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Company Registration Number:
11774486 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

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Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

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Company Information

for the Period Ended 31 January 2024




Director: Christopher Rose
Registered office: 4th Floor
18 St. Cross Street
London
England
EC1N 8UN
Company Registration Number: 11774486 (England and Wales)

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Directors' Report Period Ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal Activities

The Company's principal activity during this period was the negotiation of recruitment contracts between businesses and recruitment agencies.

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Christopher Rose

This report was approved by the board of directors on 3 February 2024
And Signed On Behalf Of The Board By:

Name: Christopher Rose
Status: Director

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Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Turnover 250,000 -
Gross Profit or (Loss) 250,000 -
Income from coronavirus (COVID-19) business support grants 0 -
Administrative Expenses ( 104,195 ) -
Operating Profit or (Loss) 145,805 -
Profit or (Loss) Before Tax 145,805 -
Profit or (Loss) for Period 145,805 -

The notes form part of these financial statements

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Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 7,898
Total fixed assets: 7,898
Current assets
Debtors: 5 49,500
Cash at bank and in hand: 145,805 1
Total current assets: 195,305 1
Creditors: amounts falling due within one year: 6 ( 44,033 )
Net current assets (liabilities): 151,272 1
Total assets less current liabilities: 159,170 1
Creditors: amounts falling due after more than one year: 7 ( 49,817 )
Provision for liabilities: ( 0 )
Total net assets (liabilities): 109,353 1

The notes form part of these financial statements

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Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 109,352
Shareholders funds: 109,353 1

For the year ending 31 January 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 February 2024
And Signed On Behalf Of The Board By:

Name: Christopher Rose
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

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Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 1

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Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

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Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 February 2023 0 0
Additions 7,898 7,898
Disposals - -
Revaluations - -
Transfers - -
At 31 January 2024 7,898 7,898
Depreciation
At 01 February 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 January 2024 - -
Net book value
At 31 January 2024 7,898 7,898
At 31 January 2023 0 0

COMMISSION REDUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Trade debtors 49,500
Total 49,500

COMMISSION REDUCTION LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 7,581
Taxation and social security 36,452
Total 44,033

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Notes to the Financial Statements

for the Period Ended 31 January 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 49,817
Total 49,817