Company No:
Contents
DIRECTOR | Paul Hollingworth |
REGISTERED OFFICE | The Moat House |
7 Hereford Road | |
Monmouth | |
NP25 3PB | |
Wales | |
United Kingdom |
COMPANY NUMBER | 12494502 (England and Wales) |
ACCOUNTANT | Jones & Co limited |
Wellington House | |
Aviator Court | |
York | |
YO30 4UZ | |
United Kingdom |
Note | 31.01.2024 | 31.03.2023 | ||
£ | £ | |||
Fixed assets | ||||
Intangible assets | 3 |
|
|
|
Tangible assets | 4 |
|
|
|
0 | 40,560 | |||
Current assets | ||||
Cash at bank and in hand | 5 |
|
|
|
825 | 16,818 | |||
Creditors: amounts falling due within one year | 6 | (
|
(
|
|
Net current liabilities | (22,263) | (21,838) | ||
Total assets less current liabilities | (22,263) | 18,722 | ||
Net (liabilities)/assets | (
|
|
||
Capital and reserves | ||||
Called-up share capital | 7 |
|
|
|
Profit and loss account | (
|
|
||
Total shareholder's (deficit)/funds | (
|
|
Director's responsibilities:
The financial statements of 4GM Consulting Limited (registered number:
Paul Hollingworth
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial year, unless otherwise stated.
4GM Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is The Moat House, 7 Hereford Road, Monmouth, NP25 3PB, Wales, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
In 2023 the director made the decision that the Company would cease trading . As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The director has included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.
Reporting period length for 2024 has been shorten to 10 months, following the change in year-end from March 2024 to January 2024. As such, the comparatives in the financial statements are not entirely comparable.
Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Other intangible assets |
|
Computer equipment |
|
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.
Period from 01.04.2023 to 31.01.2024 |
Year ended 31.03.2023 |
||
Number | Number | ||
Monthly average number of persons employed by the Company during the period, including the director |
|
|
Other intangible assets | Total | ||
£ | £ | ||
Cost | |||
At 01 April 2023 |
|
|
|
Disposals | (
|
(
|
|
At 31 January 2024 |
|
|
|
Accumulated amortisation | |||
At 01 April 2023 |
|
|
|
Disposals | (
|
(
|
|
At 31 January 2024 |
|
|
|
Net book value | |||
At 31 January 2024 |
|
|
|
At 31 March 2023 |
|
|
Computer equipment | Total | ||
£ | £ | ||
Cost | |||
At 01 April 2023 |
|
|
|
Additions |
|
|
|
Disposals | (
|
(
|
|
At 31 January 2024 |
|
|
|
Accumulated depreciation | |||
At 01 April 2023 |
|
|
|
Disposals | (
|
(
|
|
At 31 January 2024 |
|
|
|
Net book value | |||
At 31 January 2024 |
|
|
|
At 31 March 2023 |
|
|
31.01.2024 | 31.03.2023 | ||
£ | £ | ||
Cash at bank and in hand |
|
|
31.01.2024 | 31.03.2023 | ||
£ | £ | ||
Taxation and social security |
|
|
|
Other creditors |
|
|
|
|
|
31.01.2024 | 31.03.2023 | ||
£ | £ | ||
Allotted, called-up and fully-paid | |||
|
|
|