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Registration number: 09772000

KGM Consulting Services Ltd

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

KGM Consulting Services Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

KGM Consulting Services Ltd

Company Information

Directors

KG Macleod

Mrs SM Macleod

Registered office

17 Blackberry Way
Evesham
Worcestershire
WR11 2AH

Accountants

Clement Rabjohns Limited
Chartered Accountants111/113 High Street
Evesham
Worcestershire
WR11 4XP

 

KGM Consulting Services Ltd

(Registration number: 09772000)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

367

733

Current assets

 

Debtors

5

66,125

97,739

Cash at bank and in hand

 

790,933

640,688

 

857,058

738,427

Creditors: Amounts falling due within one year

6

(101,401)

(89,503)

Net current assets

 

755,657

648,924

Net assets

 

756,024

649,657

Capital and reserves

 

Called up share capital

1,000

1,000

Retained earnings

755,024

648,657

Shareholders' funds

 

756,024

649,657

For the financial year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 19 June 2025 and signed on its behalf by:
 

.........................................
KG Macleod
Director

 

KGM Consulting Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
17 Blackberry Way
Evesham
Worcestershire
WR11 2AH
United Kingdom

These financial statements were authorised for issue by the Board on 19 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration receivable for the provision of project management services and recharged expenses in the ordinary course of the company’s activities. Turnover is shown net of value added tax and discounts. The company recognises revenue in accordance with agreed contract provisions.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

KGM Consulting Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

33.3% straight line basis

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

KGM Consulting Services Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 October 2023

6,991

6,991

At 30 September 2024

6,991

6,991

Depreciation

At 1 October 2023

6,258

6,258

Charge for the year

366

366

At 30 September 2024

6,624

6,624

Carrying amount

At 30 September 2024

367

367

At 30 September 2023

733

733

5

Debtors

Current

2024
£

2023
£

Trade debtors

64,962

94,972

Other debtors

1,163

2,767

 

66,125

97,739

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

57,130

42,696

Accruals and deferred income

1,495

1,495

Other creditors

42,776

45,312

101,401

89,503