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Company Registration No. 14704361 (England and Wales)
M8 Consulting Ltd Unaudited accounts for the year ended 29 February 2024
M8 Consulting Ltd Unaudited accounts Contents
Page
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M8 Consulting Ltd Company Information for the year ended 29 February 2024
Director
Christopher Kearns
Company Number
14704361 (England and Wales)
Registered Office
Villa House 7 Herbert Terrace Penarth CF64 2AH
Accountants
Evans Entwistle Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of M8 Consulting Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of M8 Consulting Ltd for the year ended 29 February 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice Villa House 7 Herbert Terrace Penarth Vale of Glamorgan CF64 2AH 12 April 2024
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M8 Consulting Ltd Statement of financial position as at 29 February 2024
2024 
Notes
£ 
Current assets
Debtors
21,730 
Cash at bank and in hand
8,502 
30,232 
Creditors: amounts falling due within one year
(29,878)
Net current assets
354 
Net assets
354 
Capital and reserves
Called up share capital
1 
Profit and loss account
353 
Shareholders' funds
354 
For the year ending 29 February 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2024 and were signed on its behalf by
Christopher Kearns Director Company Registration No. 14704361
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M8 Consulting Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
M8 Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 14704361. The registered office is Villa House, 7 Herbert Terrace, Penarth, CF64 2AH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Christopher Kearns
Director's Loan
- 
16,246 
- 
16,247 
- 
16,246 
- 
16,247 
The balance represents an interest free loan that is repayable to the company upon demand.
5
Average number of employees
During the year the average number of employees was 0.
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