Efab Recruitment Ltd 14192905 false 2022-06-27 2023-06-30 2023-06-30 The principal activity of the company is Recruitment Consultants Digita Accounts Production Advanced 6.30.9574.0 true true 14192905 2022-06-27 2023-06-30 14192905 2023-06-30 14192905 bus:OrdinaryShareClass1 2023-06-30 14192905 core:CurrentFinancialInstruments 2023-06-30 14192905 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14192905 bus:SmallEntities 2022-06-27 2023-06-30 14192905 bus:AuditExemptWithAccountantsReport 2022-06-27 2023-06-30 14192905 bus:AbridgedAccounts 2022-06-27 2023-06-30 14192905 bus:SmallCompaniesRegimeForAccounts 2022-06-27 2023-06-30 14192905 bus:RegisteredOffice 2022-06-27 2023-06-30 14192905 bus:Director1 2022-06-27 2023-06-30 14192905 bus:OrdinaryShareClass1 2022-06-27 2023-06-30 14192905 bus:PrivateLimitedCompanyLtd 2022-06-27 2023-06-30 14192905 countries:UnitedKingdom 2022-06-27 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14192905

Efab Recruitment Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Period from 27 June 2022 to 30 June 2023

 

Efab Recruitment Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Efab Recruitment Ltd

Company Information

Director

Elaine Flaherty

Registered office

8 Morland Close
Dunstable
Beds
LU6 3QB

Accountants

MK4 Accountants
14 Brook Dene
Winslow
Buckingham
MK18 3FU

 

Efab Recruitment Ltd

(Registration number: 14192905)
Abridged Balance Sheet as at 30 June 2023

Note

2023
£

Current assets

 

Debtors

4

14,263

Cash at bank and in hand

 

3,582

 

17,845

Creditors: Amounts falling due within one year

(15,718)

Total assets less current liabilities

 

2,127

Accruals and deferred income

 

(1,034)

Net assets

 

1,093

Capital and reserves

 

Called up share capital

5

100

Retained earnings

993

Shareholders' funds

 

1,093

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 27 August 2024
 

.........................................
Elaine Flaherty
Director

 

Efab Recruitment Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 27 June 2022 to 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
8 Morland Close
Dunstable
Beds
LU6 3QB

These financial statements were authorised for issue by the director on 27 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

 

Efab Recruitment Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 27 June 2022 to 30 June 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Debtors

Debtors includes £Nil due after more than one year.

5

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary of £1 each

100

100