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REGISTERED NUMBER: 07190615 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Knights Travel Limited

Knights Travel Limited (Registered number: 07190615)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Knights Travel Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: E A J Knights





REGISTERED OFFICE: 15 Tew Road
Roade
Northamptonshire
NN7 2LG





REGISTERED NUMBER: 07190615 (England and Wales)





ACCOUNTANTS: CDA Accountancy
Unit 11/12 Hall Farm
Sywell Aerodrome
Sywell
Northamptonshire
NN6 0BN

Knights Travel Limited (Registered number: 07190615)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 10,495 10,495
Tangible assets 5 818 415
11,313 10,910

CURRENT ASSETS
Debtors 2,038 294
Cash at bank 70,848 56,055
72,886 56,349
CREDITORS
Amounts falling due within one year 46,878 27,892
NET CURRENT ASSETS 26,008 28,457
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,321

39,367

CREDITORS
Amounts falling due after more than
one year

22,431

24,515
NET ASSETS 14,890 14,852

CAPITAL AND RESERVES
Called up share capital 6 20 20
Retained earnings 14,870 14,832
SHAREHOLDERS' FUNDS 14,890 14,852

Knights Travel Limited (Registered number: 07190615)

Abridged Balance Sheet - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2024 and were signed by:





E A J Knights - Director


Knights Travel Limited (Registered number: 07190615)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Knights Travel 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Franchise costs
The franchise is held at historical cost with an impairment review undertaken annually.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 10,495
NET BOOK VALUE

At 31 March 2024 10,495
At 31 March 2023 10,495

Knights Travel Limited (Registered number: 07190615)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 3,351
Additions 758
At 31 March 2024 4,109
DEPRECIATION
At 1 April 2023 2,936
Charge for year 355
At 31 March 2024 3,291
NET BOOK VALUE
At 31 March 2024 818
At 31 March 2023 415

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
10 Ordinary A £1 10 10
10 Ordinary B £1 10 10
20 20