James Webber Recruitment Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 03794699 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 DECEMBER 2024

FOR

JAMES WEBBER RECRUITMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J C Webber

Mrs J M Webber

REGISTERED OFFICE:

Little Swallows

Blackstone Road

Ipplepen

Newton Abbot

Devon

TQ12 5QN

REGISTERED NUMBER:

03794699 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Barclays

Amesbury Branch

Salisbury

Wiltshire

SP4 7ET

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

42,530

36,460

Investment property

6

960,000

1,002,530

996,460

CURRENT ASSETS

Debtors

7

426,617

407,608

Cash at bank

1,904,500

1,729,693

2,331,117

2,137,301

CREDITORS

Amounts falling due within one year

8

195,913

161,975

NET CURRENT ASSETS

2,135,204

1,975,326

TOTAL ASSETS LESS CURRENT LIABILITIES

3,137,734

2,971,786

PROVISIONS FOR LIABILITIES

73,531

69,803

NET ASSETS

3,064,203

2,901,983

CAPITAL AND RESERVES

Called up share capital

2

Fair value reserve

9

356,884

Retained earnings

2,707,317

2,545,097

SHAREHOLDERS' FUNDS

3,064,203

2,901,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

Mrs J M Webber - Director

Mr J C Webber - Director

1.	STATUTORY INFORMATION

James Webber 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 as modified by the revaluation of certain assets.

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.

Long leasehold

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on cost

Investment property

Investment property is shown at fair value, the directors consider the value to be the market value at 29 December 2024.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Software

£

COST

At 30 December 2023

and 29 December 2024

4,500

AMORTISATION

At 30 December 2023

and 29 December 2024

4,500

NET BOOK VALUE

At 29 December 2024

-

At 29 December 2023

-

5.	TANGIBLE FIXED ASSETS

Short

Long

Plant and

leasehold

machinery

£

COST

At 30 December 2023

24,240

-

408

Additions

-

15,767

-

At 29 December 2024

24,240

15,767

408

DEPRECIATION

At 30 December 2023

24,240

-

147

Charge for year

-

1,577

52

At 29 December 2024

24,240

1,577

199

NET BOOK VALUE

At 29 December 2024

-

14,190

209

At 29 December 2023

-

261

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 30 December 2023

18,015

40,000

13,813

96,476

Additions

-

970

16,737

At 29 December 2024

18,015

40,000

14,783

113,213

DEPRECIATION

At 30 December 2023

8,798

17,500

9,331

60,016

Charge for year

1,382

5,625

2,031

10,667

At 29 December 2024

10,180

23,125

11,362

70,683

NET BOOK VALUE

At 29 December 2024

7,835

16,875

3,421

42,530

At 29 December 2023

9,217

22,500

4,482

36,460

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 30 December 2023

and 29 December 2024

960,000

NET BOOK VALUE

At 29 December 2024

960,000

At 29 December 2023

960,000

Fair value at 29 December 2024 is represented by:

£

Valuation in 2016

822,000

Valuation in 2018

98,000

Valuation in 2019

(200,000

)

Valuation in 2022

240,000

960,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade debtors

11,910

13,275

Amounts owed by group undertakings

1,456

-

Other debtors

1,200

Directors' current accounts

399,749

380,831

Tax

12,302

426,617

407,608

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Tax

112,036

99,208

Social security and other taxes

14,415

7,075

VAT

65,955

52,357

Other creditors

982

894

Accrued expenses

2,525

2,441

195,913

161,975

9.

RESERVES

Fair

value

reserve

£

At 30 December 2023

and 29 December 2024

356,884

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 29 December 2024 and the period ended 29 December 2023:

2024

2023

£

Mr J C Webber and Mr J C Webber

Balance outstanding at start of year

380,831

92,014

Amounts advanced

429,495

429,247

Amounts repaid

(410,577

)

(140,430

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

399,749

380,831

Loans are unsecured and repayable on demand. Interest is charged at 2.25% in the year on debit loan balances.

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £73,000 (2023 - £72,014) were paid to the directors .

During the year, the company rented the directors personal residence under a Licence to Occupy agreement for £2,362 (2023: £2,362).