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REGISTERED NUMBER: 14810831 (England and Wales)















Financial Statements for the Period 18 April 2023 to 30 April 2024

for

Elsom Recruitment Ltd

Elsom Recruitment Ltd (Registered number: 14810831)






Contents of the Financial Statements
for the Period 18 April 2023 to 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Elsom Recruitment Ltd

Company Information
for the Period 18 April 2023 to 30 April 2024







DIRECTORS: Miss D Barrett
A M Elsom





REGISTERED OFFICE: 7 Prosperdale Close
Hawkins Road
Colchester
Essex
CO2 8JX





REGISTERED NUMBER: 14810831 (England and Wales)





ACCOUNTANTS: Maurice Lake & Co Limited
Accountants and
Taxation Consultants
Maulak Chambers
The Centre
High Street
Halstead
Essex
CO9 2AJ

Elsom Recruitment Ltd (Registered number: 14810831)

Balance Sheet
30 April 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 291,375
Tangible assets 5 8,683
300,058

CURRENT ASSETS
Stocks 5,000
Debtors 6 268,755
Cash at bank 12,314
286,069
CREDITORS
Amounts falling due within one year 7 422,354
NET CURRENT LIABILITIES (136,285 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,773

CREDITORS
Amounts falling due after more than one
year

8

163,333
NET ASSETS 440

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings 438
440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 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.

Elsom Recruitment Ltd (Registered number: 14810831)

Balance Sheet - continued
30 April 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 by the Board of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by:





A M Elsom - Director


Elsom Recruitment Ltd (Registered number: 14810831)

Notes to the Financial Statements
for the Period 18 April 2023 to 30 April 2024

1. STATUTORY INFORMATION

Elsom Recruitment Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

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 - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period 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 period 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.

Elsom Recruitment Ltd (Registered number: 14810831)

Notes to the Financial Statements - continued
for the Period 18 April 2023 to 30 April 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 315,000
At 30 April 2024 315,000
AMORTISATION
Charge for period 23,625
At 30 April 2024 23,625
NET BOOK VALUE
At 30 April 2024 291,375

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 10,687
At 30 April 2024 10,687
DEPRECIATION
Charge for period 2,004
At 30 April 2024 2,004
NET BOOK VALUE
At 30 April 2024 8,683

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 268,755

Elsom Recruitment Ltd (Registered number: 14810831)

Notes to the Financial Statements - continued
for the Period 18 April 2023 to 30 April 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 49,000
Trade creditors 77,733
Taxation and social security 85,538
Other creditors 210,083
422,354

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 163,333