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REGISTERED NUMBER: 10900179 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Dare Recruit Limited

Dare Recruit Limited (Registered number: 10900179)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dare Recruit Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M T Neilan
Mrs K Neilan





REGISTERED OFFICE: Office 1, Fairfield Business Park
Green Road
Penistone
Sheffield
S36 6FQ





REGISTERED NUMBER: 10900179 (England and Wales)





ACCOUNTANTS: Finoptus Consulting Limited
Office 1
Fairfield Business Park
Green Road
Penistone
South Yorkshire
S36 6FQ

Dare Recruit Limited (Registered number: 10900179)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,509 5,922
Investments 5 36,308 103,707
39,817 109,629

CURRENT ASSETS
Debtors 6 287,319 121,181
Cash at bank 100,760 104,695
388,079 225,876
CREDITORS
Amounts falling due within one year 7 15,700 14,734
NET CURRENT ASSETS 372,379 211,142
TOTAL ASSETS LESS CURRENT LIABILITIES 412,196 320,771

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 412,194 320,769
412,196 320,771

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Dare Recruit Limited (Registered number: 10900179)

Balance Sheet - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





M T Neilan - Director


Dare Recruit Limited (Registered number: 10900179)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Dare Recruit 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.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is generated from consultancy services, and is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Where the amount of revenue is contingent on future events, this is only recognised where the amount of revenue can be measured reliably and it is probable that the economic benefits will be received. When this cannot be estimated reliably, turnover is only recognised to the extent of recoverable expenses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Computer equipment - 33% straight line
Furniture & Fixtures - 33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Dare Recruit Limited (Registered number: 10900179)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Fixed asset investments
Investments in unlisted company shares, which have been classified as fixed asset investments as the Company intends to hold them on a continuing basis, are initially recognised at cost. They are subsequently measured at cost less impairment.

Loans made to to participating interests are initially measured at cost. They are subsequently measured at cost, minus any repayments of the principal, less any reduction for impairment or uncollectability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Dare Recruit Limited (Registered number: 10900179)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2023
and 31 August 2024 5,055 2,706 7,761
DEPRECIATION
At 1 September 2023 281 1,558 1,839
Charge for year 1,685 728 2,413
At 31 August 2024 1,966 2,286 4,252
NET BOOK VALUE
At 31 August 2024 3,089 420 3,509
At 31 August 2023 4,774 1,148 5,922

5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Participating interests 110 110
Loans to undertakings in which the company
has a participating interest

36,198

103,597
36,308 103,707

Dare Recruit Limited (Registered number: 10900179)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. FIXED ASSET INVESTMENTS - continued

Additional information is as follows:
Interest
in other
participating
interests
£   
COST
At 1 September 2023
and 31 August 2024 110
NET BOOK VALUE
At 31 August 2024 110
At 31 August 2023 110
Loans to
other
participating
interests
£   
At 1 September 2023 103,597
New in year 32,481
Repayment in year (100,529 )
Other movement 649
At 31 August 2024 36,198

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 6,832 5,689
Other debtors 280,487 115,492
287,319 121,181

Dare Recruit Limited (Registered number: 10900179)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 11,168 10,950
Taxation and social security 4,293 3,671
Other creditors 239 113
15,700 14,734

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
M T Neilan
Balance outstanding at start of year 55,207 50,519
Amounts advanced 219,109 73,500
Amounts repaid (61,035 ) (68,812 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 213,281 55,207

Directors' loans are interest bearing and repayable on demand.