David J. Killen & Co. (Insurance - Accounts to registrar (filleted)

REGISTERED NUMBER: 02337119 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH JUNE 2026

FOR

DAVID J. KILLEN & CO. (INSURANCE

SERVICES) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C R Dowman

REGISTERED OFFICE:

294-296 The Green

Eccleston

Chorley

Lancashire

PR7 5TP

REGISTERED NUMBER:

02337119 (England and Wales)

ACCOUNTANTS:

Whitehead & Howarth

327 Clifton Drive South

Lytham St Annes

Lancashire

FY8 1HN

FIXED ASSETS

Intangible assets

4

65,000

72,800

Tangible assets

5

6,850

8,319

71,850

81,119

CURRENT ASSETS

Debtors

6

480,399

385,409

Cash at bank and in hand

1,009,968

660,520

1,490,367

1,045,929

CREDITORS

Amounts falling due within one year

7

320,603

226,055

NET CURRENT ASSETS

1,169,764

819,874

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,241,614

900,993

PROVISIONS FOR LIABILITIES

1,579

1,951

NET ASSETS

1,240,035

899,042

CAPITAL AND RESERVES

Called up share capital

9

92

Capital redemption reserve

12

Retained earnings

1,239,931

898,938

SHAREHOLDERS' FUNDS

1,240,035

899,042

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11th September 2026 and were signed by:

C R Dowman - Director

1.	STATUTORY INFORMATION

David J. Killen & Co. (Insurance Services) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of ten 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 the cost less estimated residual value of each asset over its estimated useful life.

Long leasehold

-

5% on cost

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Fixed assets are stated at purchase price plus any costs of acquisition

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 8 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st July 2025

and 30th June 2026

78,000

AMORTISATION

At 1st July 2025

5,200

Charge for year

7,800

At 30th June 2026

13,000

NET BOOK VALUE

At 30th June 2026

65,000

At 30th June 2025

72,800

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1st July 2025

3,833

32,632

36,465

Additions

-

630

Disposals

-

(373

)

(373

)

At 30th June 2026

3,833

32,889

36,722

DEPRECIATION

At 1st July 2025

3,833

24,313

28,146

Charge for year

-

2,063

Eliminated on disposal

-

(337

)

(337

)

At 30th June 2026

3,833

26,039

29,872

NET BOOK VALUE

At 30th June 2026

-

6,850

At 30th June 2025

-

8,319

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/26

30/6/25

£

Other debtors

480,399

385,409

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/6/26

30/6/25

£

Trade creditors

189,295

156,700

Taxation and social security

125,421

64,521

Other creditors

5,887

4,834

320,603

226,055

8.	LEASING AGREEMENTS

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

30/6/26

30/6/25

£

Within one year

11,728

Between one and five years

288

2,016

12,016

13,744

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30/6/26

30/6/25

value:

£

100

Ordinary

£1

90

2

'A' Ordinary

£1

2

'B' Ordinary

£1

-

92

All classes of shares carry the same rights.

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th June 2026 and 30th June 2025:

30/6/26

30/6/25

£

C R Dowman

Balance outstanding at start of year

(1,228

)

(3,156

)

Amounts advanced

42,799

6,293

Amounts repaid

(43,365

)

(4,365

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(1,794

)

(1,228

)

11.	ULTIMATE CONTROLLING PARTY

Mr C R Dowman was the controlling party of the company at the year end date.