Company Registration No. 11354902 (England and Wales)
Amco Recruits Limited
Unaudited accounts
for the year ended 31 May 2024
Amco Recruits Limited
Unaudited accounts
Contents
Amco Recruits Limited
Company Information
for the year ended 31 May 2024
Directors
M N Mohammed Ameer
Mohamed Firnas Badurdeen
Mohamed Jinnah Mohamed Fawaz
Company Number
11354902 (England and Wales)
Registered Office
Unit 1, Chancerygate Business Center,Sto
Ruislip
Greater London
HA4 0JA
United Kingdom
Accountants
The Peek Partnership Limited
Unit 1, Chancerygate Business Center
Stonefield Way
Ruislip
Middlesex
HA4 0JA
Amco Recruits Limited
Statement of financial position
as at 31 May 2024
Intangible assets
1,896
4,579
Tangible assets
5,424
9,924
Cash at bank and in hand
246,547
296,745
Creditors: amounts falling due within one year
(22,598)
(233,232)
Net current assets
223,949
184,603
Total assets less current liabilities
231,269
199,106
Creditors: amounts falling due after more than one year
(155,393)
(166,947)
Provisions for liabilities
Deferred tax
(8,116)
(2,344)
Called up share capital
1
1
Profit and loss account
67,759
29,814
Shareholders' funds
67,760
29,815
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2025 and were signed on its behalf by
Mohamed Jinnah Mohamed Fawaz
Director
Company Registration No. 11354902
Amco Recruits Limited
Notes to the Accounts
for the year ended 31 May 2024
Amco Recruits Limited is a private company, limited by shares, registered in England and Wales, registration number 11354902. The registered office is Unit 1, Chancerygate Business Center,Sto, Ruislip, Greater London, HA4 0JA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% Reducing Balance
Fixtures & fittings
20% Straight Line
Computer equipment
25 % Straight Line
Intangible fixed assets (including Design and build website) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Amco Recruits Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Intangible fixed assets
Total
5
Tangible fixed assets
Total
6
Average number of employees
During the year the average number of employees was 2 (2023: 3).