| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st August 2024 |
| for |
| Top Job Recruitment Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31st August 2024 |
| for |
| Top Job Recruitment Limited |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Contents of the Financial Statements |
| for the year ended 31st August 2024 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Top Job Recruitment Limited |
| Company Information |
| for the year ended 31st August 2024 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANT: |
| Chartered Certified Accountant |
| 2 Pinns Cottage |
| Rodhuish |
| Exmoor |
| Minehead |
| Somerset |
| TA24 6QL |
| SOLICITORS: |
| Stable 6 |
| Stable Road |
| Colchester |
| Essex |
| CO6 7GL |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Balance Sheet |
| 31st August 2024 |
| 2024 | 2023 |
| Notes | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 8 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Capital redemption reserve | 10 |
| Retained earnings | 10 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Balance Sheet - continued |
| 31st August 2024 |
| The financial statements were approved by the director and authorised for issue on |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Notes to the Financial Statements |
| for the year ended 31st August 2024 |
| 1. | STATUTORY INFORMATION |
| Top Job Recruitment Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Improvements to property | - |
| Fixtures and fittings | - |
| Computer equipment | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Notes to the Financial Statements - continued |
| for the year ended 31st August 2024 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Improvements | Fixtures |
| to | and | Computer |
| property | fittings | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 1st September 2023 |
| Additions |
| At 31st August 2024 |
| DEPRECIATION |
| At 1st September 2023 |
| Charge for year |
| At 31st August 2024 |
| NET BOOK VALUE |
| At 31st August 2024 |
| At 31st August 2023 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| The company has in place a non-recourse factoring facility with 4SYTE Funding Limited. Total gross debtors factored without recourse at the balance sheet date amounted to £253,550 whilst other trade debtors not subject to factoring amounted to £13,930. Net indebtedness to 4STYLE Funding Limited at the balance sheet date was £62,954 and is included within creditors due in less than one year. The respective assets and liabilities subject to the factoring arrangement are recorded separately without offset as linked presentation is no longer appropriate under FRS102 (Section 1A). |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2024 | 2023 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Notes to the Financial Statements - continued |
| for the year ended 31st August 2024 |
| 7. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2024 | 2023 |
| £ | £ |
| 4SYTE Funding Limited | 62,954 | 69,283 |
| A fixed and floating charge over the company's book debts exists in respect of a factoring facility in favour of 4SYTE FUNDING Limited. A personal guarantee has also been given by the director and this is limited to £30,000. |
| 8. | PROVISIONS FOR LIABILITIES |
| 2024 | 2023 |
| £ | £ |
| Deferred tax | 3,465 | 5,909 |
| Deferred |
| tax |
| £ |
| Balance at 1st September 2023 |
| Accelerated capital allowances | (2,444 | ) |
| Balance at 31st August 2024 |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2023 |
| value: | £ | £ |
| Ordinary | £1 | 2 | 2 |
| 10. | RESERVES |
| Capital |
| Retained | redemption |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1st September 2023 | 252,343 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 31st August 2024 | 257,223 |
| 11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
| A fixed and floating charge in favour of 4SYTE Funding Limited was created on the 15th June 2021 in respect of a non-recourse factoring facility made available to the company. A personal guarantee provided by Marc Smith exists in respect of the factoring facility made available to the company and is limited to £30,000. |
| Top Job Recruitment Limited (Registered number: 07764288) |
| Notes to the Financial Statements - continued |
| for the year ended 31st August 2024 |
| 12. | ULTIMATE CONTROLLING PARTY |
| The controlling party is Mr M Smith. |