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Registration number: 13091532

Park Insurance Services Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Pages for filing with Registrar

Park Insurance Services Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 7

Park Insurance Services Limited

Company Information

Directors | M S Loud S Loud

Registered office | 323 Church Road St George Bristol BS5 8AA

Registered number | 13091532

Accountant | Corrigan Accountants Limited 1st Floor 25 King Street Bristol BS1 4PB

Park Insurance Services Limited

(Registration number: 13091532)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Current assets |  |  |
Debtors | 5 | 276,007 | 302,067
Cash at bank and in hand |  | 412,539 | 296,332
|  | 688,546 | 598,399
Creditors: Amounts falling due within one year | 6 | (192,884) | (256,175)
Net assets |  | 495,662 | 342,224
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Profit and loss account |  | 495,562 | 342,124
Total equity |  | 495,662 | 342,224

Park Insurance Services Limited

(Registration number: 13091532)
Balance Sheet as at 31 December 2025

For the financial year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised for issue by the Board on 22 January 2026 and signed on its behalf by:

.........................................

M S Loud
Director

Park Insurance Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1 | Statutory information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
323 Church Road
St George
Bristol
BS5 8AA

2 | Accounting policies

Summary of significant accounting policies

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.
The financial statements are prepared in pounds sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis which assumes that the company has sufficient funds to continue to trade for the foreseeable future. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and for at least twelve months following approval of these financial statements.

Revenue recognition

Turnover represents the insurance broking commission and fees receivable for insurances arranged in the period.
The company recognises revenue when:
The customer has paid for the insurance policy in full;
and the insurer has been settled in full.

Park Insurance Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Tax

The tax expense represents the sum of the current tax expense and deferred tax expense. Tax is recognised in profit or loss, except that a change attributable to an item of income or expennse recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Insurance debtors

Insurance debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Park Insurance Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

3 | Staff numbers

The average number of persons employed by the company (including directors, who did not receive remuneration) during the year, was 41 (2024 - 33).

4 | Taxation

Tax charged in the profit and loss account

| 2025 £ | 2024 £
Current taxation |  |
UK corporation tax | 64,660 | 115,589
UK corporation tax adjustment to prior periods | (81) | -
| 64,579 | 115,589

5 | Debtors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Trade debtors |  | 231,049 | 256,925
Amounts owed by connected parties |  | 27,000 | 15,000
Prepayments |  | 17,958 | 30,142
|  | 276,007 | 302,067

Amounts owed by connected parties are interest free, unsecured and repayble on demand.

Park Insurance Services Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

6 | Creditors

| 2025 £ | 2024 £
Amounts falling due within one year |  |
Trade creditors | 12,313 | 22,534
Other creditors | 864 | 320
Accruals | 4,295 | 6,980
Corporation tax | 64,660 | 115,589
Directors' loan accounts | 110,752 | 110,752
| 192,884 | 256,175

The directors' loan accounts are interest free, unsecured and repayable on demand.

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 100 | 100 | 100 | 100

The Ordinary shares have attached to them full rights regarding voting, payment of dividends and distributions.