2023-09-01 2024-08-31 false Capium Accounts Production 1.1 02259796 2023-09-01 2024-08-31 02259796 bus:AbridgedAccounts 2023-09-01 2024-08-31 02259796 bus:FRS102 2023-09-01 2024-08-31 02259796 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 02259796 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 02259796 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 02259796 2023-09-01 2024-08-31 02259796 2024-08-31 02259796 bus:RegisteredOffice 2023-09-01 2024-08-31 02259796 core:WithinOneYear 2024-08-31 02259796 core:AfterOneYear 2024-08-31 02259796 1 2023-09-01 2024-08-31 02259796 bus:Director1 2023-09-01 2024-08-31 02259796 bus:Director1 2024-08-31 02259796 bus:Director1 2022-09-01 2023-08-31 02259796 2022-09-01 02259796 bus:CompanySecretary1 2023-09-01 2024-08-31 02259796 bus:LeadAgentIfApplicable 2023-09-01 2024-08-31 02259796 2022-09-01 2023-08-31 02259796 2023-08-31 02259796 core:WithinOneYear 2023-08-31 02259796 core:AfterOneYear 2023-08-31 02259796 bus:EntityAccountantsOrAuditors 2022-09-01 2023-08-31 02259796 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 02259796 bus:OrdinaryShareClass1 2024-08-31 02259796 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 02259796 bus:OrdinaryShareClass1 2023-08-31 02259796 bus:OrdinaryShareClass3 2023-09-01 2024-08-31 02259796 bus:OrdinaryShareClass3 2024-08-31 02259796 bus:OrdinaryShareClass3 2022-09-01 2023-08-31 02259796 bus:OrdinaryShareClass3 2023-08-31 02259796 core:PlantMachinery 2023-09-01 2024-08-31 02259796 core:PlantMachinery 2024-08-31 02259796 core:PlantMachinery 2023-08-31 02259796 core:ComputerEquipment 2023-09-01 2024-08-31 02259796 core:ComputerEquipment 2024-08-31 02259796 core:ComputerEquipment 2023-08-31 02259796 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-08-31 02259796 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 02259796 core:CostValuation core:Non-currentFinancialInstruments 2024-08-31 02259796 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 02259796 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-08-31 02259796 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 02259796 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-08-31 02259796 core:Non-currentFinancialInstruments 2024-08-31 02259796 core:Non-currentFinancialInstruments 2023-08-31 02259796 core:ShareCapital 2024-08-31 02259796 core:ShareCapital 2023-08-31 02259796 core:SharePremium 2024-08-31 02259796 core:SharePremium 2023-08-31 02259796 core:RetainedEarningsAccumulatedLosses 2024-08-31 02259796 core:RetainedEarningsAccumulatedLosses 2023-08-31 02259796 dpl:Item1 2023-09-01 02259796 dpl:Item1 2024-08-31 02259796 dpl:Item1 2022-09-01 02259796 dpl:Item1 2023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 02259796
England and Wales

 

 

 

SUCCESS APPOINTMENTS LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 September 2023

End date: 31 August 2024
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Success Appointments Limited for the year ended 31st August 2024.


In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Success Appointments Limited for the year ended 31st August 2024. which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.


As a practicing member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.


This report is made solely to the Board of Directors of Success Appointments Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Success Appointments Limited and state those matters that we have agreed to state to the Board of Directors of Success Appointments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Success Appointments Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Success Appointments Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Success Appointments Limited. You consider that Success Appointments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Success Appointments Limited. 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 accounts.


Spot On Chartered Accountants
Office 1.42, 1st Floor
Building 2
Croxley Business Park
Watford
WD18 8YA
17 February 2025
1
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Tangible fixed assets 3 21,239    20,629 
Investments 4 80,000   
101,239    20,629 
Current assets      
Debtors 120,284    148,622 
Cash at bank and in hand 419,005    493,440 
539,289    642,062 
Creditors: amount falling due within one year (73,552)   (68,063)
Net current assets 465,737    573,999 
 
Total assets less current liabilities 566,976    594,628 
Creditors: amount falling due after more than one year (18,294)   (28,908)
Net assets 548,682    565,720 
 

Capital and reserves
     
Called up share capital 5 45,001    50,002 
Share premium account 328,402    328,402 
Profit and loss account 175,279    187,316 
Shareholders' funds 548,682    565,720 
 



For the period ended on 31st August 2024, the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.


Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 17 February 2025 and were signed on its behalf by:


-------------------------------
Deepak Saluja
Director
2
General Information
Success Appointments Limited is a private company, limited by shares, registered in England and Wales, registration number 02259796, registration address Office 1.71, 1st Floor, Building 2, Croxley Business Park , Watford, WD18 8YA
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. Monetary amounts in these financial statements are rounded to the nearest sterling.
The financial statements are prepared in sterling which is the functional currency of the company. The principal accounting policies adopted are set out below.

Going concern basis
The directors believe that the company is experiencing good levels of revenue growth and profitability, and that it is well-placed to manage its business risks successfully. Accordingly, at the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operation for the foreseeable future. Thus the directors continues to adopt the going concern basis of accounting in preparing the financial statements. 
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Turnover arising from the placement of permanent candidates is recognised at the time the candidate commences full time employment.
Turnover arising from temporary placements is recongised over the period that temporary workers are provided where the company is acting as a principal.  
Leases
Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight-line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leased asset are consumed.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.


The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided on all tangible fixed asset at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:


Plant and Machinery 15 Reducing Balance
Computer Equipment 15 Reducing Balance
Employee benefits
The cost of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets. The cost of any unused holiday entitlement is recognised in the period in which the employee's service is received. Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of any employee's or to provide termination benefits.
Equity instrument
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 
2.

Average number of employees

Average number of employees during the year was 35 (2023 : 50).
3.

Tangible fixed assets

Cost or valuation Plant and Machinery   Computer Equipment   Total
  £   £   £
At 01 September 2023 241,680    8,595    250,275 
Additions   4,080    4,080 
Disposals    
At 31 August 2024 241,680    12,675    254,355 
Depreciation
At 01 September 2023 228,062    1,584    229,646 
Charge for year 2,042    1,428    3,470 
On disposals    
At 31 August 2024 230,104    3,012    233,116 
Net book values
Closing balance as at 31 August 2024 11,576    9,663    21,239 
Opening balance as at 01 September 2023 13,618    7,011    20,629 


4.

Investments

Cost Other investments other than loans   Total
  £   £
At 01 September 2023  
Additions 80,000    80,000 
Transfer to/from tangible fixed assets  
Disposals  
At 31 August 2024 80,000    80,000 

5.

Share Capital

Allotted, called up and fully paid
2024
£
  2023
£
45,000 Ordinary shares of £1.00 each 45,000    45,000 
1 Class B share of £1.00 each  
45,001    45,001 

3