Company No: 15922068 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.12.2025
		£
Fixed assets
Tangible assets	3	3,648
		3,648
Current assets
Debtors	4	250,024
Cash at bank and in hand	5	162,846
		412,870
Creditors: amounts falling due within one year	6	( 222,044)
Net current assets		190,826
Total assets less current liabilities		194,474
Provision for liabilities	7, 8	( 912)
Net assets		193,562
Capital and reserves
Called-up share capital	9	200
Profit and loss account		193,362
Total shareholders' funds		193,562

For the financial period ending 31 December 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 financial statements for the financial period 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 Denison Nunn Limited (registered number: 15922068) were approved and authorised for issue by the Board of Directors on 14 May 2026. They were signed on its behalf by:

Mr J F Denison Director

1. Accounting policies

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

General information and basis of accounting

Denison Nunn 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 Fleming Court, Leigh Road, Eastleigh, SO50 9PD, United Kingdom. The principal place of business is 2-4 Packhorse Road, Gerrards Cross, Buckinghamshire, SL9 7QE.

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 company amended its year end to 31 December shortly after incorporation. These accounts are for the period from incorporation, 28 August 2024, to the first accounting reference date 31 December 2025.

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

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

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.

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

3 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

	Period from 28.08.2024 to 31.12.2025
	Number
Monthly average number of persons employed by the Company during the period, including directors	6

3. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 28 August 2024	0		0
Additions	3,709		3,709
At 31 December 2025	3,709		3,709
Accumulated depreciation
At 28 August 2024	0		0
Charge for the financial period	61		61
At 31 December 2025	61		61
Net book value
At 31 December 2025	3,648		3,648

4. Debtors

	31.12.2025
	£
Trade debtors	112,511
Accrued income	119,873
Other debtors	17,640
	250,024

5. Cash and cash equivalents

	31.12.2025
	£
Cash at bank and in hand	162,846

6. Creditors: amounts falling due within one year

	31.12.2025
	£
Trade creditors	2,489
Amounts owed to directors	149
Accruals	98,147
Taxation and social security	120,753
Other creditors	506
	222,044

7. Provision for liabilities

	31.12.2025
	£
Deferred tax	912

	Deferred taxation		Total
	£		£
At 28 August 2024	0		0
Charged to the Statement of Income and Retained Earnings	912		912
At 31 December 2025	912		912

Deferred tax

	31.12.2025
	£
Accelerated capital allowances	912
Provision for deferred tax	912

8. Deferred tax

	31.12.2025
	£
At the beginning of financial period	0
Charged to the Statement of Income and Retained Earnings	( 912)
At the end of financial period	( 912)

9. Called-up share capital

	31.12.2025
	£
Allotted, called-up and fully-paid
100 A ordinary shares of £ 1.00 each	100
100 B ordinary shares of £ 1.00 each	100
	200

10. Financial commitments

Other financial commitments

	31.12.2025
	£
Premise commitment	8,044