Company Registration No. 05029756 (England and Wales)
Burgess Insurance Services Limited
Unaudited accounts
for the year ended 31 March 2025
Burgess Insurance Services Limited
Unaudited accounts
Contents
Burgess Insurance Services Limited
Company Information
for the year ended 31 March 2025
Secretary
Miss Ursula Ross
Company Number
05029756 (England and Wales)
Registered Office
South Lodge
Faygate Lane
Faygate
West Sussex
RH12 4SJ
United Kingdom
Accountants
DB Accountancy Ltd
15 Owlscastle Close
Horsham
West Sussex
RH12 5YA
Burgess Insurance Services Limited
Statement of financial position
as at 31 March 2025
Intangible assets
83,672
83,672
Tangible assets
1,397
1,783
Cash at bank and in hand
147,020
38,488
Creditors: amounts falling due within one year
(137,491)
(34,988)
Net current assets
9,529
8,393
Total assets less current liabilities
94,598
93,848
Creditors: amounts falling due after more than one year
(36,989)
(41,458)
Called up share capital
2
2
Profit and loss account
57,607
52,388
Shareholders' funds
57,609
52,390
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
Andrew Grant
Director
Company Registration No. 05029756
Burgess Insurance Services Limited
Notes to the Accounts
for the year ended 31 March 2025
Burgess Insurance Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05029756. The registered office is South Lodge, Faygate Lane, Faygate, West Sussex, RH12 4SJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
15% on reducing balance
Computer equipment
25% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Burgess Insurance Services Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
8,169
13,321
21,490
At 31 March 2025
8,169
13,321
21,490
At 1 April 2024
7,570
12,137
19,707
Charge for the year
90
296
386
At 31 March 2025
7,660
12,433
20,093
At 31 March 2025
509
888
1,397
At 31 March 2024
599
1,184
1,783
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
4,848
5,027
Trade creditors
128,961
24,516
Taxes and social security
3,216
3,434
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
35,296
35,295
9
Average number of employees
During the year the average number of employees was 2 (2024: 1).