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Registered number: 14075956

Knightexe Electrical Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024

Prepared By:
R F Love and Company
Chartered Accountant
Holly House
21d, Chudleigh Road
Exeter
Devon
EX2 8TS

Knightexe Electrical Limited

ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
DIRECTORS
Steven Knight
REGISTERED OFFICE
Holly House, 21d Chudleigh Road
Alphington
Exeter
Devon
EX2 8TS
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 14075956
ACCOUNTANTS
R F Love and Company
Chartered Accountant
Holly House
21d, Chudleigh Road
Exeter
Devon
EX2 8TS

Knightexe Electrical Limited

ACCOUNTS
FOR THEYEARENDED30/04/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Knightexe Electrical Limited

BALANCE SHEET AT 30/04/2024
20242023
Notes££
FIXED ASSETS
Tangible assets313,15617,541
CURRENT ASSETS
Stock500500
Cash at bank and in hand4121,507
9122,007
CREDITORS: Amounts falling due within one year512,25311,702
NET CURRENT LIABILITIES(11,341)(9,695)
TOTAL ASSETS LESS CURRENT LIABILITIES1,8157,846
PROVISIONS FOR LIABILITIES AND CHARGES62,500-
NET (LIABILITIES) / ASSETS(685)7,846
CAPITAL AND RESERVES
Called up share capital711
Profit and loss account(686)7,845
SHAREHOLDERS' FUNDS(685)7,846
For the year ending 30/04/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 24/11/2024 and signed on their behalf by
.............................
Steven Knight
Director

Knightexe Electrical Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/04/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery 25%
Commercial Vehicles 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. EMPLOYEES
20242023
No.No.
Average number of employees11

Knightexe Electrical Limited

3. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesTotal
£££
Cost
At 01/05/20232,54614,99517,541
At 30/04/20242,54614,99517,541
Depreciation
For the year6363,7494,385
At 30/04/20246363,7494,385
Net Book Amounts
At 30/04/20241,91011,24613,156
At 30/04/20232,54614,99517,541
4. STOCK 20242023
££
Stock comprises:
Stock500500
500500
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax3,204-
Directors current account3,0801,535
Bank Loan4,4507,836
Trade creditors3191,831
Accruals1,200500
12,25311,702
6. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation2,500-
2,500-

Knightexe Electrical Limited

7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
New shares issued during period:
Ordinary shares of £1 each1
-1