REGISTERED NUMBER: 01756254 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Anthony Wakefield and Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

F J Wakefield

C Wakefield

A Cole

REGISTERED OFFICE:

Holmbury

The Dorking Business Park

Station Road

Dorking

Surrey

RH4 1HJ

REGISTERED NUMBER:

01756254 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

110,379

112,077

Investments

7

1

1

110,380

112,078

CURRENT ASSETS

Debtors

8

334,458

321,567

Cash at bank

141,600

126,915

476,058

448,482

CREDITORS

Amounts falling due within one year

9

243,077

269,657

NET CURRENT ASSETS

232,981

178,825

TOTAL ASSETS LESS CURRENT LIABILITIES

343,361

290,903

CAPITAL AND RESERVES

Called up share capital

150,000

150,000

Revaluation reserve

12

51,471

51,471

Retained earnings

141,890

89,432

SHAREHOLDERS' FUNDS

343,361

290,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 21 November 2025 and were signed on its behalf by:

C Wakefield - Director

A Cole - Director

1.	STATUTORY INFORMATION

Anthony Wakefield and Company 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

General brokerage and fees are taken as income to the profit and loss account to reflect the performance of the services of the company regardless of the date of the debit note.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Freehold Property

-

in accordance with the property

Fixtures & Fittings

-

10% reducing balance

Computer Equipment

-

25% on cost

With the exception of freehold property, tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Freehold land and buildings are shown in the balance sheet at deemed cost resulting from a previous GAAP valuation in accordance with the transitional provisions of FRS102 Section 1A.

At each reporting date, assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and an impairment loss is recognised immediately in the income statement.

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.

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.

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.

Insurance brokerage assets and liabilities

The company acts as an agent in brokerage for the insurance risks of its clients and is not liable as a principle for premiums due to underwriters, nor for the claims payable to clients.

Notwithstanding the company's legal relationship with clients and underwriters, and since in practice premium and claim monies are usually accounted for by insurance intermediaries, it has followed generally accepted accounting practice by showing cash, debtors and creditors relating to insurance business as assets and liabilities of the company itself.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2024 - 13 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

and 28 February 2025

35,853

AMORTISATION

At 1 March 2024

and 28 February 2025

35,853

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 March 2024

and 28 February 2025

105,000

144,155

78,951

328,106

DEPRECIATION

At 1 March 2024

-

140,486

75,543

216,029

Charge for year

-

367

1,331

1,698

At 28 February 2025

-

140,853

76,874

217,727

NET BOOK VALUE

At 28 February 2025

105,000

3,302

2,077

110,379

At 29 February 2024

105,000

3,669

3,408

112,077

Cost or valuation at 28 February 2025 is represented by:

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

Valuation in 2008

50,575

-

-

50,575

Valuation in 2015

(45,000

)

-

-

(45,000

)

Cost

99,425

144,155

78,951

322,531

105,000

144,155

78,951

328,106

Freehold Property was valued on an open market basis basis on 24 February 2015 by the directors .

7.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 March 2024

and 28 February 2025

1

NET BOOK VALUE

At 28 February 2025

1

At 29 February 2024

1

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

77,119

141,129

Amounts owed by group undertakings

247,241

170,699

Other debtors

1,704

2,532

Prepayments and Accrued Income

8,394

7,207

334,458

321,567

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade creditors

171,016

211,089

Tax

17,088

5,364

Social security and other taxes

15,180

11,278

Other creditors

5,018

4,693

Accruals and deferred income

13,212

20,189

Accrued expenses

21,563

17,044

243,077

269,657

10.	LEASING AGREEMENTS

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

28.2.25

29.2.24

£

£

Within one year

36,553

61,534

Between one and five years

-

5,550

36,553

67,084

11.	SECURED DEBTS

Bank loans and overdrafts, with Lloyds Plc, are secured by a debenture including a fixed and floating charge over the assets of the company both present and future dated 13 June 1997.

12.

RESERVES

Revaluation

reserve

£

At 1 March 2024

and 28 February 2025

51,471

13.	CONTINGENT LIABILITIES

There is a cross company guarantee in existence between this company and its subsidiary undertaking, Connoisseur Policies Limited which is limited to £25,000 in favour of National Westminster Bank.

14.	CASH AT BANK

Included in cash balances held by the company, is an amount of £113,925 (2024 - £89,096) which is held on behalf of clients.