COMPANY REGISTRATION NUMBER:
13937616
Altgen Recruitment Limited |
|
Filleted Unaudited Financial Statements |
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Altgen Recruitment Limited |
|
Period from 24 February 2022 to 28 February 2023
Statement of financial position |
1 |
|
|
Notes to the financial statements |
2 |
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Altgen Recruitment Limited |
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Statement of Financial Position |
|
28 February 2023
Current assets
Debtors |
5 |
3,190 |
|
Cash at bank and in hand |
100 |
|
|
------- |
|
|
3,290 |
|
|
|
|
|
Creditors: amounts falling due within one year |
6 |
100,765 |
|
|
--------- |
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Net current liabilities |
|
97,475 |
|
|
-------- |
Total assets less current liabilities |
|
(
97,475) |
|
|
-------- |
Net liabilities |
|
(
97,475) |
|
|
-------- |
|
|
|
|
Capital and reserves
Called up share capital |
|
100 |
Profit and loss account |
|
(
97,575) |
|
|
-------- |
Shareholders deficit |
|
(
97,475) |
|
|
-------- |
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|
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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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the period 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 members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
22 November 2023
, and are signed on behalf of the board by:
Ms P J Gibson |
Mr S Gibson |
Director |
Director |
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Company registration number:
13937616
Altgen Recruitment Limited |
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Notes to the Financial Statements |
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Period from 24 February 2022 to 28 February 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN, England.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
After making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future for at least one year from the date of the financial information. For these reasons they continue to adopt the going concern basis in preparing the company's financial information.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4.
Employee numbers
The average number of persons employed by the company during the period amounted to
3
.
5.
Debtors
|
28 Feb 23 |
|
£ |
Other debtors |
3,190 |
|
------- |
|
|
6.
Creditors:
amounts falling due within one year
|
28 Feb 23 |
|
£ |
Trade creditors |
350 |
Social security and other taxes |
3,926 |
Other creditors |
96,489 |
|
--------- |
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100,765 |
|
--------- |
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7.
Directors' advances, credits and guarantees
At the year end the company owed the directors £94,889.