REGISTERED NUMBER: SC411527 (Scotland)

Unaudited Financial Statements for the Year Ended 30 September 2025

for

Peace Recruitment - Trades & Labour Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Miss T I A Jaberu

REGISTERED OFFICE:

EH20 Business Centre

6 Dryden Road

Loanhead

Midlothian

EH20 9LZ

REGISTERED NUMBER:

SC411527 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Tangible assets

4

7,294

4,697

CURRENT ASSETS

Debtors

5

522,075

664,430

Cash at bank

60,824

9,446

582,899

673,876

CREDITORS

Amounts falling due within one year

6

493,804

376,833

NET CURRENT ASSETS

89,095

297,043

TOTAL ASSETS LESS CURRENT LIABILITIES

96,389

301,740

PROVISIONS FOR LIABILITIES

1,500

1,000

NET ASSETS

94,889

300,740

CAPITAL AND RESERVES

Called up share capital

1

2

Share premium

19,999

19,999

Capital redemption reserve

1

-

Retained earnings

74,888

280,739

SHAREHOLDERS' FUNDS

94,889

300,740

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 12 January 2026 and were signed by:

Miss T I A Jaberu - Director

1.	STATUTORY INFORMATION

Peace Recruitment - Trades & Labour Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

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

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Leasehold improvements

-

Straight line over 5 years

Fixtures and fittings

-

33% on cost

Office equipment

-

33% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The director has considered the company's financial position for a period of 12 months from the date of signing these financial statements and have reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2024

22,419

Additions

6,327

At 30 September 2025

28,746

DEPRECIATION

At 1 October 2024

17,722

Charge for year

3,730

At 30 September 2025

21,452

NET BOOK VALUE

At 30 September 2025

7,294

At 30 September 2024

4,697

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade debtors

488,187

659,906

Other debtors

33,888

4,524

522,075

664,430

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30/9/25

30/9/24

£

£

Trade creditors

9,744

682

Taxation and social security

26,604

57,720

Other creditors

457,456

318,431

493,804

376,833

Included within other creditors is a balance of £449,516 (2024: £312,884) due to RBS Invoice Finance Ltd. This balance is secured by a floating charge over all assets of the company.

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2025 and 30 September 2024:

30/9/25

30/9/24

£

£

Miss T I A Jaberu

Balance outstanding at start of year

1,100

740

Amounts advanced

-

360

Amounts repaid

(1,100

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,100