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COMPANY REGISTRATION NUMBER: 04301078

R E Personnel Limited

Filleted Financial Statements

31 July 2025

R E Personnel Limited

Financial Statements

Year ended 31 July 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 2

R E Personnel Limited

Statement of Financial Position

31 July 2025

| 2025 | 2024
Note | £ | £

Current assets

Debtors | 5 | 576 | 1,733
Cash at bank and in hand | 2,048 | 14,599
| ------- | --------
| 2,624 | 16,332

Creditors: amounts falling due within one year | 6 | 26,363 | 33,725
| -------- | --------
Net current liabilities | 23,739 | 17,393
| -------- | --------
Total assets less current liabilities | ( 23,739) | ( 17,393)
| -------- | --------
Net liabilities | ( 23,739) | ( 17,393)
| -------- | --------

Capital and reserves

Called up share capital | 100 | 100
Capital redemption reserve | 1 | 1
Profit and loss account | ( 23,840) | ( 17,494)
| -------- | --------
Shareholders deficit | ( 23,739) | ( 17,393)
| -------- | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 4 March 2026 , and are signed on behalf of the board by:

Mr J Gibbs
Director

Company registration number: 04301078

R E Personnel Limited

Notes to the Financial Statements

Year ended 31 July 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Manor Park Place, Rutherford Way, Cheltenham, Gloucestershire, GL51 9TU.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
As it is the intention of the directors to wind the company up the accounts have been prepared on a basis other than going concern. All assets have been impaired to their recoverable amounts and liabilities are all shown as falling due within 1 year.
Going concern
The contract being serviced by this company was terminated in September 2022 due to the commercials not being favourable. The contract was novated across to another agency at the back end of September/early October. On the back of this service provision ceasing, the company will be closed down.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arose when the business was incorporated, and is classified as an asset on the balance sheet and amortised over its useful economic life. In the opinion of the directors that useful economic life is ten years. The useful economic life is reviewed at the end of each reporting period and revised if necessary.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Intangible assets

| Goodwill
| £
Cost |
At 1 August 2024 and 31 July 2025 | 250,000
| ---------
Amortisation |
At 1 August 2024 and 31 July 2025 | 250,000
| ---------
Carrying amount |
At 31 July 2025 | –
| ---------
At 31 July 2024 | –
| ---------

5. Debtors

| 2025 | 2024
| £ | £
Trade debtors | – | 1,403
Other debtors | 576 | 330
| ---- | -------
| 576 | 1,733
| ---- | -------

6. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 9,640 | 19,908
Trade creditors | 2,856 | –
Other creditors | 50 | –
Other creditors | 13,817 | 13,817
| -------- | --------
| 26,363 | 33,725
| -------- | --------

The bank overdraft is secured by a fixed and floating charge over all of the company's assets.
7. Summary audit opinion
The auditor's report dated 4 March 2026 was unqualified .
The senior statutory auditor was James Harper FCA , for and on behalf of Harper Sheldon Limited .
8. Controlling party
With effect from 30th October 2020 the company became a wholly owned subsidiary of Partners in Recruitment Group Limited, a company registered in England and Wales.