REGISTERED NUMBER: 02751272 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Point Professional Recruitment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms L S Rance

REGISTERED OFFICE:

102 High Street

Huntingdon

Cambridgeshire

PE29 3LH

REGISTERED NUMBER:

02751272 (England and Wales)

ACCOUNTANTS:

Xeinadin

Unit D

South Cambs Business Park

Sawston

Cambridge

Cambridgeshire

CB22 3JH

FIXED ASSETS

Intangible assets

4

2,532

3,375

Tangible assets

5

18,777

22,317

21,309

25,692

CURRENT ASSETS

Debtors

6

764,631

824,233

Cash at bank and in hand

426

31,020

765,057

855,253

CREDITORS

Amounts falling due within one year

7

689,892

733,392

NET CURRENT ASSETS

75,165

121,861

TOTAL ASSETS LESS CURRENT LIABILITIES

96,474

147,553

CREDITORS

Amounts falling due after more than one year

8

(3,698

)

(60,707

)

PROVISIONS FOR LIABILITIES

(5,327

)

-

NET ASSETS

87,449

86,846

CAPITAL AND RESERVES

Called up share capital

802

802

Retained earnings

86,647

86,044

87,449

86,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 25 November 2025 and were signed by:

W G Granger - Director

1.	STATUTORY INFORMATION

Point Professional 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 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.

Web devel costs are being amortised evenly over their estimated useful life of four years.

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 cost and 25% on reducing balance

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 115 (2023 - 109 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

16,973

AMORTISATION

At 1 January 2024

13,598

Charge for year

843

At 31 December 2024

14,441

NET BOOK VALUE

At 31 December 2024

2,532

At 31 December 2023

3,375

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

237,351

Additions

994

At 31 December 2024

238,345

DEPRECIATION

At 1 January 2024

215,034

Charge for year

4,534

At 31 December 2024

219,568

NET BOOK VALUE

At 31 December 2024

18,777

At 31 December 2023

22,317

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

426,981

500,569

Other debtors

337,650

323,664

764,631

824,233

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

406,040

443,959

Trade creditors

9,343

17,391

Taxation and social security

190,675

184,917

Other creditors

83,834

87,125

689,892

733,392

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

3,698

60,707

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

£

£

Ms L S Rance

Balance outstanding at start of year

254,460

237,902

Amounts advanced

16,795

76,792

Amounts repaid

(2,798

)

(60,234

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

268,457

254,460