HEADWAY INSURANCE SERVICES LTD

Company Registration Number:
09154473 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

HEADWAY INSURANCE SERVICES LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

HEADWAY INSURANCE SERVICES LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 175 892
Investments: 4 749 749
Total fixed assets: 924 1,641
Current assets
Debtors:   1,203,935 1,389,476
Cash at bank and in hand: 3,399,229 2,159,258
Total current assets: 4,603,164 3,548,734
Creditors: amounts falling due within one year:   (3,256,755) (2,413,534)
Net current assets (liabilities): 1,346,409 1,135,200
Total assets less current liabilities: 1,347,333 1,136,841
Creditors: amounts falling due after more than one year:   (4,167) (54,167)
Total net assets (liabilities): 1,343,166 1,082,674
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 1,343,165 1,082,673
Shareholders funds: 1,343,166 1,082,674

The notes form part of these financial statements

HEADWAY INSURANCE SERVICES LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 05 May 2025
and signed on behalf of the board by:

Name: A A Hussey
Status: Director

The notes form part of these financial statements

HEADWAY INSURANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover consists of the revenue earned from the commissions and fees receivable.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, over four years.

HEADWAY INSURANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 53 43

HEADWAY INSURANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 112,339
At 31 March 2025 112,339
Depreciation
At 01 April 2024 111,447
Charge for year 717
At 31 March 2025 112,164
Net book value
At 31 March 2025 175
At 31 March 2024 892

HEADWAY INSURANCE SERVICES LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Fixed investments

Cost at 1.4.2024 and at 31.3.2025 749