Company Registration No. 04797387 (England and Wales)
FIRST RECRUITMENT LIMITED
Finanical Accounts
for the year ended 30 June 2024
FIRST RECRUITMENT LIMITED
Finanical Accounts
Contents
FIRST RECRUITMENT LIMITED
Company Information
for the year ended 30 June 2024
Director
MOHAMMAD KHURSHID
Company Number
04797387 (England and Wales)
Registered Office
327A HIGH STREET
SLOUGH
BERKSHIRE
SL1 1TX
Accountants
Abdul Kayani (Accountant ACCA1109338)
First Accountancy Services Ltd
28a Stoke Poges Lane
Slough
Berkshire
SL1 3PQ
FIRST RECRUITMENT LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
4,951
14,333
Debtors
3,507,523
3,671,357
Cash at bank and in hand
965,602
953,425
Creditors: amounts falling due within one year
(663,978)
(940,224)
Net current assets
3,809,147
3,684,558
Net assets
3,814,098
3,698,891
Called up share capital
100
100
Profit and loss account
3,813,998
3,698,791
Shareholders' funds
3,814,098
3,698,891
For the year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 March 2025 and were signed on its behalf by
MOHAMMAD KHURSHID
Director
Company Registration No. 04797387
FIRST RECRUITMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2024
FIRST RECRUITMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04797387. The registered office is 327A HIGH STREET, SLOUGH, BERKSHIRE, SL1 1TX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 July 2023
41,749
14,411
56,160
At 30 June 2024
41,749
16,723
58,472
At 1 July 2023
30,589
11,238
41,827
Charge for the year
8,349
3,345
11,694
At 30 June 2024
38,938
14,583
53,521
At 30 June 2024
2,811
2,140
4,951
At 30 June 2023
11,160
3,173
14,333
FIRST RECRUITMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
2,188,162
2,992,609
Amounts due from group undertakings etc.
1,073,310
400,010
Other debtors
246,051
278,738
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
12,255
29,178
Taxes and social security
313,460
401,820
Other creditors
194,634
178,541
Loans from directors
56,311
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
The company gave an interest free loan of £1,073,310.00 to Mecca Estate Ltd, a company owned and
controlled by the same director. The amount receivable from this related company as at the balance
sheet date was £1,073,310 (2023: £400,010).
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Average number of employees
During the year the average number of employees was 405 (2023: 525).