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REGISTERED NUMBER: 09411043 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 JANUARY 2024 TO 30 APRIL 2025

FOR

DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED

DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED (REGISTERED NUMBER: 09411043)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 January 2024 to 30 April 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED

COMPANY INFORMATION
for the period 1 January 2024 to 30 April 2025







DIRECTORS: Mr C J W Devonshire
Mr M R Hayes





SECRETARY: Mrs G Hayes





REGISTERED OFFICE: Create Business Hub
101-135 Kings Road
Brentwood
Essex
CM14 4DR





REGISTERED NUMBER: 09411043 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED (REGISTERED NUMBER: 09411043)

ABRIDGED BALANCE SHEET
30 April 2025

2025 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,358 20,807

CURRENT ASSETS
Debtors 694,449 576,951
Cash at bank and in hand 28,722 43,344
723,171 620,295
CREDITORS
Amounts falling due within one year 633,734 538,757
NET CURRENT ASSETS 89,437 81,538
TOTAL ASSETS LESS CURRENT
LIABILITIES

104,795

102,345

CREDITORS
Amounts falling due after more than one
year

5

(133,006

)

(95,696

)

PROVISIONS FOR LIABILITIES (4,072 ) (5,202 )
NET (LIABILITIES)/ASSETS (32,283 ) 1,447

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (32,383 ) 1,347
SHAREHOLDERS' FUNDS (32,283 ) 1,447

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2025 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.

DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED (REGISTERED NUMBER: 09411043)

ABRIDGED BALANCE SHEET - continued
30 April 2025


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 August 2025 and were signed on its behalf by:





Mr C J W Devonshire - Director


DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED (REGISTERED NUMBER: 09411043)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 January 2024 to 30 April 2025

1. STATUTORY INFORMATION

Devonshire Hayes Recruitment Specialists 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. 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.

The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors.

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
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 reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the period 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED (REGISTERED NUMBER: 09411043)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 January 2024 to 30 April 2025

2. ACCOUNTING POLICIES - continued

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.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 6 (2023 - 7 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 49,019
Additions 2,231
At 30 April 2025 51,250
DEPRECIATION
At 1 January 2024 28,212
Charge for period 7,680
At 30 April 2025 35,892
NET BOOK VALUE
At 30 April 2025 15,358
At 31 December 2023 20,807

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2025 2023
£    £   
Repayable by instalments
Bank loans 13,830 -

DEVONSHIRE HAYES RECRUITMENT SPECIALISTS
LIMITED (REGISTERED NUMBER: 09411043)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 January 2024 to 30 April 2025

6. SECURED DEBTS

The following secured debts are included within creditors:

2025 2023
£    £   
Bank loans 208,533 164,318
Factoring loan 150,309 208,705
358,842 373,023

The HSBC bank loan is secured by way of a fixed and floating charge over the assets held by the company.

Factoring debt is secured against assets held by the company.

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 April 2025 and the year ended 31 December 2023:

2025 2023
£    £   
Mr C J W Devonshire
Balance outstanding at start of period 45,000 -
Amounts advanced - 45,000
Amounts repaid (45,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 45,000

Mr M R Hayes
Balance outstanding at start of period 45,000 -
Amounts advanced - 45,000
Amounts repaid (45,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 45,000