Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseHolding Company22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11965567 2023-01-01 2023-12-31 11965567 2022-01-01 2022-12-31 11965567 2023-12-31 11965567 2022-12-31 11965567 c:Director1 2023-01-01 2023-12-31 11965567 d:CurrentFinancialInstruments 2023-12-31 11965567 d:CurrentFinancialInstruments 2022-12-31 11965567 d:Non-currentFinancialInstruments 2023-12-31 11965567 d:Non-currentFinancialInstruments 2022-12-31 11965567 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11965567 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 11965567 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11965567 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 11965567 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 11965567 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-12-31 11965567 d:ShareCapital 2023-12-31 11965567 d:ShareCapital 2022-12-31 11965567 d:SharePremium 2023-12-31 11965567 d:SharePremium 2022-12-31 11965567 d:RetainedEarningsAccumulatedLosses 2023-12-31 11965567 d:RetainedEarningsAccumulatedLosses 2022-12-31 11965567 c:FRS102 2023-01-01 2023-12-31 11965567 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 11965567 c:FullAccounts 2023-01-01 2023-12-31 11965567 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 11965567 6 2023-01-01 2023-12-31 11965567 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 11965567










TPP RECRUITMENT GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
TPP RECRUITMENT GROUP LIMITED
REGISTERED NUMBER: 11965567

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
808,805
808,805

  
808,805
808,805

Current assets
  

Cash at bank and in hand
 5 
2,977
1,298

  
2,977
1,298

Creditors: amounts falling due within one year
 6 
(33,890)
(18,290)

Net current liabilities
  
 
 
(30,913)
 
 
(16,992)

Total assets less current liabilities
  
777,892
791,813

Creditors: amounts falling due after more than one year
 7 
(336,000)
(336,000)

  

Net assets
  
441,892
455,813


Capital and reserves
  

Called up share capital 
  
100
100

Share premium account
  
207,900
207,900

Profit and loss account
  
233,892
247,813

  
441,892
455,813


Page 1

 
TPP RECRUITMENT GROUP LIMITED
REGISTERED NUMBER: 11965567
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Jayne Morris
Director

Date: 24 September 2024

Page 2

 
TPP RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

The company is a private company limited by shares which is incorporated and domiciled in the UK. The registered office address is 1 Vincent Square London SW1P 2PN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Board of Directors of the Company is of the opinion that the accounts have been prepared on a going concern.
The Board of Directors has a reasonable expectation that the Company has adequate resources to continue its operations for a period of at least 12 months from the date that the financial statements are approved. The key method for assessing going concern is through the business planning process which considers profitability, liquidity and solvency. The business planning process considers the Company's business activities, together with factors likely to affect its future development, successful performance and position and key risks in the current economic climate. 

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 3

 
TPP RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 January 2023
808,805



At 31 December 2023
808,805





5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
2,977
1,298

2,977
1,298


Page 4

 
TPP RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Amounts owed to group undertakings
27,360
11,760

Other creditors
4,130
4,130

Accruals and deferred income
2,400
2,400

33,890
18,290


The loan is secured by a fixed and floating charge over all property or undertaking of the company. 


7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Other loans
336,000
336,000

336,000
336,000


The loan is secured by a fixed and floating charge over all property or undertaking of the company. 


8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£



Amounts falling due 2-5 years

Other loans
336,000
336,000


336,000
336,000


336,000
336,000



9.


Related party transactions

At the year end an amount of £27,360 (2022 - £11,760) was owed by the company to its subsidiary TPP Recruitment Ltd. No interest has been accrued on this loan and repayment terms had not been agreed at the balance sheet date.

Page 5

 
TPP RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

10.


Controlling party

The ultimate controlling party for the year under review was Jayne Morris by virtue of her majority shareholding.

 
Page 6