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Company Registration No. 07144359 (England and Wales)
e-Recroot Limited Unaudited accounts for the year ended 31 July 2023
e-Recroot Limited Unaudited accounts Contents
Page
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e-Recroot Limited Company Information for the year ended 31 July 2023
Director
Asim Waheed
Company Number
07144359 (England and Wales)
Registered Office
4 Old Park Lane Mayfair London W1K 1QW
Accountants
Andrew Donaldson 17 Lake Walk Adderbury Banbury Oxon OX17 3PF
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e-Recroot Limited Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,009 
915 
Current assets
Debtors
38,640 
38,123 
Cash at bank and in hand
36,589 
16,669 
75,229 
54,792 
Creditors: amounts falling due within one year
(14,318)
(18,089)
Net current assets
60,911 
36,703 
Total assets less current liabilities
61,920 
37,618 
Creditors: amounts falling due after more than one year
(37,679)
(43,199)
Net assets/(liabilities)
24,241 
(5,581)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
24,240 
(5,582)
Shareholders' funds
24,241 
(5,581)
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 April 2024 and were signed on its behalf by
Asim Waheed Director Company Registration No. 07144359
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e-Recroot Limited Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
e-Recroot Limited is a private company, limited by shares, registered in England and Wales, registration number 07144359. The registered office is 4 Old Park Lane, Mayfair, London, W1K 1QW.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5 years
Computer equipment
3 years
Foreign currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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e-Recroot Limited Notes to the Accounts for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 August 2022
47,144 
Additions
630 
At 31 July 2023
47,774 
Depreciation
At 1 August 2022
46,229 
Charge for the year
536 
At 31 July 2023
46,765 
Net book value
At 31 July 2023
1,009 
At 31 July 2022
915 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
2,283 
2,185 
Accrued income and prepayments
7,088 
6,669 
Other debtors
29,269 
29,269 
38,640 
38,123 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,514 
5,508 
Trade creditors
553 
553 
Taxes and social security
1,724 
1,701 
Other creditors
3,747 
6,847 
Loans from directors
90 
790 
Accruals
2,690 
2,690 
14,318 
18,089 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
37,679 
43,199 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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e-Recroot Limited Notes to the Accounts for the year ended 31 July 2023
9
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 July 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
8,450 
8,450 
10
Controlling party
The company is controlled by the director.
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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