Silverfin false false 31/12/2025 01/01/2025 31/12/2025 Christopher Colin Kaye 11/12/2017 13 April 2026 The principal activity of the Company during the financial year was that of life insurance broking. The Company is no longer actively trading. 11104703 2025-12-31 11104703 bus:Director1 2025-12-31 11104703 core:CurrentFinancialInstruments 2025-12-31 11104703 core:CurrentFinancialInstruments 2024-12-31 11104703 2024-12-31 11104703 core:Non-currentFinancialInstruments 2025-12-31 11104703 core:Non-currentFinancialInstruments 2024-12-31 11104703 core:ShareCapital 2025-12-31 11104703 core:ShareCapital 2024-12-31 11104703 core:RetainedEarningsAccumulatedLosses 2025-12-31 11104703 core:RetainedEarningsAccumulatedLosses 2024-12-31 11104703 bus:OrdinaryShareClass1 2025-12-31 11104703 2025-01-01 2025-12-31 11104703 bus:FilletedAccounts 2025-01-01 2025-12-31 11104703 bus:SmallEntities 2025-01-01 2025-12-31 11104703 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 11104703 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11104703 bus:Director1 2025-01-01 2025-12-31 11104703 2024-01-01 2024-12-31 11104703 core:CurrentFinancialInstruments 2025-01-01 2025-12-31 11104703 core:Non-currentFinancialInstruments 2025-01-01 2025-12-31 11104703 bus:OrdinaryShareClass1 2025-01-01 2025-12-31 11104703 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 11104703 (England and Wales)

# SHERPA MANAGEMENT SERVICES UK LIMITED

### Unaudited Financial Statements
For the financial year ended 31 December 2025
Pages for filing with the registrar

SHERPA MANAGEMENT SERVICES UK LIMITED

## Unaudited Financial Statements

For the financial year ended 31 December 2025

Contents

SHERPA MANAGEMENT SERVICES UK LIMITED

## STATEMENT OF FINANCIAL POSITION

As at 31 December 2025
SHERPA MANAGEMENT SERVICES UK LIMITED

## STATEMENT OF FINANCIAL POSITION (continued)

As at 31 December 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Current assets |  |  |  |
Debtors | 3 | 26,665 |  | 26,665
Cash at bank and in hand |  | 2,465 |  | 1,076
|  | 29,130 |  | 27,741
Creditors: amounts falling due within one year | 4 | ( 28,103) |  | ( 19,109)
Net current assets |  | 1,027 |  | 8,632
Total assets less current liabilities |  | 1,027 |  | 8,632
Creditors: amounts falling due after more than one year | 5 | ( 4,664) |  | ( 7,170)
Net (liabilities)/assets |  | ( 3,637) |  | 1,462
Capital and reserves |  |  |  |
Called-up share capital | 6 | 611,700 |  | 611,700
Profit and loss account |  | ( 615,337 ) |  | ( 610,238 )
Total shareholder's (deficit)/funds |  | ( 3,637) |  | 1,462

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.

Director's responsibilities:

- The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Sherpa Management Services Uk Limited (registered number: 11104703) were approved and authorised for issue by the Director on 13 April 2026. They were signed on its behalf by:

Christopher Colin Kaye Director |

SHERPA MANAGEMENT SERVICES UK LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025
SHERPA MANAGEMENT SERVICES UK LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 December 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Sherpa Management Services Uk Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 167-169 Great Portland Street, London, W1W 5PF, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The Company is no longer trading. As a result, the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

##### Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.
Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

##### Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

##### Ordinary share capital

The ordinary share capital of the Company is presented as equity.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 1 |  | 1

#### 3. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 25,990 |  | 25,990
Amounts owed by director | 675 |  | 675
| 26,665 |  | 26,665

#### 4. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 9,657 |  | 10,329
Amounts owed to Group undertakings | 14,936 |  | 5,480
Accruals | 3,510 |  | 3,300
| 28,103 |  | 19,109

There are no amounts included above in respect of which any security has been given by the small entity.

#### 5. Creditors: amounts falling due after more than one year

| 2025 |  | 2024
| £ |  | £
Bank loans | 4,664 |  | 7,170

There are no amounts included above in respect of which any security has been given by the small entity.

#### 6. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
611,700 A ordinary shares of £ 1.00 each | 611,700 |  | 611,700

#### 7. Related party transactions

Transactions with the entity's director

At the year end, the director owed the company £675 (2024: £675). This loan is interest free with no fixed date for repayment.

During the year the Company has taken advantage of the exemption in section 1AC.35 of FRS 102 to not disclose related party transactions with wholly owned subsidiaries within the group.

#### 8. Ultimate controlling party

Parent Company:

Insurance Decision Technologies, Inc
850 New Burton Road, Suite 201, Dover, Delaware, United States of America