REGISTERED NUMBER: 07850903 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2017

for

Executemps Recruitment Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A Lightburn

REGISTERED OFFICE:

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

REGISTERED NUMBER:

07850903 (England and Wales)

ACCOUNTANTS:

Inspire Chartered Accountants

6 Queens Court

Third Avenue

Team Valley

Gateshead

Tyne and Wear

NE11 0BU

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

20

827

20

827

CURRENT ASSETS

Debtors

7

33,857

22,148

Cash at bank

1,434

29,815

35,291

51,963

CREDITORS

Amounts falling due within one year

8

22,678

36,029

NET CURRENT ASSETS

12,613

15,934

TOTAL ASSETS LESS CURRENT LIABILITIES

12,633

16,761

CREDITORS

Amounts falling due after more than one year

9

11,105

15,209

NET ASSETS

1,528

1,552

CAPITAL AND RESERVES

Called up share capital

10

100

100

Retained earnings

1,428

1,452

SHAREHOLDERS' FUNDS

1,528

1,552

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 31 January 2018 and were signed by:

Mrs A Lightburn - Director

1.	STATUTORY INFORMATION

Executemps 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of four years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured

at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

20% on cost

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.

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.

Transition to frs 102

The entity transitioned from previous UK GAAP to FRS 102 as at 1st May 2015. Details of how FRS

102 has affected the reported financial position and financial performance is given in the notes to the

financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2016 - 2 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2016

and 30 April 2017

50,000

AMORTISATION

At 1 May 2016

and 30 April 2017

50,000

NET BOOK VALUE

At 30 April 2017

-

At 30 April 2016

-

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2016

and 30 April 2017

4,042

DEPRECIATION

At 1 May 2016

3,215

Charge for year

807

At 30 April 2017

4,022

NET BOOK VALUE

At 30 April 2017

20

At 30 April 2016

827

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Trade debtors

9,797

8,851

Other debtors

24,060

13,297

33,857

22,148

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.17

30.4.16

£

£

Taxation and social security

12,585

11,430

Other creditors

10,093

24,599

22,678

36,029

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.17

30.4.16

£

£

Other creditors

11,105

15,209

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.17

30.4.16

value:

£

£

100

Ordinary

£1

100

100

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2017 and

30 April 2016:

30.4.17

30.4.16

£

£

Mrs A Lightburn

Balance outstanding at start of year

13,297

-

Amounts advanced

24,060

13,297

Amounts repaid

(13,297

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

24,060

13,297

The director's loan account was repaid within nine months.

12.	TRANSITION TO FRS 102

These are the first financial statements that comply with FRS 102. The company transitioned to FRS

102 on 1st May 2015.

No transitional adjustments were required in equity or profit or loss for the year.