Connoisseur Policies Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03174402 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Connoisseur Policies 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:

03174402 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

212,101

2,878

212,101

2,878

CURRENT ASSETS

Debtors

6

840,416

753,082

Prepayments and accrued income

3,974

1,514

Cash at bank

7

960,386

822,419

1,804,776

1,577,015

CREDITORS

Amounts falling due within one year

8

1,648,374

1,487,228

NET CURRENT ASSETS

156,402

89,787

TOTAL ASSETS LESS CURRENT
LIABILITIES

368,503

92,665

PROVISIONS FOR LIABILITIES

32,835

-

NET ASSETS

335,668

92,665

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

335,667

92,664

SHAREHOLDERS' FUNDS

335,668

92,665

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

Connoisseur Policies 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.

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

Brokerage for underwriting is taken as income to the profit and loss account to reflect the performance under contract 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 nil years.

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

-

25% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 March 2024

and 28 February 2025

34,464

AMORTISATION

At 1 March 2024

and 28 February 2025

34,464

NET BOOK VALUE

At 28 February 2025

-

At 29 February 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Short

to

and

Computer

leasehold

property

fittings

equipment

Totals

£

COST

At 1 March 2024

-

37,368

Additions

6,455

143,622

57,863

3,198

211,138

At 28 February 2025

6,455

143,622

57,863

40,566

248,506

DEPRECIATION

At 1 March 2024

-

34,490

Charge for year

-

1,915

At 28 February 2025

-

36,405

NET BOOK VALUE

At 28 February 2025

6,455

143,622

57,863

4,161

212,101

At 29 February 2024

-

2,878

6.

DEBTORS

28.2.25

29.2.24

£

Amounts falling due within one year:

Trade debtors

818,166

753,082

28.2.25

29.2.24

£

Amounts falling due after more than one year:

Other debtors

22,250

-

Aggregate amounts

840,416

753,082

7.	CASH AT BANK

Included in the cash at bank figure is £566,089 (2024: £553,032) held in Insurer Trust Accounts.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

Trade creditors

1,145,005

1,086,877

Amounts owed to group undertakings

247,241

170,699

Tax

53,524

13,421

Accruals and deferred income

202,604

216,231

1,648,374

1,487,228

9.	CONTINGENT LIABILITIES

There is a cross company guarantee in existence between this company and its holding company, Anthony Wakefield and Company Limited which is limited to £25,000 in favour of National Westminster Bank.