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REGISTERED NUMBER: 13846267 (England and Wales)















Unaudited Financial Statements

for the Period 1 February 2023 to 31 December 2023

for

VIRTUETECH RECRUITMENT GROUP LTD

VIRTUETECH RECRUITMENT GROUP LTD (REGISTERED NUMBER: 13846267)

Contents of the Financial Statements
FOR THE PERIOD 1 February 2023 to 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


VIRTUETECH RECRUITMENT GROUP LTD

Company Information
FOR THE PERIOD 1 February 2023 to 31 December 2023







DIRECTOR: Mr R W Katz





REGISTERED OFFICE: 4th Floor Radius House
51 Clarendon Road
Watford
WD17 1HP





REGISTERED NUMBER: 13846267 (England and Wales)





ACCOUNTANTS: Total Back Office Solutions Limited
4th Floor Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

VIRTUETECH RECRUITMENT GROUP LTD (REGISTERED NUMBER: 13846267)

Balance Sheet
31 December 2023

2023 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,722 878

CURRENT ASSETS
Debtors 5 347,922 213,351
Cash at bank and in hand 669,960 301,265
1,017,882 514,616
CREDITORS
Amounts falling due within one year 6 (456,317 ) (187,025 )
NET CURRENT ASSETS 561,565 327,591
TOTAL ASSETS LESS CURRENT
LIABILITIES

566,287

328,469

PROVISIONS FOR LIABILITIES (1,130 ) (167 )
NET ASSETS 565,157 328,302

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 565,057 328,202
565,157 328,302

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 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.

VIRTUETECH RECRUITMENT GROUP LTD (REGISTERED NUMBER: 13846267)

Balance Sheet - continued
31 December 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 August 2024 and were signed by:





Mr R W Katz - Director


VIRTUETECH RECRUITMENT GROUP LTD (REGISTERED NUMBER: 13846267)

Notes to the Financial Statements
FOR THE PERIOD 1 February 2023 to 31 December 2023


1. STATUTORY INFORMATION

Virtuetech Recruitment Group Ltd 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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 February 2023 1,042
Additions 4,941
At 31 December 2023 5,983
DEPRECIATION
At 1 February 2023 164
Charge for period 1,097
At 31 December 2023 1,261
NET BOOK VALUE
At 31 December 2023 4,722
At 31 January 2023 878

VIRTUETECH RECRUITMENT GROUP LTD (REGISTERED NUMBER: 13846267)

Notes to the Financial Statements - continued
FOR THE PERIOD 1 February 2023 to 31 December 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 253,674 201,719
Other debtors 90,734 11,632
Directors' current accounts 3,514 -
347,922 213,351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade creditors 124,147 1,279
Corporation Tax 152,860 83,073
PAYE/NI (423 ) 4,609
VAT 138,949 57,075
Other Creditors 40,784 294
Directors' current accounts - 40,695
456,317 187,025