2023-03-012024-02-292024-02-29false06809872DIXON GRACE RECRUITMENT LIMITED2024-10-1482990iso4217:GBPxbrli:pure068098722023-03-01068098722024-02-29068098722023-03-012024-02-29068098722022-03-01068098722023-02-28068098722022-03-012023-02-2806809872bus:SmallEntities2023-03-012024-02-2906809872bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2906809872bus:FullAccounts2023-03-012024-02-2906809872bus:PrivateLimitedCompanyLtd2023-03-012024-02-2906809872core:WithinOneYear2024-02-2906809872core:AfterOneYear2024-02-2906809872core:WithinOneYear2023-02-2806809872core:AfterOneYear2023-02-2806809872core:ShareCapital2024-02-2906809872core:SharePremium2024-02-2906809872core:RevaluationReserve2024-02-2906809872core:OtherReservesSubtotal2024-02-2906809872core:RetainedEarningsAccumulatedLosses2024-02-2906809872core:ShareCapital2023-02-2806809872core:SharePremium2023-02-2806809872core:RevaluationReserve2023-02-2806809872core:OtherReservesSubtotal2023-02-2806809872core:RetainedEarningsAccumulatedLosses2023-02-2806809872core:LandBuildings2024-02-2906809872core:PlantMachinery2024-02-2906809872core:Vehicles2024-02-2906809872core:FurnitureFittings2024-02-2906809872core:OfficeEquipment2024-02-2906809872core:NetGoodwill2024-02-2906809872core:IntangibleAssetsOtherThanGoodwill2024-02-2906809872core:ListedExchangeTraded2024-02-2906809872core:UnlistedNon-exchangeTraded2024-02-2906809872core:LandBuildings2023-02-2806809872core:PlantMachinery2023-02-2806809872core:Vehicles2023-02-2806809872core:FurnitureFittings2023-02-2806809872core:OfficeEquipment2023-02-2806809872core:NetGoodwill2023-02-2806809872core:IntangibleAssetsOtherThanGoodwill2023-02-2806809872core:ListedExchangeTraded2023-02-2806809872core:UnlistedNon-exchangeTraded2023-02-2806809872core:LandBuildings2023-03-012024-02-2906809872core:PlantMachinery2023-03-012024-02-2906809872core:Vehicles2023-03-012024-02-2906809872core:FurnitureFittings2023-03-012024-02-2906809872core:OfficeEquipment2023-03-012024-02-2906809872core:NetGoodwill2023-03-012024-02-2906809872core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2906809872core:ListedExchangeTraded2023-03-012024-02-2906809872core:UnlistedNon-exchangeTraded2023-03-012024-02-2906809872core:MoreThanFiveYears2023-03-012024-02-2906809872core:Non-currentFinancialInstruments2024-02-2906809872core:Non-currentFinancialInstruments2023-02-2806809872dpl:CostSales2023-03-012024-02-2906809872dpl:DistributionCosts2023-03-012024-02-2906809872core:LandBuildings2023-03-012024-02-2906809872core:PlantMachinery2023-03-012024-02-2906809872core:Vehicles2023-03-012024-02-2906809872core:FurnitureFittings2023-03-012024-02-2906809872core:OfficeEquipment2023-03-012024-02-2906809872dpl:AdministrativeExpenses2023-03-012024-02-2906809872core:NetGoodwill2023-03-012024-02-2906809872core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2906809872dpl:GroupUndertakings2023-03-012024-02-2906809872dpl:ParticipatingInterests2023-03-012024-02-2906809872dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2906809872core:ListedExchangeTraded2023-03-012024-02-2906809872dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2906809872core:UnlistedNon-exchangeTraded2023-03-012024-02-2906809872dpl:CostSales2022-03-012023-02-2806809872dpl:DistributionCosts2022-03-012023-02-2806809872core:LandBuildings2022-03-012023-02-2806809872core:PlantMachinery2022-03-012023-02-2806809872core:Vehicles2022-03-012023-02-2806809872core:FurnitureFittings2022-03-012023-02-2806809872core:OfficeEquipment2022-03-012023-02-2806809872dpl:AdministrativeExpenses2022-03-012023-02-2806809872core:NetGoodwill2022-03-012023-02-2806809872core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2806809872dpl:GroupUndertakings2022-03-012023-02-2806809872dpl:ParticipatingInterests2022-03-012023-02-2806809872dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2806809872core:ListedExchangeTraded2022-03-012023-02-2806809872dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2806809872core:UnlistedNon-exchangeTraded2022-03-012023-02-2806809872core:NetGoodwill2024-02-2906809872core:IntangibleAssetsOtherThanGoodwill2024-02-2906809872core:LandBuildings2024-02-2906809872core:PlantMachinery2024-02-2906809872core:Vehicles2024-02-2906809872core:FurnitureFittings2024-02-2906809872core:OfficeEquipment2024-02-2906809872core:AfterOneYear2024-02-2906809872core:WithinOneYear2024-02-2906809872core:ListedExchangeTraded2024-02-2906809872core:UnlistedNon-exchangeTraded2024-02-2906809872core:ShareCapital2024-02-2906809872core:SharePremium2024-02-2906809872core:RevaluationReserve2024-02-2906809872core:OtherReservesSubtotal2024-02-2906809872core:RetainedEarningsAccumulatedLosses2024-02-2906809872core:NetGoodwill2023-02-2806809872core:IntangibleAssetsOtherThanGoodwill2023-02-2806809872core:LandBuildings2023-02-2806809872core:PlantMachinery2023-02-2806809872core:Vehicles2023-02-2806809872core:FurnitureFittings2023-02-2806809872core:OfficeEquipment2023-02-2806809872core:AfterOneYear2023-02-2806809872core:WithinOneYear2023-02-2806809872core:ListedExchangeTraded2023-02-2806809872core:UnlistedNon-exchangeTraded2023-02-2806809872core:ShareCapital2023-02-2806809872core:SharePremium2023-02-2806809872core:RevaluationReserve2023-02-2806809872core:OtherReservesSubtotal2023-02-2806809872core:RetainedEarningsAccumulatedLosses2023-02-2806809872core:NetGoodwill2022-03-0106809872core:IntangibleAssetsOtherThanGoodwill2022-03-0106809872core:LandBuildings2022-03-0106809872core:PlantMachinery2022-03-0106809872core:Vehicles2022-03-0106809872core:FurnitureFittings2022-03-0106809872core:OfficeEquipment2022-03-0106809872core:AfterOneYear2022-03-0106809872core:WithinOneYear2022-03-0106809872core:ListedExchangeTraded2022-03-0106809872core:UnlistedNon-exchangeTraded2022-03-0106809872core:ShareCapital2022-03-0106809872core:SharePremium2022-03-0106809872core:RevaluationReserve2022-03-0106809872core:OtherReservesSubtotal2022-03-0106809872core:RetainedEarningsAccumulatedLosses2022-03-0106809872core:AfterOneYear2023-03-012024-02-2906809872core:WithinOneYear2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:CostValuation2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-012024-02-2906809872core:Non-currentFinancialInstrumentscore:CostValuation2024-02-2906809872core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-02-2906809872core:Non-currentFinancialInstrumentscore:CostValuation2023-02-2806809872core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-2806809872core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-2806809872bus:Director12023-03-012024-02-2906809872bus:Director22023-03-012024-02-29

DIXON GRACE RECRUITMENT LIMITED

Registered Number
06809872
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

DIXON GRACE RECRUITMENT LIMITED
Company Information
for the year from 1 March 2023 to 29 February 2024

Directors

PAIN, Robert
POLAND, Andrew

Registered Address

James Watson House Montgomery Way
Rosehill Industrial Estate
Carlisle
CA1 2UU

Registered Number

06809872 (England and Wales)
DIXON GRACE RECRUITMENT LIMITED
Statement of Financial Position
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3290385
290385
Current assets
Debtors449,53347,580
Cash at bank and on hand8,60865,936
58,141113,516
Creditors amounts falling due within one year5(41,996)(80,088)
Net current assets (liabilities)16,14533,428
Total assets less current liabilities16,43533,813
Net assets16,43533,813
Capital and reserves
Called up share capital1010
Profit and loss account16,42533,803
Shareholders' funds16,43533,813
The financial statements were approved and authorised for issue by the Board of Directors on 14 October 2024, and are signed on its behalf by:
PAIN, Robert
Director
POLAND, Andrew
Director

Registered Company No. 06809872
DIXON GRACE RECRUITMENT LIMITED
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. 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.
Defined contribution pension plan
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Income. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Financial instruments
The Company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.Average number of employees

20242023
Average number of employees during the year1831
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 March 234,0164,016
At 29 February 244,0164,016
Depreciation and impairment
At 01 March 233,6313,631
Charge for year9595
At 29 February 243,7263,726
Net book value
At 29 February 24290290
At 28 February 23385385
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables49,53347,580
Total49,53347,580
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables13,49521,480
Taxation and social security18,40140,242
Other creditors2,7158,345
Accrued liabilities and deferred income7,38510,021
Total41,99680,088
£12,471 (2023 - £21,225) is included in trade creditors and is secured by way of a fixed and floating charge in favour of Lloyds TSB.
6.Pension commitments
The pension cost charge represents contributions payable by the company to the fund and amounted to £10,648 (2023 - £10,522).