PII Brokers.co.uk Ltd - Filleted accounts

Registered number

05377189

PII Brokers.co.uk Ltd

Filleted Accounts

For the year ended 31 March 2025

PII Brokers.co.uk Ltd
Registered number:		05377189
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Cash at bank and in hand		857,286			781,214

Creditors: amounts falling due within one year	3	(134,907)			(117,251)

Net current assets			722,379			663,963

Net assets			722,379			663,963

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			712,379			653,963

Shareholders' funds			722,379			663,963

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 22 December 2025




J W Goodier
Director

PII Brokers.co.uk Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable. Turnover includes commissions earned from insurance services provided.

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.




2	Employees	2025		2024
Number			Number

	Average number of employee's (including directors)	2		2



3	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	76,651		46,711
	Taxation and social security costs	32,814		47,852
	Other creditors	25,442		22,688
		134,907		117,251


4	Other information

	PII Brokers.co.uk Ltd is a private company limited by shares and incorporated in England. Its registered office is: 5-10 Bury Street, London EC3A 5AT.