REGISTERED NUMBER: 13661362 (England and Wales)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

PRECISION RECRUITMENT GROUP LTD

Page

Company Information

1

Report of the Directors

2

Statement of Financial Position

3

to

4

Notes to the Financial Statements

5

to

9

DIRECTORS:

Mr C Bennion

Mrs B Neary

REGISTERED OFFICE:

Spotland Bridge Mill

Mellor Street

Rochdale

Greater Manchester

OL11 5BU

BUSINESS ADDRESS:

Spotland Bridge Mill

Mellor Street

Rochdale

OL11 5BU

REGISTERED NUMBER:

13661362 (England and Wales)

ACCOUNTANTS:

Cadishead Accountancy Services Limited

Britannic House

657 Liverpool Road

Irlam

Manchester

Lancashire

M44 5XD

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of temporary employment agency activities

DIRECTOR

Mr C Bennion held office during the whole of the period from 1 January 2025 to the date of this report.

Other changes in directors holding office are as follows:

Mrs B Neary was appointed as a director after 31 December 2025 but prior to the date of this report.

The beneficial interests of the director holding office at 31 December 2025 in the shares of the company, according to the register of directors' interests, were as follows:

31.12.25

1.1.25

Ordinary shares of £1.00 each

1

1

did not hold any beneficial interests in the Class A shares of £1 each.

He did not hold any non-beneficial interests in any of the shares of the company.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr C Bennion - Director

21 September 2026

FIXED ASSETS

Intangible assets

4

590

1,299

Tangible assets

5

33,614

40,690

34,204

41,989

CURRENT ASSETS

Debtors

6

9,105

11,855

Cash at bank and in hand

46,200

63,327

55,305

75,182

CREDITORS

Amounts falling due within one year

7

(33,732

)

(37,132

)

NET CURRENT ASSETS

21,573

38,050

TOTAL ASSETS LESS CURRENT LIABILITIES

55,777

80,039

CREDITORS

Amounts falling due after more than one year

8

(30,193

)

(35,951

)

PROVISIONS FOR LIABILITIES

(6,499

)

(8,977

)

NET ASSETS

19,085

35,111

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

19,083

35,109

SHAREHOLDERS' FUNDS

19,085

35,111

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 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 21 September 2026 and were signed on its behalf by:

Mr C Bennion - Director

Mrs B Neary - Director

1.	STATUTORY INFORMATION

Precision Recruitment Group 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.

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.

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 five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 January 2025

and 31 December 2025

3,543

AMORTISATION

At 1 January 2025

2,244

Amortisation for year

709

At 31 December 2025

2,953

NET BOOK VALUE

At 31 December 2025

590

At 31 December 2024

1,299

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2025

44,010

3,484

47,494

Additions

-

3,504

3,504

At 31 December 2025

44,010

6,988

50,998

DEPRECIATION

At 1 January 2025

5,501

1,303

6,804

Charge for year

9,627

953

10,580

At 31 December 2025

15,128

2,256

17,384

NET BOOK VALUE

At 31 December 2025

28,882

4,732

33,614

At 31 December 2024

38,509

2,181

40,690

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

44,010

DEPRECIATION

At 1 January 2025

5,501

Charge for year

9,627

At 31 December 2025

15,128

NET BOOK VALUE

At 31 December 2025

28,882

At 31 December 2024

38,509

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

126

757

Other debtors

8,979

11,098

9,105

11,855

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 9)

5,759

4,680

Trade creditors

1,088

1,078

Taxation and social security

13,836

26,720

Other creditors

13,049

4,654

33,732

37,132

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Hire purchase contracts (see note 9)

30,193

35,951

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.12.25

31.12.24

£

£

Gross obligations repayable:

Within one year

8,321

8,321

Between one and five years

32,088

40,408

40,409

48,729

Finance charges repayable:

Within one year

2,562

3,641

Between one and five years

1,895

4,457

4,457

8,098

Net obligations repayable:

Within one year

5,759

4,680

Between one and five years

30,193

35,951

35,952

40,631

Non-cancellable

operating leases

31.12.25

31.12.24

£

£

Within one year

6,440

6,680

Between one and five years

12,160

18,239

18,600

24,919

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Hire purchase contracts

35,952

40,631

The Hire Purchase agreements are secured on the assets to which they relate.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr C Bennion.