Smartsearch Recruitment Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 06868599

Smartsearch Recruitment Limited

Filleted Unaudited Financial Statements

30 April 2025

Smartsearch Recruitment Limited

Statement of Financial Position

30 April 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	179	357

Current assets

Debtors	6	14,500	54,409
Cash at bank and in hand		49,773	49,332
		--------	---------
		64,273	103,741

Creditors: amounts falling due within one year	7	18,389	13,619
		--------	---------
Net current assets		45,884	90,122
		--------	--------
Total assets less current liabilities		46,063	90,479

Creditors: amounts falling due after more than one year	8	11,348	14,568
		--------	--------
Net assets		34,715	75,911
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	34,615	75,811
	--------	--------
Shareholder funds	34,715	75,911
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has 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 Act with respect to accounting records and the preparation of financial statements .

Smartsearch Recruitment Limited

Statement of Financial Position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 8 January 2026 , and are signed on behalf of the board by:

Mr R L Wright
Director

Company registration number: 06868599

Smartsearch Recruitment Limited

Notes to the Financial Statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 1 Queens Park View, Chester, CH4 7BU.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company accounting policies.

Revenue recognition

The turnover shown in the profit and loss account represents amounts invoiced for the supply of online recruitment services during the year, exclusive of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	25% straight line

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Plant and machinery
	£
Cost
At 1 May 2024	1,117
Disposals	( 282)
	-------
At 30 April 2025	835
	-------
Depreciation
At 1 May 2024	760
Charge for the year	60
Disposals	( 164)
	-------
At 30 April 2025	656
	-------
Carrying amount
At 30 April 2025	179
	-------
At 30 April 2024	357
	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	14,246	40,118
Other debtors	254	14,291
	--------	--------
	14,500	54,409
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	7,129	7,129
Trade creditors	870	99
Social security and other taxes	5,780	5,203
Other creditors	4,610	1,188
	--------	--------
	18,389	13,619
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	11,348	14,568
	--------	--------

9. Director's advances, credits and guarantees

The director operates a current account with the company. The opening balance at the start of the year was £14,115 overdrawn (2024 £73,804 overdrawn) and at the close of the year, the director was owed £3,341 (2024 £14,115 overdrawn)by the company. The loan is repayable on demand.