REGISTERED NUMBER: 03550887 (England and Wales)

for

Page

Company Information  

1

Strategic Report  

2

Report of the Directors  

5

Chartered Certified Accountants' Report  

6

Balance Sheet  

7

Notes to the Financial Statements

9

DIRECTORS:

Mr J Evans

Mrs S E Evans

REGISTERED OFFICE:

3 Railway Court

Ten Pound Walk

Doncaster

South Yorkshire

DN4 5FB

REGISTERED NUMBER:

03550887 (England and Wales)

ACCOUNTANTS:

Royston Parkin Limited

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

Business Review

Discovery is a workforce solutions provider, partnering with organisations to attract, develop and retain the people they need to perform. Our services are delivered across two pillars: Workforce Strategy and Talent Execution, and Workforce Performance Transformation.

What sets Discovery apart is our proven methodology, developed and refined over more than 25 years of delivery across a wide range of sectors and markets. Most providers specialise in either recruitment or development. Discovery integrates both, together with a diagnostic capability that identifies the root causes of workforce and performance challenges before solutions are designed.

This single, structured approach connects diagnosis, workforce strategy, talent acquisition, capability development and performance improvement. Built on decades of practical experience and supported by a suite of proprietary tools, our methodology ensures that solutions are shaped by a clear understanding of each client's needs, and that the insight informing who a client hires also shapes how those people are developed, led and retained.

This gives clients one trusted partner across the entire workforce lifecycle, and delivers more consistent and sustainable outcomes than a fragmented, multi-supplier approach.

The year was shaped by a challenging external environment. A change of government, followed by significant and continuing shifts in employment, skills and fiscal policy, contributed to weak economic conditions across the UK.

Business confidence was subdued throughout the period, and many clients responded by delaying or reducing their investment in recruitment and people development.

The directors responded decisively by reshaping the business around its most valuable and sustainable activities. The most significant of these was the commercial decision to withdraw from apprenticeship delivery.

Increasing regulatory burden, repeated changes to funding rules and high delivery costs mean that apprenticeships only generate acceptable returns when delivered at volume scale.

Revenue for the year was in line with the directors' expectations following this planned change in business mix. The decision removed a lower-margin, high-overhead activity from the business and released capacity to focus on higher-value workforce solutions.

The results of this strategy are clearly reflected in the company's gross margin, which increased significantly from 48.22% to 56.06%. This builds on the improvement reported in the prior year and demonstrates the effectiveness of the directors' decision to pursue only profitable, value-added business. It also reflects strong operational management, consistent delivery standards and the continued strength of our long-standing client relationships.

During the year the company made a deliberate strategic investment in developing its presence in the United States, laying the foundations for future growth in a market where demand for integrated workforce solutions is increasing.

These costs have been incurred ahead of the revenue they are expected to generate and, as a result, net profit for the year is lower than in the prior period. The directors view this as a planned investment in the long-term growth of the business.

Despite the challenging conditions, the directors are pleased with the performance of the company. The business has emerged from a period of significant economic and political instability leaner, more profitable at gross margin level, and well positioned for growth.

Principal Risks and Uncertainties

The business operates in a competitive and evolving landscape. The directors regularly review the company's risk exposure, with specific focus on the following areas:

- Economic and policy uncertainty: changes in government policy, taxation and employment regulation may affect client confidence and demand for our services. The decision to exit apprenticeships has reduced the company's exposure to government funding risk.

- Cash flow and debtor risk: particularly in relation to client payment cycles. This is managed through robust credit control and regular cash flow forecasting.

- Staffing and resource retention: ensuring we attract and retain talent aligned to our values and growth aspirations.   - Innovation pressure: maintaining competitive advantage in a technology-led market, which we address through continued investment in our methodology, tools and artificial intelligence.

Mitigating actions include robust financial controls, ongoing investment in people, and a clear focus on profitable, differentiated services that enhance resilience across different economic cycles.

Future Outlook

The directors are confident and excited about the future of the business, with a clear strategy for growth in both the UK and international markets.

The UK remains the foundation of the business and a key focus for continued investment. Having repositioned the company around higher-margin workforce solutions, we are well placed to grow our UK market share as organisations look for a trusted partner to help them navigate economic uncertainty, skills shortages and changing employment legislation.

Our pipeline remains healthy, supported by deep, long-standing client relationships and a strong reputation for quality and innovation. We will continue to invest in our UK team, our service offering and our delivery capability, while maintaining the commercial discipline that has driven the improvement in margin.

Alongside this, the United States represents a significant and exciting additional growth opportunity. American organisations are actively seeking sustainable, evidence-based solutions to their workforce challenges, and our integrated methodology is exceptionally well suited to meet that demand.

Success in the US will also strengthen the group as a whole, broadening our client base and reinforcing the value of the expertise developed in the UK.

Building on the strong UK platform and the foundations laid in the US during the year, the directors expect a significant uplift in performance during the next financial year.

We continue to invest in the ongoing development of our methodology, drawing on research, client feedback and the experience gained from every engagement.

This continuous refinement keeps our approach relevant to changing client needs and enables organisations to make better-informed decisions at every stage of the workforce lifecycle, from initial diagnosis through to recruitment, development and change.

Our investment in artificial intelligence remains a strategic priority. We are integrating AI across our tools and delivery model to increase the speed, depth and impact of our insights, ensuring our solutions remain evidence-based, scalable and adaptable to client needs.

ON BEHALF OF THE BOARD:

Mr J Evans - Director

24 September 2026

The directors present their report with the financial statements of the company for the period 1 July 2024 to 31 December 2025.  

PRINCIPAL ACTIVITY

DIRECTORS

The directors shown below have held office during the whole of the period from 1 July 2024 to the date of this report.

Mr J Evans

Mrs S E Evans

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 J Evans - Director

24 September 2026

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Discovery ADR Workforce Solutions UK & EMEA Limited for the period ended 31 December 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.  

This report is made solely to the Board of Directors of Discovery ADR Workforce Solutions UK & EMEA Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Discovery ADR Workforce Solutions UK & EMEA Limited and state those matters that we have agreed to state to the Board of Directors of Discovery ADR Workforce Solutions UK & EMEA Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at      

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.  

It is your duty to ensure that Discovery ADR Workforce Solutions UK & EMEA Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Discovery ADR Workforce Solutions UK & EMEA Limited. You consider that Discovery ADR Workforce Solutions UK & EMEA Limited is exempt from the statutory audit requirement for the period.    

We have not been instructed to carry out an audit or a review of the financial statements of Discovery ADR Workforce Solutions UK & EMEA Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.    

Royston Parkin Limited

2 President Buildings

Savile Street East

Sheffield

South Yorkshire

S4 7UQ

24 September 2026

FIXED ASSETS

Property, plant and equipment

5

29,825

41,480

CURRENT ASSETS

Debtors

6

1,362,349

1,517,863

Cash at bank

18,225

31,865

1,380,574

1,549,728

CREDITORS

Amounts falling due within one year

7

893,225

1,006,562

NET CURRENT ASSETS

487,349

543,166

TOTAL ASSETS LESS CURRENT

LIABILITIES

517,174

584,646

CREDITORS

Amounts falling due after more than

one year

8

(167,109

)

(186,079

)

PROVISIONS FOR LIABILITIES

(5,990

)

(9,271

)

NET ASSETS

344,075

389,296

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

344,065

389,286

344,075

389,296

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.  

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.  

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

Mr J Evans - Director

1.

STATUTORY INFORMATION

Discovery ADR Workforce Solutions UK & EMEA 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

Tangible fixed assets

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

Plant and machinery etc

-  

25% on reducing balance and 20% on reducing balance

Taxation

Deferred tax

Hire purchase and leasing commitments

Pension costs and other post-retirement benefits

3.

EMPLOYEES AND DIRECTORS

The average number of employees during the period was 8 (2024 - 10 ) .

4.

OPERATING PROFIT

The operating profit is stated after charging:

Period

1.7.24

to

Year Ended

31.12.25

30.6.24

£   

£   

Depreciation - owned assets

11,655

10,285

5.

PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£   

COST

At 1 July 2024

and 31 December 2025

260,028

DEPRECIATION

At 1 July 2024

218,548

Charge for period

11,655

At 31 December 2025

230,203

NET BOOK VALUE

At 31 December 2025

29,825

At 30 June 2024

41,480

6.

DEBTORS

2025

2024

£   

£   

Amounts falling due within one year:

Trade debtors

491,382

812,722

Other debtors

695,967

530,141

1,187,349

1,342,863

Amounts falling due after more than one year:

Other debtors

175,000

175,000

Aggregate amounts

1,362,349

1,517,863

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£   

£   

Bank loans and overdrafts

293,895

399,231

Trade creditors

177,663

168,679

Taxation and social security

227,447

283,329

Other creditors

194,220

155,323

893,225

1,006,562

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN

ONE YEAR

2025

2024

£   

£   

Bank loans

167,109

186,079

9.

DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2025 and the year ended 30 June 2024:

2025

2024

£   

£   

Mr J Evans and Mrs S E Evans

Balance outstanding at start of period

243,649

206,554

Amounts advanced

343,875

205,038

Amounts repaid

(199,687

)

(167,943

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

387,837

243,649