Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11139824 Mr Matthew Knightly iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11139824 2023-03-31 11139824 2024-03-31 11139824 2023-04-01 2024-03-31 11139824 frs-core:CurrentFinancialInstruments 2024-03-31 11139824 frs-core:ComputerEquipment 2024-03-31 11139824 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11139824 frs-core:ComputerEquipment 2023-03-31 11139824 frs-core:MotorVehicles 2024-03-31 11139824 frs-core:MotorVehicles 2023-04-01 2024-03-31 11139824 frs-core:MotorVehicles 2023-03-31 11139824 frs-core:PlantMachinery 2024-03-31 11139824 frs-core:PlantMachinery 2023-04-01 2024-03-31 11139824 frs-core:PlantMachinery 2023-03-31 11139824 frs-core:ShareCapital 2024-03-31 11139824 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11139824 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11139824 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11139824 frs-bus:SmallEntities 2023-04-01 2024-03-31 11139824 frs-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 11139824 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11139824 frs-bus:Director1 2023-04-01 2024-03-31 11139824 frs-countries:EnglandWales 2023-04-01 2024-03-31 11139824 2022-03-31 11139824 2023-03-31 11139824 2022-04-01 2023-03-31 11139824 frs-core:CurrentFinancialInstruments 2023-03-31 11139824 frs-core:ShareCapital 2023-03-31 11139824 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11139824
Knightly Window Films Ltd
Financial Statements
For The Year Ended 31 March 2024
Financial Statements
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 11139824
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,837 3,365
2,837 3,365
CURRENT ASSETS
Debtors 5 - 17
Cash at bank and in hand 47,742 128,507
47,742 128,524
Creditors: Amounts Falling Due Within One Year 6 (50,477 ) (131,828 )
NET CURRENT ASSETS (LIABILITIES) (2,735 ) (3,304 )
TOTAL ASSETS LESS CURRENT LIABILITIES 102 61
NET ASSETS 102 61
CAPITAL AND RESERVES
Called up share capital 7 8 8
Profit and Loss Account 94 53
SHAREHOLDERS' FUNDS 102 61
Page 1
Page 2
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Matthew Knightly
Director
19 April 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Knightly Window Films Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11139824 . The registered office is Damer House, Meadow Way, Wickford, Essex, SS12 9HA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added taxes, and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing balance
Motor Vehicles 15% Reducing balance
Computer Equipment 25% Reducing balance
2.4. Taxation
Taxation represents the sum of the tax currently payable and deferred tax.
The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
The average number of employees, including directors, during the year was as follows: 2 (2023: 2)
2 2
Page 3
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4. Tangible Assets
Plant & Machinery Motor Vehicles Computer Equipment Total
£ £ £ £
Cost
As at 1 April 2023 674 7,080 262 8,016
As at 31 March 2024 674 7,080 262 8,016
Depreciation
As at 1 April 2023 514 3,938 199 4,651
Provided during the period 40 472 16 528
As at 31 March 2024 554 4,410 215 5,179
Net Book Value
As at 31 March 2024 120 2,670 47 2,837
As at 1 April 2023 160 3,142 63 3,365
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 17
- 17
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 41,304 127,445
Taxation and social security 9,173 4,383
50,477 131,828
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 8 8
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