Dental Recruit Network Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08145754 (England and Wales)

DENTAL RECRUIT NETWORK LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R P J Cresswell

Mrs J Cresswell

REGISTERED OFFICE:

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

REGISTERED NUMBER:

08145754 (England and Wales)

ACCOUNTANT:

Clear Vision Accountancy Limited

1 Abacus House

Newlands Road

Corsham

Wiltshire

SN13 0BH

FIXED ASSETS

Tangible assets

4

1,857

1,930

CURRENT ASSETS

Debtors

5

147,313

245,287

Cash at bank

82,766

56,430

230,079

301,717

CREDITORS

Amounts falling due within one year

6

161,046

215,776

NET CURRENT ASSETS

69,033

85,941

TOTAL ASSETS LESS CURRENT
LIABILITIES

70,890

87,871

CREDITORS

Amounts falling due after more than one
year

7

-

(9,792

)

PROVISIONS FOR LIABILITIES

(465

)

(359

)

NET ASSETS

70,425

77,720

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

70,325

77,620

SHAREHOLDERS' FUNDS

70,425

77,720

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

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

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 24 September 2025 and were signed on its behalf by:

Mrs J Cresswell - Director

1.	STATUTORY INFORMATION

Dental Recruit Network 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 represents net invoiced sales of services, excluding value added tax where applicable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% 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.

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.

Going concern

The director has assessed whether the company is a going concern and has considered all available information about the future and is confident of the company's ability to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

17,500

Additions

688

At 31 December 2024

18,188

DEPRECIATION

At 1 January 2024

15,570

Charge for year

761

At 31 December 2024

16,331

NET BOOK VALUE

At 31 December 2024

1,857

At 31 December 2023

1,930

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Trade debtors

131,409

177,572

Other debtors

15,904

67,715

147,313

245,287

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/24

31/12/23

£

Bank loans and overdrafts

9,792

23,500

Trade creditors

-

2,680

Taxation and social security

127,434

179,077

Other creditors

23,820

10,519

161,046

215,776

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

Bank loans

-

9,792

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

There is a balance owing from the director, Mrs Cresswell, of £12,327 as at 31 December 2024.

9.	SHARE-BASED PAYMENT TRANSACTIONS

Share options of 10,375 (2023: 10,375) are held during the year.

The options can only be exercised whilst the optionholder is employed, once notice of termination has been received the options can no longer be exercised.

2024

2023

No.

Outstanding as at 1 January 2024

10,375

20,375

Granted during the year

-

Forfeited during the year

-

Exercised

-

Expired during the year

-

(10,000

)

Outstanding as at 31 December 2024

10,375

Exercisable as at 31 December 2024

10,375