Company Registration No. 09559320 (England and Wales)
STAFF GIANT SERVICES LTD
Unaudited accounts
for the year ended 31 July 2022
STAFF GIANT SERVICES LTD
Unaudited accounts
Contents
STAFF GIANT SERVICES LTD
Company Information
for the year ended 31 July 2022
Directors
Binju Asha Kurian
Robin Singh
Company Number
09559320 (England and Wales)
Registered Office
7 Bell Yard
London
WC2A 2JR
STAFF GIANT SERVICES LTD
Statement of financial position
as at 31 July 2022
Tangible assets
2,069
2,758
Cash at bank and in hand
161,973
79,862
Creditors: amounts falling due within one year
(199,314)
(16,322)
Net current assets
777,355
64,813
Total assets less current liabilities
779,424
67,571
Creditors: amounts falling due after more than one year
(78,333)
(38,334)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
700,550
28,606
Shareholders' funds
700,650
28,706
For the year ending 31 July 2022 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 17 April 2023 and were signed on its behalf by
Robin Singh
Director
Company Registration No. 09559320
STAFF GIANT SERVICES LTD
Notes to the Accounts
for the year ended 31 July 2022
STAFF GIANT SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 09559320. The registered office is 7 Bell Yard, London, WC2A 2JR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
During last year the company was in receipt of relief in respect of the Bounce Back Loan Scheme (BBLS). The Business Interruption Payment made by the government on behalf of the company has been brought in as a grant income and reflects the amounts relating to the financial year.
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Tangible fixed assets
Computer equipment
STAFF GIANT SERVICES LTD
Notes to the Accounts
for the year ended 31 July 2022
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
10,000
Taxes and social security
158,324
1,130
Other creditors
12,191
2,779
Loans from directors
11,781
1,243
7
Creditors: amounts falling due after more than one year
2022
2021
8
Guarantees provided on behalf of directors
The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from
Barclays Bank PLC
9
Transactions with related parties
The debtors include £809,992 due from companies under common control
The creditors include £50,000 due to a company under common control
10
Average number of employees
During the year the average number of employees was 6 (2021: 4).
