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REGISTERED NUMBER: 07737128



















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

LINDA F KNIGHT LTD

LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


LINDA F KNIGHT LTD

Company Information
for the Year Ended 31 March 2023







DIRECTOR: D Browne





REGISTERED OFFICE: 2 St Marys Road
Tonbridge
Kent
TN9 2LB





REGISTERED NUMBER: 07737128






LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 3 314 471
Investments 4 1,192,838 459,256
1,193,152 459,727

CURRENT ASSETS
Debtors 5 9,438 148,347
Cash at bank 75,000 99,379
84,438 247,726
CREDITORS
Amounts falling due within one year 6 (268,285 ) (46,032 )
NET CURRENT (LIABILITIES)/ASSETS (183,847 ) 201,694
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,009,305

661,421

CREDITORS
Amounts falling due after more than
one year

7

(241,157

)

(64,204

)

PROVISIONS FOR LIABILITIES (72,629 ) (72,629 )
NET ASSETS 695,519 524,588

LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Balance Sheet - continued
31 March 2023

2023 2022
Notes £    £   
CAPITAL AND RESERVES
Called up share capital 375,000 208,950
Fair value reserve 8 309,627 309,627
Retained earnings 10,892 6,011
695,519 524,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 November 2023 and were signed by:





D Browne - Director


LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


3. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 628
DEPRECIATION
At 1 April 2022 157
Charge for year 157
At 31 March 2023 314
NET BOOK VALUE
At 31 March 2023 314
At 31 March 2022 471

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2022 459,256
Additions 733,582
At 31 March 2023 1,192,838
NET BOOK VALUE
At 31 March 2023 1,192,838
At 31 March 2022 459,256

Cost or valuation at 31 March 2023 is represented by:

Other
investments
£   
Valuation in 2022 459,256
Valuation in 2023 733,582
1,192,838

LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. FIXED ASSET INVESTMENTS - continued

If fixed asset investments had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 810,582 77,000

Fixed asset investments were valued on an open market basis on 15 March 2022 by reference to a comparable sale of shares .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 9,438 148,347

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,946 -
Trade creditors 1 84
Taxation and social security 1,188 722
Other creditors 259,150 45,226
268,285 46,032

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 241,157 64,204

8. RESERVES
Fair
value
reserve
£   
At 1 April 2022
and 31 March 2023 309,627

LINDA F KNIGHT LTD (REGISTERED NUMBER: 07737128)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
D Browne
Balance outstanding at start of year (7,876 ) 800
Amounts repaid (44,886 ) (8,676 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (52,762 ) (7,876 )