REGISTERED NUMBER: 10485343 (England and Wales)

ODIN RECRUITMENT GROUP LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Ballentyne

Miss O L Kay

REGISTERED OFFICE:

Cheadle Place

Stockport Road

Stockport

Cheshire

SK8 2JW

REGISTERED NUMBER:

10485343 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Intangible assets

4

5,215

4,206

Tangible assets

5

2,670

4,074

7,885

8,280

CURRENT ASSETS

Debtors

6

345,109

376,098

Cash at bank

91,617

90,796

436,726

466,894

CREDITORS

Amounts falling due within one year

7

379,169

379,727

NET CURRENT ASSETS

57,557

87,167

TOTAL ASSETS LESS CURRENT LIABILITIES

65,442

95,447

CREDITORS

Amounts falling due after more than one year

8

(11,345

)

(21,556

)

PROVISIONS FOR LIABILITIES

(1,686

)

(1,019

)

NET ASSETS

52,411

72,872

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

52,410

72,871

52,411

72,872

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

P Ballentyne - Director

1.	STATUTORY INFORMATION

Odin Recruitment Group Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

20% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

10,625

Additions

6,772

At 31 March 2025

17,397

AMORTISATION

At 1 April 2024

6,419

Charge for year

5,763

At 31 March 2025

12,182

NET BOOK VALUE

At 31 March 2025

5,215

At 31 March 2024

4,206

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

9,355

5,833

2,581

17,769

DEPRECIATION

At 1 April 2024

8,745

2,625

2,325

13,695

Charge for year

152

1,167

85

1,404

At 31 March 2025

8,897

3,792

2,410

15,099

NET BOOK VALUE

At 31 March 2025

458

2,041

171

2,670

At 31 March 2024

610

3,208

256

4,074

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

343,297

374,400

Prepayments

1,812

1,698

345,109

376,098

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

314,143

344,778

Trade creditors

2,451

2,654

Tax

13,174

7,345

Social security and other taxes

4,026

4,867

VAT

28,985

19,534

Other creditors

2,498

495

Directors' current accounts

13,892

54

379,169

379,727

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

11,345

21,556