IRIS Accounts Production v24.1.0.578 11266258 director 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112662582023-03-31112662582024-03-31112662582023-04-012024-03-31112662582022-03-31112662582022-04-012023-03-31112662582023-03-3111266258ns15:EnglandWales2023-04-012024-03-3111266258ns14:PoundSterling2023-04-012024-03-3111266258ns10:Director12023-04-012024-03-3111266258ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111266258ns10:SmallEntities2023-04-012024-03-3111266258ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111266258ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111266258ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111266258ns10:FullAccounts2023-04-012024-03-3111266258ns10:RegisteredOffice2023-04-012024-03-3111266258ns5:CurrentFinancialInstruments2024-03-3111266258ns5:CurrentFinancialInstruments2023-03-3111266258ns5:ShareCapital2024-03-3111266258ns5:ShareCapital2023-03-3111266258ns5:RetainedEarningsAccumulatedLosses2024-03-3111266258ns5:RetainedEarningsAccumulatedLosses2023-03-3111266258ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111266258ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-31
REGISTERED NUMBER: 11266258 (England and Wales)
















K G Editorial Ltd

Unaudited Financial Statements

for the Year Ended 31st March 2024






K G Editorial Ltd (Registered number: 11266258)






Contents of the Financial Statements
for the Year Ended 31st March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


K G Editorial Ltd

Company Information
for the Year Ended 31st March 2024







Director: Miss K J Gale





Registered office: Haulfryn
Hopeland Road
Aberdovey
Gwynedd
LL35 0NH





Registered number: 11266258 (England and Wales)





Accountants: Wilson Stevens
Accountants
4th Floor
100 Fenchurch Street
London
EC3M 5JD

K G Editorial Ltd (Registered number: 11266258)

Statement of Financial Position
31st March 2024

2024 2023
Notes £    £   
Current assets
Debtors 4 1,717 501
Cash at bank 65,672 54,973
67,389 55,474
Creditors
Amounts falling due within one year 5 4,795 6,474
Net current assets 62,594 49,000
Total assets less current liabilities 62,594 49,000

Capital and reserves
Called up share capital 10 10
Retained earnings 62,584 48,990
62,594 49,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23rd July 2024 and were signed by:





Miss K J Gale - Director


K G Editorial Ltd (Registered number: 11266258)

Notes to the Financial Statements
for the Year Ended 31st March 2024

1. Statutory information

K G Editorial Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 1,716 500
Other debtors 1 1
1,717 501

K G Editorial Ltd (Registered number: 11266258)

Notes to the Financial Statements - continued
for the Year Ended 31st March 2024

5. Creditors: amounts falling due within one year
2024 2023
£    £   
Taxation and social security 3,449 1,334
Other creditors 1,346 5,140
4,795 6,474