REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
FOR |
ELITE RECRUITMENT SERVICES (UK) LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
FOR |
ELITE RECRUITMENT SERVICES (UK) LIMITED |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ELITE RECRUITMENT SERVICES (UK) LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 AUGUST 2018 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
12 Victoria Road |
Barnsley |
South Yorkshire |
S70 2BB |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
BALANCE SHEET |
31 AUGUST 2018 |
31.8.18 | 31.8.17 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Retained earnings | 9 | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
BALANCE SHEET - continued |
31 AUGUST 2018 |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved for issue by the director on signed by: |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 AUGUST 2018 |
1. | STATUTORY INFORMATION |
Elite Recruitment Services (UK) Limited is a |
England and Wales. The company's registered number and registered office address can be |
found on the Company Information page. |
The financial statements are presented in sterling which is the functional currency of the |
company and rounded to the nearest pound. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Significant judgements and estimates |
No judgements have been made in the process of applying the below accounting policies that |
have had the most significant effect on amounts recognised in the financial statements. |
There are no key assumptions concerning the future and other key sources of estimation |
uncertainty at the reporting date that have a significant risk of causing material adjustment to |
the carrying amounts of assets and liabilities within the next financial year. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable net of VAT |
and trade discounts. |
Tangible fixed assets |
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated |
depreciation and accumulated impairment losses. Cost includes costs directly attributable to |
making the asset capable of operating as intended. |
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, |
less estimated residual value, of each asset on a systematic basis over its expected useful life |
as follows: |
Fixtures and Fittings | - 25% on cost |
Computer Equipment | - 33% on cost |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2018 |
2. | ACCOUNTING POLICIES - continued |
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. |
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. |
Operating lease agreements |
Amounts payable under operating leases are charged to the profit and loss account in the |
period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2018 |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
and | Computer |
fittings | equipment | Totals |
£ | £ | £ |
COST |
At 1 September 2017 |
Additions |
At 31 August 2018 |
DEPRECIATION |
At 1 September 2017 |
Charge for year |
At 31 August 2018 |
NET BOOK VALUE |
At 31 August 2018 |
At 31 August 2017 |
5. | DEBTORS LESS THAN ONE YEAR |
31.8.18 | 31.8.17 |
£ | £ |
Trade debtors |
Other debtors |
Directors' current accounts |
Prepayments and accrued income |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.8.18 | 31.8.17 |
£ | £ |
Corporation tax |
Social security and other taxes |
VAT |
Other creditors |
Accruals and deferred income |
ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 31 AUGUST 2018 |
7. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31.8.18 | 31.8.17 |
£ | £ |
Within one year |
Between one and five years |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 31.8.18 | 31.8.17 |
value: | £ | £ |
Ordinary | £1 | 1 | 1 |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 September 2017 | ( |
) |
Profit for the year |
Dividends | ( |
) |
At 31 August 2018 |
10. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
The following advances and credits to a director subsisted during the years ended |
31 August 2018 and 31 August 2017: |
31.8.18 | 31.8.17 |
£ | £ |
Balance outstanding at start of year |
Amounts advanced |
Amounts repaid | ( |
) | ( |
) |
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |