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REGISTERED NUMBER: 07172817 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Higgins Recruitment Limited

Higgins Recruitment Limited (Registered number: 07172817)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Higgins Recruitment Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mrs N A Kelly





REGISTERED OFFICE: Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ





REGISTERED NUMBER: 07172817 (England and Wales)





ACCOUNTANTS: Thompsons Accountancy Services Limited
Chartered Accountants
Grove House
1 Grove Place
Bedford
Bedfordshire
MK40 3JJ

Higgins Recruitment Limited (Registered number: 07172817)

Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 21,333 32,004

CURRENT ASSETS
Debtors 6 13,744 76,908
Cash at bank 6,532 21,486
20,276 98,394
CREDITORS
Amounts falling due within one year 7 40,468 86,916
NET CURRENT (LIABILITIES)/ASSETS (20,192 ) 11,478
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,141

43,482

CREDITORS
Amounts falling due after more than one
year

8

12,596

18,642
NET (LIABILITIES)/ASSETS (11,455 ) 24,840

CAPITAL AND RESERVES
Allotted, called up and fully
paid share capital 1 1
Retained earnings (11,456 ) 24,839
SHAREHOLDERS' FUNDS (11,455 ) 24,840

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Higgins Recruitment Limited (Registered number: 07172817)

Statement of Financial Position - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2025 and were signed by:





Mrs N A Kelly - Director


Higgins Recruitment Limited (Registered number: 07172817)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Higgins Recruitment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The director has considered the future of the company in the light of the coronavirus outbreak and considers that the going concern basis is appropriate despite the likely negative effect of the pandemic.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 6 ) .

Higgins Recruitment Limited (Registered number: 07172817)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 40,230 8,373 48,603
DEPRECIATION
At 1 April 2024 9,219 7,380 16,599
Charge for year 10,058 613 10,671
At 31 March 2025 19,277 7,993 27,270
NET BOOK VALUE
At 31 March 2025 20,953 380 21,333
At 31 March 2024 31,011 993 32,004

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 7,870 60,778
Other debtors 4,933 15,380
Directors' current accounts 832 -
Prepayments 109 750
13,744 76,908

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 6,046 6,046
Tax 9,044 24,993
Social security and other taxes 14,352 12,189
VAT 3,007 19,588
Other creditors 6,232 22,080
Net wages - 729
Directors' current accounts - 139
Accrued expenses 1,787 1,152
40,468 86,916

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 12,596 18,642