East Pennine Insurance Consultants Limited Filleted accounts for Companies House (small and micro)
East Pennine Insurance Consultants Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
6973476
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Statement of Financial Position |
2021 |
2020 |
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Note |
£ |
£ |
£ |
Fixed assets
Investments |
7 |
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Current assets
Debtors |
8 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
9 |
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--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Capital and reserves
Called up share capital |
10 |
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Capital redemption reserve |
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Profit and loss account |
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--------- |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
28 February 2022
, and are signed on behalf of the board by:
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Director |
Company registration number:
6973476
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Notes to the Financial Statements |
Year ended 31 July 2021
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12A-16 North Street, Wetherby, LS22 6NN.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Judgements and key sources of estimation uncertainty
Revenue recognition
Income tax
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:
Goodwill |
- |
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If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Equipment |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Impairment of fixed assets
Government grants
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
10
(2020:
10
).
5.
Intangible assets
Goodwill |
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£ |
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Cost |
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At 1 August 2020 and 31 July 2021 |
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--------- |
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Amortisation |
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At 1 August 2020 and 31 July 2021 |
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--------- |
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Carrying amount |
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At 31 July 2021 |
– |
--------- |
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At 31 July 2020 |
– |
--------- |
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6.
Tangible assets
Equipment |
Total |
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£ |
£ |
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Cost |
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At 1 August 2020 and 31 July 2021 |
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-------- |
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Depreciation |
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At 1 August 2020 and 31 July 2021 |
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-------- |
-------- |
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Carrying amount |
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At 31 July 2021 |
– |
– |
-------- |
-------- |
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At 31 July 2020 |
– |
– |
-------- |
-------- |
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7.
Investments
Shares in group undertakings |
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£ |
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Cost |
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At 1 August 2020 and 31 July 2021 |
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------- |
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Impairment |
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At 1 August 2020 and 31 July 2021 |
– |
------- |
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Carrying amount |
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At 31 July 2021 |
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------- |
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At 31 July 2020 |
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The company owns 100% of the issued share capital of the companies listed below,
North East Insurance Brokers Limited
(dormant)
8.
Debtors
2021 |
2020 |
|
£ |
£ |
|
Trade debtors |
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Amounts owed by group undertakings and undertakings in which the company has a participating interest |
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Other debtors |
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9.
Creditors:
amounts falling due within one year
2021 |
2020 |
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£ |
£ |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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-------- |
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10.
Called up share capital
Issued, called up and fully paid
2021 |
2020 |
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No. |
£ |
No. |
£ |
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9,846 |
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9,846 |
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11.
Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2021 |
2020 |
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£ |
£ |
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Later than 1 year and not later than 5 years |
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12.
Controlling party
The company is a wholly owned subsidiary of
East Pennine Holdings Limited
. The address of that company's registered office is 12A-16 North Street, Wetherby LS22 6NN.