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Registration number: 04462246

Careerlink Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 June 2025

Careerlink Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 7

Careerlink Limited

Company Information

Directors | S Benyon M Ford S L Harwood

Registered office | 28 Birmingham Road Walsall West Midlands WS1 2LT

Accountants | Davidson Stant Limited Chartered Certified AccountantsThe Glen Knutsford Old Road Stockton Heath Warrington Cheshire WA4 2LD

Careerlink Limited

(Registration number: 04462246)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | 129,633 | 150,768
Current assets |  |  |
Debtors | 4 | 1,385,862 | 1,746,529
Cash at bank and in hand |  | 1,104,583 | 787,852
|  | 2,490,445 | 2,534,381
Creditors: Amounts falling due within one year | 5 | (2,074,243) | (2,137,411)
Net current assets |  | 416,202 | 396,970
Total assets less current liabilities |  | 545,835 | 547,738
Creditors: Amounts falling due after more than one year | 5 | (10,510) | (20,755)
Provisions for liabilities |  | (4,613) | (4,613)
Net assets |  | 530,712 | 522,370
Capital and reserves |  |  |
Called up share capital | 6 | 10 | 10
Retained earnings |  | 530,702 | 522,360
Shareholders' funds |  | 530,712 | 522,370

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 7 February 2026 and signed on its behalf by:

.........................................

S Benyon

Director

Careerlink Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1 | Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and Machinery | 10% Straight line
Office Equipment | 33% Straight line
Furniture and Fittings | 15% Reducing balance
Short Leasehold | 10% Straight line

Careerlink Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 27 (2024 - 32).

Careerlink Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

3 | Tangible assets

| Land and buildings £ | Furniture, fittings and equipment £ | Other tangible assets £ | Total £
Cost or valuation
At 1 July 2024 | 182,432 | 126,130 | 8,932 | 317,494
Additions | - | 2,142 | - | 2,142
At 30 June 2025 | 182,432 | 128,272 | 8,932 | 319,636
Depreciation
At 1 July 2024 | 77,737 | 80,375 | 8,614 | 166,726
Charge for the year | 18,243 | 5,002 | 32 | 23,277
At 30 June 2025 | 95,980 | 85,377 | 8,646 | 190,003
Carrying amount
At 30 June 2025 | 86,452 | 42,895 | 286 | 129,633
At 30 June 2024 | 104,695 | 45,755 | 318 | 150,768

Included within the net book value of land and buildings above is £86,451 (2024 - £104,694) in respect of short leasehold land and buildings.

4 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 988,114 | 1,274,633
Prepayments | 302,859 | 334,304
Other debtors | 94,889 | 137,592
| 1,385,862 | 1,746,529

Careerlink Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

5 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 46,919 | 55,703
Amounts owed to group undertakings and undertakings in which the company has a participating interest |  | 390,360 | 451,279
Taxation and social security |  | 664,911 | 650,136
Accruals and deferred income |  | 407,058 | 431,287
Other creditors |  | 564,995 | 549,006
|  | 2,074,243 | 2,137,411

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | 10,510 | 20,755

6 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 9 | 9 | 9 | 9
Ordinary of £1 each | 1 | 1 | 1 | 1
| 10 | 10 | 10 | 10

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 10,510 | 20,755

Careerlink Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

8 | Dividends

| 2025 | 2024
| £ | £
Interim dividend of £30,000.00 (2024 - £43,166.00) per ordinary share | 300,000 | 431,665

9 | Parent and ultimate parent undertaking

The company's immediate parent is Careerlink Holdings Limited, incorporated in United Kingdom.