Ashberry Recruitment Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—6

1. General Information

Ashberry Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07202591 . The registered office is Ground Floor, The Watermill, Broughton Hall Business Park, Skipton, North Yorkshire, BD23 3AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are prepared under the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

2.2. Turnover

Turnover is measured at the fair value of the consideration receivable for services rendered, net of discounts and Value Added Tax.

Permanent placement sales are invoiced and recognised once the candidate has been placed.

Temporary staff sales are invoiced and recognised on a weekly basis once the work has been carried out.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets represent bespoke computer software & website costs. They are amortised to the income statement over their estimated economic life of 5 years.

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:

Motor Vehicles	25% reducing balance
Fixtures & Fittings	15% reducing balance

2.5. Leasing and Hire Purchase Contracts

Lease payments are recognised as an expense over the lease term on a straight-line basis.

Assets acquired under hire purchase contracts are depreciated over their useful lives. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods.

The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2.6. Financial Instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Page 3

Page 4

Ashberry Recruitment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period.

Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

2.8. Pensions

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

2.9. Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

2.10. Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period is arises.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 19 (2025: 19)

4. Intangible Assets

	Other
	£
Cost
As at 1 April 2025	21,220

As at 31 March 2026	21,220

Amortisation
As at 1 April 2025	21,220

As at 31 March 2026	21,220

...CONTINUED

Page 4

Page 5

Ashberry Recruitment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 April 2025	67,379	112,743	180,122
Additions	23,325	2,464	25,789

As at 31 March 2026	90,704	115,207	205,911

Depreciation
As at 1 April 2025	36,983	82,860	119,843
Provided during the period	11,487	4,608	16,095

As at 31 March 2026	48,470	87,468	135,938

Net Book Value
As at 31 March 2026	42,234	27,739	69,973

As at 1 April 2025	30,396	29,883	60,279

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	649,326	721,637
Prepayments and accrued income	25,269	31,777
Directors' loan accounts	222,723	127,494

	897,318	880,908

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	8,316	9,713
Trade creditors	94,795	100,673
Corporation tax	109,208	105,893
Other taxes and social security	73,244	46,922
VAT	172,323	141,272
Net wages	44,228	39,548
Other creditors	389,158	419,395
Accruals and deferred income	9,426	15,516

	900,698	878,932

Included within other creditors is an amount of £389,158 (2025 - £419,395) attributable to an Invoice Factoring facility. This is secured by way of a fixed and floating charge over the assets and undertakings of the company, along with the book debts.

Included within creditors: amounts falling due within one year, are net obligations under hire purchase contracts of £8,316 (2025 - £9,713) which are secured against the assets to which they relate.

Page 5

Page 6

Ashberry Recruitment Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

8. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	29,710	22,435

Included within creditors: amounts falling due after more than one year, are net obligations under hire purchase contracts of £29,710 (2025 - £22,435) which are secured against the assets to which they relate.

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	27,167	17,000
Later than one year and not later than five years	57,583	11,333

	84,750	28,333

10. Pension Commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held seperately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £10,087 (2025 - £10,855).

Contributions totalling £nil (2025 - £nil) were payable to the fund at the year end, and are included in creditors: amounts falling due within one year.

11. Directors Advances, Credits and Guarantees

Included within other debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mrs Kate Mallinson	32,389	25,261	-	-	57,650
Mrs Jennifer Taylor	31,358	22,354	-	-	53,712
Mr Benjamin Mallinson	32,389	25,261	-	-	57,650
Mr Jason Taylor	31,358	22,354	-	-	53,712

The above loans are interest free and repayable on demand.

Page 6

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		69,973		60,279

			69,973		60,279
CURRENT ASSETS
Debtors	6	897,318		880,908
Cash at bank and in hand		13,687		3,431

		911,005		884,339
Creditors: Amounts Falling Due Within One Year	7	(900,698 )		(878,932 )

NET CURRENT ASSETS (LIABILITIES)			10,307		5,407

TOTAL ASSETS LESS CURRENT LIABILITIES			80,280		65,686

Creditors: Amounts Falling Due After More Than One Year	8		(29,710 )		(22,435 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(17,494 )		(15,070 )

NET ASSETS			33,076		28,181

CAPITAL AND RESERVES
Called up share capital			100		100
Income Statement			32,976		28,081

SHAREHOLDERS' FUNDS			33,076		28,181