Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31true2023-04-01falseRecruitment55trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06259306 2023-04-01 2024-03-31 06259306 2022-04-01 2023-03-31 06259306 2024-03-31 06259306 2023-03-31 06259306 c:Director1 2023-04-01 2024-03-31 06259306 d:Buildings 2023-04-01 2024-03-31 06259306 d:Buildings 2024-03-31 06259306 d:Buildings 2023-03-31 06259306 d:Buildings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06259306 d:MotorVehicles 2023-04-01 2024-03-31 06259306 d:MotorVehicles 2024-03-31 06259306 d:MotorVehicles 2023-03-31 06259306 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06259306 d:FurnitureFittings 2023-04-01 2024-03-31 06259306 d:OfficeEquipment 2023-04-01 2024-03-31 06259306 d:OtherPropertyPlantEquipment 2023-04-01 2024-03-31 06259306 d:OtherPropertyPlantEquipment 2024-03-31 06259306 d:OtherPropertyPlantEquipment 2023-03-31 06259306 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06259306 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 06259306 d:CurrentFinancialInstruments 2024-03-31 06259306 d:CurrentFinancialInstruments 2023-03-31 06259306 d:Non-currentFinancialInstruments 2024-03-31 06259306 d:Non-currentFinancialInstruments 2023-03-31 06259306 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 06259306 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 06259306 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 06259306 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 06259306 d:ShareCapital 2024-03-31 06259306 d:ShareCapital 2023-03-31 06259306 d:RetainedEarningsAccumulatedLosses 2024-03-31 06259306 d:RetainedEarningsAccumulatedLosses 2023-03-31 06259306 c:FRS102 2023-04-01 2024-03-31 06259306 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 06259306 c:FullAccounts 2023-04-01 2024-03-31 06259306 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 06259306 e:PoundSterling 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Registered number: 06259306










N E EUROPEAN RECRUITMENT LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
N E EUROPEAN RECRUITMENT LIMITED
REGISTERED NUMBER: 06259306

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
£
£

Fixed assets

Tangible assets
122,506
141,927

122,506
141,927

Current assets

Debtors: amounts falling due after more than one year
557,000
518,700

Debtors: amounts falling due within one year
462,287
329,965

Cash at bank and in hand
23,799
87,003

1,043,086
935,668

Creditors: amounts falling due within one year
(235,652)
(185,545)

Net current assets
 
 
807,434
 
 
750,123

Total assets less current liabilities
929,940
892,050

Creditors: amounts falling due after more than one year
(22,199)
(60,208)


Net assets
907,741
831,842


Capital and reserves

Called up share capital 
1,000
1,000

Profit and loss account
906,741
830,842

907,741
831,842


Page 1

 
N E EUROPEAN RECRUITMENT LIMITED
REGISTERED NUMBER: 06259306
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 directors acknowledge their 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 statement of income and retained earnings 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 27 August 2024.




B Collinson
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
N E EUROPEAN RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


GENERAL INFORMATION

The company is a private company, limited by shares, incorporated in England and Wales and its registered office is:-
1 Scarborough Street
Hartlepool
TS24 7DA

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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
The following principal accounting policies have been applied:

 
2.2

Going concern

The directors, having made due and careful enquiry, are of the opinion that the company has adequate working capital to execute its operations over the next 12 months. The directors. therefore, have made an informed judgement, at the time of approving the financial statements, that there is reasonable expectation that the company has adequate resources to continue in opertional existence for the forseeable future. As a result the directors have continued to adopt the going concern basis of accounting in preparing the annual financial statements.

 
2.3

Turnover

Turnover is recognised in the period in which the service is provided and invoiced inclusive of VAT.

 
2.4

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.

Page 3

 
N E EUROPEAN RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.ACCOUNTING POLICIES (CONTINUED)


2.4
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance method.

Depreciation is provided on the following basis:

Freehold property
-
50 years straight line
Motor vehicles
-
25% reducing balance
Fixtures & fittings
-
3 years straight line
Office equipment
-
3 years straight line

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.


3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 5 (2023 - 5).

Page 4

 
N E EUROPEAN RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


TANGIBLE FIXED ASSETS





Freehold property
Motor vehicles
Other fixed assets
Total

£
£
£
£



Cost


At 1 April 2023
83,215
76,000
22,399
181,614


Additions
-
-
866
866



At 31 March 2024

83,215
76,000
23,265
182,480



Depreciation


At 1 April 2023
4,502
20,187
14,998
39,687


Charge for the year on owned assets
1,664
13,953
4,670
20,287



At 31 March 2024

6,166
34,140
19,668
59,974



Net book value



At 31 March 2024
77,049
41,860
3,597
122,506



At 31 March 2023
78,713
55,813
7,401
141,927

Page 5

 
N E EUROPEAN RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


DEBTORS

2024
2023
£
£

Due after more than one year

Other debtors
557,000
518,700

557,000
518,700


2024
2023
£
£

Due within one year

Trade debtors
349,223
321,816

Other debtors
102,200
6,861

Prepayments and accrued income
10,864
1,288

462,287
329,965



6.


CREDITORS: Amounts falling due within one year

2024
2023
£
£

Bank loans
19,000
-

Trade creditors
9,022
721

Corporation tax
52,843
19,686

Other taxation and social security
120,365
156,822

Other creditors
32,297
6,296

Accruals and deferred income
2,125
2,020

235,652
185,545



7.


CREDITORS: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
22,199
60,208

22,199
60,208


Page 6

 
N E EUROPEAN RECRUITMENT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


PENSION COMMITMENTS

The company contributes to a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £14,564 (2023 - £29,588). Contributions totalling £1,702 (2023 - £4,304) were payable to the fund at the balance sheet date and are included in creditors.


9.


RELATED PARTY TRANSACTIONS

At 31 March 2024 the directors owed the company £102,200 (1 April 2023 owed the company: £2,200).

 
Page 7