REGISTERED NUMBER: 10068832 (England and Wales)

HR AT WORK LIMITED

Report of the Directors and

Unaudited Financial Statements

for the Year Ended 31 December 2024

Page

Company Information

1

Report of the Directors

2

Statement of Income and Retained Earnings

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTORS:

M J Buckland

Ms K A Flageul

Ms H N Gibaut

Ms L A Pestana

Ms V J Cartwright

SECRETARY:

Ms V J Cartwright

REGISTERED OFFICE:

33 Foxboro Road

Redhill

Surrey

RH1 1TD

REGISTERED NUMBER:

10068832 (England and Wales)

ACCOUNTANTS:

The Bailey Partnership

Chartered Accountants

The Old Mill, Kings Mill

Kings Mill Lane

South Nutfield

Surrey

RH1 5NB

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

M J Buckland

Ms K A Flageul

Ms H N Gibaut

Ms L A Pestana

Ms V J Cartwright

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M J Buckland - Director

20 June 2025

TURNOVER

140,145

57,461

Cost of sales

9,996

9,996

GROSS PROFIT

130,149

47,465

Administrative expenses

129,987

100,039

OPERATING PROFIT/(LOSS) and

PROFIT/(LOSS) BEFORE TAXATION

162

(52,574

)

Tax on profit/(loss)

4

-

-

PROFIT/(LOSS) FOR THE FINANCIAL YEAR

162

(52,574

)

Retained earnings at beginning of year

(112,956

)

(60,382

)

RETAINED EARNINGS AT END OF YEAR

(112,794

)

(112,956

)

CURRENT ASSETS

Debtors

6

48,833

8,584

Cash at bank

7,875

6,938

56,708

15,522

CREDITORS

Amounts falling due within one year

7

159,502

118,478

NET CURRENT LIABILITIES

(102,794

)

(102,956

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(102,794

)

(102,956

)

CAPITAL AND RESERVES

Called up share capital

8

10,000

10,000

Retained earnings

9

(112,794

)

(112,956

)

SHAREHOLDERS' FUNDS

(102,794

)

(102,956

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:

M J Buckland - Director

1.	STATUTORY INFORMATION

HR At Work 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

Turnover 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.

Fixtures and fittings

-

20% on cost

Computer equipment

-

at varying rates on cost

Fixed assets do not require replacement of parts or the cost of major inspections to be recognised separately.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Holiday pay

No liability is recognised in respect of holiday pay as employees are unable to carry forward holiday into future periods.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 1 ) .

2024

2023

£

£

Directors' remuneration

78,456

78,454

4.

TAXATION

Analysis of the tax charge

No liability to UK corporation tax arose for the year ended 31 December 2024 nor for the year ended 31 December 2023.

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

246

1,049

1,295

DEPRECIATION

At 1 January 2024

and 31 December 2024

246

1,049

1,295

NET BOOK VALUE

At 31 December 2024

-

-

-

At 31 December 2023

-

-

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

48,833

8,584

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Social security and other taxes

6,265

-

VAT

4,774

3,966

Other creditors

138,863

108,822

Deferred income

8,250

4,190

Accrued expenses

1,350

1,500

159,502

118,478

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

10,000

Ordinary

£1

10,000

10,000

9.

RESERVES

Retained

earnings

£

At 1 January 2024

(112,956

)

Profit for the year

162

At 31 December 2024

(112,794

)

10.	GOING CONCERN

The company operates with the continued support of parent company Law at Work Limited.