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REGISTERED NUMBER: 05426548 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

EUROPEAN INDUSTRIAL RECRUITMENT LIMITED

EUROPEAN INDUSTRIAL RECRUITMENT LIMITED (REGISTERED NUMBER: 05426548)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EUROPEAN INDUSTRIAL RECRUITMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2024







DIRECTOR: Mrs S Weigl





REGISTERED OFFICE: 55 Loudoun Road
St John's Wood
London
NW8 0DL





REGISTERED NUMBER: 05426548 (England and Wales)





ACCOUNTANTS: MGR SD Limited
Chartered Accountants
55 Loudoun Road
St John's Wood
London
NW8 0DL

EUROPEAN INDUSTRIAL RECRUITMENT LIMITED (REGISTERED NUMBER: 05426548)

BALANCE SHEET
31 OCTOBER 2024

31.10.24 31.10.23
Notes £    £   
CURRENT ASSETS
Stocks 8,533 10,000
Debtors 4 107,384 176,938
Cash at bank 16,982 9,189
132,899 196,127
CREDITORS
Amounts falling due within one year 5 (103,527 ) (160,212 )
NET CURRENT ASSETS 29,372 35,915
TOTAL ASSETS LESS CURRENT LIABILITIES 29,372 35,915

CREDITORS
Amounts falling due after more than one
year

6

(28,192

)

(34,292

)
NET ASSETS 1,180 1,623

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 1,080 1,523
SHAREHOLDERS' FUNDS 1,180 1,623

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 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.

EUROPEAN INDUSTRIAL RECRUITMENT LIMITED (REGISTERED NUMBER: 05426548)

BALANCE SHEET - continued
31 OCTOBER 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 director and authorised for issue on 5 June 2025 and were signed by:





Mrs S Weigl - Director


EUROPEAN INDUSTRIAL RECRUITMENT LIMITED (REGISTERED NUMBER: 05426548)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024


1. STATUTORY INFORMATION

European Industrial 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.

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.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

EUROPEAN INDUSTRIAL RECRUITMENT LIMITED (REGISTERED NUMBER: 05426548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 101,502 171,061
Other debtors 5,882 5,877
107,384 176,938

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts (see note 7) 6,902 7,573
Trade creditors 1,465 3,630
Taxation and social security 7,646 3,026
Other creditors 87,514 145,983
103,527 160,212

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans (see note 7) 28,192 34,292

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 6,683

7. LOANS

An analysis of the maturity of loans is given below:

31.10.24 31.10.23
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts - 671
Bank loans 6,902 6,902
6,902 7,573

Amounts falling due between one and two years:
Bank loans - 1-2 years 6,902 6,902

Amounts falling due between two and five years:
Bank loans - 2-5 years 21,290 20,707

Amounts falling due in more than five years:

EUROPEAN INDUSTRIAL RECRUITMENT LIMITED (REGISTERED NUMBER: 05426548)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2024


7. LOANS - continued
31.10.24 31.10.23
£    £   
Amounts falling due in more than five years:
Repayable by instalments
Bank loans more 5 yr by instal - 6,683

8. SECURED DEBTS

The following secured debts are included within creditors:

31.10.24 31.10.23
£    £   
Factor advances 65,081 143,733

The factoring account is secured by fixed and floating charges over book debts owed to the company and all other assets. Factor advances are included in other creditors.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.24 31.10.23
value: £    £   
100 Ordinary £1 100 100