| Pollen Recruitment Limited |
| Registered number: |
09539611 |
| Balance Sheet |
| as at 30 April 2017 |
|
|
Notes |
|
|
2017 |
|
|
2016 |
|
|
|
|
£ |
|
|
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,068 |
|
|
1,424 |
|
| Current assets |
| Debtors |
4 |
|
69,257 |
|
|
26,376 |
| Cash at bank and in hand |
|
|
84,994 |
|
|
66,186 |
|
|
|
154,251 |
|
|
92,562 |
|
| Creditors: amounts falling due within one year |
5 |
|
(73,006) |
|
|
(37,150) |
|
|
|
|
|
|
|
| Net current assets |
|
|
|
81,245 |
|
|
55,412 |
|
| Net assets |
|
|
|
82,313 |
|
|
56,836 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Profit and loss account |
|
|
|
82,311 |
|
|
56,834 |
|
| Shareholders' funds |
|
|
|
82,313 |
|
|
56,836 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Bridget Dilley |
| Director |
| Approved by the board on 30 November 2017 |
|
| Pollen Recruitment Limited |
| Notes to the Accounts |
| for the year ended 30 April 2017 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
These financial statements for the year ended 30th April 2017 are the first financial statements that comply with FRS102 Section 1A small entities. The date of transition is 1 May 2015.
The transition to FRS 102 Section 1A small entities has not resulted in any changes to accounting policies to those used previously.
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.
The presentation currency is £ sterling. |
|
|
Revenue Recognition |
|
Revenue is recognised when services have been provided to customers such that risks and rewards of ownership have transferred to them. It is valued at the consideration receivable net of VAT. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. |
|
|
|
Leased assets |
|
Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
The company pays contributions into the directors' personal pension scheme. Contributions are charged to the profit and loss account as they become payable. |
|
|
| 2 |
Employees |
2017 |
|
2016 |
|
|
|
|
|
|
Number |
|
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
Plant and machinery etc |
|
|
|
|
|
|
£ |
|
Cost |
|
At 1 May 2016 |
1,780 |
|
At 30 April 2017 |
1,780 |
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 May 2016 |
356 |
|
Charge for the year |
356 |
|
At 30 April 2017 |
712 |
|
|
|
|
|
|
|
|
Net book value |
|
At 30 April 2017 |
1,068 |
|
At 30 April 2016 |
1,424 |
|
|
| 4 |
Debtors |
2017 |
|
2016 |
|
|
|
|
|
|
£ |
|
£ |
|
|
Trade debtors |
69,257 |
|
26,376 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2017 |
|
2016 |
|
|
|
|
|
|
£ |
|
£ |
|
|
Taxation and social security costs |
54,203 |
|
26,866 |
|
Other creditors |
18,803 |
|
10,284 |
|
|
|
|
|
|
73,006 |
|
37,150 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other financial commitments |
2017 |
|
2016 |
|
|
|
|
|
|
£ |
|
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
- |
|
- |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
Dividends totalling £50,000 each were paid to Bridget Dilley and Stephanie Fairbank in their capicity as shareholders.
Included in others creditors is £436 payable to Bridget Dilley (2016: £4,569) and £1,367 payable to Stephanie Fairbank (2016: £4,615) both of whom are directors and shareholders of the company. |
|
| 8 |
Other information |
|
|
Pollen Recruitment Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Yew Tree House |
|
High Street, Kemsing |
|
Sevenoaks |
|
Kent |
|
TN15 6NB |
