Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-31true2022-01-01falseNo description of principal activity1417falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02693535 2022-01-01 2022-12-31 02693535 2021-01-01 2021-12-31 02693535 2022-12-31 02693535 2021-12-31 02693535 c:Director1 2022-01-01 2022-12-31 02693535 d:CurrentFinancialInstruments 2022-12-31 02693535 d:CurrentFinancialInstruments 2021-12-31 02693535 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02693535 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 02693535 d:ShareCapital 2022-12-31 02693535 d:ShareCapital 2021-12-31 02693535 d:RetainedEarningsAccumulatedLosses 2022-12-31 02693535 d:RetainedEarningsAccumulatedLosses 2021-12-31 02693535 c:OrdinaryShareClass1 2022-01-01 2022-12-31 02693535 c:OrdinaryShareClass1 2022-12-31 02693535 c:OrdinaryShareClass1 2021-12-31 02693535 c:FRS102 2022-01-01 2022-12-31 02693535 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 02693535 c:FullAccounts 2022-01-01 2022-12-31 02693535 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 02693535 2 2022-01-01 2022-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02693535









METRUS EMPLOYMENT SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2022

 
METRUS EMPLOYMENT SERVICES LIMITED
REGISTERED NUMBER: 02693535

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
1,136,583
1,244,103

Cash at bank and in hand
 5 
589,062
368,832

  
1,725,645
1,612,935

Creditors: amounts falling due within one year
 6 
(868,036)
(849,842)

Net current assets
  
 
 
857,609
 
 
763,093

Total assets less current liabilities
  
857,609
763,093

  

Net assets
  
857,609
763,093


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
857,509
762,993

  
857,609
763,093


Page 1

 
METRUS EMPLOYMENT SERVICES LIMITED
REGISTERED NUMBER: 02693535
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A Sayer
Director

Date: 22 November 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Metrus Employment Services Limited is a private company limited by shares, incorporated in England and Wales (registered number 02693535). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom W1W 6XH. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 14 (2021 - 17).

Page 4

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Debtors

2022
2021
£
£


Trade debtors
25,943
111,565

Amounts owed by group undertakings
866,000
891,000

Amounts owed by related undertakings
230,000
230,000

Other debtors
3,580
3,500

Prepayments and accrued income
11,060
8,038

1,136,583
1,244,103



5.


Cash and cash equivalents

2022
2021
£
£

Cash at bank and in hand
589,062
368,832

589,062
368,832



6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
9,791
-

Amounts owed to group undertakings
728,617
728,617

Corporation tax
22,171
31,208

Other taxation and social security
107,354
90,017

Accruals and deferred income
103
-

868,036
849,842



7.


Share capital

2022
2021
£
£
Allotted, called up and fully paid



100 (2021 - 100) Ordinary Share shares of £1.00 each
100
100


Page 5

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

8.


Pension commitments

The Company operates a defined contributions pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £51,407 (2021 - £72,609). 

 
Page 6