Company No: 02586372 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	A Brownsell
	J Hucks
	A Hucks
	A Pilgrim

SECRETARY

J Hucks

REGISTERED OFFICE	Dovetail House
	Wycombe Road
	Stokenchurch
	Bucks
	England
	HP14 3RQ
	United Kingdom

COMPANY NUMBER

02586372 (England and Wales)

ACCOUNTANT	S&W Partners (Thames Valley) Limited
	22 Wycombe End
	Beaconsfield
	Buckinghamshire
	HP9 1NB

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	88,002		80,002
Tangible assets	4	42,938		47,425
Investments	5	0		1,000
		130,940		128,427
Current assets
Debtors	6	1,192,453		645,113
Cash at bank and in hand		559,228		838,885
		1,751,681		1,483,998
Creditors: amounts falling due within one year	7	( 374,570)		( 219,045)
Net current assets		1,377,111		1,264,953
Total assets less current liabilities		1,508,051		1,393,380
Creditors: amounts falling due after more than one year		( 31,199)		( 9,746)
Net assets		1,476,852		1,383,634
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		1,476,752		1,383,534
Total shareholders' funds		1,476,852		1,383,634

For the financial year ending 28 February 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Starpeak Insurance Solutions Limited (registered number: 02586372) were approved and authorised for issue by the Board of Directors on 15 November 2025. They were signed on its behalf by:

J Hucks Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Starpeak Insurance Solutions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Dovetail House, Wycombe Road, Stokenchurch, Bucks, England, HP14 3RQ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The functional currency of Starpeak Insurance Solutions Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.

These financial statements are separate financial statements.

Turnover

Turnover is measured at the fair value of the invoiced amounts received or receivable for the intermediation of insurance services in the normal course of business, and is shown net of discounts and IPT. Revenue is recognised at the time of invoice.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Intangible assets

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated. Development costs represent costs incurred designing and producing software for commercial use.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Other intangible assets

5 years straight line

Research and development

Research expenditure is written off as incurred. Development expenditure is also written off, except where the directors are satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is capitalised as an intangible asset and amortised over the period during which the Company is expected to benefit.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	5 years straight line
Plant and machinery etc.	2 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Financial instruments

The company has elected to apply the provisions of Section 11 ”Basic Financial Instruments” to all of its financial instruments.

Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	31		27

3. Intangible assets

	Other intangible assets		Total
	£		£
Cost
At 29 February 2024	558,605		558,605
Additions	50,000		50,000
At 28 February 2025	608,605		608,605
Accumulated amortisation
At 29 February 2024	478,603		478,603
Charge for the financial year	42,000		42,000
At 28 February 2025	520,603		520,603
Net book value
At 28 February 2025	88,002		88,002
At 28 February 2024	80,002		80,002

4. Tangible assets

	Land and buildings		Plant and machinery etc.		Total
	£		£		£
Cost
At 29 February 2024	106,217		40,416		146,633
Additions	10,471		15,415		25,887
At 28 February 2025	116,688		55,831		172,519
Accumulated depreciation
At 29 February 2024	69,117		30,091		99,208
Charge for the financial year	22,206		8,167		30,373
At 28 February 2025	91,323		38,258		129,581
Net book value
At 28 February 2025	25,365		17,573		42,938
At 28 February 2024	37,100		10,325		47,425

5. Fixed asset investments

	2025		2024
	£		£
Subsidiary undertakings	0		1,000

Investments in subsidiaries

	2025
	£
Cost
At 29 February 2024	1,000
At 28 February 2025	1,000
Provisions for impairment
At 29 February 2024	0
Impairment	1,000
At 28 February 2025	1,000
Carrying value at 28 February 2025	0
Carrying value at 28 February 2024	1,000

6. Debtors

	2025		2024
	£		£
Other debtors	1,192,453		645,113

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	48,481		23,603
Trade creditors	136,460		125,541
Taxation and social security	171,359		60,290
Other creditors	18,270		9,611
	374,570		219,045

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
within one year	63,300		63,300
between one and five years	253,200		253,200
after five years	15,825		79,125
Total future minimum lease payments under non-cancellable operating leases	332,325		395,625