Perfect Placement UK Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04923920

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		376,099		276,164

			376,099		276,164
CURRENT ASSETS
Debtors	5	266,485		429,775
Cash at bank and in hand		370,793		1,543,865

		637,278		1,973,640
Creditors: Amounts Falling Due Within One Year	6	(716,416 )		(976,821 )

NET CURRENT ASSETS (LIABILITIES)			(79,138 )		996,819

TOTAL ASSETS LESS CURRENT LIABILITIES			296,961		1,272,983

Creditors: Amounts Falling Due After More Than One Year	7		(170,499 )		(509,241 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(37,717 )		(29,715 )

NET ASSETS			88,745		734,027

CAPITAL AND RESERVES
Called up share capital	9		106		106
Profit and Loss Account			88,639		733,921

SHAREHOLDERS' FUNDS			88,745		734,027

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Perfect Placement UK Limited

Balance Sheet (continued)

As At 31 March 2025

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Paul Unstead

Director

23/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Perfect Placement UK Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04923920 . The registered office is Nautilus House 10 Central Avenue, St. Andrews Business Park, Norwich, NR7 0HR .

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	- 3% straight line
Motor Vehicles	- 25% reducing balance
Fixtures & Fittings	- 15% reducing balance
Computer Equipment	- 25% reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Perfect Placement UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.5. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.6. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 46 (2024: 50)

4. Tangible Assets

	Land & Property
	Leasehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 April 2024	-	211,415	176,277	179,183	566,875
Additions	102,553	-	46,741	29,189	178,483
Disposals	-	-	(26,829 )	-	(26,829 )

As at 31 March 2025	102,553	211,415	196,189	208,372	718,529

Depreciation
As at 1 April 2024	-	66,163	110,131	114,417	290,711
Provided during the period	3,077	36,313	12,867	21,064	73,321
Disposals	-	-	(21,602 )	-	(21,602 )

As at 31 March 2025	3,077	102,476	101,396	135,481	342,430

Net Book Value
As at 31 March 2025	99,476	108,939	94,793	72,891	376,099

As at 1 April 2024	-	145,252	66,146	64,766	276,164

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	192,655	272,846
Other debtors	73,830	156,929

	266,485	429,775

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Perfect Placement UK Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	21,961	26,226
Trade creditors	96,842	202,558
Bank loans and overdrafts	320,000	320,000
Other creditors	14,858	34,196
Taxation and social security	262,755	393,841

	716,416	976,821

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	91,499	110,241
Bank loans	79,000	399,000

	170,499	509,241

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	21,961	26,226
Later than one year and not later than five years	91,499	110,241

	113,460	136,467

	113,460	136,467

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	106	106

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