REGISTERED NUMBER: 02139580 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ILS Fiduciaries (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K L Jones FCG

Ms T M Mee ACG

SECRETARY:

Cornhill Services Limited

REGISTERED OFFICE:

Monomark House

27 Old Gloucester Street

London

WC1N 3AX

REGISTERED NUMBER:

02139580 (England and Wales)

CURRENT ASSETS

Debtors

4

26,165

26,413

Cash in hand

15,071

19,356

41,236

45,769

CREDITORS

Amounts falling due within one year

5

14,118

19,726

NET CURRENT ASSETS

27,118

26,043

TOTAL ASSETS LESS CURRENT LIABILITIES

27,118

26,043

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

7

27,116

26,041

SHAREHOLDERS' FUNDS

11

27,118

26,043

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 31 December 2025 and were signed on its behalf by:

Mrs K L Jones FCG - Director

Ms T M Mee ACG - Director

1.	STATUTORY INFORMATION

ILS Fiduciaries (UK) 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.

The principal accounting policies applied in preparation of these financial statements are set below. These policies have been consistently applied to all the years presented, unless otherwise stated.

The directors have received assurance of continued support from the parent company and are satisfied that, with this support, the going concern assumption is applicable in preparing these accounts.

The following accounting policies have been used consistently in dealing with items that are considered material to the company's affairs.

Foreign currencies

The financial statements are expressed in Pounds Sterling. Transactions in foreign currency are reported at the rate ruling at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the rate of exchange ruling at the balance sheet date. All differences are taken to the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

6,004

Bad debts provision

-

(6,004

)

Other debtors

-

500

VAT

999

68

Funds owed by related parties

25,166

25,845

26,165

26,413

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Deferred income

-

2,000

Other creditors

14,118

17,726

14,118

19,726

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

7.

RESERVES

Retained

earnings

£

At 1 April 2024

26,041

Profit for the year

1,075

At 31 March 2025

27,116

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

9.	POST BALANCE SHEET EVENTS

The effect of events relating to the year ended 31 March 2024, which occurred before the date of approval of the financial statements by the directors, have been included to the extent required to show a true and fair view of the state of affairs at 31 March 2024 and of the results of the year ended on that date.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is The ILS Group Limited, a company incorporated in the Isle of Man, which is the parent undertaking of the largest and smallest group for which consolidated accounts are prepared. The ultimate controlling party is ILS Holdings Limited, a company incorporated in the Isle of Man.

11.	RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

2025

2024

£

£

Profit for the financial year

1,075

4,118

Net addition to shareholders' funds

1,075

4,118

Opening shareholders' funds

26,043

21,925

Closing shareholders' funds

27,118

26,043