REGISTERED NUMBER: 08016238 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025

FOR

COUNTY INSURANCE BROKERS LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

21,420

42,840

Tangible assets

5

2,361

3,148

23,781

45,988

CURRENT ASSETS

Debtors

6

18,151

16,375

Cash at bank and in hand

2,106

1,753

20,257

18,128

CREDITORS

Amounts falling due within one year

7

18,396

18,319

NET CURRENT ASSETS/(LIABILITIES)

1,861

(191

)

TOTAL ASSETS LESS CURRENT LIABILITIES

25,642

45,797

PROVISIONS FOR LIABILITIES

590

790

NET ASSETS

25,052

45,007

CAPITAL AND RESERVES

Called up share capital

4

4

Share premium

25,000

25,000

Retained earnings

48

20,003

SHAREHOLDERS' FUNDS

25,052

45,007

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 December 2025 and were signed by:

P G Toppin - Director

1.	STATUTORY INFORMATION

County Insurance Brokers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08016238

Registered office:

81 Chapel Road

Worthing

West Sussex

BN11 1HU

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 the provisions fo Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, as modified by the use of fair values for certain financial instruments in accordance with the accounting policies, where applicable, as set out below.

Turnover

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

Turnover represents commission receivable on sales of insurance policies.

Intangible assets

After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Amortisation of the net book value of Goodwill at 30 April 2016 is provided over its estimated useful life of 10 years.

Tangible fixed assets

Tangible fixed assets are measured at cost less any accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 25% on reducing balance

Taxation

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

Deferred tax

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

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.

Financial instruments

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

252,000

AMORTISATION

At 1 May 2024

209,160

Charge for year

21,420

At 30 April 2025

230,580

NET BOOK VALUE

At 30 April 2025

21,420

At 30 April 2024

42,840

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2024

and 30 April 2025

15,214

DEPRECIATION

At 1 May 2024

12,066

Charge for year

787

At 30 April 2025

12,853

NET BOOK VALUE

At 30 April 2025

2,361

At 30 April 2024

3,148

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

683

777

Other debtors

17,468

15,598

18,151

16,375

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

12,204

14,560

Other creditors

6,192

3,759

18,396

18,319

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2025 and 30 April 2024:

2025

2024

£

£

P G Toppin

Balance outstanding at start of year

(174

)

(69

)

Amounts advanced

7,728

414

Amounts repaid

(519

)

(519

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,035

(174

)