Franklin Fitch Recruitment Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 08552268

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,005		33,130

			24,005		33,130
CURRENT ASSETS
Debtors	5	413,421		231,767
Cash at bank and in hand		614,479		677,998

		1,027,900		909,765
Creditors: Amounts Falling Due Within One Year	6	(229,074 )		(174,124 )

NET CURRENT ASSETS (LIABILITIES)			798,826		735,641

TOTAL ASSETS LESS CURRENT LIABILITIES			822,831		768,771

NET ASSETS			822,831		768,771

CAPITAL AND RESERVES
Called up share capital	7		101		101
Profit and Loss Account			822,730		768,670

SHAREHOLDERS' FUNDS			822,831		768,771

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Franklin Fitch Recruitment Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr David Annable

Director

01/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Franklin Fitch Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08552268 . The registered office is 1 Pickle Mews, London, SW9 0FJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

Straight line over 5 years

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Franklin Fitch Recruitment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2024: 21)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 December 2024	45,627

As at 30 November 2025	45,627

Depreciation
As at 1 December 2024	12,497
Provided during the period	9,125

As at 30 November 2025	21,622

Net Book Value
As at 30 November 2025	24,005

As at 1 December 2024	33,130

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	231,783	149,401
Prepayments and accrued income	2,343	19,896
Other debtors	15,758	16,175
VAT	14,747	32,857
Amounts owed by related parties	148,790	13,438

	413,421	231,767

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Franklin Fitch Recruitment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,222	3,714
Corporation tax	68,545	68,482
Other taxes and social security	39,637	3,036
Other creditors	-	3,675
Accruals and deferred income	65,720	45,922
Amounts owed to related parties	51,950	49,295

	229,074	174,124

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	101	101

8. Related Party Transactions

The company is part of a group of companies under common control.

During the year, the company had transactions with the following related parties:

• Ovalwood Limited

• Franklin Fitch Limited

• Franklin Fitch Inc

• Franklin Fitch GmbH

• Franklin Fitch Recruitment Contract Limited

No transactions were undertaken with Epcot Properties during the year.

The company enters into transactions with related parties in respect of recharges of central overheads, including payroll, shared staff costs and other administrative expenses, and the allocation of revenue in relation to shared placements across group entities.

These transactions are undertaken in the normal course of business and are conducted on an arm’s length basis.

At the year end, the company had the following balances with related parties:

Amounts owed by related parties:

• Franklin Fitch Inc – £148,790

Amounts owed to related parties:

• Franklin Fitch Limited – £51,950

All other related party balances were nil at the year end.

These balances are unsecured, interest-free and repayable on demand.

During the year to 30 November 2025 dividends of £130,000 (2024: £130,000) were paid to director S Ewer.

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