Silverfin false false 31/03/2024 01/04/2023 31/03/2024 A Freeman 12/07/2024 06/03/2020 L Lee 02/10/2023 06/03/2020 K Mccarthy-Booth 10/03/2020 I McMullin 20/08/2024 06/03/2020 A Morris 03/02/2022 K Smith 06/03/2020 16 September 2024 The principal activity of the company continued to be that of a parent holding company. 12502239 2024-03-31 12502239 bus:Director1 2024-03-31 12502239 bus:Director2 2024-03-31 12502239 bus:Director3 2024-03-31 12502239 bus:Director4 2024-03-31 12502239 bus:Director5 2024-03-31 12502239 bus:Director6 2024-03-31 12502239 2023-03-31 12502239 core:CurrentFinancialInstruments 2024-03-31 12502239 core:CurrentFinancialInstruments 2023-03-31 12502239 core:ShareCapital 2024-03-31 12502239 core:ShareCapital 2023-03-31 12502239 core:SharePremium 2024-03-31 12502239 core:SharePremium 2023-03-31 12502239 core:RetainedEarningsAccumulatedLosses 2024-03-31 12502239 core:RetainedEarningsAccumulatedLosses 2023-03-31 12502239 2023-04-01 2024-03-31 12502239 bus:FilletedAccounts 2023-04-01 2024-03-31 12502239 bus:SmallEntities 2023-04-01 2024-03-31 12502239 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12502239 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12502239 bus:Director1 2023-04-01 2024-03-31 12502239 bus:Director2 2023-04-01 2024-03-31 12502239 bus:Director3 2023-04-01 2024-03-31 12502239 bus:Director4 2023-04-01 2024-03-31 12502239 bus:Director5 2023-04-01 2024-03-31 12502239 bus:Director6 2023-04-01 2024-03-31 12502239 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Company No: 12502239 (England and Wales)

MCCARTHY RECRUITMENT HOLDINGS LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

MCCARTHY RECRUITMENT HOLDINGS LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

MCCARTHY RECRUITMENT HOLDINGS LIMITED

BALANCE SHEET

As at 31 March 2024
MCCARTHY RECRUITMENT HOLDINGS LIMITED

BALANCE SHEET (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Investments 4 2,462,150 2,462,150
2,462,150 2,462,150
Current assets
Cash at bank and in hand 80 80
80 80
Creditors: amounts falling due within one year 5 ( 1,149,400) ( 1,160,000)
Net current liabilities (1,149,320) (1,159,920)
Total assets less current liabilities 1,312,830 1,302,230
Net assets 1,312,830 1,302,230
Capital and reserves
Called-up share capital 100 100
Share premium account 299,980 299,980
Profit and loss account 1,012,750 1,002,150
Total shareholders' funds 1,312,830 1,302,230

For the financial 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.

Directors' responsibilities:

The financial statements of McCarthy Recruitment Holdings Limited (registered number: 12502239) were approved and authorised for issue by the Board of Directors on 16 September 2024. They were signed on its behalf by:

K Mccarthy-Booth
Director
MCCARTHY RECRUITMENT HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
MCCARTHY RECRUITMENT HOLDINGS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

McCarthy Recruitment Holdings Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Olympic Park Olympic Way, Birchwood, Warrington, WA2 0YL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company’s accounting policies, the directors are required to make judgements that have a significant impact on the amounts recognised. The following are the critical judgements that the directors have made in the process of applying the Company’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

3. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 6 6

4. Fixed asset investments

2024 2023
£ £
Subsidiary undertakings 2,462,150 2,462,150

5. Creditors: amounts falling due within one year

2024 2023
£ £
Other creditors 1,149,400 1,160,000