Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-31No description of principal activityfalse2023-01-01truefalse1514falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 02693535 2023-01-01 2023-12-31 02693535 2022-01-01 2022-12-31 02693535 2023-12-31 02693535 2022-12-31 02693535 c:Director1 2023-01-01 2023-12-31 02693535 d:CurrentFinancialInstruments 2023-12-31 02693535 d:CurrentFinancialInstruments 2022-12-31 02693535 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02693535 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02693535 d:ShareCapital 2023-12-31 02693535 d:ShareCapital 2022-12-31 02693535 d:RetainedEarningsAccumulatedLosses 2023-12-31 02693535 d:RetainedEarningsAccumulatedLosses 2022-12-31 02693535 c:OrdinaryShareClass1 2023-01-01 2023-12-31 02693535 c:OrdinaryShareClass1 2023-12-31 02693535 c:OrdinaryShareClass1 2022-12-31 02693535 c:FRS102 2023-01-01 2023-12-31 02693535 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02693535 c:FullAccounts 2023-01-01 2023-12-31 02693535 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02693535 2 2023-01-01 2023-12-31 02693535 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 02693535









METRUS EMPLOYMENT SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
METRUS EMPLOYMENT SERVICES LIMITED
REGISTERED NUMBER: 02693535

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
956,493
1,136,583

Cash at bank and in hand
 5 
827,735
589,062

  
1,784,228
1,725,645

Creditors: amounts falling due within one year
 6 
(807,127)
(868,036)

Net current assets
  
 
 
977,101
 
 
857,609

Total assets less current liabilities
  
977,101
857,609

  

Net assets
  
977,101
857,609


Capital and reserves
  

Called up share capital 
 7 
100
100

Profit and loss account
  
977,001
857,509

  
977,101
857,609


Page 1

 
METRUS EMPLOYMENT SERVICES LIMITED
REGISTERED NUMBER: 02693535
    
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 comprehensive income 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: 




A Sayer
Director

Date: 8 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

Metrus Employment Services Limited is a private company limited by shares, incorporated in England and Wales (registered number 02693535). The registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom W1W 6XH. 

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

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

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.

Page 3

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.5

Pensions

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

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.

 
2.9

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 15 (2022 - 14).

Page 4

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Debtors

2023
2022
£
£


Trade debtors
44,234
25,943

Amounts owed by group undertakings
896,000
866,000

Amounts owed by related undertakings
-
230,000

Other debtors
3,776
3,580

Prepayments and accrued income
12,483
11,060

956,493
1,136,583



5.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
827,735
589,062

827,735
589,062



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
2,392
9,791

Amounts owed to group undertakings
590,539
728,617

Corporation tax
37,050
22,171

Other taxation and social security
177,146
107,354

Accruals and deferred income
-
103

807,127
868,036



7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



100 (2022 - 100) Ordinary Share shares of £1.00 each
100
100


Page 5

 
METRUS EMPLOYMENT SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

8.


Pension commitments

The Company operates a defined contributions pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £69,989.44 (2022 - £51,407). 

 
Page 6