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REGISTERED NUMBER: 07496670 (England and Wales)


















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Kayman Recruitment Services Limited

Kayman Recruitment Services Limited (Registered number: 07496670)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Kayman Recruitment Services Limited (Registered number: 07496670)

Balance Sheet
30 April 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,031 5,606

CURRENT ASSETS
Debtors 5 257,578 182,326
Cash at bank and in hand 26,669 127,473
284,247 309,799
CREDITORS
Amounts falling due within one year 6 (203,513 ) (157,778 )
NET CURRENT ASSETS 80,734 152,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,765

157,627

CREDITORS
Amounts falling due after more than one
year

7

(30,303

)

(48,485

)
NET ASSETS 54,462 109,142

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 54,362 109,042
SHAREHOLDERS' FUNDS 54,462 109,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Kayman Recruitment Services Limited (Registered number: 07496670)

Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 August 2024 and were signed by:





E J Manning - Director


Kayman Recruitment Services Limited (Registered number: 07496670)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Kayman Recruitment Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07496670

Registered office: Treviot House
186-192 High Road
Ilford
Essex
IG1 1LR

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on cost

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

Current 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 balance sheet date.

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.

Government grants
Grant income during the period has been accounted for using the accruals model.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 14 ) .

Kayman Recruitment Services Limited (Registered number: 07496670)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023
and 30 April 2024 9,715
DEPRECIATION
At 1 May 2023 4,109
Charge for year 1,575
At 30 April 2024 5,684
NET BOOK VALUE
At 30 April 2024 4,031
At 30 April 2023 5,606

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 25,198 38,222
Amounts owed by group undertakings 200,194 122,087
Other debtors 32,186 22,017
257,578 182,326

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 38,912 19,625
Trade creditors 10,480 5,770
Amounts owed to group undertakings 1,125 1,000
Taxation and social security 45,215 95,399
Other creditors 107,781 35,984
203,513 157,778

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 30,303 48,485

Kayman Recruitment Services Limited (Registered number: 07496670)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 April 2024 and the year ended 30 April 2023:

Director
20242023
£   £   

Amounts Advanced19,94251,873
Amounts Repaid(20,200)(57,518)

The loan to the director is repayable on demand. Interest is charged on loans at the official rate set by HMRC.