Company Registration No. 04265252 (England and Wales)
WTJ Insurance Brokers Limited
Unaudited accounts
for the year ended 30 November 2025
WTJ Insurance Brokers Limited
Unaudited accounts
Contents
WTJ Insurance Brokers Limited
Company Information
for the year ended 30 November 2025
Directors
M B Woodhead
J Bell
Company Number
04265252 (England and Wales)
Registered Office
Landmark House
556 Leeds Road, Outwood
Wakefield
WF1 2DX
Accountants
Smart Accounts & Tax Ltd
Bay Hall
Miln Road Birkby
Huddersfield
West Yorkshire
HD1 5EJ
WTJ Insurance Brokers Limited
Statement of financial position
as at 30 November 2025
Tangible assets
803,719
768,569
Investment property
331,189
331,189
Debtors
4,839,557
4,178,257
Cash at bank and in hand
15,145
6,228
Creditors: amounts falling due within one year
(4,729,886)
(3,929,923)
Net current assets
124,816
254,562
Total assets less current liabilities
1,259,724
1,354,320
Creditors: amounts falling due after more than one year
(62,211)
(143,210)
Net assets
1,197,513
1,211,110
Called up share capital
450,100
450,100
Profit and loss account
747,413
761,010
Shareholders' funds
1,197,513
1,211,110
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 July 2026 and were signed on its behalf by
M B Woodhead
Director
Company Registration No. 04265252
WTJ Insurance Brokers Limited
Notes to the Accounts
for the year ended 30 November 2025
WTJ Insurance Brokers Limited is a private company, limited by shares, registered in England and Wales, registration number 04265252. The registered office is Landmark House, 556 Leeds Road, Outwood, Wakefield, WF1 2DX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in sterling.
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards ( United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
Current tax is recognised for the amount of tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.
Turnover represents amounts receivable for services provided.
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
33% on cost
Leased assets and HP commitments
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives defined over the shorter of the lease term and their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Fixed asset investments are stated at cost less provision for diminution in value.
WTJ Insurance Brokers Limited
Notes to the Accounts
for the year ended 30 November 2025
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme. Differences between contributions payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end.
4
Intangible fixed assets
Goodwill
At 30 November 2025
96,587
At 30 November 2025
96,587
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2024
834,178
268,067
80,669
61,533
1,244,447
Additions
72,168
56,498
3,244
3,992
135,902
Disposals
-
(92,904)
-
-
(92,904)
At 30 November 2025
906,346
231,661
83,913
65,525
1,287,445
At 1 December 2024
262,708
76,533
76,165
60,472
475,878
Charge for the year
9,889
49,587
1,712
1,246
62,434
On disposals
-
(54,586)
-
-
(54,586)
At 30 November 2025
272,597
71,534
77,877
61,718
483,726
At 30 November 2025
633,749
160,127
6,036
3,807
803,719
At 30 November 2024
571,470
191,534
4,504
1,061
768,569
Fair value at 1 December 2024
331,189
At 30 November 2025
331,189
WTJ Insurance Brokers Limited
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
Trade debtors
2,754,148
2,429,543
Amounts due from group undertakings etc.
1,717,528
790,428
Other debtors
367,881
958,286
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Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
145,886
138,033
Obligations under finance leases and hire purchase contracts
45,217
63,906
Trade creditors
3,701,657
3,288,175
Amounts owed to group undertakings and other participating interests
280,443
209,787
Taxes and social security
133,866
127,788
Other creditors
422,817
102,234
Bank Loans, Overdrafts, finance lease and hire purchase contracts and loans are secured
9
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
62,211
70,200
Bank Loans and Obligations under finance leases and hire purchase contracts are secured.
Allotted, called up and fully paid:
100,100 Ordinary shares of £1 each
100,100
100,100
350,000 Ordinary A shares of £1 each
350,000
350,000
Defined Contribution payable by the company for year were £27,841
(2024 - £29,622)
12
Operating lease commitments
2025
2024
At 30 November 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Later than one year and not later than five years
3,840
9,900
WTJ Insurance Brokers Limited
Notes to the Accounts
for the year ended 30 November 2025
Included within other debtors is an amount due from one director of £0 (2024 - £539,860)
14
Transactions with related parties
WTJ Marine Limited
The company raised a management charge of £24,000 (2024 - £23,000). The remainder in the year relates to arms length trading.
Beechholme Management
The company paid a management charge to WTJ Insurance Brokers Limited of £3,000 (2025- 3,000). At the year end the company owed £413,414 (2025 - £418,344) to WTJ Insurance Brokers Limited.
WTJ Holdings Ltd
WTJ Holdings Limited raised a management charge of £100,000 (2024 - £100,000), a company under the control of M B Woodhead. At the year end the company was due £1,496,430 (2024 - £572,330).
The company's parent undertaking is WTJ Holdings Limited.
The company is under the control of M B Woodhead by virtue of his shareholding in its parent undertaking W T J Holdings Limited.
16
Average number of employees
During the year the average number of employees was 31 (2024: 33).