2022-10-01 09781880 2023-09-30 09781880 2022-10-01 2023-09-30 09781880 2022-09-30 09781880 2021-10-01 2022-09-30 09781880 uk-core:WithinOneYear 2022-09-30 09781880 uk-core:WithinOneYear 2023-09-30 09781880 uk-core:ShareCapital 2023-09-30 09781880 uk-core:ShareCapital 2022-09-30 09781880 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 09781880 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 09781880 uk-bus:Director1 2022-10-01 2023-09-30 09781880 uk-core:ComputerEquipment 2022-10-01 2023-09-30 09781880 uk-core:FurnitureFittings 2022-10-01 2023-09-30 09781880 uk-core:ComputerEquipment 2022-09-30 09781880 uk-core:FurnitureFittings 2022-09-30 09781880 uk-core:FurnitureFittings 2023-09-30 09781880 uk-core:ComputerEquipment 2023-09-30 iso4217:GBP xbrli:pure 09781880 uk-bus:AuditExempt-NoAccountantsReport 2022-10-01 2023-09-30 09781880 uk-bus:FRS102 2022-10-01 2023-09-30 09781880 uk-bus:FullAccounts 2022-10-01 2023-09-30 09781880 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
KLM ACCOUNTANCY LTD
Registered Number:09781880
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
Registered Number :
09781880
As at 30 September 2023
KLM ACCOUNTANCY LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
931
1,077
2
931
1,077
Current assets
Trade and other receivables
4,459
9,131
3
256,444
Cash and cash equivalents
315,494
324,625
260,903
Trade and other payables: amounts falling due within one
year
(16,860)
(23,926)
4
244,043
300,699
Net current assets
Total assets less current liabilities
301,630
245,120
(177)
(205)
Provisions for liabilities
301,453
Net assets
244,915
Capital and reserves
Called up share capital
1
1
Retained earnings
301,452
244,914
301,453
244,915
Shareholders' funds
For the year ended 30 September 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Kenneth David Pritchard Director
These financial statements were approved and authorised for issue by the Board on 26 October 2023 and were signed by:
The notes form part of these financial statements
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For the year ended 30 September 2023
KLM ACCOUNTANCY LTD
Notes to the Financial Statements
Statutory Information
KLM ACCOUNTANCY LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09781880.
Registered address:
Jaguar House
Cecil Street
Birmingham
B19 3ST
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
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For the year ended 30 September 2023
KLM ACCOUNTANCY LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 October 2022
2,892
2,485
407
164
164
-
Additions
At 30 September 2023
407
2,649
3,056
Provision for depreciation and impairment
At 01 October 2022
1,815
1,489
326
Charge for year
310
290
20
At 30 September 2023
2,125
1,779
346
At 30 September 2023
Net book value
61
870
931
At 30 September 2022
81
996
1,077
3. Trade and other receivables
2022
2023
£
£
Trade debtors
8,704
4,459
Amounts owed by directors
427
-
4,459
9,131
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
2,124
1,846
Taxation and social security
21,802
14,803
Directors' loan accounts
-
211
23,926
16,860
5. Related party transactions
The ultimate controlling party during the year was Kenneth Pritchard , director , whom controls the company by
virtue of owning 100% of the share capital.
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 3)
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