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REGISTERED NUMBER: 08863182 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

AGILE RECRUITMENT LTD

AGILE RECRUITMENT LTD (REGISTERED NUMBER: 08863182)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


AGILE RECRUITMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTORS: J P Webley
S Whiting





REGISTERED OFFICE: Bloc
17 Marble Street
Manchester
M2 3AW





REGISTERED NUMBER: 08863182 (England and Wales)





ACCOUNTANTS: Percy Westhead & Company
Chartered Accountants
Hanover House
30-32 Charlotte Street
Manchester
M1 4FD

AGILE RECRUITMENT LTD (REGISTERED NUMBER: 08863182)

BALANCE SHEET
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,537 4,032
Investments 5 100 100
5,637 4,132

CURRENT ASSETS
Debtors 6 238,225 428,744
Cash at bank 58,443 171,514
296,668 600,258
CREDITORS
Amounts falling due within one year 7 231,491 453,037
NET CURRENT ASSETS 65,177 147,221
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,814

151,353

CREDITORS
Amounts falling due after more than one
year

8

28,330

38,333
NET ASSETS 42,484 113,020

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 42,184 112,720
SHAREHOLDERS' FUNDS 42,484 113,020

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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.

AGILE RECRUITMENT LTD (REGISTERED NUMBER: 08863182)

BALANCE SHEET - continued
31ST MARCH 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st November 2023 and were signed on its behalf by:





J P Webley - Director


AGILE RECRUITMENT LTD (REGISTERED NUMBER: 08863182)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2023

1. STATUTORY INFORMATION

Agile Recruitment Ltd 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 presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Agile Recruitment Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Revenue from the placement of candidates is measured at the consideration receivable which equates to the invoiced amounts, excluding value added tax and net of allowances for credits and rebates.

Invoices for the placement of candidates are raised on the basis of contract terms which have been agreed by the customer and revenue is recognised in the profit and loss account on completion of specific deliverables.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

AGILE RECRUITMENT LTD (REGISTERED NUMBER: 08863182)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2022 3,606 14,742 18,348
Additions 115 3,957 4,072
At 31st March 2023 3,721 18,699 22,420
DEPRECIATION
At 1st April 2022 3,523 10,793 14,316
Charge for year 89 2,478 2,567
At 31st March 2023 3,612 13,271 16,883
NET BOOK VALUE
At 31st March 2023 109 5,428 5,537
At 31st March 2022 83 3,949 4,032

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st April 2022
and 31st March 2023 100
NET BOOK VALUE
At 31st March 2023 100
At 31st March 2022 100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 179,910 339,394
Other debtors 2,665 17,632
Directors' loan accounts - 15,000
Corporation tax - 4,124
Prepayments and accrued income 55,650 52,594
238,225 428,744

AGILE RECRUITMENT LTD (REGISTERED NUMBER: 08863182)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 120,651 241,733
Corporation tax 5,257 -
Social security and other taxes 9,774 8,633
VAT 49,624 60,016
Other creditors 907 231
Accrued expenses 35,278 132,424
231,491 453,037

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 18,330 28,333
28,330 38,333

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 11,833 9,951
Between one and five years 48,434 57,085
60,267 67,036

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31st March 2023 and 31st March 2022:

2023 2022
£    £   
S Whiting
Balance outstanding at start of year 15,000 -
Amounts advanced - 15,000
Amounts repaid (15,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 15,000

Advances to a director attract interest at 2.5%

11. RELATED PARTY DISCLOSURES

A loan advance of £15,000 was made to Mr O Lewis, a company shareholder. The amount outstanding as at 31st March 2023 was £Nil (2022: £15,000). The loan advance attracts interest at 2.5%.