Andrew Copeland (Insurance Consultants) - Limited company accounts 25.1

REGISTERED NUMBER: 01325898 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Andrew Copeland (Insurance Consultants)

Limited

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Other Comprehensive Income

4

Balance Sheet

5

Statement of Changes in Equity

6

Notes to the Financial Statements

7

DIRECTORS:

P J Anson

A Copeland

S Thomas

SECRETARY:

P J Anson

REGISTERED OFFICE:

224 High Street

Beckenham

Kent

BR3 1EN

REGISTERED NUMBER:

01325898 (England and Wales)

ACCOUNTANTS:

M S Aulak Bsc CIPFA FCCA

Chartered Certified Accountant

25 Coolgardie Avenue

Chigwell

Essex

IG7 5AX

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of insurance agents and consultants.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

P J Anson

R H Thomas

A Copeland

S Thomas

Mrs D M Copeland

Other changes in directors holding office are as follows:

R H Thomas and Mrs D M Copeland ceased to be directors after 31 December 2025 but prior to the date of this report.

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors 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 these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements 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.

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

ON BEHALF OF THE BOARD:

A Copeland - Director

21 September 2026

TURNOVER

3

643,344

618,290

Distribution costs

179,087

152,566

Administrative expenses

451,865

457,945

630,952

610,511

12,392

7,779

Other operating income

19,399

7,146

OPERATING PROFIT

31,791

14,925

Interest receivable and similar income

6

3,545

4,509

PROFIT BEFORE TAXATION

7

35,336

19,434

Tax on profit

8

7,686

3,058

PROFIT FOR THE FINANCIAL YEAR

27,650

16,376

PROFIT FOR THE YEAR

27,650

16,376

OTHER COMPREHENSIVE INCOME

-

TOTAL COMPREHENSIVE INCOME
FOR THE YEAR

27,650

16,376

FIXED ASSETS

Tangible assets

10

191,112

208,824

CURRENT ASSETS

Debtors

11

221,300

251,233

Cash at bank

285,851

279,051

507,151

530,284

CREDITORS

Amounts falling due within one year

12

275,303

318,798

NET CURRENT ASSETS

231,848

211,486

TOTAL ASSETS LESS CURRENT
LIABILITIES

422,960

420,310

CAPITAL AND RESERVES

Called up share capital

13

10,500

Share premium

14,500

Revaluation reserve

750

Capital redemption reserve

130,739

Retained earnings

14

266,471

263,821

SHAREHOLDERS' FUNDS

422,960

420,310

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2026 and were signed on its behalf by:

S Thomas - Director

Called up

share

Retained

Share

capital

earnings

premium

£

Balance at 1 January 2024

10,500

277,445

14,500

Changes in equity

Dividends

-

(30,000

)

-

Total comprehensive income

-

16,376

-

Balance at 31 December 2024

10,500

263,821

14,500

Changes in equity

Dividends

-

(25,000

)

-

Total comprehensive income

-

27,650

-

Balance at 31 December 2025

10,500

266,471

14,500

Capital

Revaluation

redemption

Total

reserve

equity

£

Balance at 1 January 2024

750

130,739

433,934

Changes in equity

Dividends

-

(30,000

)

Total comprehensive income

-

16,376

Balance at 31 December 2024

750

130,739

420,310

Changes in equity

Dividends

-

(25,000

)

Total comprehensive income

-

27,650

Balance at 31 December 2025

750

130,739

422,960

1.	STATUTORY INFORMATION

Andrew Copeland (Insurance Consultants) 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 preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 101 "Reduced Disclosure Framework" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 101 "Reduced Disclosure Framework":

•

the requirements of paragraphs 45(b) and 46 to 52 of IFRS 2 Share-based Payment;

•

the requirements of paragraphs 62, B64(d), B64(e), B64(g), B64(h), B64(j) to B64(m), B64(n)(ii),
B64(o)(ii), B64(p), B64(q)(ii), B66 and B67 of IFRS 3 Business Combinations;

•

the requirements of paragraph 33(c) of IFRS 5 Non Current Assets Held for Sale and Discontinued
Operations;

•

the requirements of paragraph 24(6) of IFRS 6 Exploration for and Evaluation of Mineral Resources;

•

the requirements of IFRS 7 Financial Instruments: Disclosures;

•

the requirements of paragraphs 91 to 99 of IFRS 13 Fair Value Measurement;

•

the requirements of paragraph 52, the second sentence of paragraph 89, and paragraphs 90, 91 and 93 of
IFRS 16 Leases;

the requirements of paragraph 58 of IFRS 16;

•

the requirements of the second sentence of paragraph 110 and paragraphs 113(a), 114, 115, 118, 119(a) to
(c), 120 to 127 and 129 of IFRS 15 Revenue from Contracts with Customers;

•

the requirement in paragraph 38 of IAS 1 Presentation of Financial Statements to present comparative
information in respect of:

-

paragraphs 53(a), (h) and (j) of IFRS 16;

-

paragraph 79(a)(iv) of IAS 1;

-

paragraph 73(e) of IAS 16 Property, Plant and Equipment;

-

paragraph 118(e) of IAS 38 Intangible Assets;

-

paragraphs 76 and 79(d) of IAS 40 Investment Property; and

-

paragraph 50 of IAS 41 Agriculture;

•

the requirements of paragraphs 10(d), 10(f), 16, 38A, 38B, 38C, 38D, 40A, 40B, 40C, 40D, 111 and 134 to
136 of IAS 1;

•

the requirements of

-

paragraphs 1 to 44E, 44H(b)(ii) and 45 to 63 of IAS 7 Statement of Cash Flows; and

-

paragraphs 44F, 44G, 44H(a), 44H(b)(i), 44H(b)(iii) and 44H(c) of IAS 7;

•

the requirements of paragraphs 30 and 31 of IAS 8 Accounting Policies, Changes in Accounting Estimates
and Errors;

•

the requirements of paragraphs 88C and 88D of IAS 12 Income Taxes;

•

the requirements of paragraph 74(b) of IAS 16;

•

the requirements of paragraphs 17 and 18A of IAS 24 Related Party Disclosures;

•

the requirements in IAS 24 Related Party Disclosures to disclose related party transactions entered into
between two or more members of a group;

•

the requirements of paragraphs 134(d) to 134(f) and 135(c) to 135(e) of IAS 36 Impairments of Assets.

Turnover

Represents commission receivable.

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.

Improvements to property

-

in accordance with the property

Plant and machinery

-

20% on cost

Fixtures and fittings

-

15% on reducing balance

Taxation

Current taxes are based on the results shown in the financial statements and are calculated according to local tax rules, using tax rates enacted or substantially enacted by the balance sheet date.

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Employee benefit costs

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the income statement in the period to which they relate.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

4.	EMPLOYEES AND DIRECTORS

31.12.25

31.12.24

£

Wages and salaries

280,680

282,538

Social security costs

24,094

20,817

Other pension costs

25,029

36,594

329,803

339,949

The average number of employees during the year was as follows:

31.12.25

31.12.24

Office administration

12

11

5.	DIRECTORS' EMOLUMENTS

31.12.25

31.12.24

£

Directors' remuneration

120,960

148,087

6.

INTEREST RECEIVABLE AND SIMILAR INCOME

31.12.25

31.12.24

£

Deposit account interest

3,545

4,509

7.	PROFIT BEFORE TAXATION

The profit before taxation is stated after charging:

31.12.25

31.12.24

£

Depreciation - owned assets

17,712

18,578

8.

TAXATION

Analysis of tax expense

31.12.25

31.12.24

£

Current tax:

Tax

7,686

3,058

Total tax expense in income statement

7,686

3,058

9.

DIVIDENDS

31.12.25

31.12.24

£

Interim

25,000

30,000

10.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

COST

At 1 January 2025

and 31 December 2025

284,436

30,089

37,816

352,341

DEPRECIATION

At 1 January 2025

98,097

20,197

25,223

143,517

Charge for year

14,222

1,599

1,891

17,712

At 31 December 2025

112,319

21,796

27,114

161,229

NET BOOK VALUE

At 31 December 2025

172,117

8,293

10,702

191,112

At 31 December 2024

186,339

9,892

12,593

208,824

11.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

169,267

198,519

Bad debt provision

-

(1,627

)

Other debtors

52,033

54,341

221,300

251,233

12.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

210,135

278,327

Taxation

7,686

3,058

PAYE and other taxes

12,048

14,881

Other creditors

31,777

6,594

Directors' current accounts

1,624

-

Accrued expenses

12,033

15,938

275,303

318,798

13.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

10,500

Ordinary

£1

10,500

14.

RESERVES

Capital

Retained

Share

Revaluation

redemption

earnings

premium

reserve

Totals

£

At 1 January 2025

263,821

14,500

750

130,739

409,810

Profit for the year

27,650

Dividends

(25,000

)

(25,000

)

At 31 December 2025

266,471

14,500

750

130,739

412,460

15.	RELATED PARTY DISCLOSURES

During the year the company undertook the following related party transactions with companies in which the directors either had financial interest or were directors thereof:

The company paid £21,000 (2024 - £21,000) to Andrew Copeland Properties Limited for the cost of office accommodation and associated services. Some of the directors of the company are also directors and shareholders of Andrew Copeland Properties Limited.

These were normal commercial transactions.