Silverfin false false 31/07/2024 14/07/2023 31/07/2024 Wilfred Haydn Fine 14/07/2023 12 April 2025 The principal activity of the Company during the period was that of an employment agency. 15004229 2024-07-31 15004229 bus:Director1 2024-07-31 15004229 core:CurrentFinancialInstruments 2024-07-31 15004229 core:ShareCapital 2024-07-31 15004229 core:RetainedEarningsAccumulatedLosses 2024-07-31 15004229 bus:OrdinaryShareClass1 2024-07-31 15004229 2023-07-14 2024-07-31 15004229 bus:FilletedAccounts 2023-07-14 2024-07-31 15004229 bus:SmallEntities 2023-07-14 2024-07-31 15004229 bus:AuditExemptWithAccountantsReport 2023-07-14 2024-07-31 15004229 bus:PrivateLimitedCompanyLtd 2023-07-14 2024-07-31 15004229 bus:Director1 2023-07-14 2024-07-31 15004229 bus:OrdinaryShareClass1 2023-07-14 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 15004229 (England and Wales)

HAYDN FINE RECRUITMENT LIMITED

Unaudited Financial Statements
For the financial period from 14 July 2023 to 31 July 2024
Pages for filing with the registrar

HAYDN FINE RECRUITMENT LIMITED

Unaudited Financial Statements

For the financial period from 14 July 2023 to 31 July 2024

Contents

HAYDN FINE RECRUITMENT LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 July 2024
HAYDN FINE RECRUITMENT LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 July 2024
Note 31.07.2024
£
Current assets
Debtors 3 100
Cash at bank and in hand 23,397
23,497
Creditors: amounts falling due within one year 4 ( 20,360)
Net current assets 3,137
Total assets less current liabilities 3,137
Net assets 3,137
Capital and reserves
Called-up share capital 5 100
Profit and loss account 3,037
Total shareholder's funds 3,137

For the financial period ending 31 July 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 Haydn Fine Recruitment Limited (registered number: 15004229) were approved and authorised for issue by the Director on 12 April 2025. They were signed on its behalf by:

Wilfred Haydn Fine
Director
HAYDN FINE RECRUITMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 July 2023 to 31 July 2024
HAYDN FINE RECRUITMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 14 July 2023 to 31 July 2024
1. Accounting policies

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

General information and basis of accounting

Haydn Fine Recruitment 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 C/O Bishop Fleming Brook House Manor Drive, Clyst St. Mary, Exeter, EX5 1GD, 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 Statement of Financial Position 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.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Statement of Financial Position date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the supply of services represents the value of services provided under contracts to the extent that there is a right to consideration and is recorded at the fair value of the consideration received or receivable. Where a contract has only been partially completed at the Statement of Financial Position date turnover represents the fair value of the service provided to date based on the stage of completion of the contract activity at the Statement of Financial Position date. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

Period from
14.07.2023 to
31.07.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 1

3. Debtors

31.07.2024
£
Amounts owed by director 100

4. Creditors: amounts falling due within one year

31.07.2024
£
Other loans 17,000
Accruals 3,360
20,360

5. Called-up share capital

31.07.2024
£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100

One hundred Ordinary shares of £1 were allotted at the date of incorporation.

6. Related party transactions

Transactions with the entity's director

31.07.2024
£
Amounts owed by director 100

During the year advances of £100 were made. No interest has been charged.

Other related party transactions

31.07.2024
£
Amounts owed to other related parties 17,000