REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
31 OCTOBER 2022 TO 29 FEBRUARY 2024 |
FOR |
THE NURSES UK GROUP LTD |
REGISTERED NUMBER: |
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: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
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 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
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 were approved by the director and authorised for issue on |
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 |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
BASIS OF PREPARING THE FINANCIAL STATEMENTS |
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 |
Fixtures and fittings | - |
Motor vehicles | - |
Computer equipment | - |
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 |
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 |
Additions |
At 29 February 2024 |
DEPRECIATION |
At 31 October 2022 |
Charge for period |
At 29 February 2024 |
NET BOOK VALUE |
At 29 February 2024 |
At 30 October 2022 |
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 |
Other debtors |
Amounts owed by group undertakings |
Amounts owed by associates |
Factoring Advances |
Prepayments |
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 |
Amounts owed to group undertakings |
Tax |
Social security and other taxes |
Pension payable | (1,958 | ) | 200 |
Other creditors |
Wages payable | (5,849 | ) | - |
Directors' current accounts |
Accrued expenses |
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. |
Chartered Accountants |
Chilworth Point |
1 Chilworth Road |
Southampton |
SO16 7JQ |
Date: ............................................. |