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REGISTERED NUMBER: 03795016 (England and Wales)















CELSIUS GRADUATE RECRUITMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CELSIUS GRADUATE RECRUITMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: D B Shields





REGISTERED OFFICE: Orchard House
Small Lane
Mobberley
Cheshire
WA16 6JJ





REGISTERED NUMBER: 03795016 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 46,419 66,079

CURRENT ASSETS
Debtors 5 26,629 45,970
Cash at bank and in hand 76,152 159,950
102,781 205,920
CREDITORS
Amounts falling due within one year 6 78,906 113,138
NET CURRENT ASSETS 23,875 92,782
TOTAL ASSETS LESS CURRENT
LIABILITIES

70,294

158,861

CREDITORS
Amounts falling due after more than one
year

7

(21,784

)

(25,629

)

PROVISIONS FOR LIABILITIES (5,641 ) (1,748 )
NET ASSETS 42,869 131,484

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 42,769 131,384
SHAREHOLDERS' FUNDS 42,869 131,484

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





D B Shields - Director


CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Celsius Graduate 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover is recognised on placement of candidates to clients and is invoiced on 7 day terms.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Short leasehold and property improvements - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on cost

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.

CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director has reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, the company continues to adopt the going concern basis in preparing its financial statements.

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

Creditors
Short term creditors are measured at transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Short
leasehold
and Fixtures
property and Motor
improvements fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2023
and 30 April 2024 38,685 29,391 42,419 110,495
DEPRECIATION
At 1 May 2023 10,899 22,029 11,488 44,416
Charge for year 7,737 1,318 10,605 19,660
At 30 April 2024 18,636 23,347 22,093 64,076
NET BOOK VALUE
At 30 April 2024 20,049 6,044 20,326 46,419
At 30 April 2023 27,786 7,362 30,931 66,079

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2023
and 30 April 2024 42,419
DEPRECIATION
At 1 May 2023 11,488
Charge for year 10,605
At 30 April 2024 22,093
NET BOOK VALUE
At 30 April 2024 20,326
At 30 April 2023 30,931

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 24,700 39,100
Prepayments 1,929 6,870
26,629 45,970

CELSIUS GRADUATE RECRUITMENT LIMITED (REGISTERED NUMBER: 03795016)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 3,946 3,946
Trade creditors 15,248 12,265
Corporation tax 19,783 1,348
Social security and other taxes 1,156 1,700
VAT 7,854 7,671
Other creditors 14,033 68,072
Directors' current accounts 2,426 3,970
Accrued expenses 14,460 14,166
78,906 113,138

Other creditors includes £367 (2023: £325) of unpaid pension contributions.

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 21,784 25,629

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 3,946 3,946
Between one and five years 21,784 25,629
25,730 29,575

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 25,730 29,575

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100