Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-312023-04-01No description of principal activityfalse11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11860894 2023-04-01 2024-03-31 11860894 2022-04-01 2023-03-31 11860894 2024-03-31 11860894 2023-03-31 11860894 c:Director1 2023-04-01 2024-03-31 11860894 d:OfficeEquipment 2023-04-01 2024-03-31 11860894 d:OfficeEquipment 2024-03-31 11860894 d:OfficeEquipment 2023-03-31 11860894 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 11860894 d:CurrentFinancialInstruments 2024-03-31 11860894 d:CurrentFinancialInstruments 2023-03-31 11860894 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 11860894 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 11860894 d:ShareCapital 2024-03-31 11860894 d:ShareCapital 2023-03-31 11860894 d:RetainedEarningsAccumulatedLosses 2024-03-31 11860894 d:RetainedEarningsAccumulatedLosses 2023-03-31 11860894 c:FRS102 2023-04-01 2024-03-31 11860894 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11860894 c:FullAccounts 2023-04-01 2024-03-31 11860894 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11860894 2 2023-04-01 2024-03-31 11860894 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 11860894










CRITERION RECRUITMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
CRITERION RECRUITMENT LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CRITERION RECRUITMENT LIMITED
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 financial statements of Criterion Recruitment Limited for the year ended 31 March 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of Criterion Recruitment Limited in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Criterion Recruitment Limited and state those matters that we have agreed to state to the director of Criterion Recruitment Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Criterion Recruitment Limited and its director for our work or for this report. 

It is your duty to ensure that Criterion Recruitment Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Criterion Recruitment Limited. You consider that Criterion Recruitment Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Criterion Recruitment Limited. 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 financial statements.

  



J&S Accountants Limited
 
Chartered Accountants
  
6 Northlands Road
Southampton
SO15 2LF
22 August 2024
Page 1

 
CRITERION RECRUITMENT LIMITED
REGISTERED NUMBER: 11860894

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
675
1,012

  
675
1,012

Current assets
  

Cash at bank and in hand
 5 
19,170
14,401

  
19,170
14,401

Creditors: amounts falling due within one year
 6 
(13,561)
(11,409)

Net current assets
  
 
 
5,609
 
 
2,992

Total assets less current liabilities
  
6,284
4,004

  

Net assets
  
6,284
4,004


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
6,282
4,002

  
6,284
4,004


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 August 2024.




A L Longdin
Page 2

 
CRITERION RECRUITMENT LIMITED
REGISTERED NUMBER: 11860894
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

Director

The notes on pages 4 to 7 form part of these financial statements.

Page 3

 
CRITERION RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Criterion Recruitment Limited is a private company limited by shares and registered in England and Wales.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Page 4

 
CRITERION RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 5

 
CRITERION RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 1).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 April 2023
2,594



At 31 March 2024

2,594



Depreciation


At 1 April 2023
1,582


Charge for the year on owned assets
337



At 31 March 2024

1,919



Net book value



At 31 March 2024
675



At 31 March 2023
1,012

Page 6

 
CRITERION RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
19,170
14,401

19,170
14,401



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
12,438
10,424

Other creditors
343
266

Accruals and deferred income
780
719

13,561
11,409



7.


Pension commitments

The company makes contributions to employees' approved personal pension schemes. These payments
are made on a defined contributions basis. The pension cost charge represents contributions payable by
the company to the fund and amounted to £5,500 (2023 £4,501).


8.


Related party transactions

The company was under the control of A L Longdin, the director.
At the balance sheet date, the company owed Ms Longdin £343 (2023 £266). No interest has been charged on the outstanding balance.

 
Page 7