CHW Limited
Unaudited Financial Statements
For the year ended 31 December 2025
Pages for Filing with Registrar
Company Registration No. 11351838 (England and Wales)
CHW Limited
Company Information
Director
C Wilce
Company number
11351838
Registered office
6th Floor
9 Appold Street
London
EC2A 2AP
Accountants
Moore Kingston Smith LLP
6th Floor
9 Appold Street
London
EC2A 2AP
CHW Limited
Contents
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 6
CHW Limited
Balance Sheet
As at 31 December 2025
Page 1
Year
Year
ended
ended
31 December
31 December
2025
2024
Notes
£
£
£
£
Fixed assets
Investments
3
2,400,000
2,400,000
Current assets
Debtors
5
1
1
Cash at bank and in hand
148,149
46,616
148,150
46,617
Creditors: amounts falling due within one year
6
(200,000)
(200,000)
Net current liabilities
(51,850)
(153,383)
Net assets
2,348,150
2,246,617
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
2,348,149
2,246,616
Total equity
2,348,150
2,246,617

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

CHW Limited
Balance Sheet (Continued)
As at 31 December 2025
Page 2
The financial statements were approved and signed by the director and authorised for issue on 7 August 2026
C Wilce
Director
Company Registration No. 11351838
CHW Limited
Statement of Changes in Equity
For the year ended 31 December 2025
Page 3
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 1 January 2024
1
1,949,716
1,949,717
Year ended 31 December 2024:
Profit and total comprehensive income
-
546,900
546,900
Dividends
-
(250,000)
(250,000)
Balance at 31 December 2024
1
2,246,616
2,246,617
Year ended 31 December 2025:
Profit and total comprehensive income
-
501,533
501,533
Dividends
-
(400,000)
(400,000)
Balance at 31 December 2025
1
2,348,149
2,348,150
CHW Limited
Notes to the Financial Statements
For the year ended 31 December 2025
Page 4
1
Accounting policies
Company information

CHW Limited is a private company limited by shares domiciled and incorporated in England and Wales. The registered office is 6th Floor, 9 Appold Street, London, EC2A 2AP.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.3
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.4
Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

CHW Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
1
Accounting policies
(Continued)
Page 5
1.5
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.6
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
0
0
3
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
2,400,000
2,400,000

CHW Limited currently holds an investment in a company, the investment is held at cost.

4
Subsidiaries

Details of the company's subsidiaries at 31 December 2025 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
PW Underwriting Limited
145 Leadenhall Street, London, EC3V 4QT, United Kingdom
Providing non-life insurance services
Ordinary
100
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
1
1
CHW Limited
Notes to the Financial Statements (Continued)
For the year ended 31 December 2025
Page 6
6
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
200,000
200,000
7
Called up share capital
2025
2024
£
£
Ordinary share capital
Issued and fully paid
1 Ordinary Share of £1
1
1
1
1
8
Related party transactions

Dividends totalling £505,000 (202 4: £550,000) were received from a company in which CHW Limited owns 100% (202 4: 100%) of the share capital.

During the period, dividends of £400,000 (202 4: £250,000) were paid to the director of the company.

Included within other debtors at the year end is an amount of £1 (2024: £1) in respect of unpaid share capital issued in the period to the director.

9
Controlling party

C. Wilce is the ultimate controlling party by way of his majority shareholding.

2025-12-31 2025-01-01 false false false 07 August 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity C Wilce 11351838 2025-01-01 2025-12-31 11351838 bus:Director1 2025-01-01 2025-12-31 11351838 bus:RegisteredOffice 2025-01-01 2025-12-31 11351838 2025-12-31 11351838 2024-12-31 11351838 core:ShareCapital 2025-12-31 11351838 core:ShareCapital 2024-12-31 11351838 core:RetainedEarningsAccumulatedLosses 2025-12-31 11351838 core:RetainedEarningsAccumulatedLosses 2024-12-31 11351838 core:ShareCapital 2023-12-31 11351838 core:RetainedEarningsAccumulatedLosses 2023-12-31 11351838 core:ShareCapitalOrdinaryShareClass1 2025-12-31 11351838 core:ShareCapitalOrdinaryShareClass1 2024-12-31 11351838 core:ShareCapitalOrdinaryShares 2025-12-31 11351838 core:ShareCapitalOrdinaryShares 2024-12-31 11351838 core:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 11351838 2024-01-01 2024-12-31 11351838 core:RetainedEarningsAccumulatedLosses 2025-01-01 2025-12-31 11351838 core:Subsidiary1 2025-01-01 2025-12-31 11351838 core:Subsidiary1 1 2025-01-01 2025-12-31 11351838 core:CurrentFinancialInstruments 2025-12-31 11351838 core:CurrentFinancialInstruments 2024-12-31 11351838 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 11351838 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 11351838 bus:FRS102 2025-01-01 2025-12-31 11351838 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 11351838 bus:FullAccounts 2025-01-01 2025-12-31 xbrli:pure xbrli:shares iso4217:GBP