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REGISTERED NUMBER: 14934140 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

KG Accountancy & Bookkeeping Services
Limited

KG Accountancy & Bookkeeping Services
Limited (Registered number: 14934140)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KG Accountancy & Bookkeeping Services
Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Miss K Guest





REGISTERED OFFICE: 29 Whitegate Drive
Blackpool
FY3 9AA





REGISTERED NUMBER: 14934140 (England and Wales)





ACCOUNTANTS: KG Accountancy & Bookkeeping Services Limited
29 Whitegate Drive
Blackpool
Lancashire
FY3 9AA

KG Accountancy & Bookkeeping Services
Limited (Registered number: 14934140)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 200,000 200,000
Tangible assets 5 58,510 54,560
258,510 254,560

CURRENT ASSETS
Debtors 6 74,057 31,229
Cash at bank 34,112 12,389
108,169 43,618
CREDITORS
Amounts falling due within one year 7 219,300 239,381
NET CURRENT LIABILITIES (111,131 ) (195,763 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

147,379

58,797

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 147,279 58,697
147,379 58,797

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

KG Accountancy & Bookkeeping Services
Limited (Registered number: 14934140)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2025 and were signed by:





Miss K Guest - Director


KG Accountancy & Bookkeeping Services
Limited (Registered number: 14934140)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

KG Accountancy & Bookkeeping Services 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


KG Accountancy & Bookkeeping Services
Limited (Registered number: 14934140)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 200,000
NET BOOK VALUE
At 31 March 2025 200,000
At 31 March 2024 200,000

KG Accountancy & Bookkeeping Services
Limited (Registered number: 14934140)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 54,560
Additions 3,950
At 31 March 2025 58,510
NET BOOK VALUE
At 31 March 2025 58,510
At 31 March 2024 54,560

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 74,057 31,229

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 29,464 41,905
Taxation and social security 62,239 8,484
Other creditors 127,597 188,992
219,300 239,381