REGISTERED NUMBER: 08813416 (England and Wales)

ADORE RECRUITMENT LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

to

3

Notes to the Financial Statements

4

to

6

DIRECTOR:

Mrs S Clark

REGISTERED OFFICE:

255 Green Lanes

Palmers Green

London

N13 4XE

REGISTERED NUMBER:

08813416 (England and Wales)

ACCOUNTANTS:

John Crook & Partners

Chartered Accountants

255 Green Lanes

Palmers Green

London

N13 4XE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

11,080

15,687

11,080

15,687

CURRENT ASSETS

Debtors

6

722,116

984,355

Cash at bank and in hand

17,763

18,743

739,879

1,003,098

CREDITORS

Amounts falling due within one year

7

489,967

675,757

NET CURRENT ASSETS

249,912

327,341

TOTAL ASSETS LESS CURRENT LIABILITIES

260,992

343,028

CREDITORS

Amounts falling due after more than one year

8

(27,224

)

(32,479

)

PROVISIONS FOR LIABILITIES

(2,416

)

(3,562

)

NET ASSETS

231,352

306,987

CAPITAL AND RESERVES

Called up share capital

9

200

200

Retained earnings

10

231,152

306,787

SHAREHOLDERS' FUNDS

231,352

306,987

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 December 2025 and were signed by:

Mrs S Clark - Director

1.	STATUTORY INFORMATION

Adore Recruitment Ltd 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 (having regard to the fulfilment of contractual obligations).

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2020, is being amortised evenly over its estimated useful life of three years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 reducing balance

Computer equipment

-

33% on reducing balance

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 98 (2024 - 114 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

37,443

AMORTISATION

At 1 April 2024

and 31 March 2025

37,443

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

27,029

22,824

49,853

DEPRECIATION

At 1 April 2024

19,262

14,904

34,166

Charge for year

1,942

2,665

4,607

At 31 March 2025

21,204

17,569

38,773

NET BOOK VALUE

At 31 March 2025

5,825

5,255

11,080

At 31 March 2024

7,767

7,920

15,687

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

327,925

587,493

Amounts owed by group undertakings

325,335

325,335

Other debtors

68,856

71,527

722,116

984,355

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

23,179

212,606

Trade creditors

7,733

7,644

Amounts owed to associates

160,972

153,135

Taxation and social security

194,986

239,129

Other creditors

103,097

63,243

489,967

675,757

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

27,224

32,479

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

2,130

8,299

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

100

Ordinary A

£1

100

100

200

200

10.

RESERVES

Retained

earnings

£

At 1 April 2024

306,787

Profit for the year

46,654

Dividends

(122,289

)

At 31 March 2025

231,152

11.	RELATED PARTY DISCLOSURES

The company paid dividends of £59,247 (2024- £106,240). The company is owed £315,175 (2024 - £325,335) by its parent Surrogate Holdings Limited.

A company controlled by Mrs Clark Clarks Construction Services has assisted with working capital. Interest is charged at 5% on the outstanding balance. Interest charged in the year was £7,657 (2024 - £3,315). The balance outstanding at the year end was £160,972 (2024 - £153,135).

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Surrogate Holdings Limited.

The ultimate controlling party is Mrs S Clark.