Company registration number 08208029 (England and Wales)
NOW RECRUIT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
NOW RECRUIT LTD
BALANCE SHEET
AS AT
31 MARCH 2022
31 March 2022
- 1 -
2022
2021
£
£
£
£
Fixed assets
2,241
3,252
Current assets
186,332
76,511
Prepayments and accrued income
73,516
26,051
Creditors: amounts falling due within one year
(42,342)
(33,080)
Net current assets
217,506
69,482
Total assets less current liabilities
219,747
72,734
Creditors: amounts falling due after more than one year
(31,667)
(41,667)
Accruals and deferred income
(168,195)
(30,813)
Net assets
19,885
254
Capital and reserves
19,885
254
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
The directors of the company had a loan accounts with the company against which personal expenditure and drawings may be charged. The loan accounts were overdrawn on 1 April 2021 by £12,911 and overdrawn at 31 March 2022 by £12,011. During this period cash advances totalling £34,266 were made and personal expenditure totalling £396 was met on behalf of the directors. During the same period cash repayments totalling £20,000 were received and the loan account was credited with business expenditure paid personally totalling £2,490 and reinvested dividends of £13,072. During the period the maximum overdrawn balances on the loans were £15,241.
This loan was unsecured and no interest was charged by the company on this advance.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2022
2021
Number
Number
Employees
2
2
Now Recruit Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Room F6, City Labs, 5-6 Dalton Square, Lancaster, LA1 1PP.
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
NOW RECRUIT LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2022
31 March 2022
- 2 -
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105: The Financial Reporting Standard applicable to the Micro-entities Regime and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The financial statements were approved by the board of directors and authorised for issue on 5 September 2022 and are signed on its behalf by:
Mr J T Stanborough
Director
Company Registration Number 08208029