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REGISTERED NUMBER: 01755354 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

KNOWLES & GODDEN LIMITED

KNOWLES & GODDEN LIMITED (REGISTERED NUMBER: 01755354)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KNOWLES & GODDEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: Mrs S S Godden
N G Godden





SECRETARY: N G Godden





REGISTERED OFFICE: 50 Church Street
Whitstable
Kent
CT5 1PG





REGISTERED NUMBER: 01755354 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
2 The Links
HERNE BAY
Kent
CT6 7GQ

KNOWLES & GODDEN LIMITED (REGISTERED NUMBER: 01755354)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 - -
Investment property 6 630,000 630,000
630,000 630,000

CURRENT ASSETS
Debtors 7 1,113 1,334
Cash at bank 41,992 23,558
43,105 24,892
CREDITORS
Amounts falling due within one year 8 30,759 28,631
NET CURRENT ASSETS/(LIABILITIES) 12,346 (3,739 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

642,346

626,261

PROVISIONS FOR LIABILITIES 157,500 70,269
NET ASSETS 484,846 555,992

CAPITAL AND RESERVES
Called up share capital 9 902 902
Fair value reserve 10 212,335 299,566
Retained earnings 271,609 255,524
SHAREHOLDERS' FUNDS 484,846 555,992

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29th July 2024 and were signed on its behalf by:





N G Godden - Director


KNOWLES & GODDEN LIMITED (REGISTERED NUMBER: 01755354)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Knowles & Godden 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - now fully written off

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

4. EMPLOYEES AND DIRECTORS

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

KNOWLES & GODDEN LIMITED (REGISTERED NUMBER: 01755354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st May 2023
and 30th April 2024 15,158 11,508 26,666
DEPRECIATION
At 1st May 2023
and 30th April 2024 15,158 11,508 26,666
NET BOOK VALUE
At 30th April 2024 - - -
At 30th April 2023 - - -

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st May 2023
and 30th April 2024 630,000
NET BOOK VALUE
At 30th April 2024 630,000
At 30th April 2023 630,000

Fair value at 30th April 2024 is represented by:
£   
Valuation in 2023 630,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,113 1,334

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1 1
Other creditors 30,758 28,630
30,759 28,631

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
902 Ordinary £1 902 902

KNOWLES & GODDEN LIMITED (REGISTERED NUMBER: 01755354)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

10. RESERVES
Fair
value
reserve
£   
At 1st May 2023 299,566
Investment revaluation (87,231 )

At 30th April 2024 212,335