NB Recruitment Solutions Ltd - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08440959 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2017

for

NB RECRUITMENT SOLUTIONS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J M Noy-Bailey

K Bailey

H M E Bailey

REGISTERED OFFICE:

47 Lonsdale Road

London

SW13 9JR

REGISTERED NUMBER:

08440959 (England and Wales)

ACCOUNTANTS:

ANTHISTLE CRAVEN

Moreton House

31 High Street

Buckingham

Buckinghamshire

MK18 1NU

FIXED ASSETS

Tangible assets

4

1,116

1,375

CURRENT ASSETS

Debtors

5

4,783

7,618

Cash at bank

35,881

17,139

40,664

24,757

CREDITORS

Amounts falling due within one year

6

15,549

12,459

NET CURRENT ASSETS

25,115

12,298

TOTAL ASSETS LESS CURRENT LIABILITIES

26,231

13,673

PROVISIONS FOR LIABILITIES

212

275

NET ASSETS

26,019

13,398

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

25,519

12,898

SHAREHOLDERS' FUNDS

26,019

13,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 12 November 2017 and were signed on its behalf by:

Mrs J M Noy-Bailey - Director

K Bailey - Director

H M E Bailey - Director

1.	STATUTORY INFORMATION

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

Changes in accounting policies

These financial statements for the year ended 31 March 2017 are the first financial statements that comply with

FRS 102 Section 1A small entities. The date of transition is 1 April 2016.

The transition to FRS 102 Section 1A small entities has not resulted in any changes in accounting policies to

those used previously.

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.

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year 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 year 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.

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 3 .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2016

3,093

Additions

291

At 31 March 2017

3,384

DEPRECIATION

At 1 April 2016

1,718

Charge for year

550

At 31 March 2017

2,268

NET BOOK VALUE

At 31 March 2017

1,116

At 31 March 2016

1,375

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Trade debtors

4,783

7,618

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.17

31.3.16

£

£

Taxation and social security

9,243

7,436

Other creditors

6,306

5,023

15,549

12,459

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

An interest free loan from the director JM Noy-Bailey to the company subsisted at the 31st March 2017 of

£5,606.This amount is included in Creditors.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs J M Noy-Bailey.