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Company No: 09075270 (England and Wales)

KCG AUDIT LIMITED

Unaudited Financial Statements
For the financial year ended 31 July 2023
Pages for filing with the registrar

KCG AUDIT LIMITED

Unaudited Financial Statements

For the financial year ended 31 July 2023

Contents

KCG AUDIT LIMITED

COMPANY INFORMATION

For the financial year ended 31 July 2023
KCG AUDIT LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 31 July 2023
DIRECTORS Mr Robert Ewing
Mr Trevor Hall
Mr Philip Harding
Mr Alan Lees
Mr Kevin Andrew Porter
Mr Francis John Richardson
REGISTERED OFFICE 7 Bell Yard
London
WC2A 2JR
England
United Kingdom
COMPANY NUMBER 09075270 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
KCG AUDIT LIMITED

BALANCE SHEET

As at 31 July 2023
KCG AUDIT LIMITED

BALANCE SHEET (continued)

As at 31 July 2023
Note 2023 2022
£ £
Current assets
Debtors 3 123,005 40,327
Cash at bank and in hand 325,699 358,630
448,704 398,957
Creditors: amounts falling due within one year 4 ( 136,170) ( 146,516)
Net current assets 312,534 252,441
Total assets less current liabilities 312,534 252,441
Creditors: amounts falling due after more than one year 5 ( 66,000) ( 77,000)
Net assets 246,534 175,441
Capital and reserves
Called-up share capital 0 0
Other reserves 312,108 241,015
Profit and loss account ( 65,574 ) ( 65,574 )
Total shareholders' funds 246,534 175,441

For the financial year ending 31 July 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of KCG Audit Limited (registered number: 09075270) were approved and authorised for issue by the Board of Directors on 11 April 2024. They were signed on its behalf by:

Mr Alan Lees
Director
Mr Philip Harding
Director
KCG AUDIT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
KCG AUDIT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 July 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

KCG Audit Limited (the Company) is a private company, limited by guarantee, 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 7 Bell Yard, London, WC2A 2JR, England, 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 £.

Turnover

Turnover comprises the fair value of the consideration received or receivable from provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
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.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 10 10

3. Debtors

2023 2022
£ £
Trade debtors 111,489 31,626
Other debtors 11,516 8,701
123,005 40,327

4. Creditors: amounts falling due within one year

2023 2022
£ £
Other loans 11,000 11,000
Accruals 58,701 1,267
Taxation and social security 58,875 50,219
Other creditors 7,594 84,030
136,170 146,516

5. Creditors: amounts falling due after more than one year

2023 2022
£ £
Other creditors 66,000 77,000

There are no amounts included above in respect of which any security has been given by the company.