1 April 2023 false Taxfiler 2024.5 12236837business:PrivateLimitedCompanyLtd2023-04-012024-03-31 122368372023-03-31 122368372023-04-012024-03-31 12236837business:AuditExemptWithAccountantsReport2023-04-012024-03-31 12236837business:FilletedAccounts2023-04-012024-03-31 122368372024-03-31 12236837business:Director12023-04-012024-03-31 12236837business:Director22023-04-012024-03-31 12236837business:RegisteredOffice2023-04-012024-03-31 122368372023-03-31 12236837core:WithinOneYear2024-03-31 12236837core:WithinOneYear2023-03-31 12236837core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12236837core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12236837core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12236837core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12236837core:PreviouslyStatedAmount2024-03-31 12236837core:PreviouslyStatedAmount2023-03-31 12236837business:SmallEntities2023-04-012024-03-31 12236837countries:EnglandWales2023-04-012024-03-31 12236837business:Director212023-04-012024-03-31 12236837business:Director212023-03-31 12236837business:Director212024-03-31 122368372022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12236837 (England and Wales)
AOA Recruitment Ltd Unaudited accounts for the year ended 31 March 2024
AOA Recruitment Ltd Unaudited accounts Contents
Page
- 2 -
AOA Recruitment Ltd Company Information for the year ended 31 March 2024
Directors
Jenny Mulungie Adeshina Ayoade Olakitan Adeshina
Company Number
12236837 (England and Wales)
Registered Office
Timsons Business Centre Albert (PHA) Office 2 Bath Road Kettering NN16 8NQ
Accountants
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ
- 3 -
AOA Recruitment Ltd Accountants' report
Accountants' report to the board of directors of AOA Recruitment Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of AOA Recruitment Ltd for the year ended 31 March 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of AOA Recruitment Ltd, as a body, in accordance with the terms of our engagement letter dated 1 October 2019. Our work has been undertaken solely to prepare for your approval the accounts of AOA Recruitment Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than AOA Recruitment Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that AOA Recruitment Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of AOA Recruitment Ltd. You consider that AOA Recruitment Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of AOA Recruitment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
PHA Accountants Limited Timsons Business Centre Bath Road Kettering Northamptonshire NN16 8NQ 19 August 2024
- 4 -
AOA Recruitment Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
3,274 
3,653 
Cash at bank and in hand
12,313 
28,583 
15,587 
32,236 
Creditors: amounts falling due within one year
(11,305)
(16,819)
Net current assets
4,282 
15,417 
Net assets
4,282 
15,417 
Capital and reserves
Called up share capital
251 
251 
Profit and loss account
4,031 
15,166 
Shareholders' funds
4,282 
15,417 
For the year ending 31 March 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 20 August 2024 and were signed on its behalf by
Ayoade Olakitan Adeshina Director Company Registration No. 12236837
- 5 -
AOA Recruitment Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
AOA Recruitment Ltd is a private company, limited by shares, registered in England and Wales, registration number 12236837. The registered office is Timsons Business Centre, Albert (PHA) Office 2 , Bath Road, Kettering, NN16 8NQ.
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
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,653 
Trade debtors
3,274 
- 
3,274 
3,653 
- 6 -
AOA Recruitment Ltd Notes to the Accounts for the year ended 31 March 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
4,085 
- 
Taxes and social security
7,220 
16,602 
Accruals
- 
217 
11,305 
16,819 
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr and Mrs Adeshina
- 
44,233 
44,233 
- 
- 
44,233 
44,233 
- 
7
Transactions with related parties
During the year, the dividends of £41,871 (2023: £55,453) were paid to the Directors.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -