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REGISTERED NUMBER: 08861395 (England and Wales)

























Financial Statements

for the Year Ended 31 March 2024

for

CMD Recruitment Limited

CMD Recruitment Limited (Registered number: 08861395)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CMD Recruitment Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: D C Barfoot
T J Barfoot





REGISTERED OFFICE: The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR





REGISTERED NUMBER: 08861395 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

CMD Recruitment Limited (Registered number: 08861395)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 42,592 21,863
Investments 5 - 150,000
42,592 171,863

CURRENT ASSETS
Debtors 6 2,154,770 1,772,213
Cash at bank 908,210 1,433,238
3,062,980 3,205,451
CREDITORS
Amounts falling due within one year 7 1,410,136 1,171,826
NET CURRENT ASSETS 1,652,844 2,033,625
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,695,436

2,205,488

PROVISIONS FOR LIABILITIES 9,036 3,653
NET ASSETS 1,686,400 2,201,835

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,686,300 2,201,735
SHAREHOLDERS' FUNDS 1,686,400 2,201,835

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CMD Recruitment Limited (Registered number: 08861395)

Balance Sheet - continued
31 March 2024


The 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 October 2024 and were signed on its behalf by:




D C Barfoot - Director



T J Barfoot - Director


CMD Recruitment Limited (Registered number: 08861395)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

CMD Recruitment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover relates to the provision of recruitment services to customers. Turnover is recognised when the agency staff have worked at the customer's premises.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 243 (2023 - 290 ) .

CMD Recruitment Limited (Registered number: 08861395)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 117,137
Additions 37,500
Disposals (61,554 )
At 31 March 2024 93,083
DEPRECIATION
At 1 April 2023 95,274
Charge for year 13,652
Eliminated on disposal (58,435 )
At 31 March 2024 50,491
NET BOOK VALUE
At 31 March 2024 42,592
At 31 March 2023 21,863

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023 150,000
Disposals (150,000 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 150,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,777,250 1,316,343
Other debtors 377,520 455,870
2,154,770 1,772,213

CMD Recruitment Limited (Registered number: 08861395)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 57,291 473
Other creditors 1,352,845 1,171,353
1,410,136 1,171,826

8. ULTIMATE CONTROLLING PARTY

The controlling party is TJDCB Holdings Limited.

The registered office address of TJDCB Holdings Limited is The Old Post Office, 41-43 Market Place, Chippenham, Wiltshire SN15 3HR.