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REGISTERED NUMBER: 04136410 (England and Wales)















Profile Resourcing Limited

Unaudited Financial Statements for the Year Ended 30th June 2024






Profile Resourcing Limited (Registered number: 04136410)






Contents of the Financial Statements
for the Year Ended 30th June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Profile Resourcing Limited

Company Information
for the Year Ended 30th June 2024







DIRECTORS: Mrs S L Setterfield
A F Setterfield





REGISTERED OFFICE: Investment House
24 Vicarage Road
Winslow
Buckinghamshire
MK18 3BE





REGISTERED NUMBER: 04136410 (England and Wales)





ACCOUNTANTS: Courts Accountancy Services Ltd
Investment House
24 Vicarage Road
Winslow
Buckinghamshire
MK18 3BE

Profile Resourcing Limited (Registered number: 04136410)

Balance Sheet
30th June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,504 1,788

CURRENT ASSETS
Debtors 5 121,145 116,454
Cash at bank and in hand 6,694 3,657
127,839 120,111
CREDITORS
Amounts falling due within one year 6 135,233 131,349
NET CURRENT LIABILITIES (7,394 ) (11,238 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,890

)

(9,450

)

CREDITORS
Amounts falling due after more than
one year

7

84,760

91,176
NET LIABILITIES (90,650 ) (100,626 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (90,850 ) (100,826 )
(90,650 ) (100,626 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2024 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.

Profile Resourcing Limited (Registered number: 04136410)

Balance Sheet - continued
30th June 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 Board of Directors and authorised for issue on 27th March 2025 and were signed on its behalf by:




Mrs S L Setterfield - Director



A F Setterfield - Director


Profile Resourcing Limited (Registered number: 04136410)

Notes to the Financial Statements
for the Year Ended 30th June 2024

1. STATUTORY INFORMATION

Profile Resourcing 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 etc - 25% on reducing balance and Straight line over 4 years

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Profile Resourcing Limited (Registered number: 04136410)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 5 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1st July 2023 6,982
Additions 217
At 30th June 2024 7,199
DEPRECIATION
At 1st July 2023 5,194
Charge for year 501
At 30th June 2024 5,695
NET BOOK VALUE
At 30th June 2024 1,504
At 30th June 2023 1,788

5. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 39,295 38,398
Other debtors 17,635 16,341
56,930 54,739

Amounts falling due after more than one year:
Other debtors 64,215 61,715

Aggregate amounts 121,145 116,454

Profile Resourcing Limited (Registered number: 04136410)

Notes to the Financial Statements - continued
for the Year Ended 30th June 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans and overdrafts 56,454 546
Trade creditors 11,792 5,114
Taxation and social security 22,879 70,926
Other creditors 44,108 54,763
135,233 131,349

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.24 30.6.23
£    £   
Bank loans 84,760 91,176