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REGISTERED NUMBER: 10412988 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

31 OCTOBER 2022 TO 29 FEBRUARY 2024

FOR

THE NURSES UK GROUP LTD

THE NURSES UK GROUP LTD (REGISTERED NUMBER: 10412988)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 OCTOBER 2022 TO 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

THE NURSES UK GROUP LTD

COMPANY INFORMATION
FOR THE PERIOD 31 OCTOBER 2022 TO 29 FEBRUARY 2024







DIRECTOR: Mrs R B Preston





REGISTERED OFFICE: 1st Floor
Chilworth Point
1 Chilworth Road
Southampton
Hampshire
SO16 7JQ





REGISTERED NUMBER: 10412988 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ

THE NURSES UK GROUP LTD (REGISTERED NUMBER: 10412988)

BALANCE SHEET
29 FEBRUARY 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 101,462 2,876

CURRENT ASSETS
Debtors 5 810,436 249,845
Cash at bank and in hand 322,208 109,404
1,132,644 359,249
CREDITORS
Amounts falling due within one year 6 570,458 74,763
NET CURRENT ASSETS 562,186 284,486
TOTAL ASSETS LESS CURRENT
LIABILITIES

663,648

287,362

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 663,647 287,361
663,648 287,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 21 January 2025 and were signed by:





Mrs R B Preston - Director


THE NURSES UK GROUP LTD (REGISTERED NUMBER: 10412988)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 OCTOBER 2022 TO 29 FEBRUARY 2024

1. STATUTORY INFORMATION

The Nurses UK Group 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.

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.

REVENUE RECOGNITION
Revenue is the amount derived from recruitment for nursing jobs as in line with the company's ordinary activities for the financial year, stated net of VAT.

Revenue is recognised when the amount of revenue can be measured reliably and it is probable that the economic benefits associated with the transaction will flow to the entity.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost included expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and if appropriate are adjusted if there is an indication of a significant change since the last reporting date.

TAXATION
Taxation for the period comprises current 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 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.

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
The company makes contributions into a recognised UK defined contribution scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Obligations for contributions to defined contribution pension schemes are recognised as an expense in the profit and loss account in the periods during which services are rendered by employees.

SHORT-TERM DEBTORS AND CREDITORS
Debtors and creditors receivable and payable within one year or upon demand are recorded at transaction price whether or not a rate of interest is charged on the balance.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 16 (2022 - 29 ) .

THE NURSES UK GROUP LTD (REGISTERED NUMBER: 10412988)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 OCTOBER 2022 TO 29 FEBRUARY 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 31 October 2022 - - 4,135 4,135
Additions 4,845 120,942 3,051 128,838
At 29 February 2024 4,845 120,942 7,186 132,973
DEPRECIATION
At 31 October 2022 - - 1,259 1,259
Charge for period 224 27,716 2,312 30,252
At 29 February 2024 224 27,716 3,571 31,511
NET BOOK VALUE
At 29 February 2024 4,621 93,226 3,615 101,462
At 30 October 2022 - - 2,876 2,876

At 29 February 2024 the company had no contractual commitments for the acquisition of tangible fixed assets (30 October 2022: £nil).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 674,767 100,139
Other debtors 3,794 3,787
Amounts owed by group undertakings - 139,658
Amounts owed by associates 129,363 -
Factoring Advances - 5,979
Prepayments 2,512 282
810,436 249,845

Amounts owed from group undertakings are interest free, unsecured and repayable on demand.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors 1,126 -
Amounts owed to group undertakings 40,564 11,607
Tax 136,817 12,094
Social security and other taxes - 2,799
Pension payable (1,958 ) 200
Other creditors 397,113 41,781
Wages payable (5,849 ) -
Directors' current accounts 1 1,491
Accrued expenses 2,644 4,791
570,458 74,763

Amounts owed to group undertakings are unsecured, interest free and repayable on demand.

7. OTHER PENSION COMMITMENTS

The company operates a defined contribution pension scheme, the assets of which are held separately from those of the company in an independently administered fund. At the balance sheet date, overpaid contributions of £1,958 were owed from the pension fund.

THE NURSES UK GROUP LTD (REGISTERED NUMBER: 10412988)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 OCTOBER 2022 TO 29 FEBRUARY 2024

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed amounts totalling £129,363 from associated companies.

At the balance sheet date, the company owed amounts totalling £40,564 to group companies.

These sums are unsecured and repayable on demand, with no interest charged.

9. ULTIMATE CONTROLLING PARTY

At the balance sheet date the company is under the control of RP Enterprise Holdings Ltd, a company incorporated in the United Kingdom, who registered office is 1st Floor, Chilworth Road, Southampton, SO16 7JQ.

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THE NURSES UK GROUP LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Nurses UK Group Ltd for the period ended 29 February 2024 which comprise the Statement of Income and Retained Earnings, 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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

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

It is your duty to ensure that The Nurses UK Group 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 The Nurses UK Group Ltd. You consider that The Nurses UK Group Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of The Nurses UK Group 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.






Rothmans LLP
Chartered Accountants
Chilworth Point
1 Chilworth Road
Southampton
SO16 7JQ


Date: .............................................