MICROSCAPE RECRUITMENT GROUP LIMITED

MICROSCAPE RECRUITMENT GROUP LIMITED

MICROSCAPE RECRUITMENT GROUP LIMITED - Company Information

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MICROSCAPE RECRUITMENT GROUP LIMITED

Company Registration Number:
10346023 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2018

Period of accounts

Start date: 01 January 2018

End date: 31 December 2018

MICROSCAPE RECRUITMENT GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2018

Balance sheet
Notes

MICROSCAPE RECRUITMENT GROUP LIMITED

Balance sheet

As at 31 December 2018


Notes
2018
16 months to 31 December 2017


£
£
Fixed assets
Investments: 2 1,200,000 1,200,000
Total fixed assets: 1,200,000 1,200,000
Current assets
Total assets less current liabilities: 1,200,000 1,200,000
Creditors: amounts falling due after more than one year: 3 (197,000) (197,000)
Total net assets (liabilities): 1,003,000 1,003,000
Capital and reserves
Called up share capital: 1,200,000 1,200,000
Profit and loss account: (197,000) (197,000)
Shareholders funds: 1,003,000 1,003,000

The notes form part of these financial statements

MICROSCAPE RECRUITMENT GROUP LIMITED

Balance sheet statements

For the year ending 31 December 2018 the company was entitled to exemption 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.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 September 2019
and signed on behalf of the board by:

Name: David Stone
Status: Director

The notes form part of these financial statements

MICROSCAPE RECRUITMENT GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

MICROSCAPE RECRUITMENT GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

2. Fixed investments

The investment has arisen from a re-organisation of the MRL Group and a subsequent demerger.The shares held are in MRL Consulting Group Ltd (100%) which trades as do its subsidiaries in Germany and France.The value of the investment has now been impaired as should have been in 2017. The final stage of the demerger involved part of the investment being traded.

MICROSCAPE RECRUITMENT GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

3. Creditors: amounts falling due after more than one year note

MRL Consulting Group Ltd (subsidiary)- £ 197,000relates to purchase of subsidiary Microscape Property Limited.

MICROSCAPE RECRUITMENT GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

4. Financial commitments

There are no financial commitments as there is no trade.

MICROSCAPE RECRUITMENT GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2018

5. Changes in presentation and prior period adjustments

2017 is restated for an impairment applied to the investments. This impairment was £ 800,000 and relates to the value of shares transferred out as the final stage of demerger in April 2017.