2023-03-01 09432931 2024-02-29 09432931 2023-03-01 2024-02-29 09432931 2023-02-28 09432931 2022-03-01 2023-02-28 09432931 uk-core:WithinOneYear 2023-02-28 09432931 uk-core:WithinOneYear 2024-02-29 09432931 uk-core:AfterOneYear 2023-02-28 09432931 uk-core:AfterOneYear 2024-02-29 09432931 uk-core:ShareCapital 2024-02-29 09432931 uk-core:ShareCapital 2023-02-28 09432931 uk-core:RetainedEarningsAccumulatedLosses 2024-02-29 09432931 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 09432931 uk-bus:Director1 2023-03-01 2024-02-29 09432931 uk-core:ComputerEquipment 2023-02-28 09432931 uk-core:FurnitureFittings 2023-02-28 09432931 uk-core:CommercialMotorVehicles 2023-02-28 09432931 uk-core:PlantMachinery 2023-02-28 09432931 uk-core:ComputerEquipment 2023-03-01 2024-02-29 09432931 uk-core:FurnitureFittings 2023-03-01 2024-02-29 09432931 uk-core:CommercialMotorVehicles 2023-03-01 2024-02-29 09432931 uk-core:PlantMachinery 2023-03-01 2024-02-29 09432931 uk-core:CommercialMotorVehicles 2024-02-29 09432931 uk-core:FurnitureFittings 2024-02-29 09432931 uk-core:ComputerEquipment 2024-02-29 09432931 uk-core:PlantMachinery 2024-02-29 09432931 uk-core:WithinOneYear 2024-02-29 09432931 uk-core:WithinOneYear 2023-02-28 09432931 uk-core:AfterOneYear uk-core:Secured 2024-02-29 09432931 uk-core:AfterOneYear uk-core:Secured 2023-02-28 iso4217:GBP xbrli:pure 09432931 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 09432931 uk-bus:FRS102 2023-03-01 2024-02-29 09432931 uk-bus:FilletedAccounts 2023-03-01 2024-02-29 09432931 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29
Knights Custom Conversions Limited
Registered Number:09432931
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 29 February 2024
Knights Custom Conversions Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
09432931
As at 29 February 2024
Knights Custom Conversions Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
229,722
184,384
2
229,722
184,384
Current assets
Inventories
385,853
330,610
Trade and other receivables
32,788
19,517
3
112,674
Cash and cash equivalents
32,785
382,912
531,315
Trade and other payables: amounts falling due
within one year
(240,771)
(184,040)
4
290,544
198,872
Net current assets
Total assets less current liabilities
428,594
474,928
Trade and other payables: amounts falling due after
more than one year
(149,972)
(90,674)
5
337,920
Net assets
324,956
Capital and reserves
Called up share capital
2
2
Retained earnings
337,918
324,954
337,920
324,956
Shareholders' funds
For the year ended 29 February 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 4
4
Registered Number :
09432931
For the year ended 29 February 2024
Knights Custom Conversions Limited
Statement of Financial Position Continued
Mr Jonathan Nightingale Director
These financial statements were approved and authorised for issue by the Board on 18 November 2024 and were signed by:
The notes form part of these financial statements
2 of 4
5
For the year ended 29 February 2024
Knights Custom Conversions Limited
Notes to the Financial Statements
Statutory Information
Knights Custom Conversions Limited is a private limited company, limited by shares, domiciled in
England and Wales, registration number 09432931.
Registered address:
29 Wedgewood Drive
Spalding
PE11 3FJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and
Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Motor
Vehicles
Plant and
Machinery
£
£
£
£
£
Cost or
valuation
At 01 March 2023
352,560
7,292
20,416
97,903
226,949
94,888
-
-
94,888
-
Additions
-
-
(42,847)
-
Disposals
(42,847)
At 29 February 2024
149,944
20,416
7,292
404,601
226,949
Provision for depreciation and impairmen
t
At 01 March 2023
168,176
1,822
2,504
60,887
102,963
Charge for year
29,554
820
2,697
7,440
18,597
(22,851)
-
-
(22,851)
-
On disposal
At 29 February 2024
174,879
2,642
5,201
45,476
121,560
At 29 February 2024
Net book value
105,389
104,468
15,215
4,650
229,722
At 28 February 2023
123,986
37,016
17,912
5,470
184,384
3. Trade and other receivables
2023
2024
£
£
Trade debtors
15,105
32,788
Other debtors
4,412
-
32,788
19,517
3 of 4
6
For the year ended 29 February 2024
Knights Custom Conversions Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
93,060
123,849
Trade creditors
51,378
83,047
Taxation and social security
33,604
29,877
Other creditors
5,998
3,998
184,040
240,771
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
90,674
149,972
6. Average number of persons employed
During the year the average number of employees was 7 (2023 : 6)
4 of 4