REGISTERED NUMBER: 05284021 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

ResourceiT Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J T Simpson

M A Simpson

SECRETARY:

Mrs J T Simpson

REGISTERED OFFICE:

First Floor Unit 4

Elmwood

Crockford Lane, Chineham Business Park

Basingstoke

Hampshire

RG24 8WG

REGISTERED NUMBER:

05284021 (England and Wales)

ACCOUNTANTS:

Lane Monnington Welton

Chartered Accountants

Riverside View

Basing Road

Old Basing

Basingstoke

Hampshire

RG24 7AL

FIXED ASSETS

Tangible assets

4

4,505

6,771

CURRENT ASSETS

Debtors

5

922,345

845,168

Cash at bank and in hand

692,337

596,133

1,614,682

1,441,301

CREDITORS

Amounts falling due within one year

6

832,688

930,715

NET CURRENT ASSETS

781,994

510,586

TOTAL ASSETS LESS CURRENT LIABILITIES

786,499

517,357

PROVISIONS FOR LIABILITIES

8

-

287

NET ASSETS

786,499

517,070

CAPITAL AND RESERVES

Called up share capital

9

167

167

Capital redemption reserve

33

33

Retained earnings

786,299

516,870

SHAREHOLDERS' FUNDS

786,499

517,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2026 and were signed on its behalf by:

M A Simpson - Director

1.	STATUTORY INFORMATION

ResourceiT Consulting 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

33% on cost

Computer equipment

-

33% on cost

Financial instruments

Debtors and creditors payable/receivable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Impairment

Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2025 - 20 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2025

112,948

25,092

138,040

Additions

-

4,242

4,242

Disposals

-

(4,652

)

(4,652

)

At 31 May 2026

112,948

24,682

137,630

DEPRECIATION

At 1 June 2025

111,819

19,450

131,269

Charge for year

1,129

5,379

6,508

Eliminated on disposal

-

(4,652

)

(4,652

)

At 31 May 2026

112,948

20,177

133,125

NET BOOK VALUE

At 31 May 2026

-

4,505

4,505

At 31 May 2025

1,129

5,642

6,771

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

403,298

446,588

Other debtors

519,047

398,580

922,345

845,168

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

81,208

293

Taxation and social security

148,831

181,529

Other creditors

602,649

748,893

832,688

930,715

7.	LEASING AGREEMENTS

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

31.5.26

31.5.25

£

£

Within one year

45,747

45,747

Between one and five years

182,988

182,988

In more than five years

45,747

91,494

274,482

320,229

8.	PROVISIONS FOR LIABILITIES

31.5.26

31.5.25

£

£

Deferred tax

Accelerated capital allowances

-

287

Deferred

tax

£

Balance at 1 June 2025

287

Provided during year

(287

)

Balance at 31 May 2026

-

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.26

31.5.25

value:

£

£

16,700

Ordinary A

0.01

167

167

10.	SHARE OPTION SCHEME

The company operates a share option plan for selected employees of the company. The options vest on the occurrence of a sale of the company and may be exercised within the period beginning with the date of sale and ending 90 days thereafter and shall lapse and cease to be exercisable at the end of that period.

If the options remain unexercised after a period of 10 years from the date of grant, the options expire. Options may not be exercised if the employee leaves the company before the options vest except where the Board permits it under certain clauses or the employment terminates for certain reasons.