Frontline Recruitment Derby Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09082187 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Frontline Recruitment Derby Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E D Kidd

A M Wilmot

REGISTERED OFFICE:

Units 5/6 Castlebridge Office Village

Kirtley Drive

Nottingham

NG7 1LD

REGISTERED NUMBER:

09082187 (England and Wales)

ACCOUNTANTS:

TC Group

Cliffe Hill House

22-26 Nottingham Road

Stapleford

Nottingham

NG9 8AA

FIXED ASSETS

Tangible assets

4

188

452

CURRENT ASSETS

Debtors

5

1,437,887

1,674,383

Cash at bank and in hand

4,327

39,289

1,442,214

1,713,672

CREDITORS

Amounts falling due within one year

6

1,380,351

1,494,986

NET CURRENT ASSETS

61,863

218,686

TOTAL ASSETS LESS CURRENT
LIABILITIES

62,051

219,138

CREDITORS

Amounts falling due after more than one year

7

-

160,436

NET ASSETS

62,051

58,702

CAPITAL AND RESERVES

Called up share capital

9

100

Retained earnings

61,951

58,602

SHAREHOLDERS' FUNDS

62,051

58,702

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 Derby 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.

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.

Plant and machinery etc

-

25% on cost

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of 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 measured at transaction price and subsequently measured at amortised cost.

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

19,102

DEPRECIATION

At 1 April 2024

18,650

Charge for year

264

At 31 March 2025

18,914

NET BOOK VALUE

At 31 March 2025

188

At 31 March 2024

452

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

57,736

183,729

Prepayments

25,456

38,407

Amounts owed by group undertakings

1,354,695

1,452,247

1,437,887

1,674,383

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

88,889

106,231

Trade creditors

4,172

3,621

Amounts owed to group undertakings

1,092,433

1,063,200

Taxation and social security

41,476

31,971

Other creditors

153,381

289,963

1,380,351

1,494,986

The invoice discounting facility is secured over the book debts to which they relate, plus a charge over the current and any future freehold property, leasehold property, plant, machinery and fixtures and fittings

The bank loan is secured by a floating charge over the assets of the company. £160,000 of the loan is secured by way of personal guarantee from the directors.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

-

160,436

8.	LEASING AGREEMENTS

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

31.3.25

31.3.24

£

Within one year

11,000

Between one and five years

6,417

17,417

28,417

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

100

Ordinary

1

100

10.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Frontline Recruitment Services Holdings Limited, a company incorporated in England and Wales. The registered office of the parent company is the same as that of the company, which can be found on the information page.