REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30 April 2016 |
for |
Absolute Recruitment UK Limited |
REGISTERED NUMBER: |
Abbreviated Unaudited Accounts for the Year Ended 30 April 2016 |
for |
Absolute Recruitment UK Limited |
Absolute Recruitment UK Limited (Registered number: 06728153) |
Contents of the Abbreviated Accounts |
for the Year Ended 30 April 2016 |
Page |
Company Information | 1 |
Abbreviated Balance Sheet | 2 |
Notes to the Abbreviated Accounts | 4 |
Absolute Recruitment UK Limited |
Company Information |
for the Year Ended 30 April 2016 |
DIRECTORS: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Absolute Recruitment UK Limited (Registered number: 06728153) |
Abbreviated Balance Sheet |
30 April 2016 |
30.4.16 | 30.4.15 |
Notes | £ | £ |
FIXED ASSETS |
Intangible assets | 2 |
Tangible assets | 3 |
CURRENT ASSETS |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 4 | ( |
) | ( |
) |
NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 5 |
Profit and loss account |
SHAREHOLDERS' FUNDS |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Absolute Recruitment UK Limited (Registered number: 06728153) |
Abbreviated Balance Sheet - continued |
30 April 2016 |
The financial statements were approved by the Board of Directors on |
Absolute Recruitment UK Limited (Registered number: 06728153) |
Notes to the Abbreviated Accounts |
for the Year Ended 30 April 2016 |
1. | ACCOUNTING POLICIES |
Accounting convention |
The financial statements have been prepared under the historical cost convention and in accordance with the |
Financial Reporting Standard for Smaller Entities (effective January 2015). |
Turnover |
Turnover represents net invoiced sales of services, excluding value added tax. |
Goodwill |
Tangible fixed assets |
Computer & office equipment | - |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance |
sheet date. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the |
period of the lease. |
Factoring of debt |
The company has adopted the separate disclosure method for the Factoring of Debt in place. The gross asset |
amount of the debt is disclosed on the balance sheet within trade debtors, and the corresponding liability in |
respect of the proceeds received from the factor is disclosed within creditors. Interest and factoring charges are |
recognised in the profit and loss account. |
2. | INTANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2015 |
and 30 April 2016 |
AMORTISATION |
At 1 May 2015 |
and 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 30 April 2015 |
Absolute Recruitment UK Limited (Registered number: 06728153) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 April 2016 |
3. | TANGIBLE FIXED ASSETS |
Total |
£ |
COST |
At 1 May 2015 |
Additions |
At 30 April 2016 |
DEPRECIATION |
At 1 May 2015 |
Charge for year |
At 30 April 2016 |
NET BOOK VALUE |
At 30 April 2016 |
At 30 April 2015 |
4. | CREDITORS |
Creditors include an amount of £ |
5. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.4.16 | 30.4.15 |
value: | £ | £ |
Ordinary 'A' | £1 |
Ordinary 'B' | £1 |
Ordinary 'C' | £1 |
820 | 820 |
6. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
At 30 April 2016 the directors Mr D Marshall and Mrs J Marshall owed £122,507 to the company (2015 - |
£106,473). |
At 30 April 2016 the director Ms F Welch owed £9,009 to the company (2015 - £10,819). |
Absolute Recruitment UK Limited (Registered number: 06728153) |
Notes to the Abbreviated Accounts - continued |
for the Year Ended 30 April 2016 |
7. | RELATED PARTY DISCLOSURES |
The directors Mr & Mrs Marshall are also directors and shareholders of Absolute Solutions Group Limited, |
Reliant Consultancy Services Limited and Meadowbank Associates Limited. |
Absolute Solutions Group Limited holds 100% of the share capital of Bralin Recruitment Limited and Absolute |
Health and Care Limited, companies in which Mr & Mrs Marshall are also directors. |
Ms Welch is also a director of Bralin Recruitment Limited and Meadowbank Associates Limited. |
Absolute Solutions Group Limited |
At the period ended 30 April 2016 the company was owed £41,053 (2015 - £49,771 by Absolute Solutions |
Group Limited. |
Bralin Recruitment Limited |
During the period £114,496 (2015 - £92,360) was charged by Absolute Recruitment (UK) Limited for the |
provision of management services. The charge has been calculated on an arm's length commercial basis by the |
management team. At the period ended 30 April 2016 the company was owed £nil (2015 - £53,635) by Absolute |
Recruitment (UK) Limited. |
Meadowbank Associates Limited |
During the period £118,396 (2015 - £110,303) was charged by Absolute Recruitment (UK) Limited for the |
provision of management services. The charge has been calculated on an arm's length commercial basis by the |
management team. At the period ended 30 April 2016 the company was owed £50,194 (2015 - £128,374) by |
Meadowbank Associates Limited. |
Reliant Consultancy Services Limited |
At the period ended 30 April 2016 the company owed £762 (2015 - £762) to Reliant Consultancy Services |
Limited. |
Absolute Health and Care Limited |
During the period £55,538 (2015 - £nil) was charged by Absolute Recruitment (UK) Limited for the provision of |
management services. The charge has been calculated on an arm's length commercial basis by the management |
team. At the period ended 30 April 2016 the company owed £12,078 (2015 - £92,175) to Absolute Recruitment |
(UK) Limited. |