Richard Piper Automotive Recruitment Limited 12372908 false 2023-01-01 2023-12-31 2023-12-31 The principal activity of the company is recruitment services to the automotive industry Digita Accounts Production Advanced 6.30.9574.0 true 12372908 2023-01-01 2023-12-31 12372908 2023-12-31 12372908 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 12372908 bus:SmallEntities 2023-01-01 2023-12-31 12372908 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 12372908 bus:FilletedAccounts 2023-01-01 2023-12-31 12372908 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 12372908 bus:RegisteredOffice 2023-01-01 2023-12-31 12372908 bus:Director1 2023-01-01 2023-12-31 12372908 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 12372908 countries:EnglandWales 2023-01-01 2023-12-31 12372908 2022-01-01 2022-12-31 12372908 2022-12-31 12372908 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 iso4217:GBP xbrli:pure

Registration number: 12372908

Richard Piper Automotive Recruitment Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2023

 

Richard Piper Automotive Recruitment Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Richard Piper Automotive Recruitment Limited

(Registration number: 12372908)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Current assets

 

Cash at bank and in hand

 

45,000

40,493

Creditors: Amounts falling due within one year

4

(14,713)

(12,302)

Net assets

 

30,287

28,191

Capital and reserves

 

Called up share capital

10

10

Retained earnings

30,277

28,181

Shareholders' funds

 

30,287

28,191

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 September 2024
 

.........................................
Mr R J Piper
Director

 

Richard Piper Automotive Recruitment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Richard Piper Automotive Recruitment Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

13,333

10,919

Other creditors

1,380

1,383

14,713

12,302

5

Related party transactions

Other transactions with the director

During the year, Mr R J Piper (Director) had a loan with the company. At the end of the year the amount owing to Mr R J Piper was £Nil (2022 £3).