2022-04-01 2023-03-31 false Capium Accounts Production 1.1 06858800 bus:AbridgedAccounts 2022-04-01 2023-03-31 06858800 bus:FRS102 2022-04-01 2023-03-31 06858800 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06858800 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 06858800 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 06858800 2022-04-01 2023-03-31 06858800 2023-03-31 06858800 bus:RegisteredOffice 2022-04-01 2023-03-31 06858800 core:WithinOneYear 2023-03-31 06858800 core:AfterOneYear 2023-03-31 06858800 bus:Director1 2022-04-01 2023-03-31 06858800 bus:Director1 2023-03-31 06858800 bus:Director1 2021-04-01 2022-03-31 06858800 bus:Director2 2022-04-01 2023-03-31 06858800 bus:Director2 2023-03-31 06858800 bus:Director2 2021-04-01 2022-03-31 06858800 bus:Director3 2022-04-01 2023-03-31 06858800 bus:Director3 2023-03-31 06858800 bus:Director3 2021-04-01 2022-03-31 06858800 bus:Director4 2022-04-01 2023-03-31 06858800 bus:Director4 2023-03-31 06858800 bus:Director4 2021-04-01 2022-03-31 06858800 2021-04-01 06858800 bus:CompanySecretary1 2022-04-01 2023-03-31 06858800 bus:LeadAgentIfApplicable 2022-04-01 2023-03-31 06858800 2021-04-01 2022-03-31 06858800 2022-03-31 06858800 core:WithinOneYear 2022-03-31 06858800 core:AfterOneYear 2022-03-31 06858800 bus:EntityAccountantsOrAuditors 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 06858800 bus:OrdinaryShareClass1 2023-03-31 06858800 bus:OrdinaryShareClass1 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass1 2022-03-31 06858800 bus:OrdinaryShareClass2 2022-04-01 2023-03-31 06858800 bus:OrdinaryShareClass2 2023-03-31 06858800 bus:OrdinaryShareClass2 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass2 2022-03-31 06858800 bus:OrdinaryShareClass4 2022-04-01 2023-03-31 06858800 bus:OrdinaryShareClass4 2023-03-31 06858800 bus:OrdinaryShareClass4 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass4 2022-03-31 06858800 bus:OrdinaryShareClass5 2022-04-01 2023-03-31 06858800 bus:OrdinaryShareClass5 2023-03-31 06858800 bus:OrdinaryShareClass5 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass5 2022-03-31 06858800 bus:OrdinaryShareClass6 2022-04-01 2023-03-31 06858800 bus:OrdinaryShareClass6 2023-03-31 06858800 bus:OrdinaryShareClass6 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass6 2022-03-31 06858800 bus:OrdinaryShareClass7 2022-04-01 2023-03-31 06858800 bus:OrdinaryShareClass7 2023-03-31 06858800 bus:OrdinaryShareClass7 2021-04-01 2022-03-31 06858800 bus:OrdinaryShareClass7 2022-03-31 06858800 core:MotorCars 2022-04-01 2023-03-31 06858800 core:MotorCars 2023-03-31 06858800 core:MotorCars 2022-03-31 06858800 core:FurnitureFittings 2022-04-01 2023-03-31 06858800 core:FurnitureFittings 2023-03-31 06858800 core:FurnitureFittings 2022-03-31 06858800 core:ComputerEquipment 2022-04-01 2023-03-31 06858800 core:ComputerEquipment 2023-03-31 06858800 core:ComputerEquipment 2022-03-31 06858800 core:LandBuildings 2022-04-01 2023-03-31 06858800 core:LandBuildings 2023-03-31 06858800 core:LandBuildings 2022-03-31 06858800 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 06858800 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-03-31 06858800 core:OtherResidualIntangibleAssets 2022-04-01 2023-03-31 06858800 core:OtherResidualIntangibleAssets 2023-03-31 06858800 core:OtherResidualIntangibleAssets 2022-03-31 06858800 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 06858800 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 06858800 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 06858800 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 06858800 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-03-31 06858800 core:Non-currentFinancialInstruments 2023-03-31 06858800 core:Non-currentFinancialInstruments 2022-03-31 06858800 core:ShareCapital 2023-03-31 06858800 core:ShareCapital 2022-03-31 06858800 core:RetainedEarningsAccumulatedLosses 2023-03-31 06858800 core:RetainedEarningsAccumulatedLosses 2022-03-31 06858800 dpl:Item1 2022-04-01 06858800 dpl:Item1 2023-03-31 06858800 dpl:Item1 2021-04-01 06858800 dpl:Item1 2022-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 06858800
England and Wales

 

 

 

BLUEWOOD RECRUITMENT LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2022

End date: 31 March 2023
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bluewood Recruitment Ltd for the year ended 31 March 2023.


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bluewood Recruitment Ltd for the year ended 31 March 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.


This report is made solely to the Board of Directors of Bluewood Recruitment Ltd, as a body, in accordance with the terms of our engagement letter dated 04th October 2017. Our work has been undertaken solely to prepare for your approval the accounts of Bluewood Recruitment Ltd and state those matters that we have agreed to state to the Board of Directors of Bluewood Recruitment Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bluewood Recruitment Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Bluewood Recruitment Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bluewood Recruitment Ltd. You consider that Bluewood Recruitment Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bluewood Recruitment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the year ended 31 March 2023.



....................................................
aa Chartered Accountants
Fenlake House,
Fenlake Business Centre,
Fengate,
Peterborough,
PE1 5BQ
04 October 2023
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Intangible fixed assets 4 22,433    35,783 
Tangible fixed assets 5 165,149    219,175 
Investments 6 56,000    55,584 
243,582    310,542 
Current assets      
Debtors: amounts falling due within one year 73,415    432,155 
Cash at bank and in hand 537,436    406,224 
610,851    838,379 
Creditors: amount falling due within one year (111,666)   (223,883)
Net current assets 499,185    614,496 
 
Total assets less current liabilities 742,767    925,038 
Creditors: amount falling due after more than one year (26,517)   (45,031)
Provisions for liabilities (15,054)   (12,815)
Net assets 701,196    867,192 
 

Capital and reserves
     
Called up share capital 7 200    200 
Fair Value Reserves 8   82 
Profit and loss account 700,996    866,910 
Shareholder's funds 701,196    867,192 
 


For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  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 accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 04 October 2023 and were signed on its behalf by:


-------------------------------
Richard Stevens
Director
-------------------------------
Jasbinder Singh Tambar
Director
2
General Information
Bluewood Recruitment Ltd is a private company, limited by shares, registered in England and Wales, registration number 06858800, registration address Ground floor, 95 London Road, Leicester, LE2 0PF.
The accounts are presented in GBP.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover comprises the invoiced value services supplied by the company.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

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.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings 10% Straight Line
Motor Vehicles 20% Straight Line
Fixtures and Fittings 15% Reducing Balance
Computer Equipment 33% Straight Line
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Assets on finance lease and hire purchase
Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
Financial instruments
During the year an interest free loan was advanced by the director-shareholder of the company. The accounting for this financing transaction in given in note 12.
2.

Average number of employees


Average number of employees during the year was 150 (2022 : 171).
3.

Financial Commitments, Guarantees and Contingencies

The company has future operating lease commitments of £3,200 

4.

Intangible fixed assets

Cost Other   Total
  £   £
At 01 April 2022 35,783    35,783 
Additions  
Disposals  
Revaluations (13,350)   (13,350)
At 31 March 2023 22,433    22,433 
Amortisation
At 01 April 2022  
Charge for year  
On disposals  
At 31 March 2023  
Net book values
At 31 March 2023 22,433    22,433 
At 31 March 2022 35,783    35,783 


5.

Tangible fixed assets

Cost or valuation Motor Vehicles   Fixtures and Fittings   Computer Equipment   Land and Buildings   Total
  £   £   £   £   £
At 01 April 2022 174,359    64,306    32,842    117,515    389,022 
Additions 3,018      2,652      5,670 
Disposals       (5,000)   (5,000)
At 31 March 2023 177,377    64,306    35,494    112,515    389,692 
Depreciation
At 01 April 2022 38,460    37,534    26,498    67,355    169,847 
Charge for year 35,083    4,016    4,387    11,251    54,737 
On disposals       (41)   (41)
At 31 March 2023 73,543    41,550    30,885    78,565    224,543 
Net book values
Closing balance as at 31 March 2023 103,834    22,756    4,609    33,950    165,149 
Opening balance as at 01 April 2022 135,899    26,772    6,344    50,160    219,175 

The net book value of Land and Buildings includes £ 33,950 (2022 £50,160) in respect of assets leased under finance leases or hire purchase contracts.

6.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 April 2022 55,584    55,584 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
Revaluations 416    416 
At 31 March 2023 56,000    56,000 

7.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
80 ORDINARY shares of £1.00 each 80    80 
5 Class A shares of £1.00 each  
15 Class B shares of £1.00 each 15    15 
42 Class C shares of £1.00 each 42    42 
42 Class D shares of £1.00 each 42    42 
16 Class E shares of £1.00 each 16    16 
200    200 

8.

Fair Value Reserves

2023
£
  2022
£
Fair Value Reserve (82)   (6,993)
Fair Value Reserve b/fwd 82    7,075 
  82 

3