Class One Recruitment Services Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 05622772 (England and Wales)

Class One Recruitment Services Limited

Abbreviated Accounts

for the Year Ended 30 November 2014

Page

Company Information

1

Abbreviated Balance Sheet

2

to

3

Notes to the Abbreviated Accounts

4

to

5

Chartered Certified Accountants' Report

6

DIRECTORS:

C T Sylvester

N A J Adey

SECRETARY:

Mrs W J Sylvester

REGISTERED OFFICE:

c/o MAS Associates

Spear House

Cobbett Road

Burntwood

Staffordshire

WS7 3GL

REGISTERED NUMBER:

05622772 (England and Wales)

ACCOUNTANTS:

MAS Associates

Chartered Certified Accountants

Spear House

Cobbett Road

Burntwood

Staffordshire

WS7 3GL

FIXED ASSETS

Tangible assets

2

18,358

11,198

CURRENT ASSETS

Debtors

105,528

94,365

Cash at bank

86,645

59,224

192,173

153,589

CREDITORS

Amounts falling due within one year

149,500

117,954

NET CURRENT ASSETS

42,673

35,635

TOTAL ASSETS LESS CURRENT LIABILITIES

61,031

46,833

PROVISIONS FOR LIABILITIES

3,672

2,240

NET ASSETS

57,359

44,593

CAPITAL AND RESERVES

Called up share capital

3

100

100

Profit and loss account

57,259

44,493

SHAREHOLDERS' FUNDS

57,359

44,593

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2014 in accordance with Section 476 of the Companies Act 2006.

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.

The abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 28 May 2015 and were signed on its behalf by:

C T Sylvester - Director

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 April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

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.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 December 2013

18,791

Additions

10,200

At 30 November 2014

28,991

DEPRECIATION

At 1 December 2013

7,593

Charge for year

3,040

At 30 November 2014

10,633

NET BOOK VALUE

At 30 November 2014

18,358

At 30 November 2013

11,198

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

100

Ordinary

£1

100

100

4.	RELATED PARTY DISCLOSURES

During the year, total dividends of £35,640 (2013 - £94,939) were paid to the directors .

The following reproduces the text of the report prepared for the directors in respect of the

company's annual unaudited financial statements, from which the unaudited abbreviated

accounts (set out on pages two to five) have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your

approval the financial statements of Class One Recruitment Services Limited for the year ended

30 November 2014 which comprise the Profit and Loss Account, the Balance Sheet, and the related notes

from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the Board of Directors of Class One Recruitment Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Class One Recruitment Services Limited and state those matters that we have agreed to state to the Board of Directors of Class One Recruitment Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Class One Recruitment Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Class One Recruitment Services Limited. You consider that Class One Recruitment Services Limited 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 financial statements of Class One

Recruitment Services Limited. 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 financial statements.

MAS Associates

Chartered Certified Accountants

Spear House

Cobbett Road

Burntwood

Staffordshire

WS7 3GL

28 May 2015