IRIS Accounts Production v25.4.12.37 01022249 Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 01022249 2024-12-31 01022249 2025-12-31 01022249 2025-01-01 2025-12-31 01022249 2023-12-31 01022249 2024-01-01 2024-12-31 01022249 2024-12-31 01022249 ns15:EnglandWales 2025-01-01 2025-12-31 01022249 ns14:PoundSterling 2025-01-01 2025-12-31 01022249 ns10:Director1 2025-01-01 2025-12-31 01022249 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 01022249 ns10:SmallEntities 2025-01-01 2025-12-31 01022249 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 01022249 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 01022249 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 01022249 ns10:FullAccounts 2025-01-01 2025-12-31 01022249 ns10:Director2 2025-01-01 2025-12-31 01022249 ns10:Director3 2025-01-01 2025-12-31 01022249 ns10:Director4 2025-01-01 2025-12-31 01022249 ns10:Director5 2025-01-01 2025-12-31 01022249 ns10:Director6 2025-01-01 2025-12-31 01022249 ns10:Director7 2025-01-01 2025-12-31 01022249 ns10:CompanySecretary1 2025-01-01 2025-12-31 01022249 ns10:RegisteredOffice 2025-01-01 2025-12-31 01022249 ns5:CurrentFinancialInstruments 2025-12-31 01022249 ns5:CurrentFinancialInstruments 2024-12-31 01022249 ns5:Non-currentFinancialInstruments 2025-12-31 01022249 ns5:Non-currentFinancialInstruments 2024-12-31 01022249 ns5:ShareCapital 2025-12-31 01022249 ns5:ShareCapital 2024-12-31 01022249 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 01022249 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 01022249 ns5:LandBuildings 2025-01-01 2025-12-31 01022249 ns5:PlantMachinery 2025-01-01 2025-12-31 01022249 ns5:LandBuildings 2024-12-31 01022249 ns5:PlantMachinery 2024-12-31 01022249 ns5:LandBuildings 2025-12-31 01022249 ns5:PlantMachinery 2025-12-31 01022249 ns5:LandBuildings 2024-12-31 01022249 ns5:PlantMachinery 2024-12-31 01022249 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 01022249 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31

REGISTERED NUMBER: 01022249 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BLW INSURANCE BROKERS LTD

BLW INSURANCE BROKERS LTD (REGISTERED NUMBER: 01022249) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| BLW INSURANCE BROKERS LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2025

| DIRECTORS: | B J Sainty

| M F Greenwood

| J Quill

| A M Brownlee

| I M Stephen

| M Gilbert

| Ms E Barclay

| SECRETARY: | M F Greenwood

| REGISTERED OFFICE: | First Floor East Suite

| Cottis House

| Locks Hill

| Rochford

| Essex

| SS4 1BB

| REGISTERED NUMBER: | 01022249 (England and Wales)

| ACCOUNTANTS: | Connah Goldsworthy

| Chartered Certified Accountants

| 12 Station Court

| Station Approach

| Wickford

| Essex

| SS11 7AT

BLW INSURANCE BROKERS LTD (REGISTERED NUMBER: 01022249) |

BALANCE SHEET

31 DECEMBER 2025

| 31.12.25 | 31.12.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 74,898 |  | 85,771 |  |

CURRENT ASSETS

Debtors | 5 | 1,645,539 |  | 1,146,382 |  |

Cash at bank | 549,068 |  | 450,652 |  |

2,194,607 |  | 1,597,034 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,610,043 |  | 1,262,312 |  |

NET CURRENT ASSETS | 584,564 |  | 334,722 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 659,462 |  | 420,493 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 20,644 |  | 26,853 |  |

NET ASSETS | 638,818 |  | 393,640 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 637,818 |  | 392,640 |  |

SHAREHOLDERS' FUNDS | 638,818 |  | 393,640 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 22 January 2026 and were signed on its behalf by:

M F Greenwood - Director

BLW INSURANCE BROKERS LTD (REGISTERED NUMBER: 01022249) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1. | STATUTORY INFORMATION

| BLW Insurance Brokers Ltd 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.

| Revenue recognition - turnover

| The company generates revenue principally from brokerage, commission, and fees associated with placing insurance contracts and programmes. Brokerage, commission, and fees on instalments not due until after the year-end are recognised on the inception of the insurance contracts concerned, which is when the placement services have been substantially completed. Adjustments to brokerage, commissions, and fees are recognised when they can be ascertained with reasonable certainty, which is normally when the amounts concerned are advised or confirmed by the relevant third parties.

| Insurance debtors and creditors

| The Company acts as an insurance broker placing insurable risks of its clients with insurers and as such is not liable as principal for the amounts arising from such transactions. The company discloses the premiums receivable from its clients, premiums received and held in trust and balances due to the insurers within its balance sheet. Disclosure is made of the net insurance surplus within note 10 to the accounts.

| Turnover

| Turnover comprises commissions, fees, and brokerage receivable during the year, and is attributable to the continuing activity, of insurance broking within the United Kingdom.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | in accordance with the property

| Plant and machinery etc | - | 33% on cost and 10% on reducing balance

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| 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.

| 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.

BLW INSURANCE BROKERS LTD (REGISTERED NUMBER: 01022249) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2024 - 15 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 January 2025 | 2,500 |  | 133,608 |  | 136,108 |  |

| Additions | - |  | 4,337 |  | 4,337 |  |

| Disposals | (2,500 | ) | - |  | (2,500 | ) |

| At 31 December 2025 | - |  | 137,945 |  | 137,945 |  |

| DEPRECIATION

| At 1 January 2025 | 1,063 |  | 49,274 |  | 50,337 |  |

| Charge for year | 240 |  | 13,773 |  | 14,013 |  |

| Eliminated on disposal | (1,303 | ) | - |  | (1,303 | ) |

| At 31 December 2025 | - |  | 63,047 |  | 63,047 |  |

| NET BOOK VALUE

| At 31 December 2025 | - |  | 74,898 |  | 74,898 |  |

| At 31 December 2024 | 1,437 |  | 84,334 |  | 85,771 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Insurance debtors | 1,248,831 |  | 964,810 |  |

| Other debtors | 396,708 |  | 181,572 |  |

1,645,539 |  | 1,146,382 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans and overdrafts | 5,556 |  | 5,556 |  |

| Insurance creditors | 1,515,413 |  | 1,212,714 |  |

| Taxation and social security | 14,932 |  | 13,810 |  |

| Other creditors | 74,142 |  | 30,232 |  |

1,610,043 |  | 1,262,312 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.25 |  | 31.12.24

£ | £ |

| Bank loans | 20,644 |  | 26,853 |  |

8. | ULTIMATE CONTROLLING PARTY

| The controlling party is S & G Risk Solutions Limited.

| The ultimate controlling party is S & G Risk Solutions Limited.

BLW INSURANCE BROKERS LTD (REGISTERED NUMBER: 01022249) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2025

9. | NET INSURANCE BROKING SURPLUS

|  | 2024 |  | 2024 |  |

| Insurance Debtors (note 6) |  |  | 1,248,831 |  | 964,810 |  |

| Insurance cash (see below) |  |  | 490,375 |  | 443,319 |  |

| Insurance Creditors (note 7) |  |  | (1,515,412 | ) | (1,212,714 | ) |

| Net insurance broking surplus |  |  | 223,794 |  | 195,415 |  |

| Included within cash at bank balances of £549,069 (2024 £450,652) in the balance sheet is a Client Statutory Trust account held separately to the firm's own money. The bank has no right of set-off for this money. The balance on the Client Statutory Trust account on 31st December 2025 was £490,375 (2024 £443,319).