RACKET RECRUITMENT LIMITED

Company Registration Number:
14039510 (England and Wales)

Unaudited statutory accounts for the year ended 30 March 2024

Period of accounts

Start date: 31 March 2023

End date: 30 March 2024

RACKET RECRUITMENT LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

RACKET RECRUITMENT LIMITED

Profit And Loss Account

for the Period Ended 30 March 2024

2024 2023


£

£
Turnover: 350,200 850,580
Cost of sales: ( 234,890 ) ( 645,235 )
Gross profit(or loss): 115,310 205,345
Administrative expenses: ( 104,600 ) ( 101,900 )
Operating profit(or loss): 10,710 103,445
Profit(or loss) before tax: 10,710 103,445
Tax: ( 2,035 ) ( 19,655 )
Profit(or loss) for the financial year: 8,675 83,790

RACKET RECRUITMENT LIMITED

Balance sheet

As at 30 March 2024

Notes 2024 2023


£

£
Called up share capital not paid: 1 1
Fixed assets
Intangible assets: 3 5,000 5,000
Tangible assets: 4 16,000 15,790
Total fixed assets: 21,000 20,790
Current assets
Stocks: 5 10,000 16,900
Cash at bank and in hand: 2,260 12,560
Investments: 6 0 33,540
Total current assets: 12,260 63,000
Creditors: amounts falling due within one year: 7 ( 24,585 ) 0
Net current assets (liabilities): (12,325) 63,000
Total assets less current liabilities: 8,676 83,791
Total net assets (liabilities): 8,676 83,791
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 8,675 83,790
Total Shareholders' funds: 8,676 83,791

The notes form part of these financial statements

RACKET RECRUITMENT LIMITED

Balance sheet statements

For the year ending 30 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 30 March 2025
and signed on behalf of the board by:

Name: Mr Antony James
Status: Director

The notes form part of these financial statements

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 5

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 31 March 2023 5,490 1,010 6,500
Additions 1,000 400 1,400
Disposals ( 500 ) ( 200 ) ( 700 )
Revaluations
Transfers
At 30 March 2024 5,990 1,210 7,200
Amortisation
At 31 March 2023 1,000 500 1,500
Charge for year 500 200 700
On disposals
Other adjustments
At 30 March 2024 1,500 700 2,200
Net book value
At 30 March 2024 4,490 510 5,000
At 30 March 2023 4,490 510 5,000

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 March 2023 9,200 900 750 850 8,200 19,900
Additions 2,000 200 250 300 5,000 7,750
Disposals ( 1,000 ) ( 100 ) ( 100 ) ( 200 ) ( 2,000 ) ( 3,400 )
Revaluations
Transfers
At 30 March 2024 10,200 1,000 900 950 11,200 24,250
Depreciation
At 31 March 2023 1,200 150 200 2,560 4,110
Charge for year 2,900 140 100 1,000 4,140
On disposals
Other adjustments
At 30 March 2024 4,100 290 300 3,560 8,250
Net book value
At 30 March 2024 6,100 710 900 650 7,640 16,000
At 30 March 2023 8,000 750 750 650 5,640 15,790

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

5. Stocks

2024 2023
£ £
Stocks 10,000 16,900
Total 10,000 16,900

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

6. Current assets investments note

Current assets investments include investments with cash and cash equivalents, inventory, account receivable, prepaid expenses etc.

RACKET RECRUITMENT LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 24,585 0
Total 24,585 0