2023-05-01 2024-04-30 false Capium Accounts Production 1.1 13307986 2023-05-01 2024-04-30 13307986 bus:FullAccounts 2023-05-01 2024-04-30 13307986 bus:FRS102 2023-05-01 2024-04-30 13307986 bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 13307986 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 13307986 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 13307986 2023-05-01 2024-04-30 13307986 2024-04-30 13307986 bus:RegisteredOffice 2023-05-01 2024-04-30 13307986 core:WithinOneYear 2024-04-30 13307986 core:AfterOneYear 2024-04-30 13307986 1 2023-05-01 2024-04-30 13307986 bus:Director1 2023-05-01 2024-04-30 13307986 bus:Director1 2024-04-30 13307986 bus:Director1 2022-05-01 2023-04-30 13307986 2022-05-01 13307986 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 13307986 2022-05-01 2023-04-30 13307986 2023-04-30 13307986 core:WithinOneYear 2023-04-30 13307986 core:AfterOneYear 2023-04-30 13307986 bus:EntityAccountantsOrAuditors 2022-05-01 2023-04-30 13307986 core:ComputerEquipment 2023-05-01 2024-04-30 13307986 core:ComputerEquipment 2024-04-30 13307986 core:ComputerEquipment 2023-04-30 13307986 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-04-30 13307986 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-04-30 13307986 core:CostValuation core:Non-currentFinancialInstruments 2024-04-30 13307986 core:CostValuation core:Non-currentFinancialInstruments 2023-04-30 13307986 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-04-30 13307986 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 13307986 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-04-30 13307986 core:Non-currentFinancialInstruments 2024-04-30 13307986 core:Non-currentFinancialInstruments 2023-04-30 13307986 core:ShareCapital 2024-04-30 13307986 core:ShareCapital 2023-04-30 13307986 core:RetainedEarningsAccumulatedLosses 2024-04-30 13307986 core:RetainedEarningsAccumulatedLosses 2023-04-30 13307986 dpl:Item1 2023-05-01 13307986 dpl:Item1 2024-04-30 13307986 dpl:Item1 2022-05-01 13307986 dpl:Item1 2023-04-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 13307986
England and Wales

 

 

 

THESEARCH LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 May 2023

End date: 30 April 2024
Director Penny Daniels
Registered Number 13307986
Registered Office 86-90 Paul Street
London
EC2A 4NE
Accountants Cypher
Monkswell
Little Baldon
Oxford
OX44 9PU
1
Director's report and financial statements
The director presents their annual report and the financial statements for the year ended 30 April 2024
Principal activities
The principal activity of the company during the year was that of recruitment consultancy.
Director
The director who served the company throughout the year was as follows:
Penny Daniels
Statement of director's responsibilities
The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
Penny Daniels
Director

Date approved: 27 January 2025
2
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 8,749    6,124 
8,749    6,124 
Current assets      
Debtors 4 488,775    259,782 
Cash at bank and in hand 193,048    490,576 
681,823    750,358 
Creditors: amount falling due within one year 5 (106,831)   (197,632)
Net current assets 574,992    552,726 
 
Total assets less current liabilities 583,741    558,850 
Provisions for liabilities 6 (2,751)  
Net assets 580,990    558,850 
 

Capital and reserves
     
Called up share capital 1    1 
Profit and loss account 580,989    558,849 
Shareholders' funds 580,990    558,850 
 


For the year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 27 January 2025 and were signed by:


-------------------------------
Penny Daniels
Director
3
General Information
TheSearch Ltd is a private company, limited by shares, registered in England and Wales, registration number 13307986, registration address 86-90 Paul Street, London, EC2A 4NE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Computer Equipment 3 Straight Line
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 4 (2023 : 4).
3.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 May 2023 9,967    9,967 
Additions 7,544    7,544 
Disposals (1,440)   (1,440)
At 30 April 2024 16,071    16,071 
Depreciation
At 01 May 2023 3,843    3,843 
Charge for year 4,303    4,303 
On disposals (824)   (824)
At 30 April 2024 7,322    7,322 
Net book values
Closing balance as at 30 April 2024 8,749    8,749 
Opening balance as at 01 May 2023 6,124    6,124 


4.

Debtors: amounts falling due within one year

2024
£
  2023
£
Trade Debtors 92,400    23,080 
Prepayments & Accrued Income 63,870    4,701 
Other Debtors 93,175    59,287 
Directors' Current Accounts 239,330    172,714 
488,775    259,782 

5.

Creditors: amount falling due within one year

2024
£
  2023
£
Trade Creditors   7,704 
Corporation Tax 75,675    143,343 
PAYE & Social Security 4,391    3,514 
Accrued Expenses 7,338   
Other Creditors   396 
VAT 19,427    42,675 
106,831    197,632 

6.

Provisions for liabilities

2024
£
  2023
£
Deferred Tax 2,319   
Pension Provisions 432   
2,751   

7.

Loans to Participators

At the balance sheet date the amount owed by the Director was £239,330 (2023: £172,714). Interest of 2.25% was charged in respect of this balance (2023: 2.5%).
4