2023-03-012024-02-292024-02-29false13207277RECRUITED SEARCH 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RECRUITED SEARCH LTD

Registered Number
13207277
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

RECRUITED SEARCH LTD
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

ELLIOTT, Alexander James

Registered Address

1 St. Saviour's Road
London
SW2 5HP

Registered Number

13207277 (England and Wales)
RECRUITED SEARCH LTD
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3862830
862830
Current assets
Debtors4839555
Cash at bank and on hand107,880203,639
108,719204,194
Creditors amounts falling due within one year5(5,877)(48,086)
Net current assets (liabilities)102,842156,108
Total assets less current liabilities103,704156,938
Net assets103,704156,938
Capital and reserves
Called up share capital11
Profit and loss account103,703156,937
Shareholders' funds103,704156,938
The financial statements were approved and authorised for issue by the Director on 5 April 2024, and are signed on its behalf by:
ELLIOTT, Alexander James
Director
Registered Company No. 13207277
RECRUITED SEARCH LTD
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Revenue from sale of goods
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment30
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 March 231,120
Additions643
Disposals(358)
At 29 February 241,405
Depreciation and impairment
At 01 March 23290
Charge for year253
At 29 February 24543
Net book value
At 29 February 24862
At 28 February 23830
4.Debtors: amounts due within one year

2024

2023

££
Other debtors317-
Prepayments and accrued income522555
Total839555
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-4,287
Taxation and social security4,16742,743
Accrued liabilities and deferred income1,7101,056
Total5,87748,086
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
ELLIOTT, Alexander James084,00984,0090
084,00984,0090