Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-3042023-07-01falseNo description of principal activity4truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10560699 2023-07-01 2024-06-30 10560699 2022-07-01 2023-06-30 10560699 2024-06-30 10560699 2023-06-30 10560699 c:Director1 2023-07-01 2024-06-30 10560699 d:OfficeEquipment 2023-07-01 2024-06-30 10560699 d:OfficeEquipment 2024-06-30 10560699 d:OfficeEquipment 2023-06-30 10560699 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 10560699 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-06-30 10560699 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-06-30 10560699 d:CurrentFinancialInstruments 2024-06-30 10560699 d:CurrentFinancialInstruments 2023-06-30 10560699 d:Non-currentFinancialInstruments 2024-06-30 10560699 d:Non-currentFinancialInstruments 2023-06-30 10560699 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 10560699 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 10560699 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 10560699 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 10560699 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 10560699 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 10560699 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 10560699 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 10560699 d:ShareCapital 2024-06-30 10560699 d:ShareCapital 2023-06-30 10560699 d:RetainedEarningsAccumulatedLosses 2024-06-30 10560699 d:RetainedEarningsAccumulatedLosses 2023-06-30 10560699 c:FRS102 2023-07-01 2024-06-30 10560699 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 10560699 c:FullAccounts 2023-07-01 2024-06-30 10560699 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 10560699 d:Subsidiary1 2023-07-01 2024-06-30 10560699 d:Subsidiary1 1 2023-07-01 2024-06-30 10560699 d:Subsidiary2 2023-07-01 2024-06-30 10560699 d:Subsidiary2 1 2023-07-01 2024-06-30 10560699 d:Subsidiary3 2023-07-01 2024-06-30 10560699 d:Subsidiary3 1 2023-07-01 2024-06-30 10560699 d:Subsidiary4 2023-07-01 2024-06-30 10560699 d:Subsidiary4 1 2023-07-01 2024-06-30 10560699 6 2023-07-01 2024-06-30 10560699 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 10560699










CERTUS RECRUITMENT GROUP LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
CERTUS RECRUITMENT GROUP LIMITED
REGISTERED NUMBER: 10560699

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
296
297

Tangible assets
 5 
61
2,097

Investments
 6 
824
824

  
1,181
3,218

Current assets
  

Debtors: amounts falling due within one year
 7 
562,686
393,703

Cash at bank and in hand
 8 
8
4,833

  
562,694
398,536

Creditors: amounts falling due within one year
 9 
(489,616)
(288,343)

Net current assets
  
 
 
73,078
 
 
110,193

Total assets less current liabilities
  
74,259
113,411

Creditors: amounts falling due after more than one year
 10 
(9,424)
(19,167)

  

Net assets
  
64,835
94,244


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
64,735
94,144

  
64,835
94,244


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 income and retained earnings in accordance with
Page 1

 
CERTUS RECRUITMENT GROUP LIMITED
REGISTERED NUMBER: 10560699
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

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 by: 




J M Byrne
Director

Date: 14 April 2025

The notes on pages 3 to 11 form part of these financial statements.

Page 2

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

The principle activity of the company is that of a holding company.

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

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that 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.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


Page 4

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
33%
Straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.11

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.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

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.

Page 5

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).

Page 6

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Intangible assets




Trademarks

£



Cost


At 1 July 2023
296



At 30 June 2024

296






Net book value



At 30 June 2024
296



At 30 June 2023
296




5.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 July 2023
9,994



At 30 June 2024

9,994



Depreciation


At 1 July 2023
7,897


Charge for the year on owned assets
2,036



At 30 June 2024

9,933



Net book value



At 30 June 2024
61



At 30 June 2023
2,097

Page 7

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 July 2023
824



At 30 June 2024
824





Subsidiary undertakings


The following were subsidiary undertakings of the Company:

Name

Class of shares

Holding

Certus Recruitment Limited
Ordinary A
100%
Certus Graduate Limited
Ordinary
100%
Certus Recruitment Australia pty Ltd
Ordinary
100%
Certus Recruitment Incorporated
Ordinary
90%

Page 8

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
Subsidiary undertakings (continued)

The aggregate of the share capital and reserves as at 30 June 2024 and the profit or loss for the year ended on that date for the subsidiary undertakings was as follows:

Name

Certus Recruitment Limited

Certus Graduate Limited

Certus Recruitment Australia pty Ltd

Certus Recruitment Incorporated

Page 9

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

7.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
394,948
380,579

Other debtors
156,758
-

Prepayments and accrued income
10,980
13,124

562,686
393,703



8.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
8
4,833

Less: bank overdrafts
(7,465)
-

(7,457)
4,833



9.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
7,465
-

Bank loans
10,000
10,000

Trade creditors
273,048
158,105

Amounts owed to group undertakings
14,363
1,459

Corporation tax
83,194
83,194

Other taxation and social security
65,206
27,942

Other creditors
34,340
5,643

Accruals and deferred income
2,000
2,000

489,616
288,343


Page 10

 
CERTUS RECRUITMENT GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

10.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,424
19,167

9,424
19,167



11.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,000
10,000


10,000
10,000

Amounts falling due 1-2 years

Bank loans
9,424
10,000


9,424
10,000

Amounts falling due 2-5 years

Bank loans
-
9,167


-
9,167


19,424
29,167



12.


Pension commitments

During the period under review the company contributed £7,727 (2023 : £1,879) to a defined contribution scheme on behalf of it's employees and directors.  As at the Balance Sheet date an amount of £6,682.60 was outstanding (2023: £322.48).

 
Page 11