Company rnglstration number Oq962841 (England and Wales)
Charity r8gi8trats.on numbèr 801957 (England and Wales)
PREMIERQUOTE LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

PREMIERQUOTE LIMITED
LEGALAND ADMINISTRATIVE INFORMATION
Trustee8
M. WBsenfeld
H. Last
Chlof Exocutlve Officer
H. Last
Socrotary
Joy Green
Charity number
801957
Company number
01952841
Principal addre88
8 Danes¢roft Gardens
London
NW4 2ND
Registered offie8
Hallswelle House
1 Hallswelle Road
London
NW11 ODH
Audltor
Harold Everett Wreford LLP
Hallswelle House
1 Hallswel@ Road
London
NW11 ODH
Bankers
Barclays Bank PLC
Solicitors
Bud8 Nathan hNanier
1-2 Temple Fortune Parad8
Brldge Lane
London
NW11 OQN

PREMIERQUOTE LIMITED
CONTENTS
Page
Trustees, report
Independ8nt auditorfs report
statement of financlal acllvtties
Balance sheel
Statsment of cash flows
Noles to the finan¢lal slalements
9-17

PREMIERQUOTE LIMITED
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Tha trustees pres8nt thelr annual report and financlal stslernents for the ye8r ended 30 September 2024.
The financial statement5 have b@en prepared in accordance wlth the accounllng policies set out In note 2 lo the
financial statements and comply with the charlty's Memorandum and ArtÉcle8 of Association, the Compani6s Act
20C6 and "Accountlng and Reporting by Charilies: Statement of Recommended Practice applicable to charitiés
preparing their accounts in accordan￿ with the Financial Reporting Standard appllcabl8 in the UK and Republic
of Ireland (FRS 102)" (&ffectiv8 January 2019)
Objectlves and actlvltles
The charity's obJect and its principal activity continued to be the advancem8nt of r81igion in accordanc8 With the
Orthodox Jewish Faith and the relief of pov8rty.Tha trustees confirm Ihal they have referred to the guidance
contained in the Charity Commission's general guidance on publlc beneflt when reviewing the charity's aims and
oble¢llves. The pollcies adopted in furtherance of these objects are to distribute thè funds as and wh&n tha
trustees see fit,
Th8 aim of th8 charity is the advancement of the J￿5h Faith.
There has been no change in the policy during the year.
The strat8gi8S 8mployed to achieve the charivs objectives were to provide grants and donations to thos8
organisation51schools who asslst the chatiiy in meeting those aims.
The trustees have paid due regard to guidance Issued by the Charity CommissSon in deddlng what adlvitles the
charity should undertake.
The tharity has managed to achieve its obj8ctives by receiving incomè from its portfollo of Investment propertles
and list8d inv85tments, donations from related party companies detailed in note 20 to these accounts and
int8r8St income from bank deposlts. The trustees, pollcy is to build their assets lo a level whereby the trust
income from their assels can be maxlmised and accrued on a regular, sustainable and increasing level in order
to be able to apply all this income to meet the r8quirements of the charity's objects.
Achlevements and performance
The charity is satisfied wtth ￿t$ overall athievemenls and p8rforrnan￿ during the year and has continued to me8t
ts objedives with regard to the level of donations made during the year to worthwhlle charitable causes.
Financial review
The reserves held at 30 September 2024 show a surplus of £11,010,848 (2023 - £10,508,388). The trustees
have revalued the charity's investment properties in the year ended 30 September 2024 to £9,990,000 <2023 -
£9,600,CQO}. The trnslees are not aware of any materlal Changes since this valuation. Donations from companies
and income arising on Investments were considered reasonable and the trustees feel that the present level of
income is sufficient to permil the chaiity to conlinue in business for the foreseeable fijture.
Reserves polley
It is Ihe policy of the charlty to maintain unreslricted funds, which are the free reserv8s of the charty, at a lev61
which the Iruslees thlnk appropriate, after considering the future commitments of the etharty and the likely
administrative costs of th8 charity for the forthcoming y&ar,
The trustees are confident that there are sufficient fijnds avallable to maSntsin tho running of the charity.
Inveslment policy
Under the Memorandum and Articles of Asso(aalion. the charity has the power lo make any Investment Sn whlch
the charfty seas fit. The trustees consider the return on investment8 to be satisfactory.
Risk Management
Th@ trustees hav& assossed the major risks to which the charity is exposed, in particularthose related to the
operations and finances of the tharfty and are satisfied that systems are in place to mitigate exposure to the
major risk5.

PREMIERQUOTE LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
A remew of the risks the charity may face is carrted out annually. A key element in the management of financial
risk is the setting of a reseThe policy and its regular revlew by the trustees.
Plan for future poriods
The charity intends lo continue making funds available for donation lo the worthy cause it supports for ils
charitable purposes. With this in mind. the trustees and directors are constantly seeking to find means by which
they are able lo increase the lavel of funds the charity is able lo dislribule.
Structure. govemance and management
The charity is a company limited by guarantee, and is therefore governed by ils Memorandum and Articles of
Association.
The trustees, who are also the directots for Ihe purpose of company law, and who served during the year and up
to the date of signature of the financial slaternents were..
M. Wesenfeld
H. Last
New trustees are appointed by the existing Board of Trustees. The charity has the power lo appoint additional
trustees as il considers fil lo do so. Should new trustees be appointed, the Trustees will apply suitable
recruilmenl and training procedures.
The charity is managed by its trustees. The charity is organised so that ils trustees meet regularly lo manage its
affairs. Mr H Last has been appointed by the trustees to manage the day lo day operations of the charity.
There are no restrictions imposed by the goveming dtscumenl concerning the way the charty can operate, other
than that operations must be for the furtherance of the charity's objects.
Statement of Trustees. responslbllltles
The trustees, who are also the d1￿CtorS of Premierquote Limited for the purpose of company law, are responsible
for preparing the Trustees, Report and the financial slalemenls in accordance with applicable law and Ullited
Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Audltor
In accordance with the company's articles, a resolution proposing that Harold Evorett Wreford LLP be
reappointed as auditor of the wmpany will be put at a General Meeting.
Ea¢h of the trustees has confirmed that there is no information of which they are aware which is relevant lo the
audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps lo
identify Such fèlevanl information and lo eslablish that the auditor is aware of such information.
The Trustees, report was approved by the 8oard of Tntstees.
H. Last
Trustee and director
Dated.

PREMIERQUOTE LIMITED
INDEPENDENT AUDITOR'S REPORT
TO THE TRUSTEES OF PREMIERQUOTE LIMITED
Opinion
We hav8 audi18d the financial statements of Premierquote Limited {the 'charity') for the year ended 30 Sepl8mb8r
2024 which comprise the stalement of finanual activiti@s. th8 balance sheet, the statement of cash flows and notes
lo the financial stat8m8nls, including Significant accounting Policies. The financial reportlng framework thal ha5 been
appli8d in their preparation Is applicable law and United Kingdom Accounting Standards, including Financial
Reporting Standard 102 The Financlal Ropothng Standard appliGabl8 In fhe UK and Republic of Ireland (United
Klngdom Generally Accepted A￿OUntIng Prdctice).
In our opinion, the financial statements:
give a Irue and faSr view of the state of the charitable company's affairs as at 30 Sept8mber 2024 and of its
incoming resources and application of resources. forthe year then ended,.
have been properly prepar8d in accordanc8 with Unlled Klngdom Generally Accepted Accounting Practice,.
and
have been prepared in acGordance with the requirements of th8 Companies Act 2006.
Basis for opinlon
We conducted our audit in accordance with InlemalSonal Stsndards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further described in the Aiiditorfs r8sponsibilities ft)r th8 audit of
the financial statements section of our report. We are ind8p8ndent of the charity In accordan¢e wllh the ethical
r8quir8ments that are relevant to our audit of the ffnancial statements in the UK, Including the FRC'S Ethical
standard, and we hav& fulfilled our other ethical responslbllities in accordance with Ihese requirements. We b81ieve
that the audit evidence we have obtslned 15 sufficient and appropriale to provide a basis for our opinion.
Conclusions relating to going concem
In auditing thé financial statements, we have Concluded that the TNstees' us8 of th8 going concern basis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have perform@d, we have not identified any material uncertalntles relaling to even15 or
conditions that, individualty or Collectively, may casl significant doubt on the charity's ability lo continue* as a going
concem for a period of at least twelve months from when the financial statement5 are authorised for issue.
Our r8sponsibililie8 and the responsibilities of the trustees with respect to golng ¢oncern are described in the
relevant sections of this report.
Other information
The other information comprises the information Included in the annual report other than the financial stalernents
and our audttor's report thereon. The trustees are responsible for the other information contained within the annual
report, Our opinion on the financial siatetnents does not COV8r the other informafjon and we do not express any fomi
of assurance conclusion thereon. Our responsibilily is to read the other informatlon and, in doing so, consider
wheth@r tha other information Is materially inconslstent with the financial statsments or our knowledge obtained in
the course of the audit, or olheNise appears to be materially misstat8d. If we id8ntify such material inconsistencies
or apparent material misstatements, we are required to det&miina wh8th8r this gives rise to a material misstatement
in the financial statements themselv8s. If, based on the work wo have performed, we conclude Ihat there is a
material misstatement of this other information, we are required to report that fa¢l.
We have nothing to report In thls regard.
Matters on whlch we are requlred to report by excepllon
We have nothing lo report In respect of the following matters in relation to whlch the Charltles (Accounts and
Reports) Regulations 2008 requires us to report to you if, in our opinion:
Ihe information given in thé financial statements is inconsistent in any material respect with the Trustees,
report. or
sufficient accounting records hav& not been kept., or
the financial statements are not in agreement with the accounting records., or
we have not received all the informatlon and explanations we r8quir8 for our audit.

PREMIERQUOTE LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE TRUSTEES OF PREMIERQUOTE LIMITED
Responslbilitles of trustee8
As explained mor& fully in the stal8ment of Trustees, responsibilities, the trustees. who are also the directors of the
charity for the purp059 of company law, are responsib18 for the preparation of the financial statements and for being
satisfied that they give a true and fair view, and for such intemal control as the trustees determine is necessary to
enable the preparation of financial statéments that are fr8e from malerlal mlsstalement, whether due to fraud or
error. In preparing th8 finan¢lal statem8nts, the trustees are responsSble for assessing the charit￿8 ability to
conllnue as a golng concern, dls¢losing, as appllcable, matters related to going concern and using the going
concern bas1$ of acthunting unless the trustees either intend to liquidate the charitable company or to cease
operations, or have no realistic altemative but tc* do so.
Auditorfs rasponslbllltles for the audlt of the financial statements
We have been appointed as auditor under $8Giion 144 of th8 Charities Act 2011 and report In accordance with the
Acl and relevant regulations made or having 8ff8ct thereunder.
Our objectives are to obtain reasonable assurance about wheth8r th8 financial statements as a whole are free from
material misstatement. wh8ther due to fraud or error, and to issue an auditols report that Includes our opinion.
R8asonable assurance 18 a high level of assurance bul Is not a guarantee that an audit condud8d in accordance
with ISAS (UK) will always detect a materfal mi5Statement wh8n it exists. Mis5talements can aris8 from frnud or
error and are considered material if, individually or in the aggregat8. they could raasonably be expected to influence
the economic decisions of us8rs taken on the basis of these financial statements,
Irregularities, In¢ludlng fraud, are Instances of non-compliance with laws and regulations. We design procedures In
line with our responslbllitles, oullined above, to detect material misstatemants In respect of irregularities, includlng
fraud. The extend to which our procedures are capable of detecting irregularities, including fraud is detailed below..
In identifying and assessjng the risks of material misstatement in respect of irregularities, including fraud and non-
compliance with laws and regulations, we considered the following..
Th8 naknre of the s8Ctor',
Our discusslons with those charged with management and governance including whether they had
knowledge of any actual, suspected or alleged fraud.
Enquires of management, induding obtaining and reviewing supporting documentallon, concerning the
charity's policies and procedures relating to..
identifying, evaluating and complying with laws and regulations and whether
they were aware of any instances of non-complianc&.
detecting and responding to the risk of fraud and wheth8r they have
knowledge of any actual, suspected or alleged fraud,
internal ¢ontrols established to mitigate risks related to fraud or non-
compllance of laws and regulations.
Discussions among the engag8ment team regarding how and where fraud mlght occur in the financlal
stalernents and any potential indicators of fraud. The engagement leam Indud8s audit partner and staff
who have extensive experfen(t of working with charities in similar seclors and this axperienc& w8s relevant
lo the discussions about where fraud risks might arisa.
W@ also obtained an understanding of the legal and regulatory framework that the charity op8rate8 in. focusing on
provlsion of those laws and regulations thal had direct eff8cI on th& determinatlon of malerial amounts and
disclosures in the financlal slatemenls. Th8 key laws and regulations we considered In Ihls context included the UK
Charities Act. Charities SORP and FRS 102.
In addltlon. we considered provlsions of other laws and regulations that do not have a direct offgct on the llnancial
statements but compliance with which may be fundamgnlal to the ¢harftles ability to operate or to avoid a material
penalty.

PREMIERQUOTE LIMITED
INDEPENDENT AUDITOR'S REPORT (CONTINUED>
TO THE TRUSTEES OF PREMIERQUOTE LIMITED
Following our r8Vi8w, we have identFfied the following areas whith are deemed to have the greatest potential for
fraud or material misstatement wtthln the financial statements du8 10 irregularities, including fraud..
The recognltion of rental income from freehold inv8Stm8nt propert18S
Th@ valuation of eslimales in resp8Ct of freèhold invesknent properties
Th8 ownership of freehold Investm8nt propartles
The ownership of financial investments
Grants made during the year
Transactions with related parties
NoTrcomplianc8 with Charlty Commission guidellnes
Our procedures to respond to risks identified above Included the following,,
Incoffle transaction testing was performed to test Completeness of income. This included agreeing rental Income to
leas8s in r8spect of fraohold Investment properties. INhere there wa5 a period of no income in respect of freehold
investment properties, we referred lo Trustee5 Board minutes to justify the reason for this.
Wa tastsd the valuation of estimatss in respect of freehold investment properties by reviewing and lestlng
procedur&s und@rtak8n by the trusteeldlrector to update this valuation including consideration of the use of an
expert by comparing similar propertles In the same area.
W8 verified the ownership of th8 investm8nt properties to the land registry searche5.
Reviewing supporting documentation for grants made during Ihe y8ar, ensuring the purpose of grant is in line with
the charily's objedive.
Oblained a full list of related parties and verifying completeness of thls Ilst based on our knowledge.
Perfomiing analytical prO￿dureS to identify any unusual or unexpected relationships what may indicate risk8 of
material misstatements due to fraud.
We remained alert to any indicatlons of fraud, malerfal misststement or non-complian￿ with laws and regulations
throughout the audit induding those relating to financial stslements.
Awareness throughout the audit for noTrcompliance with Charity Commission guidelines including reviewing any
correspondènce with the Charity Commission.
A further description of our responsibilities is available on the Financial Reporting Council's website at: https:11
www.frc.org.ukjauditorsresponsibililies. This description fomis part of our auditorfs report.
Use of our report
This report is made solely to the charity's trustees, as 8 body, in accordanc8 with Part 4 of the Charities {Accounts
and Reports) Regulations 2008. Our audit work has been undertaken so thal we might state to the charity's trustees
those matters we are required to slate to them in an auditor's r@port and for no other purpose. To the fullest extent
permitted by law, we do not ac￿p1 or assume re8ponsibilily to anyon8 othar than the charity and the ¢harlty's
trustee8 as a body, for our audit work, for this report, or for the opinions we have fonned.
D J S¢ott (Senlor Statutory Auditorl
for and on bbhalf of Harold Everett Wreford LLP
17 December 2025
Chartered Accountants
Statutory Auditor
Hallswelle House
1 Hallswelle Road
London
NW11 ODH
Harold Everett Wreford LLP is eiigible for appointment as audrtor of the charity by virtue of its eligibility for
appointment a5 auditor of a company under section 1212 of th8 Companies Act 2006.

PREMIERQUOTE LIMITED
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Unrestrlct8d Unregtrlcted
funds
fund8
2024
2023
Notes
Income and endowments from:
Donations and legacies
Invesbnent income
Other incomo
40,000
70,000
1,242,920 1,364,644
31,637
Total Income
1,314.557 1,434,644
enditure on:
Raising funds
175,865
202,547
Charitab18 adivitif*S
1.069.085 1,082,589
Other expenditure
15
1,132
320
Total expenditure
1.246,082 1,285,456
Net gainsl{losses) on investments
13
432,383
(367,969)
Net incomin￿(outgolngI ￿sOurceS before transfers
500,858
(218,781)
Gross transfers be￿88n funds
1,602
8,165
Net movement in funds
502,460
P10,616)
Fund balances at 2 October 2023
10,508,388 10,719,004
Fund balances at 30 September 2024
11.010,848 10,508,388
The statement of financial aclivilies includes all gains and losses recognised in the year.
The stalemenl of financial activitles includes all gain5 and losses recognised in the year. All Income and expendSture
derive from contlnuing activitie5.
The statement of flnanclal a¢llvities also complies with the requirèments for an income and expenditure account
under the Companies A¢t 21Kl6.

PREMIERQUOTE LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2024
2024
Fixed assets
Investment property
Investments
Notes
2023
16
17
9.990,000
332.221
9,600,000
261.249
Current assets
Debtors
Cash at bank and in hand
10,322.221
9,861,249
18
436,129
394,853
746.090
78.693
Creditor5: amounts falllng due wlthin
one year
830.982
19
824.783
(142.355)
(177,644)
Net current assets
688,827
647,139
Total assets less current liabilities
11,010,848
10,508,388
The funds of the charity
Unrestricted funds
20
11,010.848
10,508,388
11,010.848
10,508,388
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006
with respect lo accounting records and the preparation of financial statements.
These financial slatements have been prepared in accordance with the provisions applicable to companies subjecl
lo the small companies regime.
The financial statements were approved by the trustees on 15 December 2025
H. Last
rrustee and director

PREMIERQUOTE LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
2024
2023
Noto$
Cash flows from operdting a¢llvltie$
Cash absorbed by operations
23
{1.095,171)
(1,329,976)
Investlng acthitles
Repayment of loans
Purchase of investments
Proceeds from disposal of Investments
Investment income received
197,000
{54,088)
25,499
1,242,920
{275,7841
<25,8131
43,243
1,364,644
Nel cash generated from Investlng a¢tlvltles
1,411,331
1.106,290
Financing activities
Repaym8nl of bank loans
(37,500)
Nel cash used in financing activities
(37.500)
Net in¢reasel(decrease) In cash and cash
equfvalents
316,180
1261.188)
Cash and cash equivalent8 at beginning of year
78,693
339,879
Cash and cash equivalents at end of year
394,853
78.693

PREMIERQUOTE LIMITED
STATEMENT OF CASH FLOWS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Crltlcal a¢counllng estimates and Judgement8
In the application of the charity's accounting policles, the truslees are required to make judg&ment$, &slimales
and assumptions about the carrylng amount of assels and liabilities that are not readily apparent from oth8r
sources. The estimates and associated assumptions are based on historical experlen¢e and other factors that
are considered lo be relevant. Actual r8sulls may dlffer from thes8 estimates.
The estimates and underlying assumpb'on5 are revlewed on an ongoing basis. Revisions to accounting
estlmates are recognised in the period in which the eslimat8 is r@Vlsed wh&re the revision affects only that
perlod, or in the period of the revision and future periods wh8ro th8 revision affects both ourrent and future
periods. The main ar8a of uncertainly is th@ valuation of Investment properties.
Accountlng policies
Company information
Premi8rquote Limited Is a private company Ilmlted by guarantee incorporated in England and Wal8s. The
registered Offi￿ is Hallswelle House, 1 Hallsw&lla Road. London, NW11 ODH.
2.1 Accounting convention
The accounts have been prepared in accordance with the charivs Memorandum and Arttcl8s of Association,
the Companies Act 2006 ar)d Accounting and Reporting by Ch817tie8: Statem8nl of R8commended Practice
applicable to charities preparing their accounts in accordan￿ wtth the Financial Reporting Standard
applicabl8 in the UK and Republic of Ireland (FRS 102)" (as amended for accounting periods commencing
from 1 January 2016). The charlty is a Public Benefit Entiiy as defined by FRS 1D2.
The financial statements are preparad in sterling, whickn is th8 functional currency of the charily. Monetary
amounts in these financial statements ar& n)unded to the nearest £.
The financial statements have been prepared under the historic81 cost convention, modified to includè the
revaluation of freehold properties and lo include inv8stment properties and certaln financial instruments at fair
value. The principal accounting polici8s adoptéd are set out below.
2.2 Golng concem
At the time of approving the financial statements. the twstees have a reasonable expectation that the charily
has adequate resources to continua in operational existence for the foreseeable future. Thus the trustees
continue to adopt the going concern basls of accounting in preparing the financial statement8.
2.3 Charitable funds
Unrestricted funds are available for use at the discretion of the tNstees in furtherance of their charitable
objectlves.
2A Incoming resources
Income is recognised when the charity 18 legally entitled to it after any perfonnanc8 conditions have been met,
the amounts C8n be measured reliably, and St is probable that income wlll be received,
Cash donations are re¢ogDised on receipt. Oth8r donations are recognised once the charity has been notified
of the donation, unless p8rformance condltions require deferral of the amount.
Investment income is measured at the fair value of the consideration rec8iV8d or receivable and represents
amounts receivable from the letting of investment properties. interest from bank deposit account and Interest
from loan to connected undertaklng net of discounls, and VAT. Under operating lease agreements when the
tmstees provide incentives to its tenants, the cost of th6 inc8nlives is recogni8ed over Ihe18as8 t8rm, on a
slraight line basis, as a reduction in rental income.

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policies
Icontlnued)
2.5 Resources expended
Expendllure 1$ recognised when a liablllly Is Incurred.
Expendlture whlch is dir8cty attributable to specific activities has been included in these categories.
Expendlture dlredy related to investment properties has been shown separa181y in the Statement of Financlal
of financial activities under the heading 'Raising funds,.
Charitable activities include expenditure of grants made for the advancement of religion in accordance wlth
the Orthodox Jewish Faith and the rellef of poverty.
2.6 Investment properties
Investment prop8rty. which is propety held to eam rentals andlor for capital appreciation. is initially
re¢ognlsed at cost. which includes the purchase cost and any directly attributable expenditure. Subsequently
il is measured at fair value at the rep)rting end dalè. The surplus or d8ficit on revaluation is recognlsed In
profit or loss.
2.7 Flxed asset Investments
Fixed ass6t inv8Stm8nts are initially measured at transactlon price excluding transaction costs, and are
subsequ8ntly measur8d al falr value at each reporting date. Changes in fair value are recognis8d in n81
In¢omel(expenditure) for the year. Transaction costs are exp6ns8d as incurrBd.
2￿ Cash and cash equivalent8
Cash and cash aquivalents Include cash in hand, deposi15 held at call with banks, oth&r short-t8rm liquid
Investments wtth original maturitles of three months or less. and bank overdrafts. B8nk overdrafts ar8 shown
wlthln borrowings in current liabilitias.
2.9 Flnanclal Instruments
The charity has elected lo apply the provisions of S￿lI0n 11 'Basic Financial Instruments, and Section 12
'Other Finanual Instrumenls Issues, Df FRS 102 to all of its financial Instruments.
Financial instruments are recognised in the Charity's balance sheel when the ¢harty becomes party to the
contractual provisions of the Instwmenl,
Financial assets and liabiliti@s are offset, wlih the n8t amounts presented in the financial statements, when
there is a legally enforceable right to set off the recognised amounts and there is an int8ntion to settle on a net
basis or lo realise the asset and settle the liability simultaneously.
Basic financlal assets
BasiG financial assels. which include debtors and cash and bank balances, ar8 initially measured at
transaction price including transaction costs and ar8 subsequently cathed at amortised cost using the effective
interest method unless tha arrangement constitut8s a financlng transaction, where the transaction Is
maasured at the present value of the future receipts discounled at a market rate of interest. Financial assets
classlfied as receivable within one year are not amortised.
10-

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Accounting policlos
{Continuodl
Bas1¢ flnan¢ial liabilities
Basic financial Itabilitie8. including cr8ditotE and bank loans are initialty re¢ognlsed at transactlon prfce unles5
th8 arrang8m8nt constitutes a financing transaction. where the debt instrument is measured at the present
valu8 of the futur@ payments dlscounted at a markol rats of interest. Financial liabilities classified as payable
wllhln one year are not amortlsed.
Debt instrum8nls ar8 subsequently carried at amortlsed cost, using the effective Interest rats method,
Trade creditors are obligations to pay for goods or services that have been acqulred in the ordlnary course of
operatlons from suppliers. Amounts payable are classified as current liabilllles If payment Is due wllhln one
year or less. If nol, th6y are presented as non-curr8nt liabilllies. Trade creditors are recognised initially al
transaction price and subsequently measured at amortised cost usSng the effective interest method.
Derecognition of financialjiabilities
Financial liabilili@s are dere¢ognised when the charft￿$ contractual obligations expire or are dischargéd or
cancelled.
2.10 Funds structure
All funds h81d ar8 unréstrlcted Income funds.
Income from donations and legacie8
Unre3tricted
funds
2024
Unrestricted
funds
2023
Donations and gifts
40,000
70,000
Income from Invesknents
Unrestrlcted Unrestrlcted
funds
funds
2024
2023
Rental income
Income from1Sst¥d investments
Interest receivabl8
1,200,792
9,896
32,232
1,328,586
8,344
29,714
1,242,920
1,364,644
Investment income arises from Investment assets held in the UK.
11

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Othor income
2024
2023
Other income
31,637
Expondlturo on raising funds
Unrestrleted Unre8trletèd
fund8
funds
2024
2023
Trading costs
Other trading activities
staff costs
164,632
11,233
193.196
9,351
175,865
202.547
Charitable activities
2024
2023
Granl fijnding of aclivlties {see note 10)
Govemance costs (see note 8)
1,053,583
15,502
1,066,829
15,760
1,C69,085
1,082.589
Support costs allocated to activities
Total
2024
Total
2023
Governance
15,502
15.760
12-

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
Support costs allocated to actlvltles
{Contlnued)
2024
2023
Goveman¢g cosls comprise:
Audlt fees
Bookkeeplng fees
Bank charges
13,000
2,400
102
12,000
2,400
1,360
15,502
15,760
Net movomont In funds
2024
2023
The net movement in funds is stated after chargingl{crediting)'.
F888 payab18 for the audlt of the charity's financlal statements
13,000
12,(M)O
10 Grants payable
Grants are payable In furtherance of the charity's objectives and are d8tai18d in a separate publl¢atlon which
is available from the Registered Dffice address.
11 Trustees
None of the truste@s lor any persons connected wlth them) received any remuneration during the year. Th
trustees were not paid or reimbursed for expenses during the year.
12 Employees
2024
Number
2023
Number
Employmont costs
2024
2023
Wages and salaries
11,233
9,351
Therè wéra no èmployees whose annual remuneration was more than £60.000.
13-

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
q3 Gains and108sgs on Investments
Unrnstricted Unrestricted
fund$
funds
2024
2023
Gainsl{losses) arislng on,,
Revaluation of investments
432,383
1367,969>
14 Taxation
The Gharily Is exempt from taxation on Its activities because all Its income is applied for charitable purposes.
15 Othor gxponditurn
2024
2023
Financing costs
1,132
320
Flnanclng costs represents interest paid on Boun￿ Ba¢k Loan scheme.
16 Invo8tmont proporty
2024
Fair value
At 2 October 2023
Net gains or losses through fair value adjustments
9,800,000
390,000
At 30 SoPt6mber 2024
9,990,000
Inveslrnent properties comprise fraehold and long leasehold properlles. The fair value of the investment
Proper￿eS al 30 Septsmber 2024 is £9,990,000 (2023 - £9,600,000) and has been arrived at on the basis of a
valuation Carrled out at this date by H. Last, a truslee who is nol a professionally qualified valuer. The
valuation was arrived al by r8ference to market evidence of transaction prices for similar propertiès in its
localion and tskes into account tha state of the rental market in thg area whgre the property is situated.
14-

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
17 Fixed assot Inveslments
Llsted
Investsnents
Cost or valuation
At 2 October 2023 & 30 September 2024
261,249
Carrylng amount
At 30 Sepiember 2024
261.249
At 01 October 2023
261.249
18 Debtors
2024
2023
Amounts falllng due within one year:
Other debtors
Prepayments and accru8d income
416,166
19,963
613,449
132,641
426,129
746.09D
other debtors held by the charlly as at 30 September 2024 includes a bridging loan of £323,000 (2023
£520,000) given to third parties which was repaid in full tog8ther with th8 inter@st after the year end.
19 Credltors: amounts falllng due withln one year
2024
2023
Other taxatlon and social securily
Other ¢redStors
Accruals and deferred income
22,871
(1 CI,009)
129,493
27,680
12,051
137,913
142.355
177,644
20 Unrgstrictgd funds
The unrestTiCted funds of the charity comprise the unexpended balan¢e$ of donatlons and grants which are
nol subject to specifi¢ conditions by donors and grantors as to how they may be used. These include
designated fijnds which have been set aside out of unrestricled fund8 by the trustees for spacific purposes.
At 2 Octobèr
2023
Incoming Resources
resourGes
expended
Transfers
Gains and
losses
At30
Septembor
2024
General funds
10.508,388
1,314,557
<1,246,082)
1,602
432,383
11,010,848
15-

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
20 Unrestrlcted funds
(Conllnued
Prevlous yoar: At 2 October
2022
Incomlng
reSoUr￿S
Resourc88
expendod
Transfer8
Gains and At 1 October
losses
2023
General funds
10,719,004
1,434,644
(1,285,456)
8,185
1367,969) 10,508,388

PREMIERQUOTE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
21 Related party trnnsactions
Transactions viith rnlated partles
DuTing the year the charity charg8d interest of £5,722 (2023 - £4,797) on a loan to Clalmworth Limited,
registered UK ¢hartty. The loan is repayable on demand. The amount of loan outstanding al the balance sheet
date included In debtors was £80,000 {2023- £80,0(X)l and accrued loan Interest included In debtors was
£16,674 (2023- £10,952). H Last is the trustee and the director of both the charities,
During the year the charity paid rent and service d)arges of £0 (2023 - £11,000) to Findlay Inveslm8nts
Limit8d. 8 company in which H. Last, the trustee is also a director. At the year end the charlty owed £65,913
(2023 - £65,913) to Findlay Investments Limited.
During the year the Charity receiv8d donations of £40,000 (2023 - £70,000) from Debenet Limited, a company
in which H. Last, the trust8e is also a director,
22 Analysls of Changes In net funds
The charity had no material debt during the year.
23 Cash generated from operations
2024
2023
Surplusl(d8ft¢it) for the year
502,460
1210,616)
Adjustments for..
Investment income recognised in statement of financial activities
Falr value gains and losses on investm&nts
{1,242,920) (1,364,644)
(432,383)
367,969
Mov8rn8nts in working capital:
Decrease in deblors
(Decrease) in credliors
112,961
(35,289)
158,344
(281.0291
Cash absoybod by operations
(1,095,171) (1,329,976)
17-