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REGISTERED NUMBER: 04688077 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE PLACEMENT GROUP (UK) LIMITED
THE PLACEMENT GROUP (UK) LIMITED (REGISTERED NUMBER: 04688077)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 December 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 3


THE PLACEMENT GROUP (UK) LIMITED

COMPANY INFORMATION
for the year ended 31 December 2024







DIRECTOR: Mr E C Simpson





SECRETARY: Mr S Porter





REGISTERED OFFICE: 110 Brooker Road
Waltham Abbey
Essex
EN9 1JH





REGISTERED NUMBER: 04688077 (England and Wales)





AUDITORS: Xeinadin Audit Limited, Statutory Auditor
8th Floor, Becket House
36 Old Jewry
London
EC2R 8DD
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THE PLACEMENT GROUP (UK) LIMITED (REGISTERED NUMBER: 04688077)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 115,082 105,158
Cash at bank - 77,540
115,082 182,698
CREDITORS
Amounts falling due within one year 32,317 98,505
NET CURRENT ASSETS 82,765 84,193
TOTAL ASSETS LESS CURRENT
LIABILITIES
82,765
84,193

CAPITAL AND RESERVES
Called up share capital 75,000 75,000
Retained earnings 7,765 9,193
SHAREHOLDERS' FUNDS 82,765 84,193

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 12 September 2025 and were signed by:





Mr E C Simpson - Director


The notes form part of these financial statements

Page 2
THE PLACEMENT GROUP (UK) LIMITED (REGISTERED NUMBER: 04688077)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2024

1. STATUTORY INFORMATION

The Placement Group (UK) 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.

Going concern
The director has assessed whether the use of the going concern assumption is appropriate in preparing these accounts. The director has made this assessment in respect to a period of one year from the date of approval of these accounts.

The director is of the opinion that the company will have sufficient resources to meet its liabilities as they fall due.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

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

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THE PLACEMENT GROUP (UK) LIMITED (REGISTERED NUMBER: 04688077)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 600,000
AMORTISATION
At 1 January 2024
and 31 December 2024 600,000
NET BOOK VALUE

At 31 December 2024 -
At 31 December 2023 -

5. PROPERTY, PLANT AND EQUIPMENT
Totals
£   
COST
At 1 January 2024
and 31 December 2024 384,214
DEPRECIATION
At 1 January 2024
and 31 December 2024 384,214
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

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

The Report of the Auditors was unqualified.

Thurairatnam Sudarshan, FCCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited, Statutory Auditor

7. RELATED PARTY TRANSACTION

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8. PARENT COMPANY

The Placement Group (Holdings) Plc, a company registered in England and Wales, is the immediate and ultimate parent company for which consolidated accounts are prepared. The Placement Group (Holdings) Plc's registered office is 110 Brooker Road, Waltham Abbey, Essex EN9 1JH.

Page 4