Linkfield Accident Management Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03249734 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

LINKFIELD ACCIDENT MANAGEMENT LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

CURRENT ASSETS

Debtors

5

15,796

61,775

Cash at bank

3,756,070

2,502,866

3,771,866

2,564,641

CREDITORS

Amounts falling due within one year

6

1,034,463

780,403

NET CURRENT ASSETS

2,737,403

1,784,238

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,737,403

1,784,238

CAPITAL AND RESERVES

Called up share capital

7

900

Capital redemption reserve

100

Retained earnings

2,736,403

1,783,238

SHAREHOLDERS' FUNDS

2,737,403

1,784,238

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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by:

M D Wells ACII - Director

1.	STATUTORY INFORMATION

Linkfield Accident Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03249734

Registered office:

1-3 Linkfield Corner

Redhill

Surrey

RH1 1BL

The presentation currency of the financial statements is the Pound Sterling (£).

All amounts in the financial statements have been rounded to the nearest £.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents commissions receivable on accident management cases, net of value added tax. Income is recognised when all contractual responsibilities have been met.

Financial instruments

Basic financial assets, which include trade debtors and cash and bank balances, are initially measured at the transaction price including transaction costs and are subsequently recognised at amortised cost.

Basic financial liabilities, including trade and other creditors, amounts owed to group undertakings and accruals are initially recognised at transaction price and are subsequently recognised at amortised cost.

The company has no financial assets or financial liabilities measured at fair value.

Classification of financial liabilities

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 entity after deducting all of its financial liabilities.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

14,058

59,237

Other debtors

1,738

2,538

15,796

61,775

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

12,820

27,168

Amounts owed to group undertakings

627,881

423,751

Taxation and social security

255,934

215,223

Other creditors

137,828

114,261

1,034,463

780,403

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

53

A ordinary

£1

53

Allotted and issued:

Number:

Class:

Nominal

2025

2024

value:

£

847

Ordinary

£1

847

8.	RELATED PARTY DISCLOSURES

During the year the company was charged expenses totalling £1,854,130 (2024: £1,497,447) and made repayments totalling £1,650,000 (2024: £1,400,000) to a wholly owned subsidiary of Brian Johnston & Co. (Insurance Services) Limited. At the balance sheet date the company owed £627,881 (2024: £423,751) to this wholly owned subsidiary of Brian Johnston & Co. (Insurance Services) Limited.

9.	ULTIMATE PARENT COMPANY

Brian Johnston & Co. (Insurance Services) Limited, a company registered in England and Wales, is regarded by the directors as being the company's parent and ultimate parent company. The registered office of Brian Johnston & Co. (Insurance Services) Limited is 1-3 Linkfield Corner, Redhill, Surrey RH1 1BL.