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REGISTERED NUMBER: 05978212 (England and Wales)















Kibworth Knoll Limited

Financial Statements for the Period 8 November 2022 to 31 October 2023






Kibworth Knoll Limited (Registered number: 05978212)






Contents of the Financial Statements
for the Period 8 November 2022 to 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Kibworth Knoll Limited

Company Information
for the Period 8 November 2022 to 31 October 2023







DIRECTOR: A S Cohen





REGISTERED OFFICE: 34 Highfield Gardens
Golders Green
LONDON
NW11 9HB





BUSINESS ADDRESS: 231 Hinckley Road
Leicester Forest East
Leicester
Leicestershire
LE3 3PH





REGISTERED NUMBER: 05978212 (England and Wales)





ACCOUNTANTS: Passer Chevern & Co
Chartered Accountants
5 Spring Villa Road
Edgware
Middlesex
HA8 7EB

Kibworth Knoll Limited (Registered number: 05978212)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,428,844 1,420,955

CURRENT ASSETS
Debtors 5 419,356 36,644
Cash at bank and in hand 89,337 270,948
508,693 307,592
CREDITORS
Amounts falling due within one year 6 803,982 793,200
NET CURRENT LIABILITIES (295,289 ) (485,608 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,133,555

935,347

PROVISIONS FOR LIABILITIES 7 (383 ) (1,105 )

ACCRUALS AND DEFERRED INCOME - (99,210 )
NET ASSETS 1,133,172 835,032

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 1,133,072 834,932
SHAREHOLDERS' FUNDS 1,133,172 835,032

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Kibworth Knoll Limited (Registered number: 05978212)

Balance Sheet - continued
31 October 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2024 and were signed by:





A S Cohen - Director


Kibworth Knoll Limited (Registered number: 05978212)

Notes to the Financial Statements
for the Period 8 November 2022 to 31 October 2023

1. STATUTORY INFORMATION

Kibworth Knoll 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on cost
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 35 (2022 - 36 ) .

Kibworth Knoll Limited (Registered number: 05978212)

Notes to the Financial Statements - continued
for the Period 8 November 2022 to 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 8 November 2022 2,327,637 4,791 47,516 2,379,944
Additions - - 13,158 13,158
At 31 October 2023 2,327,637 4,791 60,674 2,393,102
DEPRECIATION
At 8 November 2022 914,365 4,093 40,531 958,989
Charge for period - 233 5,036 5,269
At 31 October 2023 914,365 4,326 45,567 964,258
NET BOOK VALUE
At 31 October 2023 1,413,272 465 15,107 1,428,844
At 7 November 2022 1,413,272 698 6,985 1,420,955

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 22,781 30,757
Amounts owed by group undertakings 22,307 -
Amounts owed by participating interests 258,000 -
Prepayments 116,268 5,887
419,356 36,644

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 26,191 22,427
Amounts owed to group undertakings 509,549 599,090
Tax 197,865 133,836
Social security and other
taxes 10,275 -
Other creditors - 1,164
Directors' current accounts - 3,190
Accrued expenses 60,102 33,493
803,982 793,200

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 383 1,105

Kibworth Knoll Limited (Registered number: 05978212)

Notes to the Financial Statements - continued
for the Period 8 November 2022 to 31 October 2023

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 8 November 2022 1,105
Provided during period (722 )
Balance at 31 October 2023 383

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 100 100 100

9. RESERVES
Retained
earnings
£   

At 8 November 2022 834,932
Profit for the period 298,140
At 31 October 2023 1,133,072

10. ULTIMATE CONTROLLING PARTY

The ultimate holding company is Aishel Limited

11. LEGAL CHARGE

The freehold property has been charged by way of legal mortgage for the loan of Aishel Limited, the ultimate holding company.