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REGISTERED NUMBER: 09156903 (England and Wales)












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: Miss S Boldy





REGISTERED OFFICE: 49a Eldon Street North
Barnsley
South Yorkshire
S71 1LF





REGISTERED NUMBER: 09156903 (England and Wales)





ACCOUNTANTS: Gibson Booth Limited
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 2,881 1,251

CURRENT ASSETS
Debtors 5 18,200 13,423
Cash at bank 26,062 18,788
44,262 32,211
CREDITORS
Amounts falling due within one year 6 46,946 37,867
NET CURRENT LIABILITIES (2,684 ) (5,656 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

197

(4,405

)

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 9 196 (4,406 )
SHAREHOLDERS' FUNDS 197 (4,405 )

ELITE RECRUITMENT SERVICES (UK) LIMITED (REGISTERED NUMBER: 09156903)

BALANCE SHEET - continued
31 AUGUST 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 13 November 2018 and were
signed by:





Miss S Boldy - Director


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 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.

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

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 78 (2017 - 64 ) .

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 2,650 2,359 5,009
Additions 1,492 1,313 2,805
At 31 August 2018 4,142 3,672 7,814
DEPRECIATION
At 1 September 2017 1,629 2,129 3,758
Charge for year 806 369 1,175
At 31 August 2018 2,435 2,498 4,933
NET BOOK VALUE
At 31 August 2018 1,707 1,174 2,881
At 31 August 2017 1,021 230 1,251

5. DEBTORS LESS THAN ONE YEAR
31.8.18 31.8.17
£    £   
Trade debtors 14,114 9,277
Other debtors 500 -
Directors' current accounts 353 3,866
Prepayments and accrued income 3,233 280
18,200 13,423

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.18 31.8.17
£    £   
Corporation tax 6,724 -
Social security and other taxes 39 1,926
VAT 32,066 25,161
Other creditors 97 -
Accruals and deferred income 8,020 10,780
46,946 37,867

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 332 -
Between one and five years 1,245 -
1,577 -

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.18 31.8.17
value: £    £   
1 Ordinary £1 1 1

9. RESERVES
Retained
earnings
£   

At 1 September 2017 (4,406 )
Profit for the year 26,602
Dividends (22,000 )
At 31 August 2018 196

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
£    £   
Miss S Boldy
Balance outstanding at start of year 3,866 17,975
Amounts advanced 86,013 65,196
Amounts repaid (89,526 ) (79,305 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 353 3,866