Company registration number 14262925 (England and Wales)
CRG RECRUITMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
PAGES FOR FILING WITH REGISTRAR
CRG RECRUITMENT LTD
COMPANY INFORMATION
Director
Mr C D Butler
Company number
14262925
Registered office
365 Highters Heath Lane
Birmingham
B14 4TA
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Starling Bank Limited
5th Floor London Fruit And Wool Exchange
1 Duval Square
London
EC2M 2PP
CRG RECRUITMENT LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 6
CRG RECRUITMENT LTD
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF CRG RECRUITMENT LTD FOR THE YEAR ENDED 31 AUGUST 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CRG Recruitment Ltd for the year ended 31 August 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of CRG Recruitment Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CRG Recruitment Ltd and state those matters that we have agreed to state to the board of directors of CRG Recruitment Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CRG Recruitment Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that CRG Recruitment Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CRG Recruitment Ltd. You consider that CRG Recruitment Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CRG Recruitment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ormerod Rutter Limited
16 January 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
CRG RECRUITMENT LTD
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,524
995
Current assets
Debtors
4
112,753
29,405
Cash at bank and in hand
54,510
37,042
167,263
66,447
Creditors: amounts falling due within one year
5
(131,107)
(53,001)
Net current assets
36,156
13,446
Total assets less current liabilities
37,680
14,441
Provisions for liabilities
6
(381)
(189)
Net assets
37,299
14,252
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
37,298
14,251
Total equity
37,299
14,252

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 16 January 2025
Mr C D Butler
Director
Company registration number 14262925 (England and Wales)
CRG RECRUITMENT LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
- 3 -
1
Accounting policies
Company information

CRG Recruitment Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 365 Highters Heath Lane, Birmingham, B14 4TA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard 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 FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

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

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for services provided in the normal course of business, and is shown net of VAT. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
25% on cost
1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

CRG RECRUITMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
1
Accounting policies
(Continued)
- 4 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.5
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.6
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
CRG RECRUITMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 5 -
3
Tangible fixed assets
Computer equipment
£
Cost
At 1 September 2023
1,176
Additions
1,096
At 31 August 2024
2,272
Depreciation and impairment
At 1 September 2023
181
Depreciation charged in the year
567
At 31 August 2024
748
Carrying amount
At 31 August 2024
1,524
At 31 August 2023
995
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
112,578
29,240
Other debtors
175
165
112,753
29,405
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
70,325
11,514
Taxation and social security
59,714
27,180
Other creditors
1,068
14,307
131,107
53,001
6
Provisions for liabilities
2024
2023
£
£
Deferred tax liabilities
381
189
CRG RECRUITMENT LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2024
- 6 -
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1
1
1
1
8
Ultimate controlling party

The ultimate controlling party is Mr C D Butler.

2024-08-312023-09-01false16 January 2025CCH SoftwareCCH Accounts Production 2024.210No description of principal activityMr C D Butlerfalsefalse142629252023-09-012024-08-3114262925bus:Director12023-09-012024-08-3114262925bus:RegisteredOffice2023-09-012024-08-3114262925bus:Agent12023-09-012024-08-31142629252024-08-31142629252023-08-3114262925core:ComputerEquipment2024-08-3114262925core:ComputerEquipment2023-08-3114262925core:CurrentFinancialInstrumentscore:WithinOneYear2024-08-3114262925core:CurrentFinancialInstrumentscore:WithinOneYear2023-08-3114262925core:CurrentFinancialInstruments2024-08-3114262925core:CurrentFinancialInstruments2023-08-3114262925core:ShareCapital2024-08-3114262925core:ShareCapital2023-08-3114262925core:RetainedEarningsAccumulatedLosses2024-08-3114262925core:RetainedEarningsAccumulatedLosses2023-08-3114262925core:ComputerEquipment2023-09-012024-08-31142629252022-07-282023-08-3114262925core:ComputerEquipment2023-08-3114262925core:WithinOneYear2024-08-3114262925core:WithinOneYear2023-08-3114262925bus:PrivateLimitedCompanyLtd2023-09-012024-08-3114262925bus:SmallCompaniesRegimeForAccounts2023-09-012024-08-3114262925bus:FRS1022023-09-012024-08-3114262925bus:AuditExemptWithAccountantsReport2023-09-012024-08-3114262925bus:FullAccounts2023-09-012024-08-31xbrli:purexbrli:sharesiso4217:GBP