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

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The director of the company has elected not to include a copy of the income statement within the financial statements.true

TQR Recruitment Co Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Cleeve Road, Gotherington, Cheltenham, Gloucestershire, United Kingdom, GL52 9EW.

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

Going concern

The director has considered the results and the likely working capital needs of the company for a period of at least twelve months from the date of approval of these financial statements and has concluded that the company should be able to generate sufficient profits and working capital to enable it to continue to trade. As a result of those conclusions, the director has determined that it is appropriate to prepare these financial statements on the basis that the company is a going concern.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales.

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

The tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

The average monthly number of persons (including directors) employed by the company during the year was:

Bank borrowings are secured by a fixed and floating charge over the assets of the company, including its freehold property.

During the year the company entered into the following transactions with related parties:

R J Sharp

Director and shareholder

In a previous period Mr Sharp loaned the company £8,513 on an unsecured, interest-free basis. During the year a further £1,530 was loaned to the company. The balance outstanding at the year end is £10,043 (2024: £8,513).

The Quite Remarkable Co Ltd

A company in which Mr Sharp is a director and shareholder

During the year the company received rent of £10,750 (2024: £15,400) and overheads recharged of £0 (2024: £11,500) from the Quite Remarkable Co Ltd and at the year end the company was owed by the related party £540 (2024: £540). These transactions were on an arms length basis. The advance is unsecured, interest free and repayable on demand.