IRIS Accounts Production v24.2.0.383 10701858 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false 115979 23646 115979 139625 115979 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107018582023-03-31107018582024-03-31107018582023-04-012024-03-31107018582022-03-31107018582022-04-012023-03-31107018582023-03-3110701858ns15:EnglandWales2023-04-012024-03-3110701858ns14:PoundSterling2023-04-012024-03-3110701858ns10:Director12023-04-012024-03-3110701858ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3110701858ns10:SmallEntities2023-04-012024-03-3110701858ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3110701858ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3110701858ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3110701858ns10:FullAccounts2023-04-012024-03-311070185812023-04-012024-03-311070185842ns10:Director22023-03-311070185842ns10:Director22023-04-012024-03-311070185842ns10:Director22022-04-012023-03-311070185842ns10:Director22024-03-311070185842ns10:Director22023-03-3110701858ns10:Director22023-04-012024-03-3110701858ns10:RegisteredOffice2023-04-012024-03-3110701858ns5:CurrentFinancialInstruments2024-03-3110701858ns5:CurrentFinancialInstruments2023-03-3110701858ns5:Non-currentFinancialInstruments2024-03-3110701858ns5:Non-currentFinancialInstruments2023-03-3110701858ns5:ShareCapital2024-03-3110701858ns5:ShareCapital2023-03-3110701858ns5:RetainedEarningsAccumulatedLosses2024-03-3110701858ns5:RetainedEarningsAccumulatedLosses2023-03-3110701858ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3110701858ns5:ComputerSoftware2023-04-012024-03-3110701858ns5:PlantMachinery2023-04-012024-03-3110701858ns5:ComputerSoftware2023-03-3110701858ns5:ComputerSoftware2024-03-3110701858ns5:ComputerSoftware2023-03-3110701858ns5:PlantMachinery2023-03-3110701858ns5:PlantMachinery2024-03-3110701858ns5:PlantMachinery2023-03-3110701858ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3110701858ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110701858ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3110701858ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-31107018581ns10:Director12023-03-31107018581ns10:Director12022-03-31107018581ns10:Director12023-04-012024-03-31107018581ns10:Director12022-04-012023-03-31107018581ns10:Director12024-03-31107018581ns10:Director12023-03-31
REGISTERED NUMBER: 10701858 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

KM4HR RECRUITMENT SOLUTIONS LIMITED

KM4HR RECRUITMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 10701858)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


KM4HR RECRUITMENT SOLUTIONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mr K J Mcmahon
Mrs H Mcmahon





REGISTERED OFFICE: 39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB





REGISTERED NUMBER: 10701858 (England and Wales)





ACCOUNTANTS: Meades Group Limited
39 The Metro Centre
Tolpits Lane
Watford
Hertfordshire
WD18 9SB

KM4HR RECRUITMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 10701858)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,026 2,702
Tangible assets 5 1,471 2,146
3,497 4,848

CURRENT ASSETS
Debtors 6 295,248 239,991
Cash at bank 15,525 58,594
310,773 298,585
CREDITORS
Amounts falling due within one
year

7

287,011

218,878
NET CURRENT ASSETS 23,762 79,707
TOTAL ASSETS LESS CURRENT
LIABILITIES

27,259

84,555

CREDITORS
Amounts falling due after more
than one year

8

(26,624

)

(32,293

)

PROVISIONS FOR LIABILITIES (368 ) -
NET ASSETS 267 52,262

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 265 52,260
267 52,262

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 directors acknowledge their 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.

KM4HR RECRUITMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 10701858)

STATEMENT OF FINANCIAL POSITION - continued
31ST MARCH 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6th September 2024 and were signed on its behalf by:





Mr K J Mcmahon - Director


KM4HR RECRUITMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 10701858)

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

1. STATUTORY INFORMATION

Km4hr Recruitment Solutions 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

Basis of preparing the financial statements
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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 6 (2023 - 8 ) .

KM4HR RECRUITMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 10701858)

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

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1st April 2023
and 31st March 2024 3,152
AMORTISATION
At 1st April 2023 450
Amortisation for year 676
At 31st March 2024 1,126
NET BOOK VALUE
At 31st March 2024 2,026
At 31st March 2023 2,702

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1st April 2023 14,542
Additions 583
At 31st March 2024 15,125
DEPRECIATION
At 1st April 2023 12,396
Charge for year 1,258
At 31st March 2024 13,654
NET BOOK VALUE
At 31st March 2024 1,471
At 31st March 2023 2,146

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 82,023 40,530
Other debtors 18,709 45,345
Directors' current accounts 139,625 115,979
Section 455 tax 54,891 38,137
295,248 239,991

KM4HR RECRUITMENT SOLUTIONS LIMITED (REGISTERED NUMBER: 10701858)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 92,080 41,101
Trade creditors 2,647 14,196
Amounts owed to group undertakings 14,919 16,021
Corporation tax 82,347 69,917
Social security and other taxes 37,479 24,504
VAT 57,539 51,892
Other creditors - 1,247
287,011 218,878

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 26,624 32,293

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st March 2024 and 31st March 2023:

2024 2023
£    £   
Mr K J Mcmahon and Mrs H Mcmahon
Balance outstanding at start of year 115,979 -
Amounts advanced 23,646 115,979
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 139,625 115,979