REGISTERED NUMBER: 04579818 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH NOVEMBER 2024

FOR

M K W CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M I K Wisdom

Mrs J R Wisdom

SECRETARY:

Mrs J R Wisdom

REGISTERED OFFICE:

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

04579818 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Tangible assets

4

100,361

115,482

CURRENT ASSETS

Debtors

5

69,645

69,540

Cash at bank

220,156

187,003

289,801

256,543

CREDITORS

Amounts falling due within one year

6

60,968

39,282

NET CURRENT ASSETS

228,833

217,261

TOTAL ASSETS LESS CURRENT LIABILITIES

329,194

332,743

CREDITORS

Amounts falling due after more than one year

7

(37,580

)

(42,126

)

PROVISIONS FOR LIABILITIES

(11,341

)

(15,102

)

NET ASSETS

280,273

275,515

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

280,270

275,512

SHAREHOLDERS' FUNDS

280,273

275,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 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.

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 27th August 2025 and were signed on its behalf by:

M I K Wisdom - Director

1.	STATUTORY INFORMATION

M K W Consulting 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

Accounting convention

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.

Going Concern Justification

The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 30 November 2024 have been prepared using the going concern basis of accounting.

Revenue

Revenue - Described as turnover - is the value of goods (net of VAT) provided to customers during the year, plus the value of work (net of VAT) performed during the year with respect to services.

Revenue is recognised on the sale of goods when the goods are delivered and title has passed. Revenue is recognised on the provision of services once completed.

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% reducing balance

Motor Vehicles - 25% reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Office

and

Motor

Premises

fittings

vehicles

Totals

£

£

£

£

COST

At 1st December 2023

and 30th November 2024

55,000

40,194

59,429

154,623

DEPRECIATION

At 1st December 2023

-

36,671

2,470

39,141

Charge for year

-

881

14,240

15,121

At 30th November 2024

-

37,552

16,710

54,262

NET BOOK VALUE

At 30th November 2024

55,000

2,642

42,719

100,361

At 30th November 2023

55,000

3,523

56,959

115,482

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Other debtors

69,645

69,540

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts

4,546

4,546

Trade creditors

1

1

Tax

42,306

21,336

VAT

12,056

11,301

Directors' current accounts

59

98

Accrued expenses

2,000

2,000

60,968

39,282

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts

37,580

42,126