Sable & Proctor Recruitment Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10307978 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2021

for

Sable & Proctor Recruitment Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L A Buttrick

D P Stead

REGISTERED OFFICE:

The Barracks Business Centre Ltd

Wakefield Road

Pontefract

West Yorkshire

WF8 4HH

REGISTERED NUMBER:

10307978 (England and Wales)

ACCOUNTANTS:

Aviso Business Services Limited

1 Widcombe Street

Poundbury

Dorchester

Dorset

DT1 3BS

FIXED ASSETS

Tangible assets

4

399

711

CURRENT ASSETS

Debtors

5

86,686

40,632

Cash at bank

566

5,111

87,252

45,743

CREDITORS

Amounts falling due within one year

6

47,773

11,354

NET CURRENT ASSETS

39,479

34,389

TOTAL ASSETS LESS CURRENT LIABILITIES

39,878

35,100

CREDITORS

Amounts falling due after more than one year

7

39,778

35,000

NET ASSETS

100

100

CAPITAL AND RESERVES

Called up share capital

100

100

100

100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2021 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 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.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2022 and were signed on its behalf by:

L A Buttrick - Director

D P Stead - Director

1.	STATUTORY INFORMATION

Sable & Proctor Recruitment Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided for on a straight line basis over an estimated useful life of 3 years, assuming no residual value.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2020

and 31 July 2021

2,035

DEPRECIATION

At 1 August 2020

1,324

Charge for year

312

At 31 July 2021

1,636

NET BOOK VALUE

At 31 July 2021

399

At 31 July 2020

711

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Trade debtors

28,539

567

Other debtors

58,147

40,065

86,686

40,632

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.21

31.7.20

£

£

Bank loans and overdrafts

14,622

-

Trade creditors

587

67

Taxation and social security

21,682

7,808

Other creditors

10,882

3,479

47,773

11,354

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.21

31.7.20

£

£

Bank loans

39,778

35,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

-

35,000

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.21

31.7.20

£

£

Secured debt

14,622

-

The factoring company holds a debenture as security against the balance, with full guarantee by way of fixed charge over all specific book debts and floating charge over any other assets.