IRIS Accounts Production v26.1.10.61 00948748 Board of Directors 1.5.25 30.4.26 30.4.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 00948748 2025-04-30 00948748 2026-04-30 00948748 2025-05-01 2026-04-30 00948748 2024-04-30 00948748 2024-05-01 2025-04-30 00948748 2025-04-30 00948748 ns15:EnglandWales 2025-05-01 2026-04-30 00948748 ns14:PoundSterling 2025-05-01 2026-04-30 00948748 ns10:Director1 2025-05-01 2026-04-30 00948748 ns10:PrivateLimitedCompanyLtd 2025-05-01 2026-04-30 00948748 ns10:SmallEntities 2025-05-01 2026-04-30 00948748 ns10:AuditExemptWithAccountantsReport 2025-05-01 2026-04-30 00948748 ns10:SmallCompaniesRegimeForAccounts 2025-05-01 2026-04-30 00948748 ns10:FullAccounts 2025-05-01 2026-04-30 00948748 1 2025-05-01 2026-04-30 00948748 ns10:Director2 2025-05-01 2026-04-30 00948748 ns10:Director3 2025-05-01 2026-04-30 00948748 ns10:Director4 2025-05-01 2026-04-30 00948748 ns10:CompanySecretary1 2025-05-01 2026-04-30 00948748 ns10:RegisteredOffice 2025-05-01 2026-04-30 00948748 ns5:CurrentFinancialInstruments 2026-04-30 00948748 ns5:CurrentFinancialInstruments 2025-04-30 00948748 ns5:ShareCapital 2026-04-30 00948748 ns5:ShareCapital 2025-04-30 00948748 ns5:SharePremium 2026-04-30 00948748 ns5:SharePremium 2025-04-30 00948748 ns5:CapitalRedemptionReserve 2026-04-30 00948748 ns5:CapitalRedemptionReserve 2025-04-30 00948748 ns5:RetainedEarningsAccumulatedLosses 2026-04-30 00948748 ns5:RetainedEarningsAccumulatedLosses 2025-04-30 00948748 ns5:NetGoodwill 2025-05-01 2026-04-30 00948748 ns5:IntangibleAssetsOtherThanGoodwill 2025-05-01 2026-04-30 00948748 ns5:FurnitureFittings 2025-05-01 2026-04-30 00948748 ns5:MotorVehicles 2025-05-01 2026-04-30 00948748 ns5:ComputerEquipment 2025-05-01 2026-04-30 00948748 ns5:NetGoodwill 2025-04-30 00948748 ns5:ComputerSoftware 2025-04-30 00948748 ns5:ComputerSoftware 2025-05-01 2026-04-30 00948748 ns5:NetGoodwill 2026-04-30 00948748 ns5:ComputerSoftware 2026-04-30 00948748 ns5:NetGoodwill 2025-04-30 00948748 ns5:ComputerSoftware 2025-04-30 00948748 ns5:FurnitureFittings 2025-04-30 00948748 ns5:MotorVehicles 2025-04-30 00948748 ns5:ComputerEquipment 2025-04-30 00948748 ns5:FurnitureFittings 2026-04-30 00948748 ns5:MotorVehicles 2026-04-30 00948748 ns5:ComputerEquipment 2026-04-30 00948748 ns5:FurnitureFittings 2025-04-30 00948748 ns5:MotorVehicles 2025-04-30 00948748 ns5:ComputerEquipment 2025-04-30 00948748 ns5:CostValuation 2025-04-30 00948748 ns5:AdditionsToInvestments 2026-04-30 00948748 ns5:DisposalsRepaymentsInvestments 2026-04-30 00948748 ns5:RevaluationsIncreaseDecreaseInInvestments 2026-04-30 00948748 ns5:CostValuation 2026-04-30 00948748 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-04-30 00948748 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-30

REGISTERED NUMBER: 00948748 (England and Wales)

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Statement of Financial Position | 3 |

Notes to the Financial Statements | 5 |

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 APRIL 2026

| DIRECTORS: | Mr J B Donnelly

| Mr A R Passey

| Mr S L Pearson

| Mr M H Wood

| SECRETARY: | Mr M H Wood

| REGISTERED OFFICE: | 2/4 Hagley Road

| Stourbridge

| West Midlands

| DY8 1QG

| REGISTERED NUMBER: | 00948748 (England and Wales)

| ACCOUNTANTS: | Folkes Worton LLP

| 15-17 Church Street

| Stourbridge

| West Midlands

| DY8 1LU

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K.G.J Insurance Brokers (Stourbridge) Limited for the year ended 30 April 2026 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of K.G.J Insurance Brokers (Stourbridge) Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of K.G.J Insurance Brokers (Stourbridge) Limited and state those matters that we have agreed to state to the Board of Directors of K.G.J Insurance Brokers (Stourbridge) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K.G.J Insurance Brokers (Stourbridge) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that K.G.J Insurance Brokers (Stourbridge) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of K.G.J Insurance Brokers (Stourbridge) Limited. You consider that K.G.J Insurance Brokers (Stourbridge) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of K.G.J Insurance Brokers (Stourbridge) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

17 July 2026

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

STATEMENT OF FINANCIAL POSITION

30 APRIL 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | 9,475 |  |

Tangible assets | 5 | 29,720 |  | 38,603 |  |

Investments | 6 | 276,817 |  | 256,985 |  |

306,537 |  | 305,063 |  |

CURRENT ASSETS

Debtors | 7 | 397,510 |  | 409,077 |  |

Cash at bank and in hand | 176,142 |  | 146,542 |  |

573,652 |  | 555,619 |  |

CREDITORS

Amounts falling due within one year | 8 | 445,809 |  | 452,120 |  |

NET CURRENT ASSETS | 127,843 |  | 103,499 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 434,380 |  | 408,562 |  |

PROVISIONS FOR LIABILITIES | 7,430 |  | 23,557 |  |

NET ASSETS | 426,950 |  | 385,005 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Share premium | 9,900 |  | 9,900 |  |

Capital redemption reserve | 332 |  | 332 |  |

Retained earnings | 415,718 |  | 373,773 |  |

SHAREHOLDERS' FUNDS | 426,950 |  | 385,005 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

STATEMENT OF FINANCIAL POSITION - continued

30 APRIL 2026

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 17 July 2026 and were signed on its behalf by:

Mr M H Wood - Director

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

1. | STATUTORY INFORMATION

| K.G.J Insurance Brokers (Stourbridge) 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover represents commission and brokerage earned on insurance placed with insurance companies for the general public during the year.

| Commission and fees, less an appropriate provision for anticipated future rebates, are based on premiums received and paid to the insurance companies. They are recognised in the profit and loss account at the date of the transaction.

| Goodwill

| Acquired goodwill has been written off in equal annual installments over its estimated useful life of 3 years.

| 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.

| Tangible fixed assets

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

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 20% 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 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.

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2026

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 20 (2025 - 18 ) .

4. | INTANGIBLE FIXED ASSETS

| Computer |

| Goodwill |  | software |  | Totals

£ | £ | £ |

| COST

| At 1 May 2025

| and 30 April 2026 | 151,690 |  | 28,425 |  | 180,115 |  |

| AMORTISATION

| At 1 May 2025 | 151,690 |  | 18,950 |  | 170,640 |  |

| Amortisation for year | - |  | 9,475 |  | 9,475 |  |

| At 30 April 2026 | 151,690 |  | 28,425 |  | 180,115 |  |

| NET BOOK VALUE

| At 30 April 2026 | - |  | - |  | - |  |

| At 30 April 2025 | - |  | 9,475 |  | 9,475 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 May 2025

| and 30 April 2026 | 88,343 |  | 145,290 |  | 10,116 |  | 243,749 |  |

| DEPRECIATION

| At 1 May 2025 | 80,851 |  | 119,190 |  | 5,105 |  | 205,146 |  |

| Charge for year | 1,128 |  | 6,525 |  | 1,230 |  | 8,883 |  |

| At 30 April 2026 | 81,979 |  | 125,715 |  | 6,335 |  | 214,029 |  |

| NET BOOK VALUE

| At 30 April 2026 | 6,364 |  | 19,575 |  | 3,781 |  | 29,720 |  |

| At 30 April 2025 | 7,492 |  | 26,100 |  | 5,011 |  | 38,603 |  |

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2026

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST OR VALUATION

| At 1 May 2025 | 256,985 |  |

| Additions | 21,958 |  |

| Disposals | (20,598 | ) |

| Revaluations | 18,472 |  |

| At 30 April 2026 | 276,817 |  |

| NET BOOK VALUE

| At 30 April 2026 | 276,817 |  |

| At 30 April 2025 | 256,985 |  |

| Cost or valuation at 30 April 2026 is represented by:

| Other

| investments

£ |

| Valuation in 2026 | 18,472 |  |

| Valuation in 2025 | (19,027 | ) |

| Valuation in 2024 | 1,739 |  |

| Valuation in 2023 | (6,640 | ) |

| Valuation in 2022 | (23,156 | ) |

| Valuation in 2021 | 93,234 |  |

| Cost | 212,195 |  |

276,817 |  |

| Listed investments

| Included within investments are listed investments totalling £272,317. These are carried at market value as at the balance sheet date.

| Unlisted investments

| Included within investments are unlisted investments of £4,500. The directors consider that the carrying amount of financial assets carried at amortised cost in the financial statements is approximate to their fair value.

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 368,751 |  | 402,074 |  |

| Amounts owed by group undertakings | 21,600 |  | - |  |

| Other debtors | 7,159 |  | 7,003 |  |

397,510 |  | 409,077 |  |

K.G.J INSURANCE BROKERS (STOURBRIDGE)

LIMITED (REGISTERED NUMBER: 00948748)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 APRIL 2026

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade creditors | 324,375 |  | 349,320 |  |

| Amounts owed to group undertakings | - |  | 6,376 |  |

| Taxation and social security | 13,990 |  | 34,374 |  |

| Other creditors | 107,444 |  | 62,050 |  |

445,809 |  | 452,120 |  |

9. | PARENT COMPANY

| The parent company is Wood Properties 2014 Limited, registered in England and Wales. The registered office address is 2/4 Hagley Road, Stourbridge, West Midlands, DY8 1 QG.