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Company No: 07867661 (England and Wales)

EDGE RECRUITS (HOLDINGS) LIMITED

Unaudited Financial Statements
For the financial year ended 30 September 2024
Pages for filing with the registrar

EDGE RECRUITS (HOLDINGS) LIMITED

Unaudited Financial Statements

For the financial year ended 30 September 2024

Contents

EDGE RECRUITS (HOLDINGS) LIMITED

BALANCE SHEET

As at 30 September 2024
EDGE RECRUITS (HOLDINGS) LIMITED

BALANCE SHEET (continued)

As at 30 September 2024
Note 2024 2023
£ £
Fixed assets
Investments 3 341,555 341,555
341,555 341,555
Current assets
Debtors 4 50 50
50 50
Creditors: amounts falling due within one year 5 ( 341,377) ( 298,047)
Net current liabilities (341,327) (297,997)
Total assets less current liabilities 228 43,558
Net assets 228 43,558
Capital and reserves
Called-up share capital 6 110 110
Profit and loss account 118 43,448
Total shareholder's funds 228 43,558

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Edge Recruits (Holdings) Limited (registered number: 07867661) were approved and authorised for issue by the Director on 28 February 2025. They were signed on its behalf by:

Chris Leonard
Director
EDGE RECRUITS (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
EDGE RECRUITS (HOLDINGS) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Edge Recruits (Holdings) Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption in section 399 of the Companies Act 2006 not to prepare consolidated accounts, because the group it heads qualifies as small. The financial statements present information about the Company as an individual entity only.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Fixed asset investments

Investments in subsidiaries

2024
£
Cost
At 01 October 2023 342,839
At 30 September 2024 342,839
Provisions for impairment
At 01 October 2023 1,284
At 30 September 2024 1,284
Carrying value at 30 September 2024 341,555
Carrying value at 30 September 2023 341,555

Investments in shares

Name of entity Registered office Principal activity Class of
shares
Ownership
30.09.2024
Ownership
30.09.2023
Mego Employment Limited Sigma House, Torquay, TQ2 7FF Provision of permanent and temporary staff Ordinary 100.00% 100.00%

4. Debtors

2024 2023
£ £
Other debtors 50 50

5. Creditors: amounts falling due within one year

2024 2023
£ £
Amounts owed to Group undertakings 341,377 298,047

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
110 Ordinary shares of £ 1.00 each 110 110