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REGISTERED NUMBER: 01903747 (England and Wales)

















Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 October 2023

for

Dutton Recruitment Limited

Dutton Recruitment Limited (Registered number: 01903747)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Strategic Report 2

Report of the Directors 3

Report of the Independent Auditors 5

Income Statement 8

Other Comprehensive Income 9

Statement of Financial Position 10

Statement of Changes in Equity 11

Notes to the Financial Statements 12


Dutton Recruitment Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mr A D Sheekey
Mr K D Heppenstall





REGISTERED OFFICE: 28 Bailey Street
Sheffield
South Yorkshire
S1 4EH





REGISTERED NUMBER: 01903747 (England and Wales)





INDEPENDENT AUDITORS: Sutton McGrath Hartley
5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ

Dutton Recruitment Limited (Registered number: 01903747)

Strategic Report
for the Year Ended 31 October 2023

The directors present their strategic report for the year ended 31 October 2023.

REVIEW OF BUSINESS
The principal activity during the year was the provision of human resources to a diverse range of industries including energy, engineering, construction and healthcare.
The profit and loss account is set out on page 8 and shows the turnover for the year of £23.3m (2022: £24.3m), and an operating profit of £0.8m (2022: £1.0m).
The directors are satisfied with the performance of the business in a year of external challenges. The business as a whole was able to find new opportunities to enhance income streams which can be attributed as much to the quality of service Dutton Recruitment is well known for, as well as new investment choices.
Turnover and operating profit have declined compared to the previous year. Turnover has decreased by £0.9m and gross profit has decreased by £0.5m over the year. Operating profit has decreased overall in the year by £0.24m. Overall the directors feel the company is well placed to continue to deliver excellence to its clients and maintain strong trading patterns over the next twelve months.

PRINCIPAL RISKS AND UNCERTAINTIES
The market for the provision of human resources to the chosen sectors remains highly competitive. This competitive risk manifests itself in increased competition for staff, candidates and clients, service development and pricing pressures.
Business risk in these sectors is also attached to the viability of a number of the company's SME client base, however these debts are insured wherever possible and the inherent risk minimised.
The company holds financial instruments to finance its operations. Operations are financed by floating rate invoice discounting facilities. In addition various financial instruments such as trade debtors and trade creditors arise directly from the company's operations. The company does not enter into any hedging agreements.

KEY PERFORMANCE INDICATORS
The company measures its main financial KPI's based on turnover, gross profit and conversion of net fee income. As shown above the turnover has decreased by 3.9% and gross profit has decreased by 12.9%. The conversion of net fee income (operating profit divided by gross profit) on continuing operations has decreased to 22.8% (2022: 25.8%). The continued investment in the structure and support behind the underlying business is expected to improve over the next 12 months.
The company considers its main non-financial KPI's are in relation to both the environment and its staff. The company attempts to conduct its business in an environmentally friendly manner by encouraging recycling and minimising travel. The company also monitors staff turnover and the level of skill of its employees to ensure the business is run as efficiently as possible.

ON BEHALF OF THE BOARD:





Mr A D Sheekey - Director


26 July 2024

Dutton Recruitment Limited (Registered number: 01903747)

Report of the Directors
for the Year Ended 31 October 2023

The directors present their report with the financial statements of the company for the year ended 31 October 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of the provision of human resources to a diverse range of industries including Energy, Engineering, Construction and Healthcare.

DIVIDENDS
An interim dividend of 14 per share was paid on 31 October 2023. The directors recommend that no final dividend be paid.

The total distribution of dividends for the year ended 31 October 2023 will be £ 420,000 .

DIRECTORS
The directors shown below have held office during the whole of the period from 1 November 2022 to the date of this report.

Mr A D Sheekey
Mr K D Heppenstall

DONATIONS
The company made charitable donations in the year of £19,088, including £15,000 to The Clocktower Foundation and £1,000 to Cramlington Food Bank.

STATEMENT OF DIRECTORS' RESPONSIBILITIES
The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-select suitable accounting policies and then apply them consistently;
-make judgements and accounting estimates that are reasonable and prudent;
-prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

Dutton Recruitment Limited (Registered number: 01903747)

Report of the Directors
for the Year Ended 31 October 2023


AUDITORS
The auditors, Sutton McGrath Hartley, will be proposed for re-appointment at the forthcoming Annual General Meeting.

ON BEHALF OF THE BOARD:





Mr A D Sheekey - Director


26 July 2024

Report of the Independent Auditors to the Members of
Dutton Recruitment Limited

Opinion
We have audited the financial statements of Dutton Recruitment Limited (the 'company') for the year ended 31 October 2023 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:
-give a true and fair view of the state of the company's affairs as at 31 October 2023 and of its profit for the year then ended;
-have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information
The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
- the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and
- the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Report of the Independent Auditors to the Members of
Dutton Recruitment Limited


Matters on which we are required to report by exception
In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
- the financial statements are not in agreement with the accounting records and returns; or
- certain disclosures of directors' remuneration specified by law are not made; or
- we have not received all the information and explanations we require for our audit.

Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Report of the Independent Auditors to the Members of
Dutton Recruitment Limited


Auditors' responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Our assessment of the susceptibility to material misstatement, whether by fraud or error, is made in a risk based
approach.

In this approach, laws and regulations applicable to the entity, such as the Companies Act 2006, United Kingdom
Generally Accepted Accounting Practice including Financial Reporting Standard 102, the relevant tax compliance
regulations within the UK, employment law, and Health and Safety law is considered, and the policies and controls the entity has in place to comply with these laws are reviewed, by discussion, reviews of correspondence and registrations monitored by external bodies. The engagement team remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Policies and controls relating to the risk of material misstatement as a result of fraud are also considered. These are
assessed by obtaining an understanding of the company's operations and control environment. The policies and
controls have been reviewed by discussion, review and sample testing of accounting entries, challenging assumptions and judgements, reviewing and evaluating related parties transactions, and wider background searches.Testing of income recognition and cut off, along with testing of salary costs is also completed.

We have ensured that the engagement team have appropriate levels of competence and experience to effectively
monitor these risks and carry out work relevant to our assessment of each risk, including consideration of the industry the company operates in and its size and complexity.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.




Jonathon Dickens FCA (Senior Statutory Auditor)
for and on behalf of Sutton McGrath Hartley
5 Westbrook Court
Sharrowvale Road
Sheffield
South Yorkshire
S11 8YZ

29 July 2024

Dutton Recruitment Limited (Registered number: 01903747)

Income Statement
for the Year Ended 31 October 2023

2023 2022
Notes £ £

TURNOVER 3 23,332,315 24,272,911

Cost of sales 19,848,790 20,272,826
GROSS PROFIT 3,483,525 4,000,085

Administrative expenses 2,865,909 2,968,524
617,616 1,031,561

Other operating income 175,000 -
OPERATING PROFIT 5 792,616 1,031,561

Interest receivable and similar income 4,926 -
797,542 1,031,561

Interest payable and similar expenses 6 163,166 63,485
PROFIT BEFORE TAXATION 634,376 968,076

Tax on profit 7 184,331 212,724
PROFIT FOR THE FINANCIAL YEAR 450,045 755,352

Dutton Recruitment Limited (Registered number: 01903747)

Other Comprehensive Income
for the Year Ended 31 October 2023

2023 2022
Notes £ £

PROFIT FOR THE YEAR 450,045 755,352


OTHER COMPREHENSIVE INCOME - -
TOTAL COMPREHENSIVE INCOME FOR THE
YEAR

450,045

755,352

Dutton Recruitment Limited (Registered number: 01903747)

Statement of Financial Position
31 October 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Intangible assets 9 - -
Tangible assets 10 142,437 180,037
Investments 11 10,399 10,399
152,836 190,436

CURRENT ASSETS
Debtors 12 5,079,768 5,964,446
Cash at bank and in hand 43,314 75,338
5,123,082 6,039,784
CREDITORS
Amounts falling due within one year 13 4,135,033 5,151,830
NET CURRENT ASSETS 988,049 887,954
TOTAL ASSETS LESS CURRENT LIABILITIES 1,140,885 1,078,390

PROVISIONS FOR LIABILITIES 15 69,613 37,163
NET ASSETS 1,071,272 1,041,227

CAPITAL AND RESERVES
Called up share capital 16 30,000 30,000
Retained earnings 1,041,272 1,011,227
SHAREHOLDERS' FUNDS 1,071,272 1,041,227

The financial statements were approved by the Board of Directors and authorised for issue on 26 July 2024 and were signed on its behalf by:





Mr A D Sheekey - Director


Dutton Recruitment Limited (Registered number: 01903747)

Statement of Changes in Equity
for the Year Ended 31 October 2023

Called up
share Retained Total
capital earnings equity
£ £ £
Balance at 1 November 2021 30,000 975,875 1,005,875

Changes in equity
Dividends - (720,000 ) (720,000 )
Total comprehensive income - 755,352 755,352
Balance at 31 October 2022 30,000 1,011,227 1,041,227

Changes in equity
Dividends - (420,000 ) (420,000 )
Total comprehensive income - 450,045 450,045
Balance at 31 October 2023 30,000 1,041,272 1,071,272

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Dutton Recruitment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Financial Reporting Standard 102 - reduced disclosure exemptions
The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows;
the requirement of paragraph 33.7.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1998, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
Management have prepared financial forecasts on a consolidated basis for a period covering at least 12 months from the date of signature of these financial statements. In preparing the forecasts, management have considered current levels of trading and the impact on both profitability and cash.

Accordingly, the Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and have concluded that it is appropriate to prepare these financial statements on a going concern basis.

3. TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

An analysis of turnover by class of business is given below:

2023 2022
£ £
Provision of Human Resources 23,332,315 24,272,911
23,332,315 24,272,911

An analysis of turnover by geographical market is given below:

2023 2022
£ £
United Kingdom 23,332,315 24,272,911
23,332,315 24,272,911

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. EMPLOYEES AND DIRECTORS
2023 2022
£ £
Wages and salaries 1,006,800 1,046,227
Social security costs 131,368 146,261
Other pension costs 23,450 23,093
1,161,618 1,215,581

The average number of employees during the year was as follows:
2023 2022

Management 2 4
Sales and Administration 29 38
Temporary and Contract Workers 1 1
32 43

2023 2022
£ £
Directors' remuneration - -

5. OPERATING PROFIT

The operating profit is stated after charging/(crediting):

2023 2022
£ £
Hire of plant and machinery 161,318 134,321
Other direct costs 196,549 211,807
Depreciation - owned assets 45,912 58,654
Profit on disposal of fixed assets (20,820 ) (34,031 )
Auditors' remuneration 6,800 11,098

6. INTEREST PAYABLE AND SIMILAR EXPENSES
2023 2022
£ £
Bank loan and overdraft interest 163,166 63,485

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. TAXATION

Analysis of the tax charge
The tax charge on the profit for the year was as follows:
2023 2022
£ £
Current tax:
UK corporation tax 151,881 204,649

Deferred tax 32,450 8,075
Tax on profit 184,331 212,724

Reconciliation of total tax charge included in profit and loss
The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

2023 2022
£ £
Profit before tax 634,376 968,076
Profit multiplied by the standard rate of corporation tax in the UK of 25%
(2022 - 19%)

158,594

183,934

Effects of:
Expenses not deductible for tax purposes 2,162 23,369
Depreciation in excess of capital allowances 40,975 9,268
Group relief (658 ) (3,847 )
Effect of change in rates (16,742 ) -
Total tax charge 184,331 212,724

8. DIVIDENDS
2023 2022
£ £
Ordinary shares of £1 each
Interim 420,000 720,000

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

9. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 November 2022
and 31 October 2023 252,250
AMORTISATION
At 1 November 2022
and 31 October 2023 252,250
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

10. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 November 2022 42,894 189,098 167,742 399,734
Additions 4,200 - 17,862 22,062
Disposals - (34,500 ) - (34,500 )
At 31 October 2023 47,094 154,598 185,604 387,296
DEPRECIATION
At 1 November 2022 28,102 70,344 121,251 219,697
Charge for year 4,054 27,111 14,747 45,912
Eliminated on disposal - (20,750 ) - (20,750 )
At 31 October 2023 32,156 76,705 135,998 244,859
NET BOOK VALUE
At 31 October 2023 14,938 77,893 49,606 142,437
At 31 October 2022 14,792 118,754 46,491 180,037

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

11. FIXED ASSET INVESTMENTS
Unlisted
investments
£
COST
At 1 November 2022
and 31 October 2023 10,399
NET BOOK VALUE
At 31 October 2023 10,399
At 31 October 2022 10,399

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors 3,695,918 5,094,352
Amounts owed by group undertakings 938,915 713,128
Other debtors 321,715 17,004
Prepayments 123,220 139,962
5,079,768 5,964,446

13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 121,060 89,140
Amounts owed to group undertakings 328,413 734,652
Tax 126,882 147,649
Social security and other taxes 98,568 53,746
VAT 308,281 108,673
Other creditors 3,058,587 3,859,234
Accrued expenses 93,242 158,736
4,135,033 5,151,830

Included within other creditors is an amount £2,575,136 (2022: £3,316,031) relating to invoice discounting advances, these advances are secured by way of first fixed and floating charges over the present and future assets of the company.

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

14. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£ £
Within one year 73,636 28,166
Between one and five years 122,404 23,774
196,040 51,940

15. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax 69,613 37,163

Deferred tax
£
Balance at 1 November 2022 37,163
Provided during year 32,450
Balance at 31 October 2023 69,613

16. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
30,000 Ordinary £1 30,000 30,000

17. RELATED PARTY DISCLOSURES

The company rents premises from Davison Property Investments Holdings Limited, a company under the common control of Mr M Davison. During the year the company paid £140,000 (2022: £161,250) in rental income to Davison Property Investments Holdings Limited, and made payments on its behalf of £8,037 (2022: £21,632). At the year end Davison Property Investments Holdings Limited owed £56,562 (2022: £5,486) to the company.

During the year costs of £5,256 (2022 £6,724) were recharged to Kelham Estates Limited, a company under the common control of Mr M Davison. At the year end Kelham Estates Limited owed to the company £37,000 (2022: £2).

At the year end Portland Clinical Limited, a company under the common control of Mr M Davison, was owed £97,188 (2022: £734,652 from) to the company.

During the year costs of £23,458 (2022 £20,608) were recharged to Treeline Estates Limited, a company under the common control of Mr M Davison. At the year end Treeline Estates Limited was owed by the company £8,554 (2022: £1,033 to).

Dutton Recruitment Limited (Registered number: 01903747)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

18. ULTIMATE CONTROLLING PARTY

The controlling party is Mr M J Davison.

At 31 October 2023 the company's parent company was Portland Investment Group Limited, a company which is incorporated in the Uk. The ultimate parent company is Portland Investment Group Holdings Limited. The consolidated accounts of this company are available to the public and may be obtained from Companies House, Cardiff.