2023-11-01 2024-10-31 false No description of principal activity Capium Accounts Production 1.1 03243174 2023-11-01 2024-10-31 03243174 bus:AbridgedAccounts 2023-11-01 2024-10-31 03243174 bus:FRS102 2023-11-01 2024-10-31 03243174 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 03243174 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 03243174 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 03243174 2023-11-01 2024-10-31 03243174 2024-10-31 03243174 bus:RegisteredOffice 2023-11-01 2024-10-31 03243174 core:WithinOneYear 2024-10-31 03243174 core:AfterOneYear 2024-10-31 03243174 1 2023-11-01 2024-10-31 03243174 bus:Director1 2023-11-01 2024-10-31 03243174 bus:Director1 2024-10-31 03243174 bus:Director1 2022-05-01 2023-10-31 03243174 2022-05-01 03243174 bus:CompanySecretary1 2023-11-01 2024-10-31 03243174 bus:LeadAgentIfApplicable 2023-11-01 2024-10-31 03243174 2022-05-01 2023-10-31 03243174 2023-10-31 03243174 core:WithinOneYear 2023-10-31 03243174 core:AfterOneYear 2023-10-31 03243174 bus:EntityAccountantsOrAuditors 2022-05-01 2023-10-31 03243174 core:LandBuildings 2023-11-01 2024-10-31 03243174 core:LandBuildings 2024-10-31 03243174 core:LandBuildings 2023-10-31 03243174 core:MotorCars 2023-11-01 2024-10-31 03243174 core:MotorCars 2024-10-31 03243174 core:MotorCars 2023-10-31 03243174 core:ComputerEquipment 2023-11-01 2024-10-31 03243174 core:ComputerEquipment 2024-10-31 03243174 core:ComputerEquipment 2023-10-31 03243174 core:InvestmentProperties 2023-11-01 2024-10-31 03243174 core:InvestmentProperties 2024-10-31 03243174 core:InvestmentProperties 2023-10-31 03243174 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-10-31 03243174 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-10-31 03243174 core:NetGoodwill 2023-11-01 2024-10-31 03243174 core:NetGoodwill 2024-10-31 03243174 core:NetGoodwill 2023-10-31 03243174 core:CostValuation core:Non-currentFinancialInstruments 2024-10-31 03243174 core:CostValuation core:Non-currentFinancialInstruments 2023-10-31 03243174 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-10-31 03243174 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-31 03243174 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-10-31 03243174 core:Non-currentFinancialInstruments 2024-10-31 03243174 core:Non-currentFinancialInstruments 2023-10-31 03243174 core:ShareCapital 2024-10-31 03243174 core:ShareCapital 2023-10-31 03243174 core:RevaluationReserve 2024-10-31 03243174 core:RevaluationReserve 2023-10-31 03243174 core:RetainedEarningsAccumulatedLosses 2024-10-31 03243174 core:RetainedEarningsAccumulatedLosses 2023-10-31 03243174 dpl:Item1 2023-11-01 03243174 dpl:Item1 2024-10-31 03243174 dpl:Item1 2022-05-01 03243174 dpl:Item1 2023-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 03243174
England and Wales

 

 

 

DYNAMIC RECRUITMENT CONSULTANTS LIMITED



Abridged Accounts
 


Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

Dynamic Recruitment Consultants Limited
Contents Page
For the year ended 31 October 2024
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 4 502,090    154,894 
502,090    154,894 
Current assets      
Stocks 1,011,593    911,172 
Debtors 34,738    978 
Cash at bank and in hand 405,570    622,261 
1,451,901    1,534,411 
Creditors: amount falling due within one year (34,059)   (36,092)
Net current assets 1,417,842    1,498,319 
 
Total assets less current liabilities 1,919,932    1,653,213 
Provisions for liabilities (38,627)   0 
Net assets 1,881,305    1,653,213 
 

Capital and reserves 		     
Called up share capital 100    100 
Revaluation Reserves 297,425    0 
Profit and loss account 1,583,780    1,653,113 
Shareholders' funds 1,881,305    1,653,213 
 


For the year ended 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 22 October 2025 and were signed on its behalf by:


-------------------------------
S A Finnerty
Director
1
General Information
Dynamic Recruitment Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 03243174, registration address 6 Dobree Avenue, London, England, NW10 2AE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102(1A) The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the statement of income, 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 statement of financial position date.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 and 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.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 0 years.

If there is an indication that there has been a significant change in amortisation rate or residual value of an asset, the amortisation of that asset is revised prospectively to reflect the new expectations.
Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment - 25% reducing balance method
Freehold Property - 2% straight line method
Motor Vehicle - 20% straight line method
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount and an impairment loss is recognised immediately in profit or loss.
If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.

Investment properties are recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
Stocks and work in progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any forseeable losses where appropriate. No element of profit is included in the valuation of work in progress.
Debtors
Short term debtors are measured at transaction price less any impairment. Loans receivable are measured at initially at fair value, net of transaction costs, and are measured subsequently at amortised costs using the effective interest method.
Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans are measured initially at fair value, net of transaction costs, and are subsequently measured at amortised costs using the effective interest method.
2.

Average number of employees

Average number of employees during the year was 3 (2023 : 3).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 November 2023 6,750    6,750 
Additions -    - 
Disposals -    - 
At 31 October 2024 6,750    6,750 
Amortisation
At 01 November 2023 6,750    6,750 
Charge for year -    - 
On disposals -    - 
At 31 October 2024 6,750    6,750 
Net book values
At 31 October 2024 -    - 
At 31 October 2023 -    - 


4.

Tangible fixed assets

Cost or valuation Investment properties   Land and buildings   Plant and machinery etc   Total
  £   £   £   £
At 01 November 2023 -    200,756    6,502    207,258 
Additions -    -    51,785    51,785 
Disposals -    -    (1,807)   (1,807)
Transfers 450,000    (200,756)   -    249,244 
At 31 October 2024 450,000    -    56,480    506,480 
Depreciation
At 01 November 2023 -    48,181    4,183    52,364 
Charge for year -    -    1,443    1,443 
On disposals -    (48,181)   (1,236)   (49,417)
At 31 October 2024 -    -    4,390    4,390 
Net book values
Closing balance as at 31 October 2024 450,000    -    52,090    502,090 
Opening balance as at 01 November 2023 -    152,575    2,319    154,894 


Valuation of Investment Properties
The investment properties were valued on an open market basis by the director of Dynamic Recruitment Consultants Limited at 31 October 2024. 

Fair value at 31 October 2024 is represented by:

.   Investment Properties
£
Transfer from Tangible Fixed Assets in 2024 450,000 
450,000 


5.

Advances and Credits



S A Finnerty
The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

Miss S F O'Driscoll
The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

Current year (2024)
Brought Forward
£		Amount
£		Interest
£		Repaid
£		Written Off
£		Waived
£		Carry Forward
£
S A Finnerty395 10,070 0 0 0 0 10,465 
Miss S F O'Driscoll(157)1,657 0 0 0 0 1,500 
23811727000011965
Previous year (2023)
Brought Forward
£		Amount
£		Interest
£		Repaid
£		Written Off
£		Waived
£		Carry Forward
£
S A Finnerty395 0 0 0 0 0 395 
Miss S F O'Driscoll(157)0 0 0 0 0 (157)
23800000238
6.

Debtors: amounts falling due within one year

.   2024
£		   2023
£
Prepayments and Accrued Income 3,747  583 
Directors Loan Account 11,965  395 
VAT 19,026  - 
34,738  978 

7.

Creditors: amounts falling due within one year

.   2024
£		   2023
£
Trade Creditors 5,183  6,743 
Corporation Tax -  162 
Accrued Expenses 4,500  2,700 
Other Creditors 24,376  13,718 
Directors Current Account -  157 
VAT -  12,612 
34,059  36,092 

8.

Ultimate Controlling Party

The company is under the control of its director, Miss S F O'Driscoll.
9.

Revaluation Reserves

.   2024
£		   2023
£
Revaluation of Fixed Assets 297,425  - 
297,425  - 

2