KNOOWIT LIMITED

Company Registration Number:
14557477 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 25 December 2022

End date: 31 December 2023

KNOOWIT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

KNOOWIT LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Said Sahebzada
Registered office: 9
Southfield Road
Nottingham
England
NG8 3PH
Company Registration Number: 14557477 (England and Wales)

KNOOWIT LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£
Fixed assets
Intangible assets: 5 22,000
Tangible assets: 6 100
Total fixed assets: 22,100
Current assets
Stocks: 0
Debtors: 0
Cash at bank and in hand: 0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: ( 0 )
Net current assets (liabilities): 0
Total assets less current liabilities: 22,100
Creditors: amounts falling due after more than one year: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 22,100

The notes form part of these financial statements

KNOOWIT LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£
Capital and reserves
Called up share capital: 11,050
Revaluation reserve: 7 11,050
Profit and loss account: 0
Shareholders funds: 22,100

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 October 2024
And Signed On Behalf Of The Board By:

Name: Said Sahebzada
Status: Director

The notes form part of these financial statements

KNOOWIT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    I have researched and contacted company house as well as HMRC for this tax return

    Other accounting policies

    As mentioned previously, my company is not trading at the moment but it is live in the sense that I have invested money into my company since 06/06/2023 to which I have included the expenses from 06/06/2023 to 31/12/2023 in this tax return. My expenses are mainly to another company who are developing my website which is my company as well as other expenses to a patent attorney and fees included as well as IPO fees. My company is valued at least £22,100 as I have invested this much money up to 31/12/2023.

KNOOWIT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023
    Average number of employees during the period 0

KNOOWIT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

KNOOWIT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 5. Intangible assets

    Total
    Cost £
    Additions 22,000
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 December 2023 22,000
    Amortisation
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 December 2023 0
    Net book value
    Net book value at 31 December 2023 22,000

    £22,000 is mainly payments I have made for my company which is a website that allows customers to order food. Majority of the £22,000 was paid to another company to develop my website. The £22,000 also includes payments for a patent attorney and fees included and also IPO fees.

KNOOWIT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Tangible Assets

Total
Cost £
Additions 100
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2023 100
Depreciation
Charge for year 0
On disposals (0)
Other adjustments 0
At 31 December 2023 0
Net book value
At 31 December 2023 100

The £100 I have put in this section is a pos terminal device I bought for the purpose of my company which was cost me roughly £100.

KNOOWIT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Revaluation reserve


2023
£
Surplus or deficit after revaluation 11,050
Balance at 31 December 2023 11,050

I have spend £22,100 during the period 06/06/22 and 31/12/23 so my companies value to me is £22,100.