Silverfin false 28/02/2023 01/03/2022 28/02/2023 L S Ashdown 06/09/2018 D Lampin 06/09/2018 N F Quilter 06/09/2018 B C Scully 06/09/2018 01 November 2023 no description of principal activity 11555039 2023-02-28 11555039 bus:Director1 2023-02-28 11555039 bus:Director2 2023-02-28 11555039 bus:Director3 2023-02-28 11555039 bus:Director4 2023-02-28 11555039 core:CurrentFinancialInstruments 2023-02-28 11555039 core:CurrentFinancialInstruments 2022-02-28 11555039 2022-02-28 11555039 core:ShareCapital 2023-02-28 11555039 core:ShareCapital 2022-02-28 11555039 core:RetainedEarningsAccumulatedLosses 2023-02-28 11555039 core:RetainedEarningsAccumulatedLosses 2022-02-28 11555039 2022-03-01 2023-02-28 11555039 bus:FullAccounts 2022-03-01 2023-02-28 11555039 bus:SmallEntities 2022-03-01 2023-02-28 11555039 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 11555039 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 11555039 bus:Director1 2022-03-01 2023-02-28 11555039 bus:Director2 2022-03-01 2023-02-28 11555039 bus:Director3 2022-03-01 2023-02-28 11555039 bus:Director4 2022-03-01 2023-02-28 11555039 2021-03-01 2022-02-28 iso4217:GBP xbrli:pure

Company No: 11555039 (England and Wales)

LEMON TREE RECRUIT LTD

Unaudited Financial Statements
For the financial year ended 28 February 2023
Pages for filing with the registrar

LEMON TREE RECRUIT LTD

Unaudited Financial Statements

For the financial year ended 28 February 2023

Contents

LEMON TREE RECRUIT LTD

BALANCE SHEET

As at 28 February 2023
LEMON TREE RECRUIT LTD

BALANCE SHEET (continued)

As at 28 February 2023
2023 2022
£ £
Current assets
Debtors 3 7,411 11,230
Cash at bank and in hand 4,881 8,086
12,292 19,316
Creditors: amounts falling due within one year 4 ( 11,755) ( 18,070)
Net current assets 537 1,246
Total assets less current liabilities 537 1,246
Net assets 537 1,246
Capital and reserves
Called-up share capital 1 1
Profit and loss account 536 1,245
Total shareholders' funds 537 1,246

For the financial 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.

Directors' responsibilities:

The financial statements of Lemon Tree Recruit Ltd (registered number: 11555039) were approved and authorised for issue by the Director. They were signed on its behalf by:

B C Scully
Director

01 November 2023

LEMON TREE RECRUIT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
LEMON TREE RECRUIT LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 28 February 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Lemon Tree Recruit Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 78 Claydon Business Park, Ipswich, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 4 4

3. Debtors

2023 2022
£ £
Trade debtors 4,000 8,880
Amounts owed by Group undertakings 2,348 2,348
Other debtors 1,063 2
7,411 11,230

4. Creditors: amounts falling due within one year

2023 2022
£ £
Amounts owed to directors 0 58
Accruals 2,000 1,960
Corporation tax 8,096 12,438
Other taxation and social security 1,659 3,614
11,755 18,070

5. Related party transactions

Included in other debtors is a balance due from a director of £1,062 (2022: £Nil). The balance is interest-free, unsecured and repayable on demand.