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Company Registration No. 14029334 (England and Wales)
The Recruitment Source Ltd Unaudited accounts for the year ended 30 April 2025
The Recruitment Source Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
The Recruitment Source Ltd Company Information for the year ended 30 April 2025
Directors
Craig Davies Simon Malpas
Company Number
14029334 (England and Wales)
Registered Office
Suite 4 1 & 2 The Courtyard Earl Road Cheadle Cheshire SK8 6GN United Kingdom
Accountants
One Abacus Limited Coldharbour Works 245a Coldharbour Lane London SW9 8RR
- 3 -
The Recruitment Source Ltd Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,235
681
Current assets
Debtors
5
410,051
28,403
Cash at bank and in hand
146,077
37,388
556,128
65,791
Creditors: amounts falling due within one year
6
(553,247)
(65,069)
Net current assets
2,881
722
Net assets
7,116
1,403
Capital and reserves
Called up share capital
100
100
Profit and loss account
7,016
1,303
Shareholders' funds
7,116
1,403
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by
Craig Davies Director Company Registration No. 14029334
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The Recruitment Source Ltd Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
The Recruitment Source Ltd is a private company, limited by shares, registered in England and Wales, registration number 14029334. The registered office is Suite 4, 1 & 2 The Courtyard, Earl Road, Cheadle, Cheshire, SK8 6GN, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
Straight Liner Basis 4 Years
Fixtures & fittings
Straight Line basis 5 Years
Computer equipment
Straight Line Basis 3 years
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 May 2024
-
-
1,803
1,803
Additions
2,100
667
1,911
4,678
At 30 April 2025
2,100
667
3,714
6,481
Depreciation
At 1 May 2024
-
-
1,122
1,122
Charge for the year
106
79
939
1,124
At 30 April 2025
106
79
2,061
2,246
Net book value
At 30 April 2025
1,994
588
1,653
4,235
At 30 April 2024
-
-
681
681
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
410,051
28,403
- 5 -
The Recruitment Source Ltd Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
65,093
3,853
Trade creditors
456,101
50,709
Taxes and social security
23,435
5,417
Other creditors
2,575
2,095
Loans from directors
6,043
1,995
Accruals
-
1,000
553,247
65,069
7
Average number of employees
During the year the average number of employees was 2 (2024: 2).
- 6 -