Paul Charles Recruitment Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04153466 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

PAUL CHARLES RECRUITMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S L Hilsum

REGISTERED OFFICE:

61 Station Road

Sudbury

Suffolk

CO10 2SP

REGISTERED NUMBER:

04153466 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

1,219

Tangible assets

4

4,204

CURRENT ASSETS

25,616

Debtors

5

23,271

1,758

Cash at bank

2,139

27,374

25,410

CREDITORS

20,658

Amounts falling due within one year

6

23,087

6,716

NET CURRENT ASSETS

2,323

7,935

TOTAL ASSETS LESS CURRENT LIABILITIES

6,527

CREDITORS

5,332

Amounts falling due after more than one year

7

5,064

2,603

NET ASSETS

1,463

CAPITAL AND RESERVES

100

Called up share capital

100

1,132

Revaluation reserve

8

906

1,371

Retained earnings

457

2,603

SHAREHOLDERS' FUNDS

1,463

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 his 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 7 November 2018 and were signed by:

S L Hilsum - Director

1.	STATUTORY INFORMATION

Paul Charles 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts invoiced for services provided, net of value added tax.

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

-

20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

Totals

property

equipment

£

£

£

COST OR VALUATION

At 1 April 2017

3,420

-

3,420

Additions

3,500

2,500

1,000

At 31 March 2018

6,920

2,500

4,420

DEPRECIATION

At 1 April 2017

2,201

-

2,201

Charge for year

515

-

515

At 31 March 2018

2,716

-

2,716

NET BOOK VALUE

At 31 March 2018

4,204

2,500

1,704

At 31 March 2017

1,219

-

1,219

Cost or valuation at 31 March 2018 is represented by:

Freehold

Computer

Totals

property

equipment

£

£

£

Valuation in 2017

1,130

-

1,130

Cost

5,790

2,500

3,290

6,920

2,500

4,420

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Trade debtors

-

6,958

Other debtors

23,271

18,658

23,271

25,616

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans and overdrafts

8,811

5,594

Trade creditors

-

339

Taxation and social security

4,909

4,041

Other creditors

9,367

10,684

23,087

20,658

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.18

31.3.17

£

£

Bank loans

5,064

5,332

8.

RESERVES

Revaluation

reserve

£

At 1 April 2017

1,132

Depreciation charge

(226

)

At 31 March 2018

906