Registrar

Registration number: 12410851

Entrada Recruitment Group Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 7

Entrada Recruitment Group Limited

Company Information

 

Directors

C J Woods

 

Registered office

131 Finsbury Pavement London EC2A 1NT

 

Bankers

Tide Platform Limited 2nd Floor Whitebeard Yard 144A Clerkenwell Road London EC1R 5DF

 

Auditors

Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Entrada Recruitment Group Limited

(Registration number: 12410851)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	1,205	2,266
Current assets
Debtors	5	257,404	446,513
Cash at bank and in hand		1,518	4,805
		258,922	451,318
Creditors: Amounts falling due within one year	6	(581,739)	(509,970)
Net current liabilities		(322,817)	(58,652)
Net liabilities		(321,612)	(56,386)
Capital and reserves
Called up share capital	7	1,000	1,000
Retained earnings		(322,612)	(57,386)
Shareholders' deficit		(321,612)	(56,386)

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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 30 December 2025
 

C J Woods
Director

Entrada Recruitment Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 131 Finsbury Pavement, London, EC2A 1NT.

These financial statements were authorised for issue by the director on 30 December 2025.

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.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Going concern

The director has considered the availability of resources to meet the Company’s liabilities for the going concern review period through to 31 December 2026. The director has considered the going concern position of the Company, taking into account the performance of the 2024 year, the actuals to October 2025 and the forecasts up to December 2026. As part of this going concern review, the director has analysed forecasts covering a period through to 31 December 2026 which demonstrates that the company will continue to have sufficient cash availability and profitability to continue as a
going concern.

The director and connected entities including the parent company, Envious Holdings Inc and its ultimate shareholder are committed to providing the necessary funds as required.

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 30 December 2025 was Luke Mitchell ACA, who signed for and on behalf of Lambert Chapman LLP.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the placement of permanent and temporary staff in the ordinary course of the company’s activities. Turnover is shown net of value added tax, refunds, 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.

Entrada Recruitment Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in the profit or loss account, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on material temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date. Deferred tax asset in respect of unused losses are only recognised when it is probable that the the entity will have future taxable profits to utilise the losses.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for recruitment services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

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.

Entrada Recruitment Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

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 the director) during the year, was 8 (2023 - 5).

4	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 January 2024	5,581	5,581
At 31 December 2024	5,581	5,581
Depreciation
At 1 January 2024	3,315	3,315
Charge for the year	1,061	1,061
At 31 December 2024	4,376	4,376
Carrying amount
At 31 December 2024	1,205	1,205
At 31 December 2023 (Unaudited)	2,266	2,266

5

Debtors

	Note	2024 £	2023 £
Trade debtors		216,980	415,415
Directors loan	9	7,688	7,688
Other debtors		15,219	2,941
Prepayments and accrued income		17,517	20,469
		257,404	446,513

Entrada Recruitment Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	83,530	65,453
Amounts owed to group undertakings	37,651	48,635
Taxation and social security	163,083	80,507
Other creditors	280,059	301,000
Accruals and deferred income	17,416	14,375
	581,739	509,970

Other creditors include discounting facilities which are secured to the value of £215,372 (2023: £269,555).

Included within other creditors, is £63,178 owed to an other related party, in 2023 the other related party was a 100% owned subsidiary of the same parent as the entity and so no disclosure of the balance was required.

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary Share of £1 each	1,000	1,000	1,000	1,000

8	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £50,000 (2023 - £Nil).

Entrada Recruitment Group Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

9	Related party transactions

Transactions with the director

2024	At 1 January 2024 £	Advances to director £	Repayments by director £	At 31 December 2024 £
Transactions with director	7,688	-	-	7,688

2023	At 1 January 2023 £	Advances to director £	Repayments by director £	At 31 December 2023 £
Transactions with director	7,688	-	-	7,688

10	Parent and ultimate parent undertaking

The company's immediate parent is Envious Holdings Inc, incorporated in The United States of America.

 The ultimate controlling party is S H Jones.