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REGISTERED NUMBER: 11168550 (England and Wales)
















Unaudited Financial Statements

for the year ended

31 December 2021

for

Retiring Talent Acquisition Limited

Retiring Talent Acquisition Limited (Registered number: 11168550)






Contents of the Financial Statements
for the year ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Retiring Talent Acquisition Limited

Company Information
for the year ended 31 December 2021







DIRECTORS: S C Hagues
B D Spratt





REGISTERED OFFICE: Unit 6 Highfield Business Park
Kearsley Road
Ripon
North Yorkshire
HG4 2RN





REGISTERED NUMBER: 11168550 (England and Wales)





ACCOUNTANTS: Clive Owen LLP
Chartered Accountants
Oak Tree House, Harwood Road
Northminster Business Park
Upper Poppleton
York
YO26 6QU

Retiring Talent Acquisition Limited (Registered number: 11168550)

Balance Sheet
31 December 2021

2021 2020
Notes £    £   
CURRENT ASSETS
Debtors 4 66,876 30,032
Cash at bank 28 22
66,904 30,054
CREDITORS
Amounts falling due within one year 5 52,569 1,869
NET CURRENT ASSETS 14,335 28,185
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,335

28,185

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 14,235 28,085
SHAREHOLDERS' FUNDS 14,335 28,185

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2022 and were signed on its behalf by:





S C Hagues - Director


Retiring Talent Acquisition Limited (Registered number: 11168550)

Notes to the Financial Statements
for the year ended 31 December 2021

1. STATUTORY INFORMATION

Retiring Talent Acquisition 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.

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 been consistently applied within the same accounts.

Related party exemption
All transactions entered into with companies under common control were concluded under normal market conditions, therefore no further disclosure is necessary in accordance with FRS102 section 1A.

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group nor transactions with directors conducted at a market rate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income recognition
Income is recognised when a contract for the sale of services is determined as unconditional.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Retiring Talent Acquisition Limited (Registered number: 11168550)

Notes to the Financial Statements - continued
for the year ended 31 December 2021

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 1,200 -
Amounts owed by group undertakings 65,676 29,732
VAT - 300
66,876 30,032

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Social security and other taxes 52,019 1,349
Accrued expenses 550 520
52,569 1,869

6. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2021 2020
value: £    £   
95 A Ordinary £1 95 95
5 B Ordinary £1 5 5
100 100

7. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Foundation Resourcing Limited, a private company, limited by shares, registered in England and Wales. The company's registered office is Unit 6 Highfield Business Park, Kearsley Road, Ripon, North Yorkshire, HG4 2RN.