Four Squared Recruitment Ltd 11725814 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is recruitment services. Digita Accounts Production Advanced 6.30.9574.0 true false false 11725814 2024-04-01 2025-03-31 11725814 2025-03-31 11725814 core:RetainedEarningsAccumulatedLosses 2025-03-31 11725814 core:ShareCapital 2025-03-31 11725814 core:CurrentFinancialInstruments 2025-03-31 11725814 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 11725814 core:Non-currentFinancialInstruments 2025-03-31 11725814 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 11725814 core:FurnitureFittingsToolsEquipment 2025-03-31 11725814 bus:SmallEntities 2024-04-01 2025-03-31 11725814 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11725814 bus:FilletedAccounts 2024-04-01 2025-03-31 11725814 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11725814 bus:RegisteredOffice 2024-04-01 2025-03-31 11725814 bus:Director1 2024-04-01 2025-03-31 11725814 bus:Director2 2024-04-01 2025-03-31 11725814 bus:Director3 2024-04-01 2025-03-31 11725814 bus:Director4 2024-04-01 2025-03-31 11725814 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11725814 bus:Agent1 2024-04-01 2025-03-31 11725814 core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 11725814 core:OfficeEquipment 2024-04-01 2025-03-31 11725814 core:Subsidiary1 2024-04-01 2025-03-31 11725814 core:Subsidiary1 1 2024-04-01 2025-03-31 11725814 countries:EnglandWales 2024-04-01 2025-03-31 11725814 2024-03-31 11725814 core:CostValuation 2024-03-31 11725814 core:FurnitureFittingsToolsEquipment 2024-03-31 11725814 2023-07-01 2024-03-31 11725814 2024-03-31 11725814 core:RetainedEarningsAccumulatedLosses 2024-03-31 11725814 core:ShareCapital 2024-03-31 11725814 core:CurrentFinancialInstruments 2024-03-31 11725814 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 11725814 core:Non-currentFinancialInstruments 2024-03-31 11725814 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 11725814 core:FurnitureFittingsToolsEquipment 2024-03-31 11725814 core:Subsidiary1 1 2023-07-01 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 11725814

Four Squared Recruitment Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 March 2025

Four Squared Recruitment Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Four Squared Recruitment Ltd

Company Information

Directors | Mr J E Syree Mr M A Skellum Mr S A Jones Mrs E Gregory

Registered office | Oakmoore Court 11C Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

Accountants | Ballards LLP Chartered AccountantsOakmoore Court 11C Kingswood Road Hampton Lovett Droitwich Worcestershire WR9 0QH

Four Squared Recruitment Ltd

(Registration number: 11725814)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,931 | 8,657
Investments | 5 | 1 | 1
|  | 4,932 | 8,658
Current assets |  |  |
Debtors | 6 | 65,976 | 48,631
Cash at bank and in hand |  | 462 | 11,435
|  | 66,438 | 60,066
Creditors: Amounts falling due within one year | 7 | (111,643) | (66,451)
Net current liabilities |  | (45,205) | (6,385)
Total assets less current liabilities |  | (40,273) | 2,273
Creditors: Amounts falling due after more than one year | 7 | (1,969) | (6,667)
Provisions for liabilities |  | (697) | (1,224)
Net liabilities |  | (42,939) | (5,618)
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | (42,940) | (5,619)
Shareholders' deficit |  | (42,939) | (5,618)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 22 November 2025 and signed on its behalf by:

......................................... Mr J E Syree Director | ......................................... Mr M A Skellum Director |

Four Squared Recruitment Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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:
Oakmoore Court 11C Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH
Great Britain

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.

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 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.

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.

Four Squared Recruitment Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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
Office equipment | 33.33% 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.

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.

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.

Four Squared Recruitment Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 12 (2024 - 13).

Four Squared Recruitment Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 April 2024 | 18,495 | 18,495
At 31 March 2025 | 18,495 | 18,495
Depreciation
At 1 April 2024 | 9,838 | 9,838
Charge for the year | 3,726 | 3,726
At 31 March 2025 | 13,564 | 13,564
Carrying amount
At 31 March 2025 | 4,931 | 4,931
At 31 March 2024 | 8,657 | 8,657

5 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 1 | 1

Subsidiaries | £
Cost or valuation
At 1 April 2024 | 1
Provision
Carrying amount
At 31 March 2025 | 1
At 31 March 2024 | 1

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Four Squared Recruitment Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
FSR SERVICES LIMITED | Oakmoore Court Kingswood Road, Hampton Lovett, Droitwich, Worcestershire, United Kingdom, WR9 0QH | Class 1 ordinary | 100% | 100%

Four Squared Recruitment Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Debtors

Current | Note | 2025 £ | 2024 £
Trade debtors |  | 62,462 | 39,820
Amounts owed by related parties |  | 999 | 999
Prepayments |  | 2,514 | 2,297
Other debtors |  | 1 | 5,515
|  | 65,976 | 48,631

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 5,000 | 5,000
Trade creditors |  | 62,814 | 8,755
Taxation and social security |  | 29,554 | 34,476
Accruals and deferred income |  | 9,144 | 784
Other creditors |  | 5,131 | 17,436
|  | 111,643 | 66,451

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 1,969 | 6,667

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 1,969 | 6,667

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 5,000 | 5,000