2023-10-01 09781880 2024-09-30 09781880 2023-10-01 2024-09-30 09781880 2023-09-30 09781880 2022-10-01 2023-09-30 09781880 uk-core:WithinOneYear 2023-09-30 09781880 uk-core:WithinOneYear 2024-09-30 09781880 uk-core:ShareCapital 2024-09-30 09781880 uk-core:ShareCapital 2023-09-30 09781880 uk-core:RetainedEarningsAccumulatedLosses 2024-09-30 09781880 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 09781880 uk-bus:Director1 2023-10-01 2024-09-30 09781880 uk-core:ComputerEquipment 2023-10-01 2024-09-30 09781880 uk-core:FurnitureFittings 2023-10-01 2024-09-30 09781880 uk-core:ComputerEquipment 2023-09-30 09781880 uk-core:FurnitureFittings 2023-09-30 09781880 uk-core:FurnitureFittings 2024-09-30 09781880 uk-core:ComputerEquipment 2024-09-30 iso4217:GBP xbrli:pure 09781880 uk-bus:AuditExempt-NoAccountantsReport 2023-10-01 2024-09-30 09781880 uk-bus:FRS102 2023-10-01 2024-09-30 09781880 uk-bus:FilletedAccounts 2023-10-01 2024-09-30 09781880 uk-bus:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30
KLM ACCOUNTANCY LTD
Registered Number:09781880
For the year ended 30 September 2024
England and Wales
Unaudited Financial Statements
2
Registered Number :
09781880
As at 30 September 2024
KLM ACCOUNTANCY LTD
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
699
931
2
699
931
Current assets
Trade and other receivables
9,131
6,600
3
315,494
Cash and cash equivalents
317,237
323,837
324,625
Trade and other payables: amounts falling due within one
year
(23,926)
(10,923)
4
300,699
312,914
Net current assets
Total assets less current liabilities
313,613
301,630
(106)
(177)
Provisions for liabilities
313,507
Net assets
301,453
Capital and reserves
Called up share capital
1
1
Retained earnings
313,506
301,452
313,507
301,453
Shareholders' funds
For the year ended 30 September 2024 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 of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Kenneth David Pritchard Director
These financial statements were approved and authorised for issue by the Board on 15 October 2024 and were signed by:
The notes form part of these financial statements
1 of 3
3
For the year ended 30 September 2024
KLM ACCOUNTANCY LTD
Notes to the Financial Statements
Statutory Information
KLM ACCOUNTANCY LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 09781880.
Registered address:
Jaguar House
Cecil Street
Birmingham
B19 3ST
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
Deferred tax
Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the statement of financial position date.
Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the period in which they are payable.
2 of 3
4
For the year ended 30 September 2024
KLM ACCOUNTANCY LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 October 2023
3,056
2,649
407
At 30 September 2024
407
2,649
3,056
Provision for depreciation and impairment
At 01 October 2023
2,125
1,779
346
Charge for year
232
217
15
At 30 September 2024
2,357
1,996
361
At 30 September 2024
Net book value
46
653
699
At 30 September 2023
61
870
931
3. Trade and other receivables
2023
2024
£
£
Trade debtors
6,600
8,704
Amounts owed by directors
-
427
9,131
6,600
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1,555
2,124
Taxation and social security
9,266
21,802
Directors' loan accounts
102
-
10,923
23,926
5. Related party transactions
The ultimate controlling party during the year was Kenneth Pritchard , director , whom controls the company by
virtue of owning 100% of the share capital.
6. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
3 of 3