BRW Brokers Limited

	Page
Company Information	1
Directors' Report	2
Accountant's Report	3
Profit and Loss Account	4
Balance Sheet	5
Notes to the Financial Statements	6—7

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BRW Brokers Limited

Company No. 07147034

Directors' Report For The Year Ended 31 December 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2025.

Principal Activity

The company's principal activity continues to be that of a reinsurance broker.

Dividends

A dividend of £30,000 was declared during the year. At the year-end £10,000 had been paid and a balance of £20,000 was owed which is reported in other creditors.

Directors

The directors who held office during the year were as follows:

V Naumecs

M L Glover

Statement of Directors' Responsibilities

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Small Company Rules

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

On behalf of the board

V Naumecs

Director

2 September 2026

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BRW Brokers Limited

Accountant's Report

For The Year Ended 31 December 2025

Accountant's Report

Chartered Accountant's report to the directors on the preparation of the unaudited statutory accounts of BRW Brokers Limited for the year ended 31 December 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of BRW Brokers Limited for the year ended 31 December 2025 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.

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

This report is made solely to the directors of BRW Brokers Limited , as a body, in accordance with the terms of our engagement letter dated 24 April 2024. Our work has been undertaken solely to prepare for your approval the accounts of BRW Brokers Limited and state those matters that we have agreed to state to the directors of BRW Brokers Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BRW Brokers Limited and its directors, as a body, for our work or for this report.

It is your duty to ensure that BRW Brokers Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of BRW Brokers Limited . You consider that BRW Brokers Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of BRW Brokers 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 financial statements.

2 September 2026

MJL Accountancy Ltd

Pantiles Chambers

85 High Street

Tunbridge Wells

TN1 1XP

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BRW Brokers Limited

Profit and Loss Account

For The Year Ended 31 December 2025

Profit and Loss Account

		2025	2024
	Notes	£	£
TURNOVER		869,381	423,211

Administrative expenses		(872,822 )	(680,626 )

OPERATING LOSS AND LOSS FOR THE FINANCIAL YEAR		(3,441 )	(257,415 )

The notes on pages 6 to 7 form part of these financial statements.

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BRW Brokers Limited

Balance Sheet

As At 31 December 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,287		3,919

			4,287		3,919
CURRENT ASSETS
Debtors	5	231,808		129,085
Cash at bank and in hand		843,876		944,953

		1,075,684		1,074,038
Creditors: Amounts Falling Due Within One Year	6	(581,311 )		(545,856 )

NET CURRENT ASSETS (LIABILITIES)			494,373		528,182

TOTAL ASSETS LESS CURRENT LIABILITIES			498,660		532,101

NET ASSETS			498,660		532,101

CAPITAL AND RESERVES
Called up share capital	7		60,000		60,000
Profit and Loss Account			438,660		472,101

SHAREHOLDERS' FUNDS			498,660		532,101

For the year ending 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

V Naumecs

Director

2 September 2026

The notes on pages 6 to 7 form part of these financial statements.

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BRW Brokers Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

BRW Brokers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07147034 . The registered office is Dawson House, 5 Jewry Street, London, EC3N 2EX.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents brokerage income accounted for when premiums have been received.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	25% straight line
Computer Equipment	33.33% straight line

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	1	4

	1	4

4. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2025	199	9,203	9,402
Additions	-	2,757	2,757

As at 31 December 2025	199	11,960	12,159

Depreciation
As at 1 January 2025	58	5,425	5,483
Provided during the period	50	2,339	2,389

As at 31 December 2025	108	7,764	7,872

Net Book Value
As at 31 December 2025	91	4,196	4,287

As at 1 January 2025	141	3,778	3,919

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BRW Brokers Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	20,486	19,847
Other debtors	18,901	10,032
Insurance debtors	188,874	91,027
Amounts owed by group undertakings	3,547	8,179

	231,808	129,085

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Other taxes and social security	1	1
Other creditors	20,000	-
Insurance creditors	557,110	541,047
Accruals and deferred income	4,200	4,808

	581,311	545,856

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	60,000	60,000

8. Client Cash Balance

Included within the Cash at bank and in hand figure is an amount of £560,228 (2024: £544,423) that is client money and therefore not available for use by the Company.

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