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REGISTERED NUMBER: 06451438 (England and Wales)
















Unaudited Financial Statements

for the Period 1 January 2023 to 28 December 2023

for

JMG Consulting International Limited

JMG Consulting International Limited (Registered number: 06451438)






Contents of the Financial Statements
for the Period 1 January 2023 to 28 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


JMG Consulting International Limited

Company Information
for the Period 1 January 2023 to 28 December 2023







DIRECTORS: Mrs V Gregg
Dr M G Gregg





SECRETARY: Dr M G Gregg





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 06451438 (England and Wales)





ACCOUNTANTS: Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
JMG Consulting International Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of JMG Consulting International Limited for the period ended 28 December 2023 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of JMG Consulting International Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of JMG Consulting International Limited and state those matters that we have agreed to state to the Board of Directors of JMG Consulting International Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JMG Consulting International Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that JMG Consulting International Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of JMG Consulting International Limited. You consider that JMG Consulting International Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of JMG Consulting International Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB


Date: .............................................

JMG Consulting International Limited (Registered number: 06451438)

Balance Sheet
28 December 2023

28.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 18,173 23,026

CURRENT ASSETS
Debtors 5 600 17,917
Cash at bank 73,749 194,083
74,349 212,000
CREDITORS
Amounts falling due within one year 6 (49,795 ) (153,901 )
NET CURRENT ASSETS 24,554 58,099
TOTAL ASSETS LESS CURRENT
LIABILITIES

42,727

81,125

ACCRUALS AND DEFERRED INCOME 24,428 -
NET ASSETS 67,155 81,125

CAPITAL AND RESERVES
Called up share capital 11 11
Retained earnings 67,144 81,114
67,155 81,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JMG Consulting International Limited (Registered number: 06451438)

Balance Sheet - continued
28 December 2023


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 Board of Directors and authorised for issue on 19 September 2024 and were signed on its behalf by:





Mr J M Gregg - Director


JMG Consulting International Limited (Registered number: 06451438)

Notes to the Financial Statements
for the Period 1 January 2023 to 28 December 2023

1. STATUTORY INFORMATION

JMG Consulting International Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern
The directors believe that the company's financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the company's needs, for a minimum of twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

JMG Consulting International Limited (Registered number: 06451438)

Notes to the Financial Statements - continued
for the Period 1 January 2023 to 28 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 922 29,587 13,975 44,484
Additions 1,212 - - 1,212
At 28 December 2023 2,134 29,587 13,975 45,696
DEPRECIATION
At 1 January 2023 19 12,944 8,495 21,458
Charge for period 534 4,161 1,370 6,065
At 28 December 2023 553 17,105 9,865 27,523
NET BOOK VALUE
At 28 December 2023 1,581 12,482 4,110 18,173
At 31 December 2022 903 16,643 5,480 23,026

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.12.23 31.12.22
£    £   
Other debtors - 17,917
Directors' current accounts 600 -
600 17,917

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.12.23 31.12.22
£    £   
Bank loans and overdrafts 8,623 5,201
Tax - 3,574
VAT 172 2,393
Directors' current accounts - 51,433
Accruals and deferred income 38,500 88,800
Accrued expenses 2,500 2,500
49,795 153,901

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 28th December 2023, there was a loan balance of £600 owing from the directors to the company. The loan is repayable within 9 months of the year end and interest has not been charged.