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Company Registration No. 05442911 (England and Wales)
FOUNDATION RESOURCING LIMITED
Financial Statements
for the Period from 01 January 2025 to 31 December 2025

FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

CONTENTS PAGE
Company Information 2
Statement of Financial Position 3
Notes to the Accounts 4
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Company Information

Company Details
Company Number 05442911
Registered Office UNIT 6 HIGHFIELD BUSINESS PARK
KEARSLEY ROAD
RIPON
NORTH YORKSHIRE
HG4 2RN
Directors
Directors who held office during the period were:
Stephen Charles HAGUES   
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Statement of Financial Position

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Notes 2025 2024
£ £
Fixed Assets
Tangible assets 5 147,617 197,772
Investments 6 202 202
Current Assets
Debtors due 6,477,614 4,105,937
Cash at bank and in hand 1,127,723 1,578,934
7,605,337 5,684,871
Creditors
Amount falling due within one year (7,151,371) (5,273,164)
Net Current Assets 453,966 411,707
Total Assets less current liabilities 601,785 609,681
Creditors due after more than one year (734) -
Net Assets 601,051 609,681
Capital and Reserves
Called up Share Capital 1,000 1,000
Retained earnings at end of year 600,051 608,681
Shareholder funds 601,051 609,681
For the year ending 31/12/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).
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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 10 September 2026
Stephen Hagues
Company Registration No. 05442911
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

1. Statutory Information
FOUNDATION RESOURCING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05442911.
2. Accounting Policies
Basis of preparing the Financial Statements
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

Current Tax
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extend it related 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 substantially enacted by the balance sheet date.
Tangible Fixed Asset Policy
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful lifeFreehold property - 2% on costMotor vehicles - 25% reducing balanceComputer equipment - 25% reducing balance.
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

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 substantially 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.
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2025 5
2024 5
4. Principal Activity
The principal activity of the company in the year under review was that of employment placement services.
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

5. Fixed Assets
Motor Vehicles Computer Equipment Total
Cost or valuation £ £ £
At 01/01/2025 241,102 108,651 349,753
Additions - 604 604
At 31/12/2025 241,102 109,255 350,357
Depreciation
At 01/01/2025 73,485 78,496 151,981
Charge for the year 41,903 8,856 50,759
At 31/12/2025 115,388 87,352 202,740
Net Book Value
At 31/12/2025 125,714 21,903 147,617
At 31/12/2024 167,617 30,155 197,772
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FOUNDATION RESOURCING LIMITED

Financial Statements for the period ending 31 December 2025

Notes to the Accounts

6. Investments
Investments in Subsidiaries Other Investments - Listed Other Investments -Unlisted Total
£ £ £ £
Valuation at 01/01/2025 - - 202 202
Additions - - - -
Disposals - - - -
Adjustments - - - -
Valuation at 31/12/2025 - - 202 202
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