Aspen Recruitment Partners Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 07554556 (England and Wales)

ASPEN RECRUITMENT PARTNERS LIMITED

ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 31 MARCH 2016

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

A Mountney

Mrs L Mountney

SECRETARY:

Miss S Hayes

REGISTERED OFFICE:

3 Lyttleton Court

Birmingham Street

Halesowen

West Midlands

B63 3HN

REGISTERED NUMBER:

07554556 (England and Wales)

ACCOUNTANTS:

CUTTER & CO LTD

CHARTERED ACCOUNTANTS

3 Lyttleton Court

Birmingham Street

Halesowen

West Midlands

B63 3HN

FIXED ASSETS

Tangible assets

2

1,240

1,460

CURRENT ASSETS

Stocks

10,400

12,765

Debtors

12,906

19,181

Cash at bank

48,065

-

71,371

31,946

CREDITORS

Amounts falling due within one year

41,937

27,518

NET CURRENT ASSETS

29,434

4,428

TOTAL ASSETS LESS CURRENT
LIABILITIES

30,674

5,888

CAPITAL AND RESERVES

Called up share capital

3

2

Profit and loss account

30,672

5,886

SHAREHOLDERS' FUNDS

30,674

5,888

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 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 1 September 2016 and were signed on its behalf
by:

A Mountney - 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 January 2015).

Turnover

Turnover represents the revenue recognised by the company in respect of the provision of recruitment services

excluding value added tax. Work in progress is recognised within turnover as all completed yet un-billed work

at the balance sheet date.

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

-

33% on reducing balance

Computer and office equipment

-

25% on reducing balance

Deferred tax

The company provides for deferred taxation using the liability method in respect of all timing differences which

are expected to reverse in the foreseeable future. No Provision has been made, as in the opinion of the directors

no liability will arise in the foreseeable future.

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 April 2015

2,684

Additions

799

Disposals

(1,066

)

At 31 March 2016

2,417

DEPRECIATION

At 1 April 2015

1,224

Charge for year

419

Eliminated on disposal

(466

)

At 31 March 2016

1,177

NET BOOK VALUE

At 31 March 2016

1,240

At 31 March 2015

1,460

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2016

2015

value:

£

2

Ordinary

£1.00

2