Direct Recruitment Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 02238421

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		5		537

			5		537
CURRENT ASSETS
Debtors	5	40,664		24,219
Cash at bank and in hand		93,525		142,487

		134,189		166,706
Creditors: Amounts Falling Due Within One Year	6	(48,415 )		(35,689 )

NET CURRENT ASSETS (LIABILITIES)			85,774		131,017

TOTAL ASSETS LESS CURRENT LIABILITIES			85,779		131,554

NET ASSETS			85,779		131,554

CAPITAL AND RESERVES
Called up share capital	7		33		33
Capital redemption reserve			66		66
Income Statement			85,680		131,455

SHAREHOLDERS' FUNDS			85,779		131,554

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Direct Recruitment Limited

Statement of Financial Position (continued)

As At 30 April 2026

For the year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Miss Sarah Bloomfield Director	Mrs Becky Postlethwaite Director
07/10/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Direct Recruitment Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02238421 . The registered office is 59-60 Russell Square, London, WC1B 4HP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

33% straight line

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 May 2025	5,921

As at 30 April 2026	5,921

Depreciation
As at 1 May 2025	5,384
Provided during the period	532

As at 30 April 2026	5,916

...CONTINUED

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Direct Recruitment Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2026

Net Book Value
As at 30 April 2026	5

As at 1 May 2025	537

5. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	32,987	16,125
Prepayments and accrued income	7,618	7,968
Other debtors	59	126

	40,664	24,219

6. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	6,509	6,180
Corporation tax	35,888	26,665
VAT	4,925	1,751
Accruals and deferred income	1,093	1,093

	48,415	35,689

7. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	33	33

8. Related Party Transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' not to disclose related party transactions with parent undertaking.

9. Ultimate Parent Undertaking and Controlling Party

The company's immediate and ultimate parent undertaking is SBP Recruitment Limited, a company incorporated in England and Wales. SBP Recruitment Limited owns 100% of the ordinary share capital of Direct Recruitment Limited and has taken advantage of the exemption under section 399(2A) of the Companies Act 2006 from preparing consolidated financial statements as the group qualifies as a small group.

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