REGISTERED NUMBER: 04396514 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

BULLERWELL & CO LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Blakey

D Oldham

C S Parker

Ataraxia 11 Limited

A P Roden

REGISTERED OFFICE:

13 Goldington Road

Bedford

Bedfordshire

MK40 3JY

REGISTERED NUMBER:

04396514 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Tangible assets

4

15,743

17,516

CURRENT ASSETS

Debtors

5

1,071,336

778,536

Cash at bank and in hand

85,774

247,553

1,157,110

1,026,089

CREDITORS

Amounts falling due within one year

6

421,442

488,283

NET CURRENT ASSETS

735,668

537,806

TOTAL ASSETS LESS CURRENT LIABILITIES

751,411

555,322

PROVISIONS FOR LIABILITIES

3,936

4,379

NET ASSETS

747,475

550,943

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Capital redemption reserve

7

10

10

Retained earnings

7

746,465

549,933

SHAREHOLDERS' FUNDS

747,475

550,943

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 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 2 September 2026 and were signed on its behalf by:

D J Blakey - Director

1.	STATUTORY INFORMATION

Bullerwell & Co 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 represents commissions receivable in respect of insurance brokerage.

Tangible fixed assets

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

Office equipment

-

15% on cost

Fixtures and fittings

-

15% on cost

Computer equipment

-

33% on cost

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity. An equity instrument is any contract that evidences residual interest in the assets of the company after deduction any liabilities.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

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 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.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount an impairment loss is recognised in the profit and loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Computer

equipment

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2025

11,344

9,154

61,675

82,173

Additions

-

-

6,982

6,982

At 31 December 2025

11,344

9,154

68,657

89,155

DEPRECIATION

At 1 January 2025

9,733

4,777

50,147

64,657

Charge for year

510

1,197

7,048

8,755

At 31 December 2025

10,243

5,974

57,195

73,412

NET BOOK VALUE

At 31 December 2025

1,101

3,180

11,462

15,743

At 31 December 2024

1,611

4,377

11,528

17,516

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Insurance debtors

467,682

487,540

Amounts owed by group undertakings

526,360

223,749

Prepayments

77,294

67,247

1,071,336

778,536

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Tax

86,275

180,830

Social security and other taxes

25,723

19,096

Agent creditors

162,904

161,888

Creditors and accrued expenses

146,540

126,469

421,442

488,283

7.

RESERVES

Capital

Retained

redemption

earnings

reserve

Totals

£

£

£

At 1 January 2025

549,933

10

549,943

Profit for the year

446,532

446,532

Dividends

(250,000

)

(250,000

)

At 31 December 2025

746,465

10

746,475

8.	OTHER FINANCIAL COMMITMENTS

The company had total commitments, contracted for but not provided for, at the balance sheet date of £91,444 (2024: £93,438).