886,628 |  | 422,679 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,140,509 |  | 750,861 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (133,409 | ) |

PROVISIONS FOR LIABILITIES | 9 | (54,404 | ) | (62,355 | ) |

NET ASSETS | 1,086,105 |  | 555,097 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 168 |  | 100 |  |

Share premium | 111,932 |  | - |  |

Retained earnings | 974,005 |  | 554,997 |  |

SHAREHOLDERS' FUNDS | 1,086,105 |  | 555,097 |  |

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2025 and were signed on its behalf by:

P D S Jones - Director

P J Telling - Director

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Notes to the Financial Statements

for the year ended 30 April 2025

1. | STATUTORY INFORMATION

| Event Insurance Services 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.

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

| Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

| Revenue is recognised when the policy is taken out.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Long leasehold | - | 10 - 20% on cost

| Plant & machinery | - | 33% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 25% on cost

| Computer equipment | - | 20-33% Straight line

| Financial instruments

| The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, loans from banks and other third parties.

| Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit or loss.

| For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate determined under the contract.

| For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate, which is an approximation, of the amount the company would receive for the asset if it were to be sold at the reporting date.

| Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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.

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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

| 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 21 (2024 - 20 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures

| Long |  | Plant & |  | and

| leasehold |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 May 2024 | 56,138 |  | 483 |  | 12,033 |  |

| Additions | - |  | - |  | 590 |  |

| Disposals | (139 | ) | - |  | - |  |

| At 30 April 2025 | 55,999 |  | 483 |  | 12,623 |  |

| DEPRECIATION

| At 1 May 2024 | 54,903 |  | 483 |  | 10,545 |  |

| Charge for year | 931 |  | - |  | 1,445 |  |

| At 30 April 2025 | 55,834 |  | 483 |  | 11,990 |  |

| NET BOOK VALUE

| At 30 April 2025 | 165 |  | - |  | 633 |  |

| At 30 April 2024 | 1,235 |  | - |  | 1,488 |  |

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

4. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 May 2024 | 220,573 |  | 469,655 |  | 758,882 |  |

| Additions | - |  | 58,255 |  | 58,845 |  |

| Disposals | - |  | - |  | (139 | ) |

| At 30 April 2025 | 220,573 |  | 527,910 |  | 817,588 |  |

| DEPRECIATION

| At 1 May 2024 | 124,072 |  | 240,697 |  | 430,700 |  |

| Charge for year | 55,143 |  | 75,488 |  | 133,007 |  |

| At 30 April 2025 | 179,215 |  | 316,185 |  | 563,707 |  |

| NET BOOK VALUE

| At 30 April 2025 | 41,358 |  | 211,725 |  | 253,881 |  |

| At 30 April 2024 | 96,501 |  | 228,958 |  | 328,182 |  |

5. | DEBTORS

2025 | 2024 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 172,681 |  | 210,911 |  |

| Other debtors | 496,889 |  | 190,778 |  |

| Directors' current accounts | 112,000 |  | 29,908 |  |

| Prepayments and accrued income | 50,597 |  | 57,674 |  |

832,167 |  | 489,271 |  |

| Amounts falling due after more than one year:

| Other debtors | 275,794 |  | 135,264 |  |

| Aggregate amounts | 1,107,961 |  | 624,535 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 13,968 |  | 55,556 |  |

| Hire purchase contracts | 119,520 |  | 34,325 |  |

| Trade creditors | 39,283 |  | 46,946 |  |

| Corporation tax | 233,794 |  | 81,990 |  |

| Social security and other taxes | 36,663 |  | 30,748 |  |

| Other creditors | 257,311 |  | 250,738 |  |

| Directors' current accounts | 951 |  | - |  |

| Accruals and deferred income | 15,481 |  | 177,523 |  |

716,971 |  | 677,826 |  |

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | - |  | 13,889 |  |

| Hire purchase contracts | - |  | 119,520 |  |

- |  | 133,409 |  |

8. | SECURED DEBTS

| The hire purchase liabilities are secured on the assets to which they relate.

| The bank loan is guaranteed by the UK Government under the Coronavirus Large Business Interruption Loan Scheme.

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax | 54,404 |  | 62,355 |  |

| Deferred |

| tax |

£ |

| Balance at 1 May 2024 | 62,355 |  |

| Accelerated capital allowances | (7,951 | ) |

| Balance at 30 April 2025 | 54,404 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 68 | A Ordinary | £1 | 68 |  | - |  |

168 |  | 100 |  |

| 68 A Ordinary shares of £1 each were allotted as fully paid at a premium of 1646.06 per share during the year.

| Ordinary shares rank equally for voting purposes and have an entitlement to dividends.

| A Ordinary do not carry any voting rights or an entitlement to dividends.

| During the year the A Ordinary shares were issued at a premium of £110k. Post year end these shares were purchased back by the company at the issue value.

11. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

| The Report of the Auditors was unqualified.

| Catherine Edwards BSc FCA (Senior Statutory Auditor)

| for and on behalf of Richardson Swift Audit Ltd

EVENT INSURANCE SERVICES LIMITED (REGISTERED NUMBER: 03238686) |

Notes to the Financial Statements - continued

for the year ended 30 April 2025

12. | OTHER FINANCIAL COMMITMENTS

| The company had commitments under operating leases totalling £72,240 at the balance sheet date (2024: £134,160).

13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the year end, the directors owed the company £111,049 (2024: £29.908)

14. | SIGNIFICANT JUDGEMENTS AND ESTIMATES

| An element of the profit share receivable relates to the third party underwriter's best estimate as at the balance sheet date and has been assessed by the directors. This is included in the accounts in debtors and income.

| No other significant judgements or estimates have had to be made by the directors in preparing the financial statements.