IRIS Accounts Production v24.3.0.553 03798766 director 26.6.23 30.6.24 30.6.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037987662023-06-25037987662024-06-30037987662023-06-262024-06-30037987662022-06-30037987662022-07-012023-06-25037987662023-06-2503798766ns15:EnglandWales2023-06-262024-06-3003798766ns14:PoundSterling2023-06-262024-06-3003798766ns10:Director12023-06-262024-06-3003798766ns10:PrivateLimitedCompanyLtd2023-06-262024-06-3003798766ns10:SmallEntities2023-06-262024-06-3003798766ns10:AuditExempt-NoAccountantsReport2023-06-262024-06-3003798766ns10:SmallCompaniesRegimeForDirectorsReport2023-06-262024-06-3003798766ns10:SmallCompaniesRegimeForAccounts2023-06-262024-06-3003798766ns10:AbridgedAccounts2023-06-262024-06-3003798766ns10:CompanySecretary12023-06-262024-06-3003798766ns10:RegisteredOffice2023-06-262024-06-3003798766ns5:CurrentFinancialInstruments2024-06-3003798766ns5:CurrentFinancialInstruments2023-06-2503798766ns5:Non-currentFinancialInstruments2024-06-3003798766ns5:Non-currentFinancialInstruments2023-06-2503798766ns5:ShareCapital2024-06-3003798766ns5:ShareCapital2023-06-2503798766ns5:RetainedEarningsAccumulatedLosses2024-06-3003798766ns5:RetainedEarningsAccumulatedLosses2023-06-2503798766ns5:FurnitureFittings2023-06-262024-06-3003798766ns5:MotorVehicles2023-06-262024-06-30
REGISTERED NUMBER: 03798766 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 26 JUNE 2023 TO 30 JUNE 2024

FOR

TEMP RECRUITMENT LTD

TEMP RECRUITMENT LTD (REGISTERED NUMBER: 03798766)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JUNE 2023 TO 30 JUNE 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


TEMP RECRUITMENT LTD

COMPANY INFORMATION
FOR THE PERIOD 26 JUNE 2023 TO 30 JUNE 2024







DIRECTOR: Mr A Ritchie





SECRETARY: Mrs V Ritchie





REGISTERED OFFICE: 23 Yarm Road
Stockton on Tees
TS18 3NJ





REGISTERED NUMBER: 03798766 (England and Wales)





ACCOUNTANTS: Lyons & Co Ltd
23 Yarm Road
Stockton on Tees
TS18 3NJ

TEMP RECRUITMENT LTD (REGISTERED NUMBER: 03798766)

ABRIDGED BALANCE SHEET
30 JUNE 2024

30/6/24 25/6/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 225,414 269,913
Investment property 5 192,431 269,847
417,845 539,760

CURRENT ASSETS
Debtors 425,260 446,534
Cash at bank 66,741 150,011
492,001 596,545
CREDITORS
Amounts falling due within one year 294,000 265,328
NET CURRENT ASSETS 198,001 331,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

615,846

870,977

CREDITORS
Amounts falling due after more than one
year

(65,310

)

(111,148

)

PROVISIONS FOR LIABILITIES (21,946 ) (22,372 )
NET ASSETS 528,590 737,457

CAPITAL AND RESERVES
Called up share capital 220 220
Retained earnings 528,370 737,237
SHAREHOLDERS' FUNDS 528,590 737,457

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 June 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.

TEMP RECRUITMENT LTD (REGISTERED NUMBER: 03798766)

ABRIDGED BALANCE SHEET - continued
30 JUNE 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 30 June 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 January 2025 and were signed by:





Mr A Ritchie - Director


TEMP RECRUITMENT LTD (REGISTERED NUMBER: 03798766)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 26 JUNE 2023 TO 30 JUNE 2024

1. STATUTORY INFORMATION

Temp Recruitment 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.

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.

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.
Fixtures and fittings - 33% on cost and 25% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at the most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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.

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.

TEMP RECRUITMENT LTD (REGISTERED NUMBER: 03798766)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 JUNE 2023 TO 30 JUNE 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 26 June 2023 395,553
Disposals (34,060 )
At 30 June 2024 361,493
DEPRECIATION
At 26 June 2023 125,640
Charge for period 44,040
Eliminated on disposal (33,601 )
At 30 June 2024 136,079
NET BOOK VALUE
At 30 June 2024 225,414
At 25 June 2023 269,913

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
At 26 June 2023 147,735
Transfer to ownership (46,990 )
At 30 June 2024 100,745
DEPRECIATION
At 26 June 2023 51,043
Charge for period 19,218
Transfer to ownership (27,168 )
At 30 June 2024 43,093
NET BOOK VALUE
At 30 June 2024 57,652
At 25 June 2023 96,692

TEMP RECRUITMENT LTD (REGISTERED NUMBER: 03798766)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 26 JUNE 2023 TO 30 JUNE 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 26 June 2023 269,847
Additions 38,108
Disposals (115,524 )
At 30 June 2024 192,431
NET BOOK VALUE
At 30 June 2024 192,431
At 25 June 2023 269,847

6. SECURED DEBTS

The factoring loan is secured by a debenture in place giving a floating charge over the assets of the company.

7. RELATED PARTY DISCLOSURES

During the year Temp Recruitment Ltd traded with TRL Supplies Ltd, a company of which the director of this company is also a director of. The following transactions occurred:

Recharged subcontract labour amounting to £30,634 (2023 - £20,568) was paid in the year.

At the year end £14,570 (2023 - £6,430) was owed by TRL Supplies Ltd.

8. ULTIMATE CONTROLLING PARTY

The company was controlled throughout the current and preceding year by Mr A Ritchie.