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REGISTERED NUMBER: 05446901 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

LAWES RECRUITMENT (UK) LIMITED

LAWES RECRUITMENT (UK) LIMITED (REGISTERED NUMBER: 05446901)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


LAWES RECRUITMENT (UK) LIMITED

COMPANY INFORMATION
for the year ended 31 May 2024







DIRECTORS: Mr L T Spink
Mr S Lawes
Mrs J Lawes
Mrs D Spink
Mr J Hunt





SECRETARY: Mr L T Spink





REGISTERED OFFICE: 5 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD





REGISTERED NUMBER: 05446901 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

LAWES RECRUITMENT (UK) LIMITED (REGISTERED NUMBER: 05446901)

ABRIDGED BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 16,603 18,947

CURRENT ASSETS
Debtors 720,755 484,560
Cash at bank - 52,521
720,755 537,081
CREDITORS
Amounts falling due within one year 508,657 268,551
NET CURRENT ASSETS 212,098 268,530
TOTAL ASSETS LESS CURRENT
LIABILITIES

228,701

287,477

CREDITORS
Amounts falling due after more than one year 78,870 120,833
NET ASSETS 149,831 166,644

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 149,731 166,544
SHAREHOLDERS' FUNDS 149,831 166,644

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

LAWES RECRUITMENT (UK) LIMITED (REGISTERED NUMBER: 05446901)

ABRIDGED BALANCE SHEET - continued
31 May 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 Income Statement and an abridged Balance Sheet for the year ended 31 May 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 Board of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by:





Mr S Lawes - Director


LAWES RECRUITMENT (UK) LIMITED (REGISTERED NUMBER: 05446901)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 May 2024

1. STATUTORY INFORMATION

Lawes Recruitment (Uk) 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 represents net invoiced sales of services, excluding value added tax.

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
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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 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.

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 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.

LAWES RECRUITMENT (UK) LIMITED (REGISTERED NUMBER: 05446901)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 15 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 104,920
Additions 3,191
At 31 May 2024 108,111
DEPRECIATION
At 1 June 2023 85,973
Charge for year 5,535
At 31 May 2024 91,508
NET BOOK VALUE
At 31 May 2024 16,603
At 31 May 2023 18,947

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 128,870 170,833

The bank loans are secured by way of a fixed and floating charge over the undertaking and all property and assets present and future.

LAWES RECRUITMENT (UK) LIMITED (REGISTERED NUMBER: 05446901)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 May 2024

6. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
Mr S Lawes
Balance outstanding at start of year - 40,001
Amounts repaid - (40,001 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Mr L T Spink
Balance outstanding at start of year - 40,001
Amounts repaid - (40,001 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

7. RELATED PARTY DISCLOSURES

At the balance sheet date, the company was owed £109,133 (2023: £90,344) by Alex Caine Ltd, a company with common directors.