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Company Registration No. 05645644 (England and Wales)
KMagill Consulting Limited Unaudited accounts for the year ended 31 December 2023
KMagill Consulting Limited Unaudited accounts Contents
Page
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KMagill Consulting Limited Company Information for the year ended 31 December 2023
Director
Katharine Jane Magill
Company Number
05645644 (England and Wales)
Registered Office
8 Wychwood Close Bishops Tachbrook Leamington Spa CV33 9QU
Accountants
E A Fitzgibbon 12 Church Lane Ipstones Stoke-on-Trent ST10 2LD
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KMagill Consulting Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
227 
340 
Current assets
Debtors
25,704 
25,704 
Cash at bank and in hand
4,182 
31,052 
29,886 
56,756 
Creditors: amounts falling due within one year
(2,329)
(19,108)
Net current assets
27,557 
37,648 
Net assets
27,784 
37,988 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
27,783 
37,987 
Shareholders' funds
27,784 
37,988 
For the year ending 31 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 30 June 2024 and were signed on its behalf by
Katharine Jane Magill Director Company Registration No. 05645644
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KMagill Consulting Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
KMagill Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 05645644. The registered office is 8 Wychwood Close, Bishops Tachbrook, Leamington Spa, CV33 9QU.
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 remained unchanged from the previous year, and also 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2023
3,639 
At 31 December 2023
3,639 
Depreciation
At 1 January 2023
3,299 
Charge for the year
113 
At 31 December 2023
3,412 
Net book value
At 31 December 2023
227 
At 31 December 2022
340 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
25,704 
25,704 
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KMagill Consulting Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Loans from directors
1,744 
18,433 
Accruals
585 
675 
2,329 
19,108 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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