Company Registration No. 11912746 (England and Wales)
Fabric Recruitment Limited
Unaudited accounts
for the year ended 31 March 2025
Fabric Recruitment Limited
Unaudited accounts
Contents
Fabric Recruitment Limited
Company Information
for the year ended 31 March 2025
Company Number
11912746 (England and Wales)
Registered Office
Unit 19 Colliers Business Park
Fieldfare Road
Cotgrave
Nottingham
NG12 3UL
United Kingdom
Accountants
Net Accountancy Solutions Limited
12 Harles Acres
Hickling
Melton Mowbray
LEICESTERSHIRE
LE14 3AF
Fabric Recruitment Limited
Statement of financial position
as at 31 March 2025
Tangible assets
28,495
28,889
Cash at bank and in hand
529
1,121
Creditors: amounts falling due within one year
(132,107)
(96,720)
Net current liabilities
(115,406)
(77,179)
Total assets less current liabilities
(86,911)
(48,290)
Creditors: amounts falling due after more than one year
(54,374)
(3,500)
Net liabilities
(141,285)
(51,790)
Called up share capital
100
100
Profit and loss account
(141,385)
(51,890)
Shareholders' funds
(141,285)
(51,790)
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
Michael I Harris
Director
Company Registration No. 11912746
Fabric Recruitment Limited
Notes to the Accounts
for the year ended 31 March 2025
Fabric Recruitment Limited is a private company, limited by shares, registered in England and Wales, registration number 11912746. The registered office is Unit 19 Colliers Business Park, Fieldfare Road, Cotgrave, Nottingham, NG12 3UL, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33.33% straight line
The accounts have been prepared on a going concern basis as support has been provided by a loan from the director who has confirmed that this support will continue for the foreseeable future.
Fabric Recruitment Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2024
18,633
24,180
42,813
At 31 March 2025
18,633
28,845
47,478
At 1 April 2024
-
13,924
13,924
Charge for the year
-
5,059
5,059
At 31 March 2025
-
18,983
18,983
At 31 March 2025
18,633
9,862
28,495
At 31 March 2024
18,633
10,256
28,889
Amounts falling due within one year
Trade debtors
16,172
18,420
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
3,128
3,000
Trade creditors
7,406
11,066
Taxes and social security
12,078
17,018
Other creditors
19,664
39,960
Loans from directors
52,363
25,076
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors of £54,000 represents a loan to the company that's repayable over 5 years with an initial 2 year repayment holiday. No interest has been charged to date.
Fabric Recruitment Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Transactions with related parties
Various loans were made to the company by Route4 Training Solutions Limited and Route4 Logistics Limited, companies under common control. Also Route4 Training Solutions Limited charged Fabric Recruitment Limited £4,200 (2024: £22,963) for rent and shared costs and Route4 Logistics charged £3,600. At the 31st March 2025 Route4 Training Solutions Limited owed Fabric Recruitment Limited £1,305 (2024: £18,235) and Route4 Logistics Limited was owed £6,850. The loans are interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 4 (2024: 4).