JRP Underwriting Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07084429 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2018

FOR

JRP UNDERWRITING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Phillips

D Rose

D J Ezzard

REGISTERED OFFICE:

828/832 Lloyd's Building

One Lime Street

City

London

EC3M 7DQ

REGISTERED NUMBER:

07084429 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Plaza Building

Lee High Road

Lewisham

London

SE13 5PT

FIXED ASSETS

Tangible assets

3

-

9,347

CURRENT ASSETS

Debtors

4

115,205

155,215

Cash at bank and in hand

3,008,934

3,412,901

3,124,139

3,568,116

CREDITORS

Amounts falling due within one year

5

1,950,588

2,403,912

NET CURRENT ASSETS

1,173,551

1,164,204

TOTAL ASSETS LESS CURRENT LIABILITIES

1,173,551

1,173,551

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,172,551

1,172,551

SHAREHOLDERS' FUNDS

1,173,551

1,173,551

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 31 May 2019 and were signed on its behalf by:

D J Phillips - Director

D J Ezzard - Director

1.	STATUTORY INFORMATION

JRP 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.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2018

16,345

46,303

62,648

Disposals

(16,345

)

(46,303

)

(62,648

)

At 31 December 2018

-

-

-

DEPRECIATION

At 1 January 2018

14,196

39,105

53,301

Eliminated on disposal

(14,196

)

(39,105

)

(53,301

)

At 31 December 2018

-

-

-

NET BOOK VALUE

At 31 December 2018

-

-

-

At 31 December 2017

2,149

7,198

9,347

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Other debtors

115,205

155,215

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Amounts owed to group undertakings

1,368,837

1,698,598

Other creditors

581,751

704,558

Accrued expenses

-

756

1,950,588

2,403,912

6.	ULTIMATE CONTROLLING PARTY

The controlling party is JRP Insurance Management Ltd.