J&J Recruitment Solutions Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07982685 (England and Wales)

J&J RECRUITMENT SOLUTIONS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P W Connelly

P B Johnson

REGISTERED OFFICE:

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

REGISTERED NUMBER:

07982685 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur’s Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

8,026

10,701

8,026

10,701

CURRENT ASSETS

Debtors

6

494,562

415,622

Cash at bank and in hand

63,517

54,448

558,079

470,070

CREDITORS

Amounts falling due within one year

7

423,029

433,595

NET CURRENT ASSETS

135,050

36,475

TOTAL ASSETS LESS CURRENT LIABILITIES

143,076

47,176

CREDITORS

Amounts falling due after more than one year

8

142,879

45,833

NET ASSETS

197

1,343

CAPITAL AND RESERVES

Called up share capital

9

15

15

Retained earnings

182

1,328

SHAREHOLDERS' FUNDS

197

1,343

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2021 and were signed on its behalf by:

P W Connelly - Director

P B Johnson - Director

1.	STATUTORY INFORMATION

J&J Recruitment Solutions 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of one years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 80 (2020 - 85 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2020

and 30 September 2021

20,000

AMORTISATION

At 1 October 2020

and 30 September 2021

20,000

NET BOOK VALUE

At 30 September 2021

-

At 30 September 2020

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 October 2020

and 30 September 2021

22,323

13,437

35,760

DEPRECIATION

At 1 October 2020

16,686

8,373

25,059

Charge for year

1,409

1,266

2,675

At 30 September 2021

18,095

9,639

27,734

NET BOOK VALUE

At 30 September 2021

4,228

3,798

8,026

At 30 September 2020

5,637

5,064

10,701

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade debtors

247,251

221,138

Other debtors

247,311

194,484

494,562

415,622

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

49,082

4,167

Taxation and social security

98,857

112,602

Other creditors

275,090

316,826

423,029

433,595

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

142,879

45,833

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

15

Ordinary

£1

15

15

10.	ULTIMATE CONTROLLING PARTY

The controlling party is the directors of the company, who hold 100% of the share capital.