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REGISTERED NUMBER: 10051662 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2023

FOR

DEPT. OF RECRUITMENT LIMITED

DEPT. OF RECRUITMENT LIMITED (REGISTERED NUMBER: 10051662)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DEPT. OF RECRUITMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2023







DIRECTOR: G L Marshall





REGISTERED OFFICE: Portland House
11-13 Station Road
KETTERING
Northamptonshire
NN15 7HH





REGISTERED NUMBER: 10051662 (England and Wales)





ACCOUNTANTS: Bewers Turner & Co LLP
Chartered Accountants
Portland House
11-13 Station Road
Kettering
Northamptonshire
NN15 7HH

DEPT. OF RECRUITMENT LIMITED (REGISTERED NUMBER: 10051662)

BALANCE SHEET
30TH APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,875 3,138

CURRENT ASSETS
Debtors 5 394,259 301,044
Cash at bank 326,739 471,516
720,998 772,560
CREDITORS
Amounts falling due within one year 6 354,353 389,882
NET CURRENT ASSETS 366,645 382,678
TOTAL ASSETS LESS CURRENT
LIABILITIES

368,520

385,816

PROVISIONS FOR LIABILITIES 356 1,364
NET ASSETS 368,164 384,452

CAPITAL AND RESERVES
Called up share capital 50 100
Capital redemption reserve 50 -
Retained earnings 368,064 384,352
SHAREHOLDERS' FUNDS 368,164 384,452

DEPT. OF RECRUITMENT LIMITED (REGISTERED NUMBER: 10051662)

BALANCE SHEET - continued
30TH APRIL 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12th October 2023 and were signed by:





G L Marshall - Director


DEPT. OF RECRUITMENT LIMITED (REGISTERED NUMBER: 10051662)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2023


1. STATUTORY INFORMATION

Dept. of Recruitment 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The trading address is Low Farm, Easton Maudit, Wellingborough, Northants, NN29 7NR.

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.

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

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 reducing balance
Computer equipment - 33% on cost

Financial instruments
The company is party to only basic financial instruments such as cash, trade debtors and creditors and loans. Instruments such as trade debtors and trade creditors are initially recognised at their transaction cost and reviewed at the year end for impairment. Debt instruments not repayable on demand or due within one year, such as bank loans, are measured at amortised cost using the effective interest rate.

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.

DEPT. OF RECRUITMENT LIMITED (REGISTERED NUMBER: 10051662)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 87 (2022 - 159 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st May 2022
and 30th April 2023 1,824 3,876 5,700
DEPRECIATION
At 1st May 2022 735 1,827 2,562
Charge for year 218 1,045 1,263
At 30th April 2023 953 2,872 3,825
NET BOOK VALUE
At 30th April 2023 871 1,004 1,875
At 30th April 2022 1,089 2,049 3,138

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 370,887 221,162
Other debtors - 28,642
Directors' loan accounts 21,514 49,229
Prepayments and accrued income 1,858 2,011
394,259 301,044

DEPT. OF RECRUITMENT LIMITED (REGISTERED NUMBER: 10051662)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,301 1,422
Corporation tax 74,733 109,661
PAYE and NIC 72,277 71,859
VAT 151,170 135,399
Pension creditor 1,730 1,766
Accrued expenses 53,142 69,775
354,353 389,882

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2023 and 30th April 2022:

2023 2022
£    £   
G L Marshall
Balance outstanding at start of year 34,301 -
Amounts advanced 83,610 212,301
Amounts repaid (96,397 ) (178,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,514 34,301

RS Frankham
Balance outstanding at start of year 14,928 -
Amounts advanced 196,774 136,792
Amounts repaid (211,702 ) (121,864 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 14,928

8. RELATED PARTY DISCLOSURES

All material related party transactions with owners holding a participating interest, companies in which the entity has a participating interest and directors were all concluded under normal market conditions.