Registration number: 06432257

Affinitive Insurance Brokers Limited

Contents

Company Information	1
Statement of Financial Position	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Affinitive Insurance Brokers Limited

Company Information

Directors

RWF Hungate M Connor

Registered office

130 Shaftesbury Avenue London W1D 5EU

Accountants

Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Affinitive Insurance Brokers Limited

Statement of Financial Position as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	7,127	11,502
Current assets
Debtors	5	456,448	641,249
Cash at bank and in hand		88,031	23,268
		544,479	664,517
Creditors: Amounts falling due within one year	6	(235,546)	(256,271)
Net current assets		308,933	408,246
Total assets less current liabilities		316,060	419,748
Creditors: Amounts falling due after more than one year	6	(115,769)	(91,459)
Provisions for liabilities		(1,781)	(2,875)
Net assets		198,510	325,414
Capital and reserves
Called up share capital		30,003	30,003
Retained earnings		168,507	295,411
Shareholders' funds		198,510	325,414

For the financial year ending 31 March 2026 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’.

The directors of Affinitive Insurance Brokers Limited have elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, s444.

Affinitive Insurance Brokers Limited

Statement of Financial Position as at 31 March 2026

Approved and authorised by the Board on 12 May 2026 and signed on its behalf by:
 

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

RWF Hungate

Director

Company registration number: 06432257

Affinitive Insurance Brokers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

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

The address of its registered office is:
130 Shaftesbury Avenue
London
W1D 5EU

The principal activity of the company is that of the provision of insurance services.

2	Accounting policies

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 except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

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, unless otherwise stated.

Going concern

The company made a profit for the year ended 31 March 2026 and had net assets at that date of £198,510. The company has continued to trade profitably subsequent to 31 March 2026 and the directors believe this will continue.

On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operation existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of commission income received or receivable for the provision of insurance services in the ordinary course of the company's activities. Turnover is shown net of Value Added Tax, rebates and discounts.

Commission is recognised on the inception date of the insurance policies.

Affinitive Insurance Brokers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense 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 in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in
the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be
recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the
reporting date and that are expected to apply to the reversal of the timing difference.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Furniture, fittings and equipment	25% Reducing balance

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Affinitive Insurance Brokers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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.

3	Staff numbers

The average number of persons employed by the company during the year, was 8 (2025 - 9).

4	Tangible assets

	Furniture, fittings and equipment  £
Cost or valuation
At 1 April 2025	65,333
Additions	1,199
Disposals	(46,982)
At 31 March 2026	19,550
Depreciation
At 1 April 2025	53,831
Charge for the year	2,376
Eliminated on disposal	(43,784)
At 31 March 2026	12,423
Carrying amount
At 31 March 2026	7,127
At 31 March 2025	11,502

Affinitive Insurance Brokers Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5

Debtors

	2026 £	2025 £
Trade debtors	26,345	41,044
Other debtors	430,103	600,205
	456,448	641,249

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Loans and borrowings	7	45,937	25,981
Trade creditors		12,320	7,466
Taxation and social security		150,890	177,502
Other creditors		26,399	45,322
		235,546	256,271

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Loans and borrowings	7	115,769	91,459

7	Loans and borrowings

	2026 £	2025 £
Current loans and borrowings
Bank loan	4,167	10,000
Other loans	41,770	15,981
	45,937	25,981