REGISTERED NUMBER: 04452870 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

WORKSMART RECRUITMENT LIMITED

TRADING AS

TRAVAIL EMPLOYMENT GROUP

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

T M Esat

M F Esat

REGISTERED OFFICE:

167-169 Great Portland Street

5th Floor

London

W1W 5PF

REGISTERED NUMBER:

04452870 (England and Wales)

ACCOUNTANTS:

Dataday Accountability

Accountants & Businees Consultants

2 Seabraes Lane

Dundee

Angus

DD1 4AB

BANKERS:

Lloyds Bank Plc

Thavies Inn House

6 Holborn Circus

London

EC1N 2HP

FIXED ASSETS

Tangible assets

4

927

1,634

CURRENT ASSETS

Debtors

5

3,511

9,208

Cash at bank

1,501

2,000

5,012

11,208

CREDITORS

Amounts falling due within one year

6

(11,643

)

(16,688

)

NET CURRENT LIABILITIES

(6,631

)

(5,480

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,704

)

(3,846

)

CREDITORS

Amounts falling due after more than one year

7

(6,769

)

(6,122

)

NET LIABILITIES

(12,473

)

(9,968

)

CAPITAL AND RESERVES

Called up share capital

1,333

1,333

Share premium

9

24,669

24,669

Retained earnings

9

(38,475

)

(35,970

)

SHAREHOLDERS' FUNDS

(12,473

)

(9,968

)

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 22 September 2026 and were signed on its behalf by:

M F Esat - Director

1.	STATUTORY INFORMATION

Worksmart Recruitment 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

-

20% on cost

Motor vehicles

-

25% on cost

Office equipment

-

33% 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.

Going concern

The balance sheet at the end of the year recorded net liabilities totalling £12,473.

The company meets its day to day working capital requirements through funding from the principal shareholders. Assurances have been received from the shareholders that they will continue to provide financial support for at least 12 months from the date of signing the accounts. Additionally, the shareholders' loan accounts totalling £6,769 have been subordinated in favour of third party creditors.

Subject to the continuing availability of funding from the principal shareholder, the directors consider it appropriate to prepare the financial statements on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Office

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2025

3,003

5,000

6,539

14,542

Additions

-

-

400

400

At 31 December 2025

3,003

5,000

6,939

14,942

DEPRECIATION

At 1 January 2025

2,687

5,000

5,221

12,908

Charge for year

158

-

949

1,107

At 31 December 2025

2,845

5,000

6,170

14,015

NET BOOK VALUE

At 31 December 2025

158

-

769

927

At 31 December 2024

316

-

1,318

1,634

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Trade debtors

4,189

8,103

Trade Loan

(678

)

1,105

3,511

9,208

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/25

31/12/24

£

£

Bank loans and overdrafts

4,786

6,529

Trade creditors

854

2,412

Tax

-

5

Social security and other taxes

388

358

VAT

4,593

6,076

Net Wages

-

260

Pension contributions

72

98

Accrued expenses

950

950

11,643

16,688

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/25

31/12/24

£

£

Directors' accounts

6,769

6,122

8.	SECURED DEBTS

The following secured debts are included within creditors:

31/12/25

31/12/24

£

£

Bank overdrafts

4,786

6,529

The bank loan facilities have been secured in favour of the company's bankers by way of personal guarantees provided by the directors.

9.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 January 2025

(35,970

)

24,669

(11,301

)

Deficit for the year

(2,505

)

(2,505

)

At 31 December 2025

(38,475

)

24,669

(13,806

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the balance sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2014, set out on pages 3 to 9, and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

There was a net deficiency of assets of £12,473 at the balance sheet date. However, the directors have confirmed continued financial support for the company and consider the company retains sufficient working capital to continue trading for the foreseeable future.

Dataday Accountability

Accountants & Businees Consultants

2 Seabraes Lane

Dundee

Angus

DD1 4AB

22 September 2026