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
e-Recroot Limited
Company Information
for the year ended 31 July 2023
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
e-Recroot Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
36,589
16,669
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)
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
e-Recroot Limited
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
3 years
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.
e-Recroot Limited
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Accrued income and prepayments
7,088
6,669
Other debtors
29,269
29,269
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,514
5,508
Taxes and social security
1,724
1,701
Other creditors
3,747
6,847
Loans from directors
90
790
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
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
The company is controlled by the director.
11
Average number of employees
During the year the average number of employees was 3 (2022: 3).