REGISTERED NUMBER: 02283543 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PROPERTY PERSONNEL LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A J H Hesse

REGISTERED OFFICE:

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

REGISTERED NUMBER:

02283543 (England and Wales)

ACCOUNTANTS:

RJP LLP

Ground Floor

Egerton House

68 Baker Street

Weybridge

Surrey

KT13 8AL

FIXED ASSETS

Tangible assets

4

445

759

CURRENT ASSETS

Debtors

5

34,001

11,279

Cash at bank

215,899

195,010

249,900

206,289

CREDITORS

Amounts falling due within one year

6

80,108

74,983

NET CURRENT ASSETS

169,792

131,306

TOTAL ASSETS LESS CURRENT LIABILITIES

170,237

132,065

PROVISIONS FOR LIABILITIES

7

111

190

NET ASSETS

170,126

131,875

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

169,126

130,875

SHAREHOLDERS' FUNDS

170,126

131,875

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 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.

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 30 September 2025 and were signed by:

A J H Hesse - Director

1.	STATUTORY INFORMATION

Property Personnel Limited is a private company, limited by shares, registered in England and Wales. The company's registered number, registered office and principal place of business addresses 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 represents net invoiced sales of services, excluding Value Added Tax, which is recognised when candidates commence work at their chosen employers.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software has been fully amortised in the current year.

Tangible fixed assets

Tangible fixed assets held for the companies own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the costs of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery

-

14%, 33% on cost and at variable rates on reducing balance

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

and 31 December 2024

7,925

27,582

35,507

DEPRECIATION

At 1 January 2024

7,925

26,823

34,748

Charge for year

-

314

314

At 31 December 2024

7,925

27,137

35,062

NET BOOK VALUE

At 31 December 2024

-

445

445

At 31 December 2023

-

759

759

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

32,610

9,936

Other debtors

1,391

1,343

34,001

11,279

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

4,380

2,334

Taxation and social security

53,346

43,494

Other creditors

22,382

29,155

80,108

74,983

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

111

190

Deferred

tax

£

Balance at 1 January 2024

190

Provided during year

(79

)

Balance at 31 December 2024

111

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

500

Ordinary Share A

£1.00

500

500

500

Ordinary Share B

£1.00

500

500

1,000

1,000

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following loan to/(from) a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

£

Director

Balance outstanding at start of year

(9,719

)

(9,119

)

Amounts advanced

56,287

40,000

Amounts repaid

(51,787

)

(40,600

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,219

)

(9,719

)

10.	SHAREHOLDER'S LOAN

The company had a loan owed to a shareholder of £5,000 at 31 December 2024 (2023 - £6,788 ).