REGISTERED NUMBER: 11614183 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2026

FOR

EXCHEQUER UNDERWRITING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

T J Roberts

REGISTERED OFFICE:

No 3 Siskin Drive

Middlemarch Buisness park

Coventry

CV3 4FJ

REGISTERED NUMBER:

11614183 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

CREDITORS

Amounts falling due within one year

5

33,130

33,130

NET CURRENT LIABILITIES

(33,130

)

(33,130

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(33,130

)

(33,130

)

CREDITORS

Amounts falling due after more than one year

6

51,878

51,878

NET LIABILITIES

(85,008

)

(85,008

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(85,108

)

(85,108

)

(85,008

)

(85,008

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

T J Roberts - Director

1.	STATUTORY INFORMATION

Exchequer Underwriting 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.

Going concern

At 30 June 2026 the company had net liabilities of £85,008 (2025; net liabilities £85,008). Based on future forecasted profits and the continuing support of the company's bank the director is of the opinion the company is a going concern, the accounts have been prepared on this basis.

Tangible fixed assets

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

Computer equipment

-

20% straight line

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2025 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 July 2025

and 30 June 2026

499

DEPRECIATION

At 1 July 2025

and 30 June 2026

499

NET BOOK VALUE

At 30 June 2026

-

At 30 June 2025

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed to group undertakings

33,129

33,129

Other creditors

1

1

33,130

33,130

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

51,878

51,878

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2026

2025

£

£

T J Roberts

Balance outstanding at start of year

-

9

Amounts repaid

-

(9

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

-

8.	RELATED PARTY DISCLOSURES

Paramount Risk Management Limited, the parent, was due £33,129 from Exchequer Underwriting Limited at the balance sheet date.