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REGISTERED NUMBER: 13860394 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Octane Recruitment (Holdings) Limited

Octane Recruitment (Holdings) Limited (Registered number: 13860394)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Octane Recruitment (Holdings) Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr R Baynes





REGISTERED OFFICE: G3 Ram Mills
Gordon Street
Chadderton
Oldham
OL9 9RH





REGISTERED NUMBER: 13860394 (England and Wales)





ACCOUNTANTS: Actua Business Services Ltd
1 Ash Cottages
Bury
Lancashire
BL8 1EZ

Octane Recruitment (Holdings) Limited (Registered number: 13860394)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 175,050 -

CURRENT ASSETS
Cash in hand - 50

CREDITORS
Amounts falling due within one year 5 175,000 -
NET CURRENT (LIABILITIES)/ASSETS (175,000 ) 50
TOTAL ASSETS LESS CURRENT
LIABILITIES

50

50

CAPITAL AND RESERVES
Called up share capital 50 50
SHAREHOLDERS' FUNDS 50 50

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 28 February 2024 and were signed by:





Mr R Baynes - Director


Octane Recruitment (Holdings) Limited (Registered number: 13860394)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Octane Recruitment (Holdings) 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. 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.

Preparation of consolidated financial statements
The financial statements contain information about Octane Recruitment (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in associates
Investments in associate undertakings are recognised at 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 material.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Interest
in
subsidiary
£   
COST
Additions 175,050
At 31 January 2024 175,050
NET BOOK VALUE
At 31 January 2024 175,050

Investments of £175,050 are 100% shareholdings in Octane Recruitment Limited.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Other creditors 175,000 -

Octane Recruitment (Holdings) Limited (Registered number: 13860394)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. RESERVES
Retained
earnings
£   

Profit for the year 143,000
Dividends (143,000 )
At 31 January 2024 -

7. RELATED PARTY DISCLOSURES

Octane Recruitment (Holdings) Limited is the parent company of one wholly owned subsidiary, Octane Recruitment Limited. During the year the Holding company received dividends of £143,000 and at the end of the year owed £175,000 to its subsidiary.

8. ULTIMATE CONTROLLING PARTY

During the year the company was controlled by Mr Richard Baynes, the sole director and major shareholder.