Company No: 06864656 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	16,274		144,815
		16,274		144,815
Current assets
Debtors	4	881,572		1,152,182
Cash at bank and in hand	5	1,987		0
		883,559		1,152,182
Creditors: amounts falling due within one year	6	( 725,510)		( 965,370)
Net current assets		158,049		186,812
Total assets less current liabilities		174,323		331,627
Creditors: amounts falling due after more than one year	7	( 13,971)		( 83,560)
Net assets		160,352		248,067
Capital and reserves
Called-up share capital	8	100		100
Profit and loss account		160,252		247,967
Total shareholder's funds		160,352		248,067

For the financial 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.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Helping Hand Recruitment Limited (registered number: 06864656) were approved and authorised for issue by the Director on 12 December 2025. They were signed on its behalf by:

Mr A David Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Helping Hand Recruitment Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Chy Nyverow, Newham Road, Truro, TR1 2DP, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. 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 on a straight-line basis over its expected useful life, as follows:

Land and buildings	50 years straight line
Office equipment	5 years straight line

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	5		10

3. Tangible assets

	Land and buildings		Office equipment		Total
	£		£		£
Cost
At 01 April 2024	155,244		3,874		159,118
Additions	0		13,564		13,564
Disposals	( 155,244)		0		( 155,244)
At 31 March 2025	0		17,438		17,438
Accumulated depreciation
At 01 April 2024	14,238		65		14,303
Charge for the financial year	2,329		1,099		3,428
Disposals	( 16,567)		0		( 16,567)
At 31 March 2025	0		1,164		1,164
Net book value
At 31 March 2025	0		16,274		16,274
At 31 March 2024	141,006		3,809		144,815

4. Debtors

	2025		2024
	£		£
Trade debtors	758,869		945,816
Amounts owed by Group undertakings	340		102,716
Prepayments	55,049		39,291
Other debtors	67,314		64,359
	881,572		1,152,182

5. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	1,987		0
Less: Bank overdrafts	( 18,806)		( 8,670)
	(16,819)		(8,670)

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	27,831		29,373
Trade creditors	4,044		40,432
Accruals	21,390		21,168
Other taxation and social security	158,770		175,176
Other creditors	513,475		699,221
	725,510		965,370

Included in creditors due within one year are proceeds of factored debts of £513,016 (2024: £696,984) that are secured over the company's trade debtors.

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

	2025		2024
	£		£
Bank loans	13,971		83,560

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

9. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Amounts owed by the company directors	8,825		8,825