Jrp Insurance Management Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06771814 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2016

FOR

JRP INSURANCE MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D J Phillips

D Rose

REGISTERED OFFICE:

Suite 828/832

Lloyd's Building

One Lime Street

London

EC3M 7DA

REGISTERED NUMBER:

06771814 (England and Wales)

ACCOUNTANTS:

Andrew Cross & Co.

Plaza Building

Lee High Road

Lewisham

London

SE13 5PT

CURRENT ASSETS

Debtors

5

3,767,045

Investments

6

1,000

Cash at bank and in hand

3,388,192

7,156,237

CREDITORS

Amounts falling due within one year

7

4,031,697

NET CURRENT ASSETS

3,124,540

TOTAL ASSETS LESS CURRENT LIABILITIES

3,124,540

CAPITAL AND RESERVES

Called up share capital

8

222

Retained earnings

9

3,124,318

SHAREHOLDERS' FUNDS

3,124,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 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 16 September 2017 and were signed on its behalf by:

D J Phillips - Director

1.	STATUTORY INFORMATION

Jrp Insurance Management 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding

discounts, rebates, value added tax and other sales taxes.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 .

4.	FIXED ASSET INVESTMENTS

The company's investments at the Balance Sheet date in the share capital of companies include the

following:

JRP Underwriting Ltd

Registered office:

Nature of business: Insurance commissions

%

Class of shares:

holding

Ordinary

100.00

2016

£

£

Aggregate capital and reserves

1,250,258

1,550,477

Profit for the year

3,199,781

309,425

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

425,340

Amounts owed by group undertakings

3,094,508

Other debtors

247,197

3,767,045

6.	CURRENT ASSET INVESTMENTS

£

Shares in group undertakings

1,000

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Payments on account

826,954

Taxation and social security

45,126

Other creditors

3,159,617

4,031,697

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

10

Ordinary

£1

222

9.

RESERVES

Retained

earnings

£

At 1 January 2016

(7,805

)

Profit for the year

3,132,123

At 31 December 2016

3,124,318

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2016:

£

D J Phillips

Balance outstanding at start of year

-

Amounts advanced

3,100

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

3,100

11.	ULTIMATE CONTROLLING PARTY

The controlling party is D J Phillips.