REGISTERED NUMBER: 10900179 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Dare Recruit Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M T Neilan

Mrs K Neilan

REGISTERED OFFICE:

Room 501

DMC01

County Way

Barnsley

South Yorkshire

S70 2JW

REGISTERED NUMBER:

10900179 (England and Wales)

ACCOUNTANTS:

Finoptus Consulting Limited

Room 501

DMC 01

County Way

Barnsley

South Yorkshire

S70 2JW

FIXED ASSETS

Tangible assets

4

5,344

3,509

Investments

5

31,981

36,308

37,325

39,817

CURRENT ASSETS

Debtors

6

61,028

287,319

Cash at bank

177,028

100,760

238,056

388,079

CREDITORS

Amounts falling due within one year

7

13,756

15,700

NET CURRENT ASSETS

224,300

372,379

TOTAL ASSETS LESS CURRENT LIABILITIES

261,625

412,196

PROVISIONS FOR LIABILITIES

1,336

-

NET ASSETS

260,289

412,196

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

260,287

412,194

260,289

412,196

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

M T Neilan - Director

1.	STATUTORY INFORMATION

Dare Recruit Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from consultancy services, and is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Where the amount of revenue is contingent on future events, this is only recognised where the amount of revenue can be measured reliably and it is probable that the economic benefits will be received. When this cannot be estimated reliably, turnover is only recognised to the extent of recoverable expenses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment - 33% straight line

Furniture & Fixtures - 33% straight line

Taxation

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Fixed asset investments

Investments in unlisted company shares, which have been classified as fixed asset investments as the Company intends to hold them on a continuing basis, are initially recognised at cost. They are subsequently measured at cost less impairment.

Loans made to to participating interests are initially measured at cost. They are subsequently measured at cost, minus any repayments of the principal, less any reduction for impairment or uncollectability.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 September 2024

5,055

2,706

7,761

Additions

5,044

274

5,318

At 31 August 2025

10,099

2,980

13,079

DEPRECIATION

At 1 September 2024

1,966

2,286

4,252

Charge for year

3,135

348

3,483

At 31 August 2025

5,101

2,634

7,735

NET BOOK VALUE

At 31 August 2025

4,998

346

5,344

At 31 August 2024

3,089

420

3,509

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Participating interests

110

110

Loans to undertakings in which the company has a participating interest

31,871

36,198

31,981

36,308

Additional information is as follows:

Interest

in other

participating

interests

£

COST

At 1 September 2024

and 31 August 2025

110

NET BOOK VALUE

At 31 August 2025

110

At 31 August 2024

110

Loans to

other

participating

interests

£

At 1 September 2024

36,198

New in year

24,034

Repayment in year

(14,382

)

Other movement

(13,979

)

At 31 August 2025

31,871

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

20,028

6,832

Other debtors

41,000

280,487

61,028

287,319

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

4,501

11,168

Taxation and social security

7,965

4,293

Other creditors

1,290

239

13,756

15,700

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

M T Neilan

Balance outstanding at start of year

213,281

55,207

Amounts advanced

3,906

219,109

Amounts repaid

(217,187

)

(61,035

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

213,281