Health Recruit Network Limited - Accounts to registrar (filleted) - small 18.2
Health Recruit Network Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| HEALTH RECRUIT NETWORK LIMITED |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020 |
| HEALTH RECRUIT NETWORK LIMITED (REGISTERED NUMBER: 08866395) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 January 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| HEALTH RECRUIT NETWORK LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 January 2020 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 1 Abacus House |
| Newlands Road |
| Corsham |
| Wiltshire |
| SN13 0BH |
| HEALTH RECRUIT NETWORK LIMITED (REGISTERED NUMBER: 08866395) |
| BALANCE SHEET |
| 31 January 2020 |
| 31/1/20 | 31/1/19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| HEALTH RECRUIT NETWORK LIMITED (REGISTERED NUMBER: 08866395) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 January 2020 |
| 1. | STATUTORY INFORMATION |
| Health Recruit Network Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
| Going concern |
| The director has assessed whether the company is a going concern and has considered all available information about the future and is confident of the company's ability to continue as a going concern. |
| Turnover |
| Turnover represents net invoiced sales of services, excluding value added tax where applicable. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| HEALTH RECRUIT NETWORK LIMITED (REGISTERED NUMBER: 08866395) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 January 2020 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 February 2019 |
| Additions |
| At 31 January 2020 |
| DEPRECIATION |
| At 1 February 2019 |
| Charge for year |
| At 31 January 2020 |
| NET BOOK VALUE |
| At 31 January 2020 |
| At 31 January 2019 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/20 | 31/1/19 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/1/20 | 31/1/19 |
| £ | £ |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | SHARE-BASED PAYMENT TRANSACTIONS |
| Share options of 70,750 (2019: 96,875) are held during the year. |
| The options can only be exercised whilst the optionholder is employed, once notice of termination has been received the options can no longer be exercised. |
| 2020 | 2019 |
| No. | No. |
| Outstanding as at 1 February 2019 | 96,875 | - |
| Granted during the year | 10,375 | 96,875 |
| Forfeited during the year | - | - |
| Exercised | - | - |
| Expired during the year | 36,500 | - |
| Outstanding as at 31 January 2020 | 70,750 | 96,875 |
| Exercisable as at 31 January 2020 | 70,750 | 96,875 |