Company registration number 04200416 (England and Wales)
TQR RECRUITMENT CO LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
TQR RECRUITMENT CO LTD
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 5
TQR RECRUITMENT CO LTD
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2026
31 March 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
773
1,031
Current assets
Debtors
11,980
Cash at bank and in hand
70,326
105,853
82,306
105,853
Creditors: amounts falling due within one year
(52,473)
(45,178)
Net current assets
29,833
60,675
Total assets less current liabilities
30,606
61,706
Creditors: amounts falling due after more than one year
(7,000)
(9,000)
Net assets
23,606
52,706
Capital and reserves
Called up share capital
5
2
2
Profit and loss reserves
23,604
52,704
Total equity
23,606
52,706
TQR RECRUITMENT CO LTD
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2026
31 March 2026
- 2 -
For the financial year ended 31 March 2026 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 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 21 October 2026
Mr R J Sharp
Director
Company registration number 04200416 (England and Wales)
TQR RECRUITMENT CO LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -
1
Accounting policies
Company information
TQR Recruitment Co Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 1 Cleeve Road, Gotherington, Cheltenham, Gloucestershire, United Kingdom, GL52 9EW.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Plant and equipment
33% on cost and 25% on cost
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2026
2025
Number
Number
Total
2
2
TQR RECRUITMENT CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 4 -
3
Tangible fixed assets
Plant and equipment
£
Cost
At 1 April 2025
2,598
Disposals
(1,429)
At 31 March 2026
1,169
Depreciation and impairment
At 1 April 2025
1,567
Depreciation charged in the year
258
Eliminated in respect of disposals
(1,429)
At 31 March 2026
396
Carrying amount
At 31 March 2026
773
At 31 March 2025
1,031
4
Loans and overdrafts
2026
2025
£
£
Bank overdrafts
9
Other loans
9,000
11,000
9,000
11,009
Payable within one year
2,000
2,009
Payable after one year
7,000
9,000
Bank borrowings were previously secured by a fixed and floating charge over the assets of the company, including its freehold property. This charge was satisfied on 13 March 2025.
5
Called up share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
6
Related party transactions
Transactions with related parties
During the year the company entered into the following transactions with related parties:
TQR RECRUITMENT CO LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
6
Related party transactions
(Continued)
- 5 -
R J Sharp
Director and shareholder
In a previous period Mr Sharp loaned the company £10,043 on an unsecured, interest-free basis. During the year a further £1,737 was loaned to the company. The balance outstanding at the year end is £11,780 (2025: £10,043).
The Quite Remarkable Co Ltd
A company in which Mr Sharp is a director and shareholder
During the year the company received rent of £Nil (2025: £10,750 from the Quite Remarkable Co Ltd. The company also recharged overheads to the related party to the sum of £12,237 (2025: £nil). At the year end the related party owed the company £11,191 (2025 amount owed to the related party: £1,046. These transactions were on an arms length basis. The advance is unsecured, interest free and repayable on demand.