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Company Registration No. 12751133 (England and Wales)
SY Recruitment Ltd Unaudited accounts for the year ended 31 July 2024
SY Recruitment Ltd Unaudited accounts Contents
Page
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SY Recruitment Ltd Company Information for the year ended 31 July 2024
Director
Edward Charles David Ewer
Company Number
12751133 (England and Wales)
Registered Office
124 City Road London EC1V 2NX
Accountants
Cone Accounting Limited 124 City Road London EC1V 2NX
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SY Recruitment Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
368 
Current assets
Debtors
28,593 
19,543 
Cash at bank and in hand
119,296 
27,049 
147,889 
46,592 
Creditors: amounts falling due within one year
(52,019)
(16,908)
Net current assets
95,870 
29,684 
Net assets
95,870 
30,052 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
95,570 
29,752 
Shareholders' funds
95,870 
30,052 
For the year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 3 September 2024 and were signed on its behalf by
Edward Charles David Ewer Director Company Registration No. 12751133
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SY Recruitment Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
SY Recruitment Ltd is a private company, limited by shares, registered in England and Wales, registration number 12751133. The registered office is 124 City Road, London, EC1V 2NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% Straight line method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 August 2023
2,660 
At 31 July 2024
2,660 
Depreciation
At 1 August 2023
2,292 
Charge for the year
368 
At 31 July 2024
2,660 
Net book value
At 31 July 2024
- 
At 31 July 2023
368 
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SY Recruitment Ltd Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,876 
12,809 
Accrued income and prepayments
3,017 
5,034 
Other debtors
1,700 
1,700 
28,593 
19,543 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,603 
5,134 
Trade creditors
724 
1,341 
Taxes and social security
39,929 
9,794 
Other creditors
506 
639 
Loans from directors
257 
- 
52,019 
16,908 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
300 Ordinary shares of £1 each
300 
300 
8
Average number of employees
During the year the average number of employees was 3 (2023: 6).
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