ONYX RECRUITMENT ASSOCIATES LIMITED

Company Registration Number:
12776372 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

ONYX RECRUITMENT ASSOCIATES LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

ONYX RECRUITMENT ASSOCIATES LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 1,750 2,000
Tangible assets: 4 2,425 3,318
Total fixed assets: 4,175 5,318
Current assets
Debtors:   14,384 23,295
Cash at bank and in hand: 5,409 1,067
Total current assets: 19,793 24,362
Creditors: amounts falling due within one year:   (23,087) (28,768)
Net current assets (liabilities): (3,294) (4,406)
Total assets less current liabilities: 881 912
Provision for liabilities: (824) (902)
Total net assets (liabilities): 57 10
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 47 0
Shareholders funds: 57 10

The notes form part of these financial statements

ONYX RECRUITMENT ASSOCIATES LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2024
and signed on behalf of the board by:

Name: Mrs Michelle Theuma
Status: Director

The notes form part of these financial statements

ONYX RECRUITMENT ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the economic life of that asset as follows:Fixtures, fittings & equipment - 20% straight line

Intangible fixed assets and amortisation policy

Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:Goodwill - 10% straight line

ONYX RECRUITMENT ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 1 1

ONYX RECRUITMENT ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Intangible Assets

Total
Cost £
At 01 August 2022 2,500
At 31 July 2023 2,500
Amortisation
At 01 August 2022 500
Charge for year 250
At 31 July 2023 750
Net book value
At 31 July 2023 1,750
At 31 July 2022 2,000

ONYX RECRUITMENT ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Tangible Assets

Total
Cost £
At 01 August 2022 4,465
At 31 July 2023 4,465
Depreciation
At 01 August 2022 1,147
Charge for year 893
At 31 July 2023 2,040
Net book value
At 31 July 2023 2,425
At 31 July 2022 3,318

ONYX RECRUITMENT ASSOCIATES LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Loans to directors

Name of director receiving advance or credit: Mrs Michelle Theuma
Description of the loan: Directors loan account
£
Balance at 01 August 2022 14,052
Advances or credits repaid: 4,411
Balance at 31 July 2023 9,641