REGISTERED NUMBER: 03174402 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

Connoisseur Policies Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F J Wakefield

C Wakefield

A Cole

REGISTERED OFFICE:

Holmbury

The Dorking Business Park

Station Road

Dorking

Surrey

RH4 1HJ

REGISTERED NUMBER:

03174402 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

391,332

212,101

391,332

212,101

CURRENT ASSETS

Debtors

6

814,153

840,416

Prepayments and accrued income

3,485

3,974

Cash at bank

7

835,783

960,386

1,653,421

1,804,776

CREDITORS

Amounts falling due within one year

8

1,493,126

1,648,374

NET CURRENT ASSETS

160,295

156,402

TOTAL ASSETS LESS CURRENT LIABILITIES

551,627

368,503

PROVISIONS FOR LIABILITIES

86,202

32,835

NET ASSETS

465,425

335,668

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

465,424

335,667

SHAREHOLDERS' FUNDS

465,425

335,668

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by:

C Wakefield - Director

A Cole - Director

1.	STATUTORY INFORMATION

Connoisseur Policies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Brokerage for underwriting is taken as income to the profit and loss account to reflect the performance under contract of the services of the company regardless of the date of the debit note.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold

-

Over the term of the lease

Improvements to property

-

Over the term of the lease

Fixtures and fittings

-

10% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2025

and 28 February 2026

34,464

AMORTISATION

At 1 March 2025

and 28 February 2026

34,464

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

Computer

leasehold

property

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 March 2025

6,455

143,622

57,863

40,566

248,506

Additions

-

148,384

65,557

12,212

226,153

At 28 February 2026

6,455

292,006

123,420

52,778

474,659

DEPRECIATION

At 1 March 2025

-

-

-

36,405

36,405

Charge for year

645

29,201

12,342

4,734

46,922

At 28 February 2026

645

29,201

12,342

41,139

83,327

NET BOOK VALUE

At 28 February 2026

5,810

262,805

111,078

11,639

391,332

At 28 February 2025

6,455

143,622

57,863

4,161

212,101

6.

DEBTORS

28.2.26

28.2.25

£

£

Amounts falling due within one year:

Trade debtors

791,903

818,166

Amounts falling due after more than one year:

Other debtors

22,250

22,250

Aggregate amounts

814,153

840,416

7.	CASH AT BANK

Included in the cash at bank figure is £566,089 (2024: £553,032) held in Insurer Trust Accounts.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.26

28.2.25

£

£

Trade creditors

963,292

1,145,005

Amounts owed to group undertakings

252,546

247,241

Tax

25,968

53,524

Accruals and deferred income

251,320

202,604

1,493,126

1,648,374

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

28.2.26

28.2.25

£

£

Within one year

121,648

60,824

Between one and five years

364,944

486,592

486,592

547,416

10.	CONTINGENT LIABILITIES

There is a cross company guarantee in existence between this company and its holding company, Anthony Wakefield and Company Limited which is limited to £25,000 in favour of National Westminster Bank.