REGISTERED NUMBER: 13584008 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Gearing Recruitment Solutions Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Bestall

S J Gearing

J King

REGISTERED OFFICE:

F2, East Court

South Park Business Village

Enterprise Road

Maidstone

Kent

ME15 6JF

REGISTERED NUMBER:

13584008 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

4

2,266

1,523

CURRENT ASSETS

Debtors

5

1,073,740

850,328

Cash at bank

27,135

33,721

1,100,875

884,049

CREDITORS

Amounts falling due within one year

6

1,051,173

884,799

NET CURRENT ASSETS/(LIABILITIES)

49,702

(750

)

TOTAL ASSETS LESS CURRENT LIABILITIES

51,968

773

PROVISIONS FOR LIABILITIES

430

289

NET ASSETS

51,538

484

CAPITAL AND RESERVES

Called up share capital

202

202

Retained earnings

51,336

282

SHAREHOLDERS' FUNDS

51,538

484

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2026 and were signed on its behalf by:

S Bestall - Director

1.	STATUTORY INFORMATION

Gearing Recruitment Solutions 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.

Tangible fixed assets

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

Computer equipment

-

25% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2025 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

2,239

Additions

1,527

At 31 March 2026

3,766

DEPRECIATION

At 1 April 2025

716

Charge for year

784

At 31 March 2026

1,500

NET BOOK VALUE

At 31 March 2026

2,266

At 31 March 2025

1,523

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade debtors

853,883

834,399

Other debtors

219,857

15,929

1,073,740

850,328

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Trade creditors

111,527

1,234

Taxation and social security

91,608

79,025

Other creditors

848,038

804,540

1,051,173

884,799

7.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Quba Solutions Limited

-

744,692

Close Brother Trust Account

546,877

-

546,877

744,692

Quba Solutions Limited created a charge dated 16 May 2022. This charge was satisfied 29 September 2025.

Close Brother Limited created a charge dated 1 September 2025.