Strategic Staffing Solutions UK Limited 05292825 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is that of temporary employment agency activities. Digita Accounts Production Advanced 6.30.9574.0 true true 05292825 2023-01-01 2023-12-31 05292825 2023-12-31 05292825 core:CurrentFinancialInstruments 2023-12-31 05292825 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 05292825 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2023-12-31 05292825 bus:SmallEntities 2023-01-01 2023-12-31 05292825 bus:Audited 2023-01-01 2023-12-31 05292825 bus:FilletedAccounts 2023-01-01 2023-12-31 05292825 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 05292825 bus:RegisteredOffice 2023-01-01 2023-12-31 05292825 bus:Director3 2023-01-01 2023-12-31 05292825 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 05292825 countries:EnglandWales 2023-01-01 2023-12-31 05292825 2022-01-01 2022-12-31 05292825 2022-12-31 05292825 core:CurrentFinancialInstruments 2022-12-31 05292825 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 05292825 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 05292825

Strategic Staffing Solutions UK Limited

Filleted Financial Statements

for the Year Ended 31 December 2023

 

Strategic Staffing Solutions UK Limited

Contents

Balance Sheet

1

Notes to the Financial Statements

2 to 4

 

Strategic Staffing Solutions UK Limited

(Registration number: 05292825)
Balance Sheet as at 31 December 2023

Note

2023
£

(As restated)

2022
£

Current assets

 

Debtors

4

102,420

48,111

Cash at bank and in hand

 

26,943

17,902

 

129,363

66,013

Creditors: Amounts falling due within one year

5

(143,399)

(18,867)

Net (liabilities)/assets

 

(14,036)

47,146

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(14,037)

47,145

Shareholders' (deficit)/funds

 

(14,036)

47,146

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 2 October 2024 and signed on its behalf by:
 

.........................................
C J Pasky
Director

 

Strategic Staffing Solutions UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis. The company is loss making however appropriate group support is in place to enable the company to continue trading for a period of at least 12 months and therefore the going concern basis is considered by the directors to be appropriate.

Audit report

The Independent Auditor's Report was unqualified. The name of the Senior Statutory Auditor who signed the audit report on 4 October 2024 was Dean Blunden BFP FCA, who signed for and on behalf of UHY Ross Brooke.

Prior period adjustments

An adjustment has been made to the profit and loss account for year ended 31 December 2022 to reclassify £50,492 of agency costs previously shown in cost of sales to administrative expenditure. The prior period profit figure is unaffected by this change.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

 

Strategic Staffing Solutions UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

4

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

89,690

27,039

Amounts owed by group undertakings

6

10,532

11,868

Other debtors

 

2,198

9,204

   

102,420

48,111

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Trade creditors

 

13,798

10,379

Amounts owed to group undertakings

6

116,373

1,988

Other creditors

 

13,228

6,500

 

143,399

18,867

6

Related party transactions

Income and receivables from related parties

 

Strategic Staffing Solutions UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2023

2023

Entities with joint control or significant influence
£

Amounts receivable from related party

10,532

2022

Entities with joint control or significant influence
£

Amounts receivable from related party

11,868

Expenditure with and payables to related parties

2023

Entities with joint control or significant influence
£

Amounts payable to related party

116,373

2022

Entities with joint control or significant influence
£

Amounts payable to related party

1,988