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REGISTERED NUMBER: 08539572 (England and Wales)















Unaudited Financial Statements

for the Year Ended

31 May 2023

for

Bridgeman Recruitment Services Limited

Bridgeman Recruitment Services Limited (Registered number: 08539572)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Bridgeman Recruitment Services Limited

Company Information
for the Year Ended 31 May 2023







DIRECTOR: S T Bridgeman





SECRETARY:





REGISTERED OFFICE: Bank House Chambers
44 Stockport Road
Romiley
Stockport
Cheshire
SK6 3AG





REGISTERED NUMBER: 08539572 (England and Wales)





ACCOUNTANTS: TF & Partners Ltd t/a Hatherlows
Chartered Accountants
The Studio, Hatherlow House
Hatherlow
Romiley
Stockport
Cheshire
SK6 3DY

Bridgeman Recruitment Services Limited (Registered number: 08539572)

Statement of Financial Position
31 May 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 622 1,172

CURRENT ASSETS
Debtors 6 485,231 600,248
Cash at bank and in hand 12,443 36,038
497,674 636,286
CREDITORS
Amounts falling due within one year 7 476,655 605,944
NET CURRENT ASSETS 21,019 30,342
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,641

31,514

CREDITORS
Amounts falling due after more than one
year

8

(20,753

)

(30,746

)

PROVISIONS FOR LIABILITIES (152 ) (152 )
NET ASSETS 736 616

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 636 516
SHAREHOLDERS' FUNDS 736 616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bridgeman Recruitment Services Limited (Registered number: 08539572)

Statement of Financial Position - continued
31 May 2023


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 14 July 2023 and were signed by:





S T Bridgeman - Director


Bridgeman Recruitment Services Limited (Registered number: 08539572)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

Bridgeman Recruitment Services 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced supply of permanent and temporary labour, excluding 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 - 25% on reducing balance
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

Bridgeman Recruitment Services Limited (Registered number: 08539572)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2022 1,416 8,957 10,373
Additions - 477 477
At 31 May 2023 1,416 9,434 10,850
DEPRECIATION
At 1 June 2022 1,316 7,885 9,201
Charge for year 34 993 1,027
At 31 May 2023 1,350 8,878 10,228
NET BOOK VALUE
At 31 May 2023 66 556 622
At 31 May 2022 100 1,072 1,172

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 469,853 568,792
Other debtors 15,378 31,456
485,231 600,248

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,994 9,747
Trade creditors 57,985 89,435
Taxation and social security 11,814 54,412
Other creditors 396,862 452,350
476,655 605,944

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 20,753 30,746

Bridgeman Recruitment Services Limited (Registered number: 08539572)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other creditors - 450,193

Other creditors include an amount of £450,193 secured by a fixed and floating charge, dated 3 July 2015, over the company's assets.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023 2022
£    £   
S T Bridgeman
Balance outstanding at start of year 29,911 40,000
Amounts advanced 11,800 29,911
Amounts repaid (29,911 ) (40,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,800 29,911

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £26,628 (2022 - £47,180) were paid to the director .

12. POST BALANCE SHEET EVENTS

The financial statements were authorised for issue by the director on 14 July 2023.

13. ULTIMATE CONTROLLING PARTY

The controlling party is S T Bridgeman.

The ultimate controlling party is S T Bridgeman.