Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-012Holding companyfalsefalse2truetrue 11327854 2023-07-01 2024-06-30 11327854 2022-07-01 2023-06-30 11327854 2024-06-30 11327854 2023-06-30 11327854 c:Director1 2023-07-01 2024-06-30 11327854 d:CurrentFinancialInstruments 2024-06-30 11327854 d:CurrentFinancialInstruments 2023-06-30 11327854 d:Non-currentFinancialInstruments 2024-06-30 11327854 d:Non-currentFinancialInstruments 2023-06-30 11327854 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 11327854 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11327854 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 11327854 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 11327854 d:ShareCapital 2024-06-30 11327854 d:ShareCapital 2023-06-30 11327854 d:RetainedEarningsAccumulatedLosses 2024-06-30 11327854 d:RetainedEarningsAccumulatedLosses 2023-06-30 11327854 c:OrdinaryShareClass1 2023-07-01 2024-06-30 11327854 c:OrdinaryShareClass1 2024-06-30 11327854 c:OrdinaryShareClass1 2023-06-30 11327854 c:FRS102 2023-07-01 2024-06-30 11327854 c:Audited 2023-07-01 2024-06-30 11327854 c:FullAccounts 2023-07-01 2024-06-30 11327854 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11327854 c:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11327854 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11327854










FARSIGHT RECRUITMENT (HOLDINGS) LIMITED










Financial statements

Information for filing with the registrar

For the year ended 30 June 2024

 
FARSIGHT RECRUITMENT (HOLDINGS) LIMITED
Registered number: 11327854

Balance sheet
As at 30 June 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due after more than one year
 4 
94,829
161,439

Debtors: amounts falling due within one year
 4 
72,792
72,792

  
167,621
234,231

Creditors: amounts falling due within one year
 5 
(72,792)
(72,792)

Net current assets
  
 
 
94,829
 
 
161,439

Creditors: amounts falling due after more than one year
 6 
(94,829)
(161,439)

  

Net assets
  
-
-


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
(2)
(2)

  
-
-


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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 March 2025.




Mr S Bailey
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
FARSIGHT RECRUITMENT (HOLDINGS) LIMITED
 

 
Notes to the financial statements
For the year ended 30 June 2024

1.


General information

Farsight Recruitment (Holdings) Limited is a private company limited by shares incorporated in Englandand Wales. The registered office is The Homestead, Derby Road, Lower Kilburn, Derbyshire, DE56 0NH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of 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.

The following principal accounting policies have been applied:

 
2.2

Going concern

The directors consider that it is appropriate to prepare the financial statements on a going concern basis. The basis for this is outlined in more detail below.
The directors have not considered it necessary to prepare formal forecasts for the Company as it will continue to be supported by its parent company.
The directors therefore, consider that they have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. The Company therefore, continues to adopt the going concern basis in preparing its financial statements.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.5

Financial instruments

Basic financial assets
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.
Basic financial liabilities
Loans and borrowings are initially recognised at the transaction price including transaction costs.
Subsequently, they are measured at amortised cost using the effective interest method. Loans and
borrowings that are receivable within one year are not discounted. If an arrangement constitutes a finance transaction it is measured at present value of future payments discounted at a market rate of interest for a similar loan.


Page 2

 
FARSIGHT RECRUITMENT (HOLDINGS) LIMITED
 

 
Notes to the financial statements
For the year ended 30 June 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
94,829
161,439


2024
2023
£
£

Due within one year

Other debtors
72,792
72,792



5.


Creditors: Amounts falling due within one year

2024
2023
£
£

Amounts owed to group undertakings
72,792
72,792



6.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Amounts owed to group undertakings
94,829
161,439



7.


Share capital

2024
2023
£
£
Authorised, allotted, called up and fully paid



2 (2023 - 2) Ordinary shares of £1.00 each
2
2



8.


Related party transactions

The Company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the Group.
There are no other key management personnel other than the directors. 

Page 3

 
FARSIGHT RECRUITMENT (HOLDINGS) LIMITED
 

 
Notes to the financial statements
For the year ended 30 June 2024

9.


Controlling party

The parent company is Bailey Construction (Derby) Holdings Limited, a company registered in England and Wales. Its registered office is disclosed in note 1 to the financial statements. 


10.


Auditors' information

The auditors' report on the financial statements for the year ended 30 June 2024 was unqualified.

The audit report was signed on 11 March 2025 by Lucy Robinson (Senior statutory auditor) on behalf of PKF Smith Cooper Audit Limited.

Page 4