Surestaff Lincs. Limited Filleted accounts for Companies House (small and micro)

Surestaff Lincs. Limited

Unaudited financial statements

31 March 2025

Company Registration Number 06476932

Surestaff Lincs. Limited

Financial statements

year ended 31 March 2025

Contents	Pages

Statement of financial position	1 to 2

Notes to the financial statements	3 to 4

Surestaff Lincs. Limited

Statement of financial position

31 March 2025

	2025		2024
Note	£	£	£

Current assets

Debtors	5	7,222	16,252
Cash at bank and in hand		21,719	10,805
		--------	--------
		28,941	27,057

Prepayments and accrued income	1,490		1,236

Creditors: amounts falling due within one year	6	121,269		92,045
		---------		--------
Net current liabilities			90,838	63,752
			--------	--------
Total assets less current liabilities			( 90,838)	( 63,752)

Creditors: amounts falling due after more than one year	7		5,000	10,000

Accruals and deferred income	11,336	8,502
	---------	--------
Net liabilities	( 107,174)	( 82,254)
	---------	--------

Capital and reserves

Called up share capital	200	200
Profit and loss account	( 107,374)	( 82,454)
	---------	--------
Shareholders deficit	( 107,174)	( 82,254)
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Surestaff Lincs. Limited

Statement of financial position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 19 November 2025 , and are signed on behalf of the board by:

Mrs S Grindrod-Smith

Director

Company registration number: 06476932

Surestaff Lincs. Limited

Notes to the financial statements

year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England. The address of the principal place of business is The Plough Business Centre, 37 Church Street, Gainsborough.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

3.1 Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

3.2 Going concern

The financial statements have been prepared on a going concern basis which assumes that the company will continue to trade. The validity of this assumption is dependant on the continued support of the ultimate parent in postponing the repayment of loans and balances from the group companies. If the company were unable to continue to trade, adjustments would have to be made to reduce the value of the assets to their recoverable amount and to provide for any further liabilities that might arise.

3.3 Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

3.4 Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

3.5 Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 7 (2024: 10 ).

5. Debtors

	2025	2024
	£	£

Trade debtors	7,222	16,252
	-------	--------

6. Creditors: amounts falling due within one year

	2025	2024
	£	£

Trade creditors	181	1,367
Amounts owed to group undertakings and undertakings in which the company has a participating interest	116,331	85,561
Social security and other taxes	4,695	5,014
Other creditors	62	103
	---------	--------
	121,269	92,045
	---------	--------

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£

Amounts owed to group undertakings and undertakings in which the company has a participating interest	5,000	10,000
	-------	--------

8. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£

Not later than 1 year	813	1,838
Later than 1 year and not later than 5 years	–	509
	----	-------
	813	2,347
	----	-------

9. Controlling party

The ultimate parent undertaking is West Lindsey District Council the address of its principal place of business is Guildhall, Marshall’s Yard, Gainsborough, Lincolnshire.