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Company Registration No. 14029334 (England and Wales)
The Recruitment Source Ltd Unaudited accounts for the year ended 30 April 2024
The Recruitment Source Ltd Unaudited accounts Contents
Page
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The Recruitment Source Ltd Company Information for the year ended 30 April 2024
Directors
Craig Davies Simon Malpas
Company Number
14029334 (England and Wales)
Registered Office
Bridgeway House Mellor Road Cheadle Hulme Cheadle SK8 5AU England
Accountants
One Abacus Limited Coldharbour Works 245a Coldharbour Lane London SW9 8RR
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The Recruitment Source Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
681 
1,208 
Current assets
Debtors
28,403 
16,301 
Cash at bank and in hand
37,388 
18,018 
65,791 
34,319 
Creditors: amounts falling due within one year
(65,069)
(33,058)
Net current assets
722 
1,261 
Net assets
1,403 
2,469 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,303 
2,369 
Shareholders' funds
1,403 
2,469 
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 31 May 2024 and were signed on its behalf by
Craig Davies Director Company Registration No. 14029334
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The Recruitment Source Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
The Recruitment Source Ltd is a private company, limited by shares, registered in England and Wales, registration number 14029334. The registered office is Bridgeway House Mellor Road, Cheadle Hulme, Cheadle, SK8 5AU, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Straight Line Basis 3 years
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,803 
At 30 April 2024
1,803 
Depreciation
At 1 May 2023
595 
Charge for the year
527 
At 30 April 2024
1,122 
Net book value
At 30 April 2024
681 
At 30 April 2023
1,208 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,403 
16,301 
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The Recruitment Source Ltd Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,853 
2,492 
Trade creditors
50,709 
14,081 
Taxes and social security
5,417 
8,354 
Other creditors
2,095 
4,936 
Loans from directors
1,995 
1,995 
Accruals
1,000 
1,200 
65,069 
33,058 
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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