Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-3102022-07-12The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.truefalseResidential care services0false 14229777 2022-07-11 14229777 2022-07-12 2023-07-31 14229777 2021-07-12 2022-07-11 14229777 2023-07-31 14229777 c:Director1 2022-07-12 2023-07-31 14229777 d:FurnitureFittings 2022-07-12 2023-07-31 14229777 d:FurnitureFittings 2023-07-31 14229777 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-12 2023-07-31 14229777 d:CurrentFinancialInstruments 2023-07-31 14229777 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 14229777 d:ShareCapital 2023-07-31 14229777 d:RetainedEarningsAccumulatedLosses 2023-07-31 14229777 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-07-31 14229777 c:OrdinaryShareClass1 2022-07-12 2023-07-31 14229777 c:OrdinaryShareClass1 2023-07-31 14229777 c:FRS102 2022-07-12 2023-07-31 14229777 c:AuditExempt-NoAccountantsReport 2022-07-12 2023-07-31 14229777 c:FullAccounts 2022-07-12 2023-07-31 14229777 c:PrivateLimitedCompanyLtd 2022-07-12 2023-07-31 14229777 e:PoundSterling 2022-07-12 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14229777









ROXYS RECRUITS LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2023

 
ROXYS RECRUITS LTD
REGISTERED NUMBER: 14229777

BALANCE SHEET
AS AT 31 JULY 2023

2023
Note
£

Fixed assets
  

Tangible assets
 4 
680

  
680

Current assets
  

Debtors: amounts falling due within one year
 5 
141

Cash at bank and in hand
 6 
342

  
483

Creditors: amounts falling due within one year
 7 
(1,477)

Net current (liabilities)/assets
  
 
 
(994)

Total assets less current liabilities
  
(314)

  

Net (liabilities)/assets
  
(314)


Capital and reserves
  

Called up share capital 
 9 
1

Profit and loss account
  
(315)

  
(314)


Page 1

 
ROXYS RECRUITS LTD
REGISTERED NUMBER: 14229777
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The director considers 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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 income and retained earnings 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 on 10 April 2024.




................................................
Steven Bullock
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ROXYS RECRUITS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

1.


General information

Roxys Recruits Ltd is a private company, incorporated in England and Wales, limited by its share capital.  The Company was incorporated on 12 July 2022 and began trading on that date.  The principal activity of the Company was the provision of residential care services.

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The accounts have been prepared on a going concern basis, with the support of the directors pledged for the foreseeable future.

 
2.3

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.

 
2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
ROXYS RECRUITS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.5

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.

 
2.6

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.

 
2.7

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.

Page 4

 
ROXYS RECRUITS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instruments any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other payables, bank loans and other loans are initially measured at their transaction price after transaction costs. When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade payables are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade payables are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade payables are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.


3.


Employees




The Company has no employees other than the directors, who did not receive any remuneration.

Page 5

 
ROXYS RECRUITS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

4.


Tangible fixed assets





Fixtures and fittings

£



Cost or valuation


Additions
850



At 31 July 2023

850



Depreciation


Charge for the period on owned assets
170



At 31 July 2023

170



Net book value



At 31 July 2023
680


5.


Debtors

2023
£


Trade debtors
141

141



6.


Cash and cash equivalents

2023
£

Cash at bank and in hand
342

342


Page 6

 
ROXYS RECRUITS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JULY 2023

7.


Creditors: Amounts falling due within one year

2023
£

Other creditors
1,117

Accruals and deferred income
360

1,477



8.


Financial instruments

2023
£

Financial assets


Financial assets measured at fair value through profit or loss
342




Financial assets measured at fair value through profit or loss comprise cash at bank and in hand.


9.


Share capital

2023
£
Allotted, called up and fully paid


1 Ordinary share of £1.00
1


Upon incorporation 1 ordinary share was issued at par.


10.


Controlling party

The Company is controlled by the director, Steven Bullock, by virtue of his shareholding, as described in the Director's report.

 
Page 7