Registration number: 07355705

AJ Chambers Recruitment Ltd

Contents of The Financial Statements
for the Year Ended 31 December 2024

 

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 13

AJ Chambers Recruitment Ltd

Company Information
for the Year Ended 31 December 2024

Directors

Mr A Hilliard Mr J Gosling

Registered office

4 Roche Close Rochford Essex SS4 1PX

Auditors

SCCA Ltd T/A Stafford & Co 3 The Studios 320 Chorley Old Road Bolton B11 4JU

AJ Chambers Recruitment Ltd

(Registration number: 07355705 )
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Intangible assets	4	5,340	7,120
Tangible assets	5	23,983	30,811
Investments	6	90	-
		29,413	37,931
Current assets
Debtors	7	386,503	214,057
Cash at bank and in hand		212,181	378,544
		598,684	592,601
Creditors: Amounts falling due within one year	8	(574,315)	(620,231)
Net current assets/(liabilities)		24,369	(27,630)
Total assets less current liabilities		53,782	10,301
Provisions for liabilities		(5,996)	(7,703)
Net assets		47,786	2,598
Capital and reserves
Called up share capital		100	100
Retained earnings		47,686	2,498
Shareholders' funds		47,786	2,598

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 Board on 7 August 2025 and signed on its behalf by:
 

......................................... Mr A Hilliard Director

AJ Chambers Recruitment Ltd

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

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:
4 Roche Close
Rochford
Essex
SS4 1PX
England

These financial statements were authorised for issue by the Board on 7 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.

AJ Chambers Recruitment Ltd

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

2	Accounting policies (continued)

Disclosure under section 444(5B) of the Companies Act 2006

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 7 August 2025 was Robert Stafford BA (Hons) FCA , who signed for and on behalf of SCCA Ltd T/A Stafford & Co.

.........................................

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

AJ Chambers Recruitment Ltd

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

2	Accounting policies (continued)

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.

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
Fixtures and fittings	25% Reducing Balance
Office equipment	33% Straight Line

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Intangible assets

Website development costs amortised over 5 years.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

AJ Chambers Recruitment Ltd

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

2	Accounting policies (continued)

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.

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.

AJ Chambers Recruitment Ltd

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

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 36 (2023 - 32).

AJ Chambers Recruitment Ltd

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

4	Intangible assets

	Internally generated software development costs  £	Total £
Cost or valuation
At 1 January 2024	8,900	8,900
At 31 December 2024	8,900	8,900
Amortisation
At 1 January 2024	1,780	1,780
Amortisation charge	1,780	1,780
At 31 December 2024	3,560	3,560
Carrying amount
At 31 December 2024	5,340	5,340
At 31 December 2023	7,120	7,120

AJ Chambers Recruitment Ltd

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

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 January 2024	93,974	93,974
Additions	5,525	5,525
At 31 December 2024	99,499	99,499
Depreciation
At 1 January 2024	63,163	63,163
Charge for the year	12,353	12,353
At 31 December 2024	75,516	75,516
Carrying amount
At 31 December 2024	23,983	23,983
At 31 December 2023	30,811	30,811

6	Investments

	2024 £	2023 £
Investments in subsidiaries	90	-