2022-04-01 06023133 2023-03-31 06023133 2022-04-01 2023-03-31 06023133 2022-03-31 06023133 2021-04-01 2022-03-31 06023133 uk-core:WithinOneYear 2022-03-31 06023133 uk-core:WithinOneYear 2023-03-31 06023133 uk-core:ShareCapital 2023-03-31 06023133 uk-core:ShareCapital 2022-03-31 06023133 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 06023133 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 06023133 uk-bus:Director1 2022-04-01 2023-03-31 06023133 uk-core:ToolsEquipment 2022-03-31 06023133 uk-core:Buildings 2022-03-31 06023133 uk-core:ToolsEquipment 2022-04-01 2023-03-31 06023133 uk-core:Buildings 2022-04-01 2023-03-31 06023133 uk-core:Buildings 2023-03-31 06023133 uk-core:ToolsEquipment 2023-03-31 06023133 uk-core:WithinOneYear uk-core:Secured 2023-03-31 06023133 uk-core:WithinOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure 06023133 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06023133 uk-bus:FRS102 2022-04-01 2023-03-31 06023133 uk-bus:FullAccounts 2022-04-01 2023-03-31 06023133 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Knight Accountants Limited
Registered Number:06023133
For the year ended 31 March 2023
Unknown
Unaudited Financial Statements
2
For the year ended 31 March 2023
Knight Accountants Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06023133
As at 31 March 2023
Knight Accountants Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
54,389
49,026
2
54,389
49,026
Current assets
Trade and other receivables
1,241,818
1,530,920
3
18,549
Cash and cash equivalents
146,482
1,677,402
1,260,367
Trade and other payables: amounts falling due within one
year
(143,793)
(177,001)
4
1,116,574
1,500,401
Net current assets
Total assets less current liabilities
1,554,790
1,165,600
1,554,790
Net assets
1,165,600
Capital and reserves
Called up share capital
6
6
Retained earnings
1,554,784
1,165,594
1,554,790
1,165,600
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Kellie Knight Director
These financial statements were approved and authorised for issue by the Board on 01 November 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2023
Knight Accountants Limited
Notes to the Financial Statements
Statutory Information
Knight Accountants Limited is a private limited company, limited by shares, domiciled in Unknown, registration number
06023133.
Registered address:
2-6 Sedlescombe Road North
St. Leonards-On-Sea
TN37 7DG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Property, plant and equipment
Total
Computer
equipment
Land and
buildings
£
£
£
Cost or
valuation
At 01 April 2022
72,271
33,377
38,894
10,641
4,057
6,584
Additions
At 31 March 2023
45,478
37,434
82,912
Provision for depreciation and impairment
At 01 April 2022
23,245
21,689
1,556
Charge for year
5,278
3,459
1,819
At 31 March 2023
28,523
25,148
3,375
At 31 March 2023
Net book value
42,103
12,286
54,389
At 31 March 2022
37,338
11,688
49,026
2 of 3
5
For the year ended 31 March 2023
Knight Accountants Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
113,022
107,734
Amounts owed by group undertakings and participating interests
1,412,638
1,114,528
Other debtors
5,260
19,556
1,241,818
1,530,920
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
21,498
23,352
Taxation and social security
154,946
120,056
Other creditors
557
385
177,001
143,793
5. Related party transactions
At the year end, the directors were owed £163 (2022: £nil).
At the year end, there was an amount owed of £1,412,638 (2022: £1,114,528) by Fort Knight Invest Limited, a
company under common control.
6. Average number of persons employed
During the year the average number of employees was 6 (2022 : 6)
3 of 3