REGISTERED NUMBER: 03779495 (England and Wales)

STANFORD RESOURCING LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 JUNE 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D M Gibbard-Jones

SECRETARY:

H J Holdaway

REGISTERED OFFICE:

50 Liverpool Street

LONDON

Greater London

EC2M 7PY

REGISTERED NUMBER:

03779495 (England and Wales)

ACCOUNTANTS:

MHA (trading name of MHA Advisory Ltd)

Elfed House

Oak Tree Court

Cardiff Gate Business Park

CARDIFF

County of Cardiff

CF23 8RS

FIXED ASSETS

Tangible assets

4

19,776

29,902

Investments

5

102,115

123,743

121,891

153,645

CURRENT ASSETS

Debtors

6

466,487

775,250

Cash at bank and in hand

1,138,761

1,268,398

1,605,248

2,043,648

CREDITORS

Amounts falling due within one year

7

(2,314,713

)

(556,063

)

NET CURRENT (LIABILITIES)/ASSETS

(709,465

)

1,487,585

TOTAL ASSETS LESS CURRENT LIABILITIES

(587,574

)

1,641,230

CAPITAL AND RESERVES

Called up share capital

8

2

2

Capital contribution reserve

(3,408,887

)

(919,221

)

Retained earnings

2,821,311

2,560,449

SHAREHOLDERS' FUNDS

(587,574

)

1,641,230

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

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

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 January 2026 and were signed by:

D M Gibbard-Jones - Director

1.	STATUTORY INFORMATION

Stanford Resourcing 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.

The company's functional and presentational currency in the financial statements is the Sterling (£), rounded to the nearest pound.

The significant accounting policies applied in the presentation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

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.

There have been no material departures from Financial Reporting Standard 102 1A.

Going concern

At 30 June 2025 the company had net current liabilities of £709,465 and net liabilities of £587,574. This was due to a one off investment in Career Katalyst Limited during the period, which was subsequently written off as the company is no longer actively trading. Therefore, the going concern basis of preparation of the financial statements is considered to be appropriate.

Preparation of consolidated financial statements

The financial statements contain information about Stanford Resourcing Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover represents amounts receivable for consultancy and recruitment services net of VAT and trade discounts.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at rates calculated to write off fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Short leasehold

5 years straight line

Computer equipment

3 years straight line

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Current tax

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated 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 period 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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Employee benefits

When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

Investments

Investments are recorded at cost less any provision required for diminution in value.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at bank and in hand.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 7 (2023 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Short

Computer

Leasehold

equipment

Totals

£

£

£

COST

At 1 January 2024

and 30 June 2025

31,750

1,202

32,952

DEPRECIATION

At 1 January 2024

2,850

200

3,050

Charge for period

9,525

601

10,126

At 30 June 2025

12,375

801

13,176

NET BOOK VALUE

At 30 June 2025

19,375

401

19,776

At 31 December 2023

28,900

1,002

29,902

5.	FIXED ASSET INVESTMENTS

2025

2023

£

£

Shares in group undertakings

-

32,298

Other investments not loans

102,115

91,445

102,115

123,743

Additional information is as follows:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST

At 1 January 2024

32,298

124,100

156,398

Additions

600,000

-

600,000

Disposals

(32,298

)

-

(32,298

)

Impairments

(600,000

)

-

(600,000

)

At 30 June 2025

-

124,100

124,100

PROVISIONS

At 1 January 2024

-

32,655

32,655

Provision for period

-

9,330

9,330

At 30 June 2025

-

41,985

41,985

NET BOOK VALUE

At 30 June 2025

-

82,115

82,115

At 31 December 2023

32,298

91,445

123,743

Investments (neither listed nor unlisted) were as follows:

2025

2023

£

£

Artwork

20,000

-

6.

DEBTORS

2025

2023

£

£

Amounts falling due within one year:

Trade debtors

382,097

308,586

Amounts owed by group undertakings

-

219,282

Other debtors

40,023

660,250

Related party loan provision

-

(600,000

)

Director's current account

-

4,605

Prepayments and accrued income

41,635

156,176

463,755

748,899

Amounts falling due after more than one year:

Deferred tax asset

2,732

26,351

Aggregate amounts

466,487

775,250

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

£

Trade creditors

59,247

16,793

Corporation tax

38,665

174,484

Social security and other taxes

9,352

18,445

VAT

55,413

91,554

Other creditors

51,181

3,623

Accruals and deferred income

2,100,855

251,164

2,314,713

556,063

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2023

value:

£

£

1,840,000

A Ordinary

£0.000001

2

2

160,000

B Ordinary

£0.000001

-

-

2

2

9.	FINANCIAL COMMITMENTS

At 30 June 2025, the company had financial commitments relating to rent payable of £78,000 (2023 - £27,083).

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 June 2025 and the year ended 31 December 2023:

2025

2023

£

£

J N Holliday

Balance outstanding at start of period

4,605

3,182

Amounts advanced

493

1,423

Amounts repaid

(5,098

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

-

4,605

11.	PARENT COMPANY

During the year, the parent company of Stanford Resourcing Limited was Stanford Resourcing Trustees Limited.