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REGISTERED NUMBER: 06841809 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

CITYSCAPE RECRUITMENT LIMITED

CITYSCAPE RECRUITMENT LIMITED (REGISTERED NUMBER: 06841809)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CITYSCAPE RECRUITMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: N D Hall





REGISTERED OFFICE: 1st Floor Regency House
43 High Street
Rickmansworth
Hertfordshire
WD3 1ET





REGISTERED NUMBER: 06841809 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

CITYSCAPE RECRUITMENT LIMITED (REGISTERED NUMBER: 06841809)

BALANCE SHEET
31ST MARCH 2024

31.3.24 31.3.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 140,686 797,812
Investments 5 7,973 7,973
148,659 805,785

CURRENT ASSETS
Debtors 6 677,667 800,451
Cash at bank and in hand 473,318 492,806
1,150,985 1,293,257
CREDITORS
Amounts falling due within one year 7 134,391 242,936
NET CURRENT ASSETS 1,016,594 1,050,321
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,165,253

1,856,106

CREDITORS
Amounts falling due after more than one
year

8

19,871

322,337
NET ASSETS 1,145,382 1,533,769

CAPITAL AND RESERVES
Called up share capital 106 106
Retained earnings 1,145,276 1,533,663
SHAREHOLDERS' FUNDS 1,145,382 1,533,769

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 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.

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 30th August 2024 and were signed by:



N D Hall - Director


CITYSCAPE RECRUITMENT LIMITED (REGISTERED NUMBER: 06841809)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2024

1. STATUTORY INFORMATION

Cityscape Recruitment Limited 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

Compliance with accounting standards
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.

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (UK Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

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 the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Plant and machinery - 33% on cost
Motor vehicles - 20% 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 year was 22 (2023 - 21 ) .

4. TANGIBLE FIXED ASSETS
Freehold Improvements Plant and Motor
property to property machinery vehicles Totals
£ £ £ £ £
COST
At 1st April 2023 652,031 98,009 26,491 72,541 849,072
Additions - 15,225 4,084 - 19,309
Disposals (652,031 ) - (4,850 ) - (656,881 )
At 31st March 2024 - 113,234 25,725 72,541 211,500
DEPRECIATION
At 1st April 2023 - - 19,523 31,737 51,260
Charge for year - - 5,967 18,135 24,102
Eliminated on disposal - - (4,548 ) - (4,548 )
At 31st March 2024 - - 20,942 49,872 70,814
NET BOOK VALUE
At 31st March 2024 - 113,234 4,783 22,669 140,686
At 31st March 2023 652,031 98,009 6,968 40,804 797,812

CITYSCAPE RECRUITMENT LIMITED (REGISTERED NUMBER: 06841809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.24 31.3.23
£ £
Investments 7,973 7,973

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Trade debtors 323,374 490,537
Amounts owed by associates 302,460 264,355
Directors' loan accounts 20 -
Prepayments and accrued income 51,813 45,559
677,667 800,451

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£ £
Bank loans and overdrafts 10,057 49,049
HP contract - less than 1 year 8,515 13,964
Trade creditors 14,416 28,300
Tax 4,463 59,056
VAT 64,951 82,647
Other creditors 3,691 2,761
Deferred income 24,202 3,380
Accrued expenses 4,096 3,779
134,391 242,936

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£ £
Bank loans - more than 1 year 18,196 312,147
HP contract - more than 1 year 1,675 10,190
19,871 322,337

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£ £
Bank loans 28,253 361,196

The bank loan is secured against assets owned by the company.

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,014,717 were paid to the director .

CITYSCAPE RECRUITMENT LIMITED (REGISTERED NUMBER: 06841809)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2024

10. RELATED PARTY DISCLOSURES - continued

On 27 December 2023, Cityscape Recruitment Trade Holdings Ltd acquired the entire share capital in the company by way of a share for share exchange.

Prior to the acquisition of shares, the company paid total dividends of £25,000 to the director.

On 9 August 2023, the company declared a dividend in-specie of £989,717. This was satisfied by way of a transfer of the freehold property at Regency House, 43 High Street, Rickmansworth, Hertfordshire, WD3 1ET, to a fellow group company, Threadneedle Commercial Property Ltd.

11. ULTIMATE CONTROLLING PARTY

Cityscape Recruitment Ltd is the 100% subsidiary of Cityscape Recruitment Trade Holdings Ltd. There is no ultimate controlling party.