Company registration number: 01089241
Annual report and unaudited financial statements
for the year ended 31 December 2025
for
FAIRWEATHER INSURANCE SERVICES LIMITED
Pages for filing with the Registrar
Company registration number: 01089241
FAIRWEATHER INSURANCE SERVICES LIMITED
Balance sheet
as at 31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Intangible assets 4 84,000 94,500
Tangible assets 5 69,688 81,986
Investments 6 100,000 100,000
253,688 276,486
Current assets
Debtors 7 17,984 307,429
Cash at bank and in hand 2,112 69,563
20,096 376,992
Creditors: amounts falling due within one
year 		8 (42,375) (34,411)
Net current (liabilities)/assets (22,279) 342,581
Total assets less current liabilities 231,409 619,067
NET ASSETS 231,409 619,067
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account 230,409 618,067
TOTAL EQUITY 231,409 619,067
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 01089241
FAIRWEATHER INSURANCE SERVICES LIMITED
Balance sheet - continued
as at 31 December 2025
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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 8 May 0206 and signed on its behalf by:
Mr J UPTON, Director
8 May 0206
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FAIRWEATHER INSURANCE SERVICES LIMITED
Notes to the financial statements
for the year ended 31 December 2025
1 Company information
FAIRWEATHER INSURANCE SERVICES LIMITED is a private company registered in England and Wales. Its registered number is 01089241. The company is limited by shares. Its registered office is Chalfont Hall, Gravel Hill, Chalfont St Peter, Bucks, SL9 0NP.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 15% straight line
Motor vehicles - 25% straight line
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
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FAIRWEATHER INSURANCE SERVICES LIMITED
Notes to the financial statements - continued
for the year ended 31 December 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 25 (2024 - 25).
4 Intangible assets
Goodwill
£
Cost
At 1 January 2025 141,538
At 31 December 2025 141,538
Amortisation
At 1 January 2025 47,038
Charge for year 10,500
At 31 December 2025 57,538
Net book value
At 31 December 2025 84,000
At 31 December 2024 94,500
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FAIRWEATHER INSURANCE SERVICES LIMITED
Notes to the financial statements - continued
for the year ended 31 December 2025
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 January 2025 472,323
At 31 December 2025 472,323
Depreciation
At 1 January 2025 390,337
Charge for year 12,298
At 31 December 2025 402,635
Net book value
At 31 December 2025 69,688
At 31 December 2024 81,986
6 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 January 2025 100,000
At 31 December 2025 100,000
Net book value
At 31 December 2025 100,000
At 31 December 2024 100,000
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FAIRWEATHER INSURANCE SERVICES LIMITED
Notes to the financial statements - continued
for the year ended 31 December 2025
7 Debtors
2025 2024
£ £
Amounts owed by group undertakings 200 138,764
Other debtors 11,110 160,547
Prepayments and accrued income 6,674 8,118
17,984 307,429
8 Creditors: amounts falling due within one year
2025 2024
£ £
Other creditors 2,450 2,450
Taxation 54 54
Social security and other tax 29,971 22,007
Accruals and deferred income 9,900 9,900
42,375 34,411
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