Company registration number 09368937 (England and Wales)
FOUNDATION PERSONNEL LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
PAGES FOR FILING WITH REGISTRAR
FOUNDATION PERSONNEL LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
FOUNDATION PERSONNEL LTD
BALANCE SHEET
AS AT 31 DECEMBER 2025
31 December 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
23,255
27,645
Current assets
Debtors
4
686,563
388,327
Cash at bank and in hand
1,468,406
1,105,757
2,154,969
1,494,084
Creditors: amounts falling due within one year
5
(928,798)
(547,524)
Net current assets
1,226,171
946,560
Total assets less current liabilities
1,249,426
974,205
Creditors: amounts falling due after more than one year
6
-
0
(6,667)
Provisions for liabilities
(5,532)
(2,221)
Net assets
1,243,894
965,317
Capital and reserves
Called up share capital
156
156
Profit and loss reserves
1,243,738
965,161
Total equity
1,243,894
965,317
FOUNDATION PERSONNEL LTD
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2025
31 December 2025
- 2 -

For the financial year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 12 May 2026 and are signed on its behalf by:
Mr William James
Director
Company registration number 09368937 (England and Wales)
FOUNDATION PERSONNEL LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
- 3 -
1
Accounting policies
Company information

Foundation Personnel Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1st Floor, 27 Shirwell Crescent, Furzton Lake, MILTON KEYNES, Buckinghamshire, England, MK4 1GA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33% straight line
Computers
33% straight line
Motor vehicles
33% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.5
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

FOUNDATION PERSONNEL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
20
18
3
Tangible fixed assets
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 January 2025
6,016
25,511
21,233
52,760
Additions
-
0
8,284
-
0
8,284
Disposals
(3,357)
(2,210)
-
0
(5,567)
At 31 December 2025
2,659
31,585
21,233
55,477
Depreciation and impairment
At 1 January 2025
4,923
9,273
10,919
25,115
Depreciation charged in the year
610
8,660
3,404
12,674
Eliminated in respect of disposals
(3,357)
(2,210)
-
0
(5,567)
At 31 December 2025
2,176
15,723
14,323
32,222
Carrying amount
At 31 December 2025
483
15,862
6,910
23,255
At 31 December 2024
1,093
16,238
10,314
27,645
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
333,618
213,453
Other debtors
352,945
174,874
686,563
388,327
FOUNDATION PERSONNEL LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2025
- 5 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
6,667
10,000
Trade creditors
305,511
195,853
Corporation tax
163,147
111,960
Other taxation and social security
178,266
100,541
Other creditors
275,207
129,170
928,798
547,524
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
6,667
7
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Foundation Personnel Inc.

A 100% subsidiary.

A Loan of £121,832 was advanced to Foundation Personnel Inc. during the period, and was outstanding at the year end.

No interest was charged.

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