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Company Registration No. 07560059 (England and Wales)
Accountable Recruitment Limited Unaudited accounts for the year ended 30 June 2025
Accountable Recruitment Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Accountable Recruitment Limited Company Information for the year ended 30 June 2025
Directors
Grainne Massey Simon Massey
Company Number
07560059 (England and Wales)
Registered Office
Suite 4c The Plaza 100 Old Hall Street LIVERPOOL Merseyside L3 9QJ UNITED KINGDOM
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Accountable Recruitment Limited Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,091
13,039
Current assets
Debtors
5
710,799
436,341
Cash at bank and in hand
164,380
24,790
875,179
461,131
Creditors: amounts falling due within one year
6
(938,490)
(673,067)
Net current liabilities
(63,311)
(211,936)
Total assets less current liabilities
(62,220)
(198,897)
Creditors: amounts falling due after more than one year
7
(452,704)
(357,820)
Net liabilities
(514,924)
(556,717)
Capital and reserves
Called up share capital
100
100
Profit and loss account
(515,024)
(556,817)
Shareholders' funds
(514,924)
(556,717)
For the year ending 30 June 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 30 March 2026 and were signed on its behalf by
Simon Massey Director Company Registration No. 07560059
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Accountable Recruitment Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Accountable Recruitment Limited is a private company, limited by shares, registered in England and Wales, registration number 07560059. The registered office is Suite 4c, The Plaza, 100 Old Hall Street, LIVERPOOL, Merseyside, L3 9QJ, 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.
Going concern
The results for the year have shown a significant turnaround in performance. Revenue has increased by 35%, operating profit has improved by £439,000 to £339,837 and the cash position at the balance sheet date increased by £139,590 to £164,380. The improved performance has continued into the new financial year. Further to the improved performance, the directors have prepared financial forecasts that show the improved business performance flowing to a further improved balance sheet position. As a result the directors have prepared the accounts on a going concern basis.
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:
Fixtures & fittings
25% Straight line
Computer equipment
33% Straight line
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 July 2024
42,033
13,386
55,419
Additions
-
2,596
2,596
At 30 June 2025
42,033
15,982
58,015
Depreciation
At 1 July 2024
31,952
10,428
42,380
Charge for the year
10,081
4,463
14,544
At 30 June 2025
42,033
14,891
56,924
Net book value
At 30 June 2025
-
1,091
1,091
At 30 June 2024
10,081
2,958
13,039
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Accountable Recruitment Limited Notes to the Accounts for the year ended 30 June 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
372,870
270,120
Accrued income and prepayments
96,679
15,309
Other debtors
111,287
10,869
580,836
296,298
Amounts falling due after more than one year
Other debtors
129,963
140,043
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
404,959
404,024
Trade creditors
18,985
-
Taxes and social security
586,586
491,304
Other creditors
272,035
171,396
Loans from directors
(347,575)
(393,657)
Accruals
3,500
-
938,490
673,067
Included within other creditors is a liability of £263,735 which is secured on the trade receivables.
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
202,704
202,820
Other creditors
250,000
155,000
452,704
357,820
8
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Directors Loan
98,415
30,017
41,538
86,894
Directors Loan
295,242
90,052
124,613
260,681
393,657
120,069
166,151
347,575
9
Average number of employees
During the year the average number of employees was 17 (2024: 17).
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