Bluewood Recruitment Ltd

Bluewood Recruitment Ltd
Contents Page
For the year ended 31 March 2026

Accountants' Report	1
Statement of Financial Position	2
Notes to the Financial Statements	3

Bluewood Recruitment Ltd Accountants' Report For the year ended 31 March 2026
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bluewood Recruitment Ltd for the year ended 31 March 2026. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bluewood Recruitment Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Bluewood Recruitment Ltd, as a body, in accordance with the terms of our engagement letter dated 04th October 2017. Our work has been undertaken solely to prepare for your approval the accounts of Bluewood Recruitment Ltd and state those matters that we have agreed to state to the Board of Directors of Bluewood Recruitment Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bluewood Recruitment Ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Bluewood Recruitment Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bluewood Recruitment Ltd. You consider that Bluewood Recruitment Ltd is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Bluewood Recruitment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the year ended 31 March 2026. .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough United Kingdom PE1 2DU 03 November 2026 1

Bluewood Recruitment Ltd
Accountants' Report
For the year ended 31 March 2026

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bluewood Recruitment Ltd for the year ended 31 March 2026.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bluewood Recruitment Ltd for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bluewood Recruitment Ltd, as a body, in accordance with the terms of our engagement letter dated 04th October 2017. Our work has been undertaken solely to prepare for your approval the accounts of Bluewood Recruitment Ltd and state those matters that we have agreed to state to the Board of Directors of Bluewood Recruitment Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bluewood Recruitment Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Bluewood Recruitment Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Bluewood Recruitment Ltd. You consider that Bluewood Recruitment Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bluewood Recruitment Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts for the year ended 31 March 2026.

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
United Kingdom
PE1 2DU
03 November 2026

1

Bluewood Recruitment Ltd
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	16,048	55,124
Investments	4	55,584	80,416
		71,632	135,540
Current assets
Debtors: amounts falling due within one year		424,046	489,579
Debtors: amounts falling due after one year		-	441
Cash at bank and in hand		595,300	587,099
		1,019,346	1,077,119
Creditors: amount falling due within one year		(375,956)	(505,638)
Net current assets		643,390	571,481

Total assets less current liabilities		715,022	707,021
Provisions for liabilities		(13,365)	(19,655)
Net assets		701,657	687,366

Capital and reserves
Called up share capital	5	200	200
Revaluation Reserves		-	19,815
Profit and loss account		701,457	667,351
Shareholders' funds		701,657	687,366

For the 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.

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 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 03 November 2026 and were signed on its behalf by:

-------------------------------
Richard John Stevens
Director

2

Bluewood Recruitment Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2026

General Information

Bluewood Recruitment Ltd is a private company, limited by shares, registered in England and Wales, registration number 06858800, registration address Ground floor, 95 London Road, Leicester, LE2 0PF.
The accounts are presented in GBP.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

Rental income is recognised in the accounting period to which it relates, in accordance with the terms of the relevant tenancy agreements. Rental income is recognised on a straight-line basis over the period of the tenancy, unless another systematic basis more appropriately reflects the pattern in which the property is occupied. Income received in advance is deferred and recognised in the period to which it relates.

Taxation

A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

Unrelieved tax losses and other deferred tax assets are recognised only 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 taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	10% Straight Line
Motor Vehicles	20% Straight Line
Fixtures and Fittings	15% Reducing Balance
Computer Equipment	33% Straight Line

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Gold bullion held as an investment

The company holds physical gold bullion as a long-term investment. The bullion is carried at cost, less any impairment. At 31 March 2026, its carrying amount was £55,584 (2025: £80,416).

During the year, the company removed £24,416 of previously recognised revaluation uplifts. A further adjustment of £416 was made to reconcile the balance to the original acquisition cost. No revaluation uplift was recognised in the current year.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 184 (2025 : 181).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Land and Buildings	Total
	£	£	£	£	£
At 01 April 2025	177,377	12,756	18,107	112,515	320,755
Additions	-	-	6,076	-	6,076
Disposals	-	-	-	-	-
At 31 March 2026	177,377	12,756	24,183	112,515	326,831
Depreciation
At 01 April 2025	144,493	6,877	13,193	101,068	265,631
Charge for year	28,998	882	4,021	11,251	45,152
On disposals	-	-	-	-	-
At 31 March 2026	173,491	7,759	17,214	112,319	310,783
Net book values
Closing balance as at 31 March 2026	3,886	4,997	6,969	196	16,048
Opening balance as at 01 April 2025	32,884	5,879	4,914	11,447	55,124

The net book value of Land and Buildings includes £ 196 (2025 £11,447) in respect of assets leased under finance leases or hire purchase contracts.

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2025	55,584	55,584
Additions	-	-
Disposals	-	-
At 31 March 2026	55,584	55,584

5.

Share Capital

Allotted, called up and fully paid	2026 £	2025 £
80 Ordinary shares of £1.00 each	80	80
5 Class A shares of £1.00 each	5	5
15 Class B shares of £1.00 each	15	15
42 Class C shares of £1.00 each	42	42
42 Class D shares of £1.00 each	42	42
16 Class E shares of £1.00 each	16	16
	200	200

3