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REGISTERED NUMBER: 03920995 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Akorn Recruitment Limited

Akorn Recruitment Limited (Registered number: 03920995)






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


Akorn Recruitment Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Mrs A J Marshall
Mrs K Pollard





SECRETARY: Mrs K Pollard





REGISTERED OFFICE: 2nd Floor
14 High Street
East Grinstead
West Sussex
RH19 3AW





REGISTERED NUMBER: 03920995 (England and Wales)





ACCOUNTANTS: Dixons Accounting Services Limited
5 Mountbatten Close
Crawley
West Sussex
RH11 9PE

Akorn Recruitment Limited (Registered number: 03920995)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 714 476
714 476

CURRENT ASSETS
Debtors 6 34,520 24,877
Cash at bank 86,828 89,347
121,348 114,224
CREDITORS
Amounts falling due within one year 7 97,175 77,298
NET CURRENT ASSETS 24,173 36,926
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,887

37,402

PROVISIONS FOR LIABILITIES 136 90
NET ASSETS 24,751 37,312

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 24,749 37,310
SHAREHOLDERS' FUNDS 24,751 37,312

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.

Akorn Recruitment Limited (Registered number: 03920995)

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 and authorised for issue by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:




Mrs A J Marshall - Director



Mrs K Pollard - Director


Akorn Recruitment Limited (Registered number: 03920995)

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

1. STATUTORY INFORMATION

Akorn 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 represents amounts invoiced during the year excluding value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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
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.

The assets of the scheme are held separately from those of the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 18 ) .

Akorn Recruitment Limited (Registered number: 03920995)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 34,560
AMORTISATION
At 1 April 2023
and 31 March 2024 34,560
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 3,420
Additions 446
At 31 March 2024 3,866
DEPRECIATION
At 1 April 2023 2,944
Charge for year 208
At 31 March 2024 3,152
NET BOOK VALUE
At 31 March 2024 714
At 31 March 2023 476

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 33,805 24,042
Other debtors 715 835
34,520 24,877

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Taxation and social security 75,665 62,705
Other creditors 21,510 14,593
97,175 77,298

Akorn Recruitment Limited (Registered number: 03920995)

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

8. ULTIMATE CONTROLLING PARTY

The company was under the joint control of the directors throughout the period under review.