REGISTERED NUMBER: 00660268 (England and Wales)

Sammons Recruitment Ltd

Unaudited Financial Statements for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms S Bergin-McCarthy

Mr M R Smith

Miss H F Smith

Ms C C Gwyer

REGISTERED OFFICE:

55 Havelock Road

Hastings

East Sussex

TN34 1BE

REGISTERED NUMBER:

00660268 (England and Wales)

ACCOUNTANTS:

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

FIXED ASSETS

Intangible assets

4

3,355

8,339

Tangible assets

5

9,958

18,290

13,313

26,629

CURRENT ASSETS

Debtors

6

2,786,132

2,700,306

Cash at bank and in hand

17,881

13,512

2,804,013

2,713,818

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

7

1,926,159

1,747,959

NET CURRENT ASSETS

877,854

965,859

TOTAL ASSETS LESS CURRENT LIABILITIES

891,167

992,488

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

8

(233,334

)

(366,667

)

PROVISIONS FOR LIABILITIES

(17,000

)

(17,000

)

NET ASSETS

640,833

608,821

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

640,733

608,721

SHAREHOLDERS' FUNDS

640,833

608,821

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Profit and Loss Account 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:

Mr M R Smith - Director

Miss H F Smith - Director

1.	STATUTORY INFORMATION

Sammons Recruitment Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Revenue recognition

Turnover represents revenue, net of VAT, from commercial transactions under which the company supplies customers the services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those services. This also excludes rebates, discounts and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

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.

Improvements to property

-

25% on cost

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other parties, and loans to related parties.

Debt instruments that are payable or receivable within one year, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received; other debt instruments are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the balance sheet only when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 contibutes to defined contribution pension schemes on behalf of employees. Contributions payable to the pension schemes are charged to profit or loss in the period to which they relate.

Provisions

Provisions are recognised when the company has a legal or constructive present obligation 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 obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the reporting date, taking into account the risks and uncertainties surrounding the obligation. Where the effect of the time value of money is material, the amount expected to be required to settle the obligation is recognised at present value. When a provision is measured at present value, the unwinding of the discount is recognised as a finance cost in the profit or loss in the period in which it arises.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 November 2024

and 31 October 2025

40,169

AMORTISATION

At 1 November 2024

31,830

Amortisation for year

4,984

At 31 October 2025

36,814

NET BOOK VALUE

At 31 October 2025

3,355

At 31 October 2024

8,339

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 November 2024

14,000

41,066

4,945

60,011

Additions

-

-

1,395

1,395

At 31 October 2025

14,000

41,066

6,340

61,406

DEPRECIATION

At 1 November 2024

11,083

27,996

2,642

41,721

Charge for year

2,917

6,098

712

9,727

At 31 October 2025

14,000

34,094

3,354

51,448

NET BOOK VALUE

At 31 October 2025

-

6,972

2,986

9,958

At 31 October 2024

2,917

13,070

2,303

18,290

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

111,098

116,272

Amounts owed by group undertakings

2,613,328

2,570,354

Other debtors

61,706

13,680

2,786,132

2,700,306

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

133,333

133,333

Trade creditors

3,070

10,173

Amounts owed to group undertakings

1,531,455

1,337,356

Taxation and social security

118,392

122,695

Other creditors

139,909

144,402

1,926,159

1,747,959

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

233,334

366,667

9.	SECURED DEBTS

Borrowings included in other creditors are secured by way of a fixed and floating charge dated 23 June 2022 over all assets of the company.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

30

Ordinary A

£1

30

30

51

Ordinary B

£1

51

51

19

Ordinary C

£1

19

19

100

100

Each class of share ranks pari passu in all respects.

11.	OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £34,800 (2024 - £17,400) and are in respect of property leases.

12.	ULTIMATE PARENT COMPANY

The company's parent company is Sammons Recruitment Group Ltd, whose registered office is 55 Havelock Road, Hastings, East Sussex, TN34 1BE.