Company No: 10817837 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	1,396		2,407
Tangible assets	4	41		136
		1,437		2,543
Current assets
Debtors	5	113,031		536,445
Cash at bank and in hand		119,322		71,537
		232,353		607,982
Creditors: amounts falling due within one year	6	( 143,807)		( 544,628)
Net current assets		88,546		63,354
Total assets less current liabilities		89,983		65,897
Net assets		89,983		65,897
Capital and reserves
Called-up share capital	7	10,000		10,000
Share premium account		36,000		36,000
Profit and loss account		43,983		19,897
Total shareholders' funds		89,983		65,897

For the financial year ending 31 March 2026 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 financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of CRG Tec Limited (registered number: 10817837) were approved and authorised for issue by the Board of Directors on 13 May 2026. They were signed on its behalf by:

S Morris Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

CRG Tec Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Office 634 The Plaza, 100 Old Hall Street, Liverpool, L3 9QJ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Temporary Placements
Revenue from temporary, or contract, placements is recognised at the point in time when the candidate provides services, upon receipt of a client-approved timesheet or equivalent proof of time worked. Timing differences between the receipt of a client-approved timesheet and the raising of an invoice are recognised as accrued income. The company has assessed its use of third-party providers to supply candidates for placements under the agent or principle criteria and has determined that it is the principle on the grounds that it retains primary responsibility for provision of the services.

Permanent Placements
Revenue from permanent placements, which is based on a percentage of the candidates remuneration package, is recognised when candidates commence employment, which is the point at which the performance obligation of the contract is considered met. Some permanent placements are subject to a 'clawback' period whereby if a candidate leaves within a set period of starting employment, the customer is entitled to a rebate subject to the company's terms and conditions. Provisions as a reduction to revenue are recognised for such arrangements if material. Based on historical data, such rebated are infrequent and immaterial.

Taxation

Current tax
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.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Computer software

4 years straight line

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

4 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	6		6

3. Intangible assets

	Computer software		Total
	£		£
Cost
At 01 April 2025	20,043		20,043
At 31 March 2026	20,043		20,043
Accumulated amortisation
At 01 April 2025	17,636		17,636
Charge for the financial year	1,011		1,011
At 31 March 2026	18,647		18,647
Net book value
At 31 March 2026	1,396		1,396
At 31 March 2025	2,407		2,407

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2025	870		870
At 31 March 2026	870		870
Accumulated depreciation
At 01 April 2025	734		734
Charge for the financial year	95		95
At 31 March 2026	829		829
Net book value
At 31 March 2026	41		41
At 31 March 2025	136		136

5. Debtors

	2026		2025
	£		£
Trade debtors	0		465,374
Prepayments and accrued income	84,340		68,673
Other debtors	28,691		2,398
	113,031		536,445

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	1,330		29,210
Accruals	41,812		124,364
Taxation and social security	100,665		58,827
Other creditors	0		332,227
	143,807		544,628

7. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
6,000 A ordinary shares of £ 1.00 each	6,000		6,000
2,000 B ordinary shares of £ 1.00 each	2,000		2,000
2,000 C ordinary shares of £ 1.00 each	2,000		2,000
	10,000		10,000

8. Financial commitments

Other financial commitments

	2026		2025
	£		£
Commitments in respect of premise - 2 mths rental notice period	3,300		19,800