Red Door Recruitment Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05949809 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Red Door Recruitment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

L M Wynne

SECRETARY:

L M Wynne

REGISTERED OFFICE:

16 Chequer Street

St Albans

Hertfordshire

AL1 3YD

REGISTERED NUMBER:

05949809 (England and Wales)

ACCOUNTANTS:

Roy Pinnock & Co LLP

Chartered Accountants

Wren House

68 London Road

St Albans

Hertfordshire

AL1 1NG

FIXED ASSETS

Tangible assets

4

13,219

12,073

CURRENT ASSETS

Debtors

5

182,322

199,505

Cash at bank

631,775

431,328

814,097

630,833

CREDITORS

Amounts falling due within one year

6

117,863

127,523

NET CURRENT ASSETS

696,234

503,310

TOTAL ASSETS LESS CURRENT LIABILITIES

709,453

515,383

PROVISIONS FOR LIABILITIES

2,512

2,498

NET ASSETS

706,941

512,885

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

706,939

512,883

SHAREHOLDERS' FUNDS

706,941

512,885

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 9 July 2018 and were signed by:

L M Wynne - Director

1.	STATUTORY INFORMATION

Red Door Recruitment Limited 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.

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.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

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 9 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2017

8,412

19,001

2,070

29,483

Additions

-

1,865

1,483

3,348

At 31 March 2018

8,412

20,866

3,553

32,831

DEPRECIATION

At 1 April 2017

-

16,893

517

17,410

Charge for year

-

1,313

889

2,202

At 31 March 2018

-

18,206

1,406

19,612

NET BOOK VALUE

At 31 March 2018

8,412

2,660

2,147

13,219

At 31 March 2017

8,412

2,108

1,553

12,073

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

125,632

118,560

Other debtors

56,690

80,945

182,322

199,505

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade creditors

1

1

Taxation and social security

115,742

121,078

Other creditors

2,120

6,444

117,863

127,523

7.	RELATED PARTY DISCLOSURES

During the year, total dividends of £57,562 were paid to the director .

At the balance sheet date the company was owed £56,690 (2017: £56,690) by LMW Properties Limited. L

Wynne is a director of LMW Properties Limited and owns 100% of the issued shares.