Red Door Recruitment Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05949809 (England and Wales)

Unaudited Financial Statements

for the Period 1 April 2020 to 31 December 2020

for

Red Door Recruitment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

L M Wynne

SECRETARY:

L M Wynne

REGISTERED OFFICE:

16 Chequer Street

St Albans

Hertfordshire

AL1 3YD

REGISTERED NUMBER:

05949809 (England and Wales)

ACCOUNTANTS:

Roy Pinnock & Co LLP

Chartered Certified Accountants

Wren House

68 London Road

St Albans

Hertfordshire

AL1 1NG

FIXED ASSETS

Tangible assets

4

9,756

11,065

CURRENT ASSETS

Debtors

5

768,312

628,033

Cash at bank and in hand

333,548

541,119

1,101,860

1,169,152

CREDITORS

Amounts falling due within one year

6

87,666

177,342

NET CURRENT ASSETS

1,014,194

991,810

TOTAL ASSETS LESS CURRENT LIABILITIES

1,023,950

1,002,875

PROVISIONS FOR LIABILITIES

1,854

2,103

NET ASSETS

1,022,096

1,000,772

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,022,094

1,000,770

SHAREHOLDERS' FUNDS

1,022,096

1,000,772

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 20 September 2021 and were signed by:

L M Wynne - Director

1.	STATUTORY INFORMATION

Red Door Recruitment Limited 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 at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 44 (2020 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2020

and 31 December 2020

8,412

20,866

7,184

36,462

DEPRECIATION

At 1 April 2020

-

20,399

4,998

25,397

Charge for period

-

350

959

1,309

At 31 December 2020

-

20,749

5,957

26,706

NET BOOK VALUE

At 31 December 2020

8,412

117

1,227

9,756

At 31 March 2020

8,412

467

2,186

11,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.3.20

£

£

Trade debtors

75,268

153,973

Other debtors

693,044

474,060

768,312

628,033

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.20

31.3.20

£

£

Trade creditors

14,145

-

Taxation and social security

70,135

169,860

Other creditors

3,386

7,482

87,666

177,342

7.	RELATED PARTY DISCLOSURES