Priority Recruitment Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08182873 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Priority Recruitment Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S M Roberts

A M Roberts

K Smithson

REGISTERED OFFICE:

Unit 1

Millbrook Business Park Mill Lane

Rainford

St Helens

Merseyside

WA11 8LZ

REGISTERED NUMBER:

08182873 (England and Wales)

ACCOUNTANTS:

Myersons

Chartered Accountants

32 Derby Street

Ormskirk

Lancashire

L39 2BY

FIXED ASSETS

Tangible assets

4

7,036

5,685

Investments

5

5,243

-

12,279

5,685

CURRENT ASSETS

Debtors

6

265,614

286,554

Cash at bank

135,232

71,758

400,846

358,312

CREDITORS

Amounts falling due within one year

7

435,301

398,906

NET CURRENT LIABILITIES

(34,455

)

(40,594

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

(22,176

)

(34,909

)

CAPITAL AND RESERVES

Called up share capital

500

Retained earnings

(22,676

)

(35,409

)

SHAREHOLDERS' FUNDS

(22,176

)

(34,909

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 16 July 2026 and were signed on its behalf by:

S M Roberts - Director

1.	STATUTORY INFORMATION

Priority Recruitment Services 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.

Tangible fixed assets

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

Short leasehold

-

20% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

20% on cost

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Computer

leasehold

fittings

equipment

Totals

£

COST

At 1 January 2025

2,534

19,144

13,214

34,892

Additions

-

3,333

At 31 December 2025

2,534

19,144

16,547

38,225

DEPRECIATION

At 1 January 2025

2,534

19,060

7,613

29,207

Charge for year

-

41

1,941

1,982

At 31 December 2025

2,534

19,101

9,554

31,189

NET BOOK VALUE

At 31 December 2025

-

43

6,993

7,036

At 31 December 2024

-

84

5,601

5,685

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

Additions

5,243

At 31 December 2025

5,243

NET BOOK VALUE

At 31 December 2025

5,243

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

245,473

264,706

Other debtors

500

Directors' current accounts

1,184

Tax

2,213

Prepayments and accrued income

16,244

17,951

265,614

286,554

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

57,452

70,610

Tax

3,374

9,212

Social security and other taxes

14,857

11,463

VAT

130,568

42,355

Other creditors

2,899

7,924

Inter-company loan account

138,000

Directors' current accounts

-

30,333

Accruals and deferred income

88,151

89,009

435,301

398,906

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

Within one year

49,218

Between one and five years

56,250

101,250

105,468

150,468

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.12.24

£

A M Roberts

Balance outstanding at start of year

-

Amounts advanced

1,184

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

1,184

-

10.	RELATED PARTY DISCLOSURES

Amounts owed to associated companies at the balance sheet date are £138,000 (2024: £138,000.)

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is S M Roberts.