2023-08-01 2024-07-31 false Capium Accounts Production 1.1 05485758 bus:AbridgedAccounts 2023-08-01 2024-07-31 05485758 bus:FRS102 2023-08-01 2024-07-31 05485758 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05485758 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05485758 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05485758 2023-08-01 2024-07-31 05485758 2024-07-31 05485758 bus:RegisteredOffice 2023-08-01 2024-07-31 05485758 core:WithinOneYear 2024-07-31 05485758 core:AfterOneYear 2024-07-31 05485758 bus:Director1 2023-08-01 2024-07-31 05485758 bus:Director1 2024-07-31 05485758 bus:Director1 2022-08-01 2023-07-31 05485758 2022-08-01 05485758 bus:LeadAgentIfApplicable 2023-08-01 2024-07-31 05485758 2022-08-01 2023-07-31 05485758 2023-07-31 05485758 core:WithinOneYear 2023-07-31 05485758 core:AfterOneYear 2023-07-31 05485758 bus:EntityAccountantsOrAuditors 2022-08-01 2023-07-31 05485758 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 05485758 bus:OrdinaryShareClass1 2024-07-31 05485758 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 05485758 bus:OrdinaryShareClass1 2023-07-31 05485758 core:FurnitureFittings 2023-08-01 2024-07-31 05485758 core:FurnitureFittings 2024-07-31 05485758 core:FurnitureFittings 2023-07-31 05485758 core:ComputerEquipment 2023-08-01 2024-07-31 05485758 core:ComputerEquipment 2024-07-31 05485758 core:ComputerEquipment 2023-07-31 05485758 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-07-31 05485758 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-07-31 05485758 core:CostValuation core:Non-currentFinancialInstruments 2024-07-31 05485758 core:CostValuation core:Non-currentFinancialInstruments 2023-07-31 05485758 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-07-31 05485758 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 05485758 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-07-31 05485758 core:Non-currentFinancialInstruments 2024-07-31 05485758 core:Non-currentFinancialInstruments 2023-07-31 05485758 core:ShareCapital 2024-07-31 05485758 core:ShareCapital 2023-07-31 05485758 core:RetainedEarningsAccumulatedLosses 2024-07-31 05485758 core:RetainedEarningsAccumulatedLosses 2023-07-31 05485758 dpl:Item1 2023-08-01 05485758 dpl:Item1 2024-07-31 05485758 dpl:Item1 2022-08-01 05485758 dpl:Item1 2023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05485758
England and Wales

 

 

 

FARSIGHT RECRUITMENT LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 August 2023

End date: 31 July 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 6,787    9,050 
6,787    9,050 
Current assets      
Debtors 1,255,087    1,101,394 
Cash at bank and in hand 13,550    13,945 
1,268,637    1,115,339 
Creditors: amount falling due within one year (602,399)   (478,650)
Net current assets 666,238    636,689 
 
Total assets less current liabilities 673,025    645,739 
Creditors: amount falling due after more than one year (18,946)   (22,732)
Net assets 654,079    623,007 
 

Capital and reserves
     
Called up share capital 4 556    556 
Profit and loss account 653,523    622,451 
Shareholders' funds 654,079    623,007 
 


For the year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 12 September 2024 and were signed by:


-------------------------------
Donna Butler
Director
1
General Information
Farsight Recruitment Limited is a private company, limited by shares, registered in England and Wales, registration number 05485758, registration address 6a Market Place, Derby, DE1 3QE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Fixtures and Fittings 25% Reducing Balance
Computer Equipment 25% Reducing Balance
2.

Average number of employees

Average number of employees during the year was 10 (2023 : 11).
3.

Tangible fixed assets

Cost or valuation Fixtures and Fittings   Computer Equipment   Total
  £   £   £
At 01 August 2023 6,468    7,420    13,888 
Additions    
Disposals    
At 31 July 2024 6,468    7,420    13,888 
Depreciation
At 01 August 2023 1,569    3,269    4,838 
Charge for year 1,225    1,038    2,263 
On disposals    
At 31 July 2024 2,794    4,307    7,101 
Net book values
Closing balance as at 31 July 2024 3,674    3,113    6,787 
Opening balance as at 01 August 2023 4,899    4,151    9,050 


4.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
556 Ordinary shares of £1.00 each 556    556 
556    556 

2