RM RECRUIT LIMITED

RM RECRUIT LIMITED - Company Information

2022-04-012023-03-312023-03-31false11975048RM RECRUIT LIMITED2023-04-03iso4217:GBPxbrli:pure119750482022-04-01119750482023-03-31119750482022-04-012023-03-31119750482021-04-01119750482022-03-31119750482021-04-012022-03-3111975048bus:SmallEntities2022-04-012023-03-3111975048bus:AuditExempt-NoAccountantsReport2022-04-012023-03-3111975048bus:FullAccounts2022-04-012023-03-3111975048bus:PrivateLimitedCompanyLtd2022-04-012023-03-3111975048core:WithinOneYear2023-03-3111975048core:AfterOneYear2023-03-3111975048core:WithinOneYear2022-03-3111975048core:AfterOneYear2022-03-3111975048core:ShareCapital2023-03-3111975048core:SharePremium2023-03-3111975048core:RevaluationReserve2023-03-3111975048core:OtherReservesSubtotal2023-03-3111975048core:RetainedEarningsAccumulatedLosses2023-03-3111975048core:ShareCapital2022-03-3111975048core:SharePremium2022-03-3111975048core:RevaluationReserve2022-03-3111975048core:OtherReservesSubtotal2022-03-3111975048core:RetainedEarningsAccumulatedLosses2022-03-3111975048core:LandBuildings2023-03-3111975048core:PlantMachinery2023-03-3111975048core:Vehicles2023-03-3111975048core:FurnitureFittings2023-03-3111975048core:OfficeEquipment2023-03-3111975048core:NetGoodwill2023-03-3111975048core:IntangibleAssetsOtherThanGoodwill2023-03-3111975048core:ListedExchangeTraded2023-03-3111975048core:UnlistedNon-exchangeTraded2023-03-3111975048core:LandBuildings2022-03-3111975048core:PlantMachinery2022-03-3111975048core:Vehicles2022-03-3111975048core:FurnitureFittings2022-03-3111975048core:OfficeEquipment2022-03-3111975048core:NetGoodwill2022-03-3111975048core:IntangibleAssetsOtherThanGoodwill2022-03-3111975048core:ListedExchangeTraded2022-03-3111975048core:UnlistedNon-exchangeTraded2022-03-3111975048core:LandBuildings2022-04-012023-03-3111975048core:PlantMachinery2022-04-012023-03-3111975048core:Vehicles2022-04-012023-03-3111975048core:FurnitureFittings2022-04-012023-03-3111975048core:OfficeEquipment2022-04-012023-03-3111975048core:NetGoodwill2022-04-012023-03-3111975048core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111975048core:ListedExchangeTraded2022-04-012023-03-3111975048core:UnlistedNon-exchangeTraded2022-04-012023-03-3111975048core:MoreThanFiveYears2022-04-012023-03-3111975048core:Non-currentFinancialInstruments2023-03-3111975048core:Non-currentFinancialInstruments2022-03-3111975048dpl:CostSales2022-04-012023-03-3111975048dpl:DistributionCosts2022-04-012023-03-3111975048dpl:AdministrativeExpenses2022-04-012023-03-3111975048core:LandBuildings2022-04-012023-03-3111975048core:PlantMachinery2022-04-012023-03-3111975048core:Vehicles2022-04-012023-03-3111975048core:FurnitureFittings2022-04-012023-03-3111975048core:OfficeEquipment2022-04-012023-03-3111975048core:NetGoodwill2022-04-012023-03-3111975048core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3111975048dpl:GroupUndertakings2022-04-012023-03-3111975048dpl:ParticipatingInterests2022-04-012023-03-3111975048dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3111975048core:ListedExchangeTraded2022-04-012023-03-3111975048dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3111975048core:UnlistedNon-exchangeTraded2022-04-012023-03-3111975048dpl:CostSales2021-04-012022-03-3111975048dpl:DistributionCosts2021-04-012022-03-3111975048dpl:AdministrativeExpenses2021-04-012022-03-3111975048core:LandBuildings2021-04-012022-03-3111975048core:PlantMachinery2021-04-012022-03-3111975048core:Vehicles2021-04-012022-03-3111975048core:FurnitureFittings2021-04-012022-03-3111975048core:OfficeEquipment2021-04-012022-03-3111975048core:NetGoodwill2021-04-012022-03-3111975048core:IntangibleAssetsOtherThanGoodwill2021-04-012022-03-3111975048dpl:GroupUndertakings2021-04-012022-03-3111975048dpl:ParticipatingInterests2021-04-012022-03-3111975048dpl:GroupUndertakingscore:ListedExchangeTraded2021-04-012022-03-3111975048core:ListedExchangeTraded2021-04-012022-03-3111975048dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-04-012022-03-3111975048core:UnlistedNon-exchangeTraded2021-04-012022-03-3111975048core:NetGoodwill2023-03-3111975048core:IntangibleAssetsOtherThanGoodwill2023-03-3111975048core:LandBuildings2023-03-3111975048core:PlantMachinery2023-03-3111975048core:Vehicles2023-03-3111975048core:FurnitureFittings2023-03-3111975048core:OfficeEquipment2023-03-3111975048core:AfterOneYear2023-03-3111975048core:WithinOneYear2023-03-3111975048core:ListedExchangeTraded2023-03-3111975048core:UnlistedNon-exchangeTraded2023-03-3111975048core:ShareCapital2023-03-3111975048core:SharePremium2023-03-3111975048core:RevaluationReserve2023-03-3111975048core:OtherReservesSubtotal2023-03-3111975048core:RetainedEarningsAccumulatedLosses2023-03-3111975048core:NetGoodwill2022-03-3111975048core:IntangibleAssetsOtherThanGoodwill2022-03-3111975048core:LandBuildings2022-03-3111975048core:PlantMachinery2022-03-3111975048core:Vehicles2022-03-3111975048core:FurnitureFittings2022-03-3111975048core:OfficeEquipment2022-03-3111975048core:AfterOneYear2022-03-3111975048core:WithinOneYear2022-03-3111975048core:ListedExch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RM RECRUIT LIMITED

Registered Number
11975048
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2023

RM RECRUIT LIMITED

Company Information
for the year from 1 April 2022 to 31 March 2023


Directors	MULLHI, Gurinder
	ROBINSON, Paul


Registered Address	Front Suite 1st Floor Charles House
	148 -149 Great Charles Street
	Birmingham
	B3 3HT


Registered Number	11975048 (England and Wales)

RM RECRUIT LIMITED

Balance Sheet as at
31 March 2023

	Notes	2023		2022
		£	£	£	£
Fixed assets
Tangible assets	7		1,184		1,963
			1,184		1,963
Current assets
Debtors	8	44,124		75,984
Cash at bank and on hand		185,926		113,414
		230,050		189,398
Creditors amounts falling due within one year	9	(64,074)		(97,849)
Net current assets (liabilities)			165,976		91,549
Total assets less current liabilities			167,160		93,512
Creditors amounts falling due after one year	10		(53)		-
Provisions for liabilities	11		(225)		(373)
Net assets			166,882		93,139
Capital and reserves
Called up share capital			100		100
Profit and loss account			166,782		93,039
Shareholders' funds			166,882		93,139

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The directors have chosen to not file a copy of the company’s profit and loss account.

The financial statements were approved and authorised for issue by the Board of Directors on 3 April 2023, and are signed on its behalf by:

MULLHI, Gurinder
Director
Registered Company No. 11975048

RM RECRUIT LIMITED

Notes to the Financial Statements
for the year ended 31 March 2023

1.	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Compliance with applicable reporting framework
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

3.	Principal activities
	The company provides temporary and permanent recruitment services, principally in the finance function, for businesses predominantly located in the West Midlands

4.	Basis of measurement used in financial statements
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

5.	Accounting policies

	Functional and presentation currency policy
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Property, plant and equipment policy


		Straight line (years)
	Office Equipment	3

	Taxation policy
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax policy
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax policy

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation and operations policy
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation and operations policy

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Employee benefits policy
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Going concern
	These accounts have been prepared on the basis that the business is a going concern and the Directors consider this appropriate given the current trading performance and their future plans and expectations

6.	Employee information


		2023		2022
	Average number of employees during the year	16		11

7.	Property, plant and equipment

	Office Equipment	Total
	£	£
Cost or valuation
At 01 April 22	2,336	2,336
At 31 March 23	2,336	2,336
Depreciation and impairment
At 01 April 22	373	373
Charge for year	779	779
At 31 March 23	1,152	1,152
Net book value
At 31 March 23	1,184	1,184
At 31 March 22	1,963	1,963

8.	Debtors

	2023	2022
	£	£
Trade debtors / trade receivables	44,113	71,445
Other debtors	-	4,539
Other debtors (Non-current)	11	-
Total	44,124	75,984


	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

9.	Creditors within one year

	2023	2022
	£	£
Taxation and social security	63,239	92,391
Other creditors	598	526
Accrued liabilities and deferred income	237	4,932
Total	64,074	97,849


	Short term creditors are measured at transaction price (which is usually the invoice price).

10.	Creditors after one year

	2023	2022
	£	£
Other creditors	53	-
Total	53	-

11.	Provisions for liabilities
	Full provision is made for known liabilities not accounted for elsewhere at the balance sheet date.

	2023	2022
	£	£
Net deferred tax liability (asset)	225	373
Total	225	373