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REGISTERED NUMBER: 11569066 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

SOMNIUM RECRUITMENT LTD

SOMNIUM RECRUITMENT LTD (REGISTERED NUMBER: 11569066)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SOMNIUM RECRUITMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: C J Mapp
Miss G Dontas





REGISTERED OFFICE: 5 Water End Barns
Water End
Eversholt
Milton Keynes
MK17 9EA





REGISTERED NUMBER: 11569066 (England and Wales)





ACCOUNTANTS: GKP (Ampthill) Limited
Chartered Accountants
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

SOMNIUM RECRUITMENT LTD (REGISTERED NUMBER: 11569066)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 56,261 65,980

CURRENT ASSETS
Debtors 5 280,005 244,190
Cash at bank 233,474 149,210
513,479 393,400
CREDITORS
Amounts falling due within one year 6 (472,318 ) (384,268 )
NET CURRENT ASSETS 41,161 9,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,422

75,112

CREDITORS
Amounts falling due after more than one
year

7

(6,000

)

(13,600

)
NET ASSETS 91,422 61,512

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 91,322 61,412
91,422 61,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

SOMNIUM RECRUITMENT LTD (REGISTERED NUMBER: 11569066)

BALANCE SHEET - continued
30 SEPTEMBER 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 19 June 2025 and were signed on its behalf by:




C J Mapp - Director



Miss G Dontas - Director


SOMNIUM RECRUITMENT LTD (REGISTERED NUMBER: 11569066)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Somnium Recruitment Ltd 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. 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.

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

Fixtures and fittings - 25% on cost

Computer equipment - 33% on cost

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.

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.

SOMNIUM RECRUITMENT LTD (REGISTERED NUMBER: 11569066)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold to and Computer
property property fittings equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 48,396 - 35,212 7,966 91,574
Additions - 3,400 191 2,471 6,062
Disposals - - (25,231 ) - (25,231 )
At 30 September 2024 48,396 3,400 10,172 10,437 72,405
DEPRECIATION
At 1 October 2023 - - 20,113 5,481 25,594
Charge for year - 340 8,817 2,566 11,723
Eliminated on disposal - - (21,173 ) - (21,173 )
At 30 September 2024 - 340 7,757 8,047 16,144
NET BOOK VALUE
At 30 September 2024 48,396 3,060 2,415 2,390 56,261
At 30 September 2023 48,396 - 15,099 2,485 65,980

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 263,305 231,932
Prepayments and accrued income 16,700 12,258
280,005 244,190

SOMNIUM RECRUITMENT LTD (REGISTERED NUMBER: 11569066)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 175,255 167,392
Trade creditors 20,434 20,085
Tax 68,152 36,808
Social security and other taxes 28,077 19,009
VAT 144,241 119,144
Other creditors 34,365 19,686
Directors' current accounts 44 44
Accruals and deferred income 1,750 2,100
472,318 384,268

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,000 13,600

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 5,646 13,296
Between one and five years 516 18,942
6,162 32,238

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Factoring account 167,254 158,992

Included within 'Bank loans and overdrafts' is an amount of £167,254 (2023 : £158,992) due in respect of a bank factoring loan. This loan is secured by way of a legal assignment incorporating a fixed charge on non-vesting debts and a floating charge over the assets and undertakings of the company.

10. POST BALANCE SHEET EVENTS

In December 2024, the company entered into a hire purchase agreement for the acquisition of a motor vehicle, with a total obligation of £105,100 repayable over 4 years.

This event does not adjust the financial statements for the year.