IRIS Accounts Production v24.3.0.553 08780011 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087800112023-03-31087800112024-03-31087800112023-04-012024-03-31087800112022-03-31087800112022-04-012023-03-31087800112023-03-3108780011ns15:EnglandWales2023-04-012024-03-3108780011ns14:PoundSterling2023-04-012024-03-3108780011ns10:Director12023-04-012024-03-3108780011ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3108780011ns10:SmallEntities2023-04-012024-03-3108780011ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3108780011ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3108780011ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3108780011ns10:FullAccounts2023-04-012024-03-310878001112023-04-012024-03-3108780011ns10:Director22023-04-012024-03-3108780011ns10:CompanySecretary12023-04-012024-03-3108780011ns10:RegisteredOffice2023-04-012024-03-3108780011ns5:CurrentFinancialInstruments2024-03-3108780011ns5:CurrentFinancialInstruments2023-03-3108780011ns5:Non-currentFinancialInstruments2024-03-3108780011ns5:Non-currentFinancialInstruments2023-03-3108780011ns5:ShareCapital2024-03-3108780011ns5:ShareCapital2023-03-3108780011ns5:RetainedEarningsAccumulatedLosses2024-03-3108780011ns5:RetainedEarningsAccumulatedLosses2023-03-3108780011ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3108780011ns5:ComputerSoftware2023-04-012024-03-3108780011ns5:PlantMachinery2023-04-012024-03-3108780011ns5:FurnitureFittings2023-04-012024-03-3108780011ns5:IntangibleAssetsOtherThanGoodwill2023-03-3108780011ns5:IntangibleAssetsOtherThanGoodwill2024-03-3108780011ns5:IntangibleAssetsOtherThanGoodwill2023-03-3108780011ns5:PlantMachinery2023-03-3108780011ns5:FurnitureFittings2023-03-3108780011ns5:PlantMachinery2024-03-3108780011ns5:FurnitureFittings2024-03-3108780011ns5:PlantMachinery2023-03-3108780011ns5:FurnitureFittings2023-03-3108780011ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3108780011ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 08780011 (England and Wales)












TALENT SURE RECRUITMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

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


TALENT SURE RECRUITMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: D J Shore
Mrs T E Shore



SECRETARY: Mrs T E Shore



REGISTERED OFFICE: Highland House
Mayflower Close
Chandlers Ford
Eastleigh
Hampshire
SO53 4AR



REGISTERED NUMBER: 08780011 (England and Wales)



BANKERS: Lloyds Bank plc
92 - 94 Above Bar Street
Southampton
Hampshire
SO14 7DT

TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,833 2,188
1,833 2,188

CURRENT ASSETS
Debtors 6 56,057 128,145
Cash at bank 57,796 117,648
113,853 245,793
CREDITORS
Amounts falling due within one year 7 (65,495 ) (136,187 )
NET CURRENT ASSETS 48,358 109,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,191

111,794

CREDITORS
Amounts falling due after more than one
year

8

(11,667

)

(21,667

)

PROVISIONS FOR LIABILITIES (459 ) (547 )
NET ASSETS 38,065 89,580

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 37,865 89,380
SHAREHOLDERS' FUNDS 38,065 89,580

TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

BALANCE SHEET - continued
31 MARCH 2024


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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:





Mrs T E Shore - Director


TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Talent Sure 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 FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and far view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

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 represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Office equipment - Straight line over 3 years
Fixtures and fittings - Straight line over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Financial instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividend's payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company


TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

Financial assets
The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 April 2023
and 31 March 2024 4,800
AMORTISATION
At 1 April 2023
and 31 March 2024 4,800
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Office and
equipment fittings Totals
£ £ £
COST
At 1 April 2023 25,185 11,407 36,592
Additions 816 - 816
At 31 March 2024 26,001 11,407 37,408
DEPRECIATION
At 1 April 2023 22,997 11,407 34,404
Charge for year 1,171 - 1,171
At 31 March 2024 24,168 11,407 35,575
NET BOOK VALUE
At 31 March 2024 1,833 - 1,833
At 31 March 2023 2,188 - 2,188

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 27,183 104,082
Other debtors 28,874 24,063
56,057 128,145

TALENT SURE RECRUITMENT LIMITED (REGISTERED NUMBER: 08780011)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 3,205 3,763
Taxation and social security 36,569 92,021
Other creditors 15,721 30,403
65,495 136,187

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 11,667 21,667

9. LEASING AGREEMENTS

At the balance sheet date the company had future commitments under operating leases totalling £24,842 (2023: £24,623).