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REGISTERED NUMBER: 08439682 (England and Wales)







FINANCIAL STATEMENTS

FOR THE YEAR ENDED 22 AUGUST 2024

FOR

HAMPTON'S RESOURCING LIMITED

HAMPTON'S RESOURCING LIMITED (REGISTERED NUMBER: 08439682)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 22 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HAMPTON'S RESOURCING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 22 AUGUST 2024







DIRECTORS: S J Ray
G T McPhee





REGISTERED OFFICE: Corner Oak
1 Homer Road
Solihull
B91 3QG





REGISTERED NUMBER: 08439682 (England and Wales)





AUDITORS: Prime
Chartered Accountants
Statutory Auditor
Corner Oak
1 Homer Road
Solihull
B91 3QG

HAMPTON'S RESOURCING LIMITED (REGISTERED NUMBER: 08439682)

BALANCE SHEET
22 AUGUST 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 123,989 125,492

CURRENT ASSETS
Debtors 5 2,126,109 2,505,363
Cash at bank and in hand 111,809 101,820
2,237,918 2,607,183
CREDITORS
Amounts falling due within one year 6 1,462,555 1,476,148
NET CURRENT ASSETS 775,363 1,131,035
TOTAL ASSETS LESS CURRENT
LIABILITIES

899,352

1,256,527

PROVISIONS FOR LIABILITIES 30,804 31,134
NET ASSETS 868,548 1,225,393

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 868,538 1,225,383
SHAREHOLDERS' FUNDS 868,548 1,225,393

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 11 April 2025 and were signed on its behalf by:





S J Ray - Director


HAMPTON'S RESOURCING LIMITED (REGISTERED NUMBER: 08439682)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 22 AUGUST 2024


1. STATUTORY INFORMATION

Hampton's 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Thje presentation currency of the financial statements is in the Pound Sterling (£).

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33.33% on cost

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.

HAMPTON'S RESOURCING LIMITED (REGISTERED NUMBER: 08439682)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 22 AUGUST 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 23 (2023 - 23 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 23 August 2023 4,870 134,282 91,448 230,600
Additions - 10,866 17,481 28,347
At 22 August 2024 4,870 145,148 108,929 258,947
DEPRECIATION
At 23 August 2023 3,915 31,616 69,577 105,108
Charge for year 183 15,563 14,104 29,850
At 22 August 2024 4,098 47,179 83,681 134,958
NET BOOK VALUE
At 22 August 2024 772 97,969 25,248 123,989
At 22 August 2023 955 102,666 21,871 125,492

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,858,737 1,782,028
Amounts owed by group undertakings 50,649 693,263
Other debtors 216,723 30,072
2,126,109 2,505,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 385,628 276,710
Amounts owed to group undertakings 7,838 -
Taxation and social security 116,545 318,958
Other creditors 952,544 880,480
1,462,555 1,476,148

HAMPTON'S RESOURCING LIMITED (REGISTERED NUMBER: 08439682)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 22 AUGUST 2024


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 40,510 -
Between one and five years 49,106 -
89,616 -

8. SECURED DEBTS

RBS Invoice Finance Limited have a legal charge registered on 02 May 2013 over all the assets of the company.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeremy Kitson BA FCA (Senior Statutory Auditor)
for and on behalf of Prime

10. RELATED PARTY DISCLOSURES

Transactions with the company's parent company total £46,537 as costs for rent, service charge and sinking funds. As at the year end £7,838 (2023: £118,614 owed from) was owed to Step Into Teaching Limited and £50,649 (2023: £574,649) was owed from Hampton's People Group Limited.

During the year there were recharges to McPhee Investments totalling £1,858 (2023: £372). The year end debtor balance is £2,230 (2023: 372).

During the year, there were further recharges to Oray Investments totalling £1,108 (2023: £132). The year end debtor balance is £1,240 (2023: £132).

11. ULTIMATE CONTROLLING PARTY

The company's ultimate parent undertaking is Hampton's People Group Limited, whose registered office is 1 Homer Road, Solihull, West Midlands, United Kingdom, B91 3QG.