REGISTERED NUMBER: 04189158 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 30 DECEMBER 2023 TO 30 SEPTEMBER 2024

FOR

RED RECRUITMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Basquille-Byrne

REGISTERED OFFICE:

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

REGISTERED NUMBER:

04189158 (England and Wales)

ACCOUNTANTS:

Landers Accountants Ltd

Church View Chambers

38 Market Square

Toddington

Bedfordshire

LU5 6BS

FIXED ASSETS

Tangible assets

4

578

977

Investments

5

2

2

580

979

CURRENT ASSETS

Debtors

6

13,397

43,751

Cash at bank

24

9,608

13,421

53,359

CREDITORS

Amounts falling due within one year

7

55,244

73,243

NET CURRENT LIABILITIES

(41,823

)

(19,884

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(41,243

)

(18,905

)

CREDITORS

Amounts falling due after more than one year

8

(30,090

)

(33,443

)

PROVISIONS FOR LIABILITIES

(8

)

(67

)

NET LIABILITIES

(71,341

)

(52,415

)

CAPITAL AND RESERVES

Called up share capital

751

751

Capital redemption reserve

251

251

Retained earnings

(72,343

)

(53,417

)

SHAREHOLDERS' FUNDS

(71,341

)

(52,415

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

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

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 and authorised for issue by the director and authorised for issue on 25 September 2025 and were signed by:

M Basquille-Byrne - Director

1.	STATUTORY INFORMATION

Red 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 and on a basis other than going concern.

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 cost

Computer equipment

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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 period was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 30 December 2023

and 30 September 2024

3,419

12,949

16,368

DEPRECIATION

At 30 December 2023

3,347

12,044

15,391

Charge for period

31

368

399

At 30 September 2024

3,378

12,412

15,790

NET BOOK VALUE

At 30 September 2024

41

537

578

At 29 December 2023

72

905

977

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 30 December 2023

and 30 September 2024

2

NET BOOK VALUE

At 30 September 2024

2

At 29 December 2023

2

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

29.12.23

£

£

Trade debtors

6,028

15,111

Other debtors

7,369

28,640

13,397

43,751

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

29.12.23

£

£

Bank loans and overdrafts

6,660

46,857

Trade creditors

527

2,187

Taxation and social security

7,318

17,569

Other creditors

40,739

6,630

55,244

73,243

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

29.12.23

£

£

Bank loans

30,090

33,443

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due after more than

5 years by instalments

5,438

9,142

5,438

9,142

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 30 September 2024 and 29 December 2023:

30.9.24

29.12.23

£

£

Director 1

Balance outstanding at start of period

15,748

17,248

Amounts advanced

5,279

-

Amounts repaid

(55,566

)

(1,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

(34,539

)

15,748

10.	GOING CONCERN

Since the year end, the company has ceased to trade and therefore the accounts have been prepared on a basis other than going concern. The director made loans to the company during the year. These funds will not be repaid within the next twelve months and will not be drawn preferentially to any other creditors.