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Company Registration No. 09995374 (England and Wales)
RECRUITERWEB LIMITED Unaudited accounts for the year ended 28 February 2023
RECRUITERWEB LIMITED Unaudited accounts Contents
Page
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RECRUITERWEB LIMITED Company Information for the year ended 28 February 2023
Director
REVELL, Darren Lee
Company Number
09995374 (England and Wales)
Registered Office
28 BRICK KILN LANE SHEPSHED LOUGHBOROUGH LE12 9EL ENGLAND
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RECRUITERWEB LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
475,254 
500,267 
Tangible assets
1,034 
1,551 
476,288 
501,818 
Current assets
Debtors
(18,996)
344 
Cash at bank and in hand
27,615 
30,579 
8,619 
30,923 
Creditors: amounts falling due within one year
(89,675)
(75,434)
Net current liabilities
(81,056)
(44,511)
Total assets less current liabilities
395,232 
457,307 
Creditors: amounts falling due after more than one year
13,680 
(5,059)
Net assets
408,912 
452,248 
Capital and reserves
Called up share capital
3 
2 
Revaluation reserve
247,050 
247,050 
Profit and loss account
161,859 
205,196 
Shareholders' funds
408,912 
452,248 
For the year ending 28 February 2023 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 director acknowledges his 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 and authorised for issue on 18 October 2023 and were signed on its behalf by
REVELL, Darren Lee Director Company Registration No. 09995374
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RECRUITERWEB LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
RECRUITERWEB LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09995374. The registered office is 28 BRICK KILN LANE, SHEPSHED, LOUGHBOROUGH, LE12 9EL, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation of FInancial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006
Tangible fixed assets and depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer equipment
33%
Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are Software. It is amortised to the profit and loss account over its estimated economic life of 20 years. As at 28 February 2019, the intellectual property was revalued at fair value and accumulated depreciation has been revered to the Profit and Loss account in accordance with FRS 102.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 March 2022
607,050 
At 28 February 2023
607,050 
Amortisation
At 1 March 2022
106,783 
Charge for the year
25,013 
At 28 February 2023
131,796 
Net book value
At 28 February 2023
475,254 
At 28 February 2022
500,267 
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RECRUITERWEB LIMITED Notes to the Accounts for the year ended 28 February 2023
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2022
10,545 
At 28 February 2023
10,545 
Depreciation
At 1 March 2022
8,994 
Charge for the year
517 
At 28 February 2023
9,511 
Net book value
At 28 February 2023
1,034 
At 28 February 2022
1,551 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
86,759 
93,986 
Accrued income and prepayments
(105,755)
(93,642)
(18,996)
344 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
50,805 
50,805 
VAT
6,190 
3,841 
Trade creditors
- 
(1)
Taxes and social security
32,680 
20,789 
89,675 
75,434 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
55,226 
67,820 
Loans from directors
(68,906)
(62,761)
(13,680)
5,059 
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
2 
Shares issued during the period:
1 Ordinary shares of £1 each
1 
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RECRUITERWEB LIMITED Notes to the Accounts for the year ended 28 February 2023
10
Loans to directors
Included within Creditors are the following loans to directors: The above loan is unsecured, interest free and repayable on demand. Dividends paid to directors and shareholders: Mr Darren Revell - £40,517 Mrs Karen Revell - £7,750 Mr Scott Ravell - £14,250
11
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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