Arion Recruitment Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04385611

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

ARION RECRUITMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N P J Flitcroft

R J Kusel

G J D Roberts

REGISTERED OFFICE:

5 Morie Street

Wandsworth Town

London

SW18 1SL

REGISTERED NUMBER:

04385611

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

3

4,638

4,494

CURRENT ASSETS

Debtors

4

670,664

713,842

Cash at bank and in hand

207,518

231,531

878,182

945,373

CREDITORS

Amounts falling due within one year

5

354,052

192,645

NET CURRENT ASSETS

524,130

752,728

TOTAL ASSETS LESS CURRENT
LIABILITIES

528,768

757,222

CREDITORS

Amounts falling due after more than one
year

6

(2,614

)

(12,916

)

PROVISIONS FOR LIABILITIES

(1,160

)

(1,124

)

NET ASSETS

524,994

743,182

CAPITAL AND RESERVES

Called up share capital

103

Retained earnings

524,891

743,079

524,994

743,182

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 December 2025 and were signed on its behalf by:

G J D Roberts - Director

N P J Flitcroft - Director

R J Kusel - Director

1.	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 the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Turnover is presented gross of any

discounts offered to agents as a commission, but net of any value added tax.

For the rendering of services where a customer receives consideration over a period of more than one day,

turnover is recognised on a straight-line basis over the duration of the period of consideration.

For the rendering of services where a customer receives all the consideration of the sale on one day, turnover

is recognised on that day.

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 cost

Taxation

Taxation for the year 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 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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

3.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 April 2024

1,285

10,619

11,904

Additions

-

3,036

Disposals

-

(1,808

)

(1,808

)

At 31 March 2025

1,285

11,847

13,132

DEPRECIATION

At 1 April 2024

1,057

6,353

7,410

Charge for year

57

2,835

2,892

Eliminated on disposal

-

(1,808

)

(1,808

)

At 31 March 2025

1,114

7,380

8,494

NET BOOK VALUE

At 31 March 2025

171

4,467

4,638

At 31 March 2024

228

4,266

4,494

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

393,572

470,915

Directors' loan accounts

14,739

15,909

Tax

4,179

-

VAT

2,997

13,455

Accrued income

253,661

211,916

Prepayments

1,516

1,647

670,664

713,842

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

10,457

10,333

Trade creditors

230,999

128,382

Social security and other taxes

(16,233

)

(16,082

)

Other creditors

5,671

5,287

Accrued expenses

123,158

64,725

354,052

192,645

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

2,614

10,333

Bank loans - 2-5 years

-

2,583

2,614

12,916

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

R J Kusel

Balance outstanding at start of year

4,999

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,999

G J D Roberts

Balance outstanding at start of year

5,579

5,249

Amounts advanced

-

330

Amounts repaid

(750

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,829

5,579

N P J Flitcroft

Balance outstanding at start of year

5,331

5,359

Amounts advanced

330

1,510

Amounts repaid

(750

)

(1,538

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

4,911

5,331

This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.

8.	RELATED PARTY DISCLOSURES

During the year the company issued dividends as follows:

R J Kusel

£69,226

G J D Roberts

£69,705

N P J Flitcroft

£67,224

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is G J D Roberts and R J Kusel.

This was by virtue of their 99% holding of the issued share capital.