REGISTERED NUMBER: 08344267 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Sl Recruitment Solutions Ltd.

Page

Statement of Financial Position

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

2,170,428

2,045,993

2,170,428

2,045,993

CURRENT ASSETS

Debtors

6

191,543

233,864

Cash in hand

30

2,782

191,573

236,646

CREDITORS

Amounts falling due within one year

7

440,316

592,537

NET CURRENT LIABILITIES

(248,743

)

(355,891

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,921,685

1,690,102

CREDITORS

Amounts falling due after more than one year

8

941,841

873,653

NET ASSETS

979,844

816,449

CAPITAL AND RESERVES

Called up share capital

2

2

Fair value reserve

9

678,544

678,544

Retained earnings

301,298

137,903

SHAREHOLDERS' FUNDS

979,844

816,449

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 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 October 2025 and were signed on its behalf by:

Mr Tejwant Singh Karir - Director

1.	STATUTORY INFORMATION

Sl Recruitment Solutions Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

08344267

Registered office:

Unit B, Thames House Waterside Drive

Langley

Slough

SL3 6EZ

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

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five years.

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.

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

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

72,000

AMORTISATION

At 1 February 2024

and 31 January 2025

72,000

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Freehold

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 February 2024

2,022,368

84,798

-

27,184

2,134,350

Additions

-

-

172,840

950

173,790

At 31 January 2025

2,022,368

84,798

172,840

28,134

2,308,140

DEPRECIATION

At 1 February 2024

-

66,183

-

22,174

88,357

Charge for year

-

4,654

43,210

1,491

49,355

At 31 January 2025

-

70,837

43,210

23,665

137,712

NET BOOK VALUE

At 31 January 2025

2,022,368

13,961

129,630

4,469

2,170,428

At 31 January 2024

2,022,368

18,615

-

5,010

2,045,993

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Trade debtors

94,850

138,833

Other debtors

96,693

95,031

191,543

233,864

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans and overdrafts

83,587

106,448

Trade creditors

84,184

176,208

Taxation and social security

57,566

36,036

Other creditors

214,979

273,845

440,316

592,537

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.25

31.1.24

£

£

Bank loans

770,001

873,653

Hire purchase contracts

171,840

-

941,841

873,653

9.

RESERVES

Fair

value

reserve

£

At 1 February 2024

and 31 January 2025

678,544