REGISTERED NUMBER: 05141068 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Frontline Recruitment Services Holdings

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E D Kidd

A M Wilmot

SECRETARY:

E D Kidd

REGISTERED OFFICE:

Units 5/6 Castlebridge Office Village

Kirtley Drive

Nottingham

NG7 1LD

REGISTERED NUMBER:

05141068 (England and Wales)

ACCOUNTANTS:

TC Group

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

691

5,187

Investments

6

1,303,003

1,303,003

1,303,695

1,308,191

CURRENT ASSETS

Debtors

7

1,462,379

1,757,215

Cash at bank

4,789

10,041

1,467,168

1,767,256

CREDITORS

Amounts falling due within one year

8

2,736,456

3,004,344

NET CURRENT LIABILITIES

(1,269,288

)

(1,237,088

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,407

71,103

CAPITAL AND RESERVES

Called up share capital

10

2,700

2,700

Retained earnings

31,707

68,403

SHAREHOLDERS' FUNDS

34,407

71,103

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 9 January 2026 and were signed on its behalf by:

E D Kidd - Director

1.	STATUTORY INFORMATION

Frontline Recruitment Services Holdings Limited is a private company, limited by shares , registered in England and Wales. 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.

The Directors have considered the going concern position, and considered that this does indicate that the company will continue to trade for a period of at least 12 months from the date of signing these accounts.

On that basis, the directors have prepared these financial statements on a going concern basis.

Turnover

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

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measure at cost less any accumulated amotisation and any accumulated impairment losses.

At each reporting date the company assess whether there is any indication of impairment. If such indication exists, the recoverable amount of the asset is determined which is higher of its fair value less costs to sell and its value to use, An impairment loss is recognised where the carrying amount exceeds the recoverable amount.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of the financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

All financial assets and liabilities are initially measure at transaction price and subsequently measure at amortised cost.

For financial assets measured at the cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and the best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were sold at the balance sheet date.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at the annual general meeting.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 18 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

1

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

216,588

Additions

5,767

At 31 March 2025

222,355

DEPRECIATION

At 1 April 2024

211,401

Charge for year

10,263

At 31 March 2025

221,664

NET BOOK VALUE

At 31 March 2025

691

At 31 March 2024

5,187

6.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Other investments not loans

1,303,003

1,303,003

Additional information is as follows:

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

1,000,000

NET BOOK VALUE

At 31 March 2025

1,000,000

At 31 March 2024

1,000,000

Investments (neither listed nor unlisted) were as follows:

31.3.25

31.3.24

£

£

Investments in subsidiary companies

303,003

303,003

Subsidiary undertakings

The following were subsidiary undertakings of the company:

Name

Principal activity

Holding

Frontline Recruitment Nottingham Limited

Recruitment agency

100%

Frontline Recruitment Derby Limited

Recruitment agency

100%

Frontline Recruitment Leicester Limited

Recruitment agency

100%

Frontline Recruitment National Limited

Recruitment agency

100%

Frontline Recruitment Weymouth Limited

Recruitment agency

100%

Frontline Recruitment Partnership Limited

Recruitment agency

100%

The aggregate of the share capital and reserves as at 31 March 2025 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows:

Name

Aggregate of share capital and reserves

Profit/ (Loss

)

£

£

Frontline Recruitment Nottingham Limited

63,765

36,087

Frontline Recruitment Derby Limited

62,051

155,349

Frontline Recruitment Leicester Limited

389

27,564

Frontline Recruitment National Limited

73,573

180,955

Frontline Recruitment Weymouth Limited

35,500

10,862

Frontline Recruitment Partnership Limited

54,044

303,614

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,462,379

1,757,215

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

31,949

56,154

Amounts owed to group undertakings

2,577,295

2,819,498

Taxation and social security

30,776

21,442

Other creditors

96,436

107,250

2,736,456

3,004,344

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.3.25

31.3.24

£

£

Within one year

63,206

44,633

Between one and five years

114,885

126,750

178,091

171,383

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

-

Ordinary

1

-

2,430

135

A Ordinary

1

135

270

1,215

AW Ordinary

1

1,215

-

1,215

EK Ordinary

1

1,215

-

135

KK Ordinary

1

135

-

2,700

2,700

11.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund, The pension cost charge represents contributions payable by the company to the fund amounted to £15,152 (2024: £13,064)

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At 31 March 2025, included within other debtors, is an amount of £94,459 (2024: £126,106) owed by directors.

The loans are repayable on demand.