Company Registration No. 08919585 (England and Wales)
RECRUITCARE PROFESSIONALS LTD
Unaudited accounts
for the year ended 31 March 2024
RECRUITCARE PROFESSIONALS LTD
Unaudited accounts
Contents
RECRUITCARE PROFESSIONALS LTD
Company Information
for the year ended 31 March 2024
Directors
WEDZERAI TAKAWIRA
MAXWELL CHIMHINA
Company Number
08919585 (England and Wales)
Registered Office
JHUMAT HOUSE
160 LONDON ROAD
BARKING
IG11 8BB
UNITED KINGDOM
Accountants
Vakt & Co limited
279 NEWMARSH ROAD
London
SE28 8TE
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of RECRUITCARE PROFESSIONALS LTD (The Company) for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 March 2024 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated . Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 March 2024.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Vakt & Co limited
Financial Accountants
279 NEWMARSH ROAD
London
SE28 8TE
16 September 2024
RECRUITCARE PROFESSIONALS LTD
Statement of financial position
as at 31 March 2024
Tangible assets
2,449
6,132
Cash at bank and in hand
1,163
916
Creditors: amounts falling due within one year
(2,640)
(916)
Net current assets
2,618
4,095
Total assets less current liabilities
5,067
10,227
Creditors: amounts falling due after more than one year
(22,427)
(12,758)
Net liabilities
(17,360)
(2,531)
Called up share capital
3
3
Profit and loss account
(17,363)
(2,534)
Shareholders' funds
(17,360)
(2,531)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by
WEDZERAI TAKAWIRA
Director
Company Registration No. 08919585
RECRUITCARE PROFESSIONALS LTD
Notes to the Accounts
for the year ended 31 March 2024
RECRUITCARE PROFESSIONALS LTD is a private company, limited by shares, registered in England and Wales, registration number 08919585. The registered office is JHUMAT HOUSE , 160 LONDON ROAD , BARKING , IG11 8BB, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
1,549
4,100
4,205
1,898
11,752
At 31 March 2024
1,549
4,100
4,205
1,898
11,752
At 1 April 2023
-
2,050
3,096
474
5,620
Charge for the year
1,549
1,025
1,109
-
3,683
At 31 March 2024
1,549
3,075
4,205
474
9,303
At 31 March 2024
-
1,025
-
1,424
2,449
At 31 March 2023
1,549
2,050
1,109
1,424
6,132
RECRUITCARE PROFESSIONALS LTD
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,640
916
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
11,378
-
Allotted, called up and fully paid:
2 WEDZERAI TAKAWIRA of £1 each
2
2
1 MAXWELL CHIMHINA of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
3,221
15,440
2,700
15,961
Directors Loan
(105)
8,087
12,565
(4,583)
3,116
23,527
15,265
11,378
10
Average number of employees
During the year the average number of employees was 10 (2023: 10).