Company Registration No. 06543548 (England and Wales)
KG ACCOUNTING SERVICES LIMITED
Unaudited accounts
for the year ended 31 March 2023
KG ACCOUNTING SERVICES LIMITED
Unaudited accounts
Contents
KG ACCOUNTING SERVICES LIMITED
Company Information
for the year ended 31 March 2023
Directors
Mr Mahadevan Arulkumar
Mrs Kavitha Arulkumar
Mr Paramsothy Mayuran
Company Number
06543548 (England and Wales)
Registered Office
85 KYNANCE GARDENS
STANMORE
HA7 2QJ
ENGLAND
KG ACCOUNTING SERVICES LIMITED
Accountants' report
Accountants' report to the board of directors of KG ACCOUNTING SERVICES LIMITED (the company)
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2023.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the balance sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give "a true and fair view".
You have determined that the company is exempt from the statutory requirement for an audit for the year ended 31 March 2023. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
KG ACCOUNTING SERVICES LIMITED
Statement of financial position
as at 31 March 2023
Intangible assets
7,419
8,347
Tangible assets
11,252
12,348
Cash at bank and in hand
-
103
Net current assets
7,708
23,341
Total assets less current liabilities
26,479
44,236
Creditors: amounts falling due after more than one year
(53,589)
(51,190)
Net liabilities
(27,110)
(6,954)
Called up share capital
100
100
Profit and loss account
(27,210)
(7,054)
Shareholders' funds
(27,110)
(6,954)
For the year ending 31 March 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 December 2023 and were signed on its behalf by
Mr Mahadevan Arulkumar
Director
Company Registration No. 06543548
KG ACCOUNTING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
KG ACCOUNTING SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06543548. The registered office is 85 KYNANCE GARDENS, STANMORE, HA7 2QJ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
KG ACCOUNTING SERVICES LIMITED
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
13,250
2,166
15,416
At 31 March 2023
13,250
2,166
15,416
At 1 April 2022
1,989
1,079
3,068
Charge for the year
663
433
1,096
At 31 March 2023
2,652
1,512
4,164
At 31 March 2023
10,598
654
11,252
At 31 March 2022
11,261
1,087
12,348
6
Investments
Subsidiary undertakings
Valuation at 1 April 2022
200
Valuation at 31 March 2023
100
Amounts falling due within one year
Trade debtors
7,708
19,011
Amounts due from group undertakings etc.
-
4,227
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
41,339
37,398
9
Average number of employees
During the year the average number of employees was 3 (2022: 2).