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REGISTERED NUMBER: 06824740 (England and Wales)














Financial Statements for the Year Ended 28 February 2024

for

Finance Staffing Solutions Limited

Finance Staffing Solutions Limited (Registered number: 06824740)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

Finance Staffing Solutions Limited

Company Information
for the Year Ended 28 February 2024







DIRECTOR: Mr P Gladstone





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 06824740 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Finance Staffing Solutions Limited (Registered number: 06824740)

Statement of Financial Position
28 February 2024

28.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 6,020 3,129

CURRENT ASSETS
Inventories - 12,000
Debtors 5 490 20,446
Cash at bank 1,347 4,227
1,837 36,673
CREDITORS
Amounts falling due within one year 6 43,897 11,046
NET CURRENT (LIABILITIES)/ASSETS (42,060 ) 25,627
TOTAL ASSETS LESS CURRENT LIABILITIES (36,040 ) 28,756

CREDITORS
Amounts falling due after more than one
year

7

21,328

24,216
NET (LIABILITIES)/ASSETS (57,368 ) 4,540

CAPITAL AND RESERVES
Called up share capital 8 45,002 45,002
Retained earnings (102,370 ) (40,462 )
SHAREHOLDERS' FUNDS (57,368 ) 4,540

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Finance Staffing Solutions Limited (Registered number: 06824740)

Statement of Financial Position - continued
28 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 November 2024 and were signed by:





Mr P Gladstone - Director


Finance Staffing Solutions Limited (Registered number: 06824740)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Finance Staffing Solutions 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.

Turnover
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing inventories to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Finance Staffing Solutions Limited (Registered number: 06824740)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 458 1,193 7,302 8,953
Additions - - 4,699 4,699
At 28 February 2024 458 1,193 12,001 13,652
DEPRECIATION
At 1 March 2023 127 537 5,160 5,824
Charge for year - 98 1,710 1,808
At 28 February 2024 127 635 6,870 7,632
NET BOOK VALUE
At 28 February 2024 331 558 5,131 6,020
At 28 February 2023 331 656 2,142 3,129

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Other debtors 490 20,446

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£    £   
Bank loans and overdrafts 4,062 3,544
Amounts owed to group undertakings 400 400
Taxation and social security - 7,562
Other creditors 39,435 (460 )
43,897 11,046

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.24 28.2.23
£    £   
Bank loans 21,328 24,216

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.24 28.2.23
value: £    £   
45,002 Ordinary £1 45,002 45,002

Finance Staffing Solutions Limited (Registered number: 06824740)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

9. RELATED PARTY DISCLOSURES

The Director Mr P Gladstone is considered to be the key management personnel.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Finance Staffing Solutions Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Finance Staffing Solutions Limited for the year ended 28 February 2024 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Finance Staffing Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Finance Staffing Solutions Limited and state those matters that we have agreed to state to the director of Finance Staffing Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Finance Staffing Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Finance Staffing Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Finance Staffing Solutions Limited. You consider that Finance Staffing Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Finance Staffing Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY


Date: .............................................