Abbreviated Company Accounts - INITIAL RECRUITMENT SERVICES LTD

Abbreviated Company Accounts - INITIAL RECRUITMENT SERVICES LTD

INITIAL RECRUITMENT SERVICES LTD - Company Information

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Registered Number 07071279

INITIAL RECRUITMENT SERVICES LTD

Abbreviated Accounts

31 March 2014

INITIAL RECRUITMENT SERVICES LTD Registered Number 07071279

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 34,033 41,456
34,033 41,456
Current assets
Debtors 661,863 549,828
Cash at bank and in hand 21,472 835
683,335 550,663
Creditors: amounts falling due within one year (576,553) (473,149)
Net current assets (liabilities) 106,782 77,514
Total assets less current liabilities 140,815 118,970
Creditors: amounts falling due after more than one year (18,691) (23,215)
Provisions for liabilities (2,977) (2,977)
Total net assets (liabilities) 119,147 92,778
Capital and reserves
Called up share capital 225 225
Share premium account 3,750 3,750
Profit and loss account 115,172 88,803
Shareholders' funds 119,147 92,778
  • For the year ending 31 March 2014 the company was entitled to exemption 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.

Approved by the Board on 29 December 2014

And signed on their behalf by:
JS Goatley, Director

INITIAL RECRUITMENT SERVICES LTD Registered Number 07071279

Notes to the Abbreviated Accounts for the period ended 31 March 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

2Tangible fixed assets
£
Cost
At 1 April 2013 55,958
Additions 6,566
Disposals -
Revaluations -
Transfers -
At 31 March 2014 62,524
Depreciation
At 1 April 2013 14,502
Charge for the year 13,989
On disposals -
At 31 March 2014 28,491
Net book values
At 31 March 2014 34,033
At 31 March 2013 41,456