REGISTERED NUMBER: 13232738 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

911 Staffing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C R J Knox

L Garrett

Mrs D Jamieson

REGISTERED OFFICE:

Hermes House

Fire Fly Avenue

Swindon

Wiltshire

SN2 2GA

REGISTERED NUMBER:

13232738 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,756

6,583

CURRENT ASSETS

Debtors

5

740,885

1,087,082

Cash at bank

16,425

32,083

757,310

1,119,165

CREDITORS

Amounts falling due within one year

6

353,427

751,028

NET CURRENT ASSETS

403,883

368,137

TOTAL ASSETS LESS CURRENT LIABILITIES

407,639

374,720

PROVISIONS FOR LIABILITIES

939

1,646

NET ASSETS

406,700

373,074

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

405,700

372,074

406,700

373,074

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 29 September 2025 and were signed on its behalf by:

Mrs D Jamieson - Director

1.	STATUTORY INFORMATION

911 Staffing Ltd 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for services rendered, net of value added taxes and discounts and rebates allowed by the Company.

Rendering of services

Turnover from a contract to provide services is recognised in the year in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

- the amount of turnover can be measured reliably;

- it is probable that the company will receive the consideration due under the contract;

- the stage of completion of the contract at the end of the reporting year can be measured reliably; and

- the costs incurred and the costs to complete the contract can be measured reliably.

Turnover represents amounts receivable for services net of VAT and trade discounts. Sales income includes turnover earned from the acceptance of candidate or on the performance of services. Turnover is recognised as contract activity progresses to the extent that the company obtains the right to consideration in exchange for its performance under these contracts and so that for incomplete contracts it reflects the partial performance of the contractual obligations. It is measured at the fair value of the right to consideration, by reference to the value of work performed, based on amounts chargeable to customers, excluding VAT.

Turnover earned but not billed to customers is included in accrued income.

Interest income

Interest income is recognised using the effective interest rate method.

Tangible fixed assets

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

Depreciation and residual values

Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life as follows:

Plant and machinery - 20% on straight line basis

Computer equipment - 25% on straight line basis

The assets' residual values and useful lives are reviewed, and adjusted, if appropriate, at the end of each reporting period. The effect of any changes is accounted for prospectively.

Financial instruments

The company has chosen to adopt the Sections 11 and 12 of FRS 102 in respect of financial instruments.

Financial assets

Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Such assets are subsequently carried at amortised cost using the effective interest method.

At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the assets original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Financial assets are derecognised when (a) the contractual rights to the cash flows from the asset expire or are settled, or (b) substantially all the risks and rewards of the ownership of the asset are transferred to another party or (c) control the asset has been transferred to another party who has the practical ability to unilaterally sell the asset to an unrelated third party without imposing additional restrictions.

Financial liabilities

Basic financial liabilities, including trade and other payables, bank loans and overdrafts and loans from fellow group companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade payables are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations. The obligations are recognised as an expense when they are due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Hire purchase and leasing commitments

Leases that do no transfer all the risks and rewards of ownership are classified as operating leases. Payments under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Finance costs

Finance costs are charged to the Income Statement over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 155 (2023 - 170 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 January 2024

2,088

11,542

13,630

Additions

-

587

587

At 31 December 2024

2,088

12,129

14,217

DEPRECIATION

At 1 January 2024

696

6,351

7,047

Charge for year

418

2,996

3,414

At 31 December 2024

1,114

9,347

10,461

NET BOOK VALUE

At 31 December 2024

974

2,782

3,756

At 31 December 2023

1,392

5,191

6,583

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

441,596

891,826

Amounts owed by group undertakings

165,474

115,236

Other debtors

-

1,000

Invoice financing

97,527

-

Directors' current accounts

2,900

2,000

Prepayments and accrued income

33,388

77,020

740,885

1,087,082

Included within trade receivables is an amount of £Nil (2023: £239,634) which is subject to a debtor factoring facility.

Amounts owed by group undertakings are unsecured, interest-free and repayable on demand.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

5,533

7,980

Wages creditor

25,832

42,406

Tax

36,145

85,248

Social security and other taxes

75,691

106,484

VAT

192,324

240,178

Other creditors

7,902

11,288

Invoice financing

-

239,634

Accruals and deferred income

10,000

17,810

353,427

751,028

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024

2023

£

£

Within one year

14,431

14,431

Between one and five years

3,608

18,038

18,039

32,469

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

The Report of the Auditors was unqualified.

David Iain Black (Senior Statutory Auditor)

for and on behalf of Sumer Auditco Limited

9.	RELATED PARTY DISCLOSURES

Transactions with the ultimate controlling party:

Year Ended 31.12.24

Period 1.5.23 to 31.12.23

£

£

Sales

12,883

892,699

Purchases

(49

)

(1,195

)

Included in trade debtors

178,060

128,373

Included in trade creditors

(436

)

(387

)

The above transactions were carried out at market rate.

At the end of the year a balance of £2,900 (2023: £2,000) was owed to the company by the directors.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S W Group Logistics Limited.