2023-01-012023-12-312023-12-31false12891098KNIGHT EDMONDS LETTINGS LTD2024-02-2768310iso4217:GBPxbrli:pure128910982023-01-01128910982023-12-31128910982023-01-012023-12-31128910982021-10-01128910982022-12-31128910982021-10-012022-12-3112891098bus:SmallEntities2023-01-012023-12-3112891098bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3112891098bus:FullAccounts2023-01-012023-12-3112891098bus:PrivateLimitedCompanyLtd2023-01-012023-12-3112891098core:WithinOneYear2023-12-3112891098core:AfterOneYear2023-12-3112891098core:WithinOneYear2022-12-3112891098core:AfterOneYear2022-12-3112891098core:ShareCapital2023-12-3112891098core:SharePremium2023-12-3112891098core:RevaluationReserve2023-12-3112891098core:OtherReservesSubtotal2023-12-3112891098core:RetainedEarningsAccumulatedLosses2023-12-3112891098core:ShareCapital2022-12-3112891098core:SharePremium2022-12-3112891098core:RevaluationReserve2022-12-3112891098core:OtherReservesSubtotal2022-12-3112891098core:RetainedEarningsAccumulatedLosses2022-12-3112891098core:LandBuildings2023-12-3112891098core:PlantMachinery2023-12-3112891098core:Vehicles2023-12-3112891098core:FurnitureFittings2023-12-3112891098core:OfficeEquipment2023-12-3112891098core:NetGoodwill2023-12-3112891098core:IntangibleAssetsOtherThanGoodwill2023-12-3112891098core:ListedExchangeTraded2023-12-3112891098core:UnlistedNon-exchangeTraded2023-12-3112891098core:LandBuildings2022-12-3112891098core:PlantMachinery2022-12-3112891098core:Vehicles2022-12-3112891098core:FurnitureFittings2022-12-3112891098core:OfficeEquipment2022-12-3112891098core:NetGoodwill2022-12-3112891098core:IntangibleAssetsOtherThanGoodwill2022-12-3112891098core:ListedExchangeTraded2022-12-3112891098core:UnlistedNon-exchangeTraded2022-12-3112891098core:LandBuildings2023-01-012023-12-3112891098core:PlantMachinery2023-01-012023-12-3112891098core:Vehicles2023-01-012023-12-3112891098core:FurnitureFittings2023-01-012023-12-3112891098core:OfficeEquipment2023-01-012023-12-3112891098core:NetGoodwill2023-01-012023-12-3112891098core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3112891098core:ListedExchangeTraded2023-01-012023-12-3112891098core:UnlistedNon-exchangeTraded2023-01-012023-12-3112891098core:MoreThanFiveYears2023-01-012023-12-3112891098core:Non-currentFinancialInstruments2023-12-3112891098core:Non-currentFinancialInstruments2022-12-3112891098dpl:CostSales2023-01-012023-12-3112891098dpl:DistributionCosts2023-01-012023-12-3112891098core:LandBuildings2023-01-012023-12-3112891098core:PlantMachinery2023-01-012023-12-3112891098core:Vehicles2023-01-012023-12-3112891098core:FurnitureFittings2023-01-012023-12-3112891098core:OfficeEquipment2023-01-012023-12-3112891098dpl:AdministrativeExpenses2023-01-012023-12-3112891098core:NetGoodwill2023-01-012023-12-3112891098core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3112891098dpl:GroupUndertakings2023-01-012023-12-3112891098dpl:ParticipatingInterests2023-01-012023-12-3112891098dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3112891098core:ListedExchangeTraded2023-01-012023-12-3112891098dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3112891098core:UnlistedNon-exchangeTraded2023-01-012023-12-3112891098dpl:CostSales2021-10-012022-12-3112891098dpl:DistributionCosts2021-10-012022-12-3112891098core:LandBuildings2021-10-012022-12-3112891098core:PlantMachinery2021-10-012022-12-3112891098core:Vehicles2021-10-012022-12-3112891098core:FurnitureFittings2021-10-012022-12-3112891098core:OfficeEquipment2021-10-012022-12-3112891098dpl:AdministrativeExpenses2021-10-012022-12-3112891098core:NetGoodwill2021-10-012022-12-3112891098core:IntangibleAssetsOtherThanGoodwill2021-10-012022-12-3112891098dpl:GroupUndertakings2021-10-012022-12-3112891098dpl:ParticipatingInterests2021-10-012022-12-3112891098dpl:GroupUndertakingscore:ListedExchangeTraded2021-10-012022-12-3112891098core:ListedExchangeTraded2021-10-012022-12-3112891098dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-10-012022-12-3112891098core:UnlistedNon-exchangeTraded2021-10-012022-12-3112891098core:NetGoodwill2023-12-3112891098core:IntangibleAssetsOtherThanGoodwill2023-12-3112891098core:LandBuildings2023-12-3112891098core:PlantMachinery2023-12-3112891098core:Vehicles2023-12-3112891098core:FurnitureFittings2023-12-3112891098core:OfficeEquipment2023-12-3112891098core:AfterOneYear2023-12-3112891098core:WithinOneYear2023-12-3112891098core:ListedExchangeTraded2023-12-3112891098core:UnlistedNon-exchangeTraded2023-12-3112891098core:ShareCapital2023-12-3112891098core:SharePremium2023-12-3112891098core:RevaluationReserve2023-12-3112891098core:OtherReservesSubtotal2023-12-3112891098core:RetainedEarningsAccumulatedLosses2023-12-3112891098core:NetGoodwill2022-12-3112891098core:IntangibleAssetsOtherThanGoodwill2022-12-3112891098core:LandBuildings2022-12-3112891098core:PlantMachinery2022-12-3112891098core:Vehicles2022-12-3112891098core:FurnitureFittings2022-12-3112891098core:OfficeEquipment2022-12-3112891098core:AfterOneYear2022-12-3112891098core:WithinOneYear2022-12-3112891098core:ListedExc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KNIGHT EDMONDS LETTINGS LTD

Registered Number
12891098
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

KNIGHT EDMONDS LETTINGS LTD
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

EDMONDS, Samuel Talbot
KNIGHT, Alexander Mark

Registered Address

20-22 King Street
Maidstone
ME14 1DE

Registered Number

12891098 (England and Wales)
KNIGHT EDMONDS LETTINGS LTD
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets55,7681,225
5,7681,225
Current assets
Stocks7(1,370)(575)
Debtors859,3312,471
Cash at bank and on hand6,8166,750
64,7778,646
Creditors amounts falling due within one year9(77,634)(35,519)
Net current assets (liabilities)(12,857)(26,873)
Total assets less current liabilities(7,089)(25,648)
Net assets(7,089)(25,648)
Capital and reserves
Called up share capital11
Profit and loss account(7,090)(25,649)
Shareholders' funds(7,089)(25,648)
The financial statements were approved and authorised for issue by the Board of Directors on 27 February 2024, and are signed on its behalf by:
KNIGHT, Alexander Mark
Director
Registered Company No. 12891098
KNIGHT EDMONDS LETTINGS LTD
Notes to the Financial Statements
for the year ended 31 December 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery25
Fixtures and fittings25
Office Equipment25
Stocks policy
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year21
5.Property, plant and equipment

Plant & machinery

Fixtures & fittings

Office Equipment

Total

££££
Cost or valuation
At 01 January 23--1,4001,400
Additions9351,5683,9506,453
At 31 December 239351,5685,3507,853
Depreciation and impairment
At 01 January 23--175175
Charge for year2343831,2931,910
At 31 December 232343831,4682,085
Net book value
At 31 December 237011,1853,8825,768
At 31 December 22--1,2251,225
6.Description of nature of transactions and balances with related parties
As of 31 December 2023, Knight Edmonds Lettings is owed £45,156 from Knight Edmonds Ltd and £30,882 to Knight Edmonds Holdings.
7.Stocks

2023

2022

££
Other stocks(1,370)(575)
Total(1,370)(575)
8.Debtors

2023

2022

££
Trade debtors / trade receivables8,410848
Other debtors50,473-
Prepayments and accrued income4481,623
Total59,3312,471
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
9.Creditors within one year

2023

2022

££
Trade creditors / trade payables5,1861,129
Taxation and social security37,2296,332
Other creditors35,21928,058
Total77,63435,519
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
10.Creditors after one year