REGISTERED NUMBER: 01937171 (England and Wales)

W.E. COX CLAIMS GROUP (EUROPE) LIMITED

Financial Statements

for the Year Ended 31 July 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

M D Cox

D W Cox

S J Smith

Secretary:

D J Watts

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

01937171 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Current assets

Debtors

5

797,749

462,926

Cash at bank

142,784

38,066

940,533

500,992

Creditors

Amounts falling due within one year

6

(862,524

)

(479,050

)

Net current assets

78,009

21,942

Total assets less current liabilities

78,009

21,942

Capital and reserves

Called up share capital

6,667

6,667

Capital redemption reserve

13,333

13,333

Retained earnings

58,009

1,942

78,009

21,942

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

M D Cox - Director

1.	Statutory information

W.E. Cox Claims Group (Europe) 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

Turnover represents net invoiced sales of services, excluding value added tax.

Revenue from contracts for the provision of services is recognised when invoiced, which in the course of this company's business occurs when the marine claim has been settled.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment 33% on cost.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Financial instruments

Financial assets and financial liabilities are recognised in the Balance Sheet when the Company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the Company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the Company's cash management.

Financial liabilities and equity instruments issued by the Company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities. Equity instruments issued by the Company are recorded at the proceeds received, net of direct issue costs.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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 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 7 (2024 - 7 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 August 2024

and 31 July 2025

22,666

Depreciation

At 1 August 2024

and 31 July 2025

22,666

Net book value

At 31 July 2025

-

At 31 July 2024

-

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

9,408

60,799

Amounts owed by group undertakings

9,961

11,925

Other debtors

711,503

369,882

VAT

57,425

15,017

Prepayments

9,452

5,303

797,749

462,926

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Amounts owed to group undertakings

203,912

148,696

Amounts owed to related parties

4,004

4,004

Amounts owed to parent

610,154

255,901

Tax

6,561

30,029

Social security and other taxes

11,453

11,799

Other creditors

466

854

Accrued expenses

25,974

27,767

862,524

479,050

7.	Ultimate controlling party

The Company's immediate, and ultimate parent undertaking is W.E. Cox Claims Group Limited, which has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.

The ultimate parent company's registered office is 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE.

The interest of the directors in that company's share capital can be found in the accounts of that company