Company No:
Contents
Note | 31.07.2024 | |
£ | ||
Current assets | ||
Debtors | 3 |
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Cash at bank and in hand |
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23,497 | ||
Creditors: amounts falling due within one year | 4 | (
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Net current assets | 3,137 | |
Total assets less current liabilities | 3,137 | |
Net assets |
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Capital and reserves | ||
Called-up share capital | 5 |
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Profit and loss account |
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Total shareholder's funds |
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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:
Wilfred Haydn Fine
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
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 £.
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.
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.
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.
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.
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.
Period from 14.07.2023 to 31.07.2024 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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31.07.2024 | |
£ | |
Amounts owed by director |
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31.07.2024 | |
£ | |
Other loans |
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Accruals |
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31.07.2024 | |
£ | |
Allotted, called-up and fully-paid | |
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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 |