Harris Lord Recruitment Limited 05286407 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Recruitment Agency Digita Accounts Production Advanced 6.30.9574.0 true 05286407 2024-04-01 2025-03-31 05286407 2025-03-31 05286407 core:CurrentFinancialInstruments 2025-03-31 05286407 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 05286407 core:Non-currentFinancialInstruments 2025-03-31 05286407 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 05286407 core:FurnitureFittingsToolsEquipment 2025-03-31 05286407 core:LandBuildings 2025-03-31 05286407 bus:SmallEntities 2024-04-01 2025-03-31 05286407 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 05286407 bus:FilletedAccounts 2024-04-01 2025-03-31 05286407 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 05286407 bus:RegisteredOffice 2024-04-01 2025-03-31 05286407 bus:CompanySecretaryDirector1 2024-04-01 2025-03-31 05286407 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 05286407 bus:Agent1 2024-04-01 2025-03-31 05286407 core:FurnitureFittings 2024-04-01 2025-03-31 05286407 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 05286407 core:LandBuildings 2024-04-01 2025-03-31 05286407 core:LeaseholdImprovements 2024-04-01 2025-03-31 05286407 core:OfficeEquipment 2024-04-01 2025-03-31 05286407 countries:EnglandWales 2024-04-01 2025-03-31 05286407 2024-03-31 05286407 core:FurnitureFittingsToolsEquipment 2024-03-31 05286407 core:LandBuildings 2024-03-31 05286407 2023-04-01 2024-03-31 05286407 2024-03-31 05286407 core:CurrentFinancialInstruments 2024-03-31 05286407 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 05286407 core:Non-currentFinancialInstruments 2024-03-31 05286407 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 05286407 core:FurnitureFittingsToolsEquipment 2024-03-31 05286407 core:LandBuildings 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 05286407

Harris Lord Recruitment Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2025

image-name
 

Harris Lord Recruitment Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 7

 

Harris Lord Recruitment Limited

Company Information

Director

Mrs Tracey Jean Laing

Company secretary

Mrs Tracey Jean Laing

Registered office

2 Piries Place
Horsham
West Sussex
RH12 1EH

Accountants

Lucraft Hodgson & Dawes LLP Ground Floor
19 New Road
Brighton
East Sussex
BN1 1UF

 

Harris Lord Recruitment Limited

(Registration number: 05286407)
Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Fixed Assets

 

Tangible Assets

4

7,655

9,603

Current assets

 

Debtors

5

257,902

341,405

Cash at bank and in hand

 

254,317

185,840

 

512,219

527,245

Creditors: Amounts falling due within one year

6

(230,566)

(233,009)

Net current assets

 

281,653

294,236

Total assets less current liabilities

 

289,308

303,839

Creditors: Amounts falling due after more than one year

6

-

(8,788)

Provisions for liabilities

(1,981)

(2,544)

Net assets

 

287,327

292,507

Capital and Reserves

 

Called up share capital

250

250

Capital redemption reserve

250

250

Retained Earnings

286,827

292,007

Shareholders' funds

 

287,327

292,507

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 1 August 2025
 

.........................................
Mrs Tracey Jean Laing
Company secretary and director

   
     
 

Harris Lord Recruitment Limited

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

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Piries Place
Horsham
West Sussex
RH12 1EH

These financial statements were authorised for issue by the director on 1 August 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling, which is the functional currency of the company.

Tax

Current tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws
that have been enacted or substantively enacted by the balance sheet date.

Deferred taxation is accounted for at expected tax rates on all differences arising from the inclusion of items of income and expenditure in taxation computations in periods different from those in which they are included in the financial statements. A deferred tax asset is only recognised when it is more likely than not that the asset will be recoverable in the foreseeable future out of suitable taxable profits from which the underlying timing differences can be deducted.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Harris Lord Recruitment Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33% on straight line basis

Leasehold improvements

25% on reducing balance basis

Fixtures and fittings

25% on reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

 

Harris Lord Recruitment Limited

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

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, analysed by category was as follows:

2025
 No.

2024
 No.

Administration and support

4

4

4

4

 

Harris Lord Recruitment Limited

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

4

Tangible Assets

Land and buildings
£

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2024

17,547

40,020

57,567

Additions

-

757

757

Disposals

-

(10,012)

(10,012)

At 31 March 2025

17,547

30,765

48,312

Depreciation

At 1 April 2024

14,424

33,540

47,964

Charge for the year

777

1,928

2,705

Eliminated on disposal

-

(10,012)

(10,012)

At 31 March 2025

15,201

25,456

40,657

Carrying amount

At 31 March 2025

2,346

5,309

7,655

At 31 March 2024

3,123

6,480

9,603

5

Debtors

Current

2025
£

2024
£

Trade Debtors

248,042

327,419

Prepayments

9,860

13,986

 

257,902

341,405

 

Harris Lord Recruitment Limited

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

6

Creditors

Creditors: amounts falling due within one year

Note

2025
£

2024
£

Due within one year

 

Loans and borrowings

7

8,906

35,270

Trade Creditors

 

1,889

4,880

Taxation and social security

 

152,755

154,033

Accruals and deferred income

 

34,795

17,161

Other creditors

 

32,221

21,665

 

230,566

233,009

Creditors: amounts falling due after more than one year

Note

2025
£

2024
£

Due after one year

 

Loans and borrowings

7

-

8,788

7

Loans and borrowings

Non-current loans and borrowings

2025
£

2024
£

Bank borrowings

-

8,788

Current loans and borrowings

2025
£

2024
£

Bank borrowings

8,788

35,152

Other borrowings

118

118

8,906

35,270