Knight Air Products Limited |
Registered Number:03969512 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Knight Air Products Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Knight Air Products Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
85,300
90,209
85,300
90,209
145,997
154,850
2
Trade and other receivables |
146,851
138,088
3
441,397
Cash and cash equivalents |
507,788
800,726
734,245
Trade and other payables: amounts falling due within one |
year |
(299,846)
(316,445)
4
434,399
484,281
Net current assets
Total assets less current liabilities |
569,581
524,608
(21,300)
(17,500)
Provisions for liabilities |
548,281
Net assets
507,108
1,000
1,000
547,281
506,108
548,281
507,108
Shareholders' funds
For the year ended 30 April 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 30 April 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 delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 06 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Knight Air Products Limited
Notes to the Financial Statements
Statutory Information
Knight Air Products Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 03969512. |
Selby Mill
Richards Street
Kirkham, Preston
Lancashire
PR4 2HU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of FRS102 Section 1A small |
entities. There were no material departures from that standard. |
The principal accounting policies adopted in the preparation of these financial statemens are set out below and |
have remained unchanged from the previous year and have also been consistantly applied within the same |
accounts |
The financial statements have been prepared under the historical cost convention. |
Revenue recognition
Turnover comprises the invoiced value of work done and services provided by the company.
Property, plant and equipment
Property. plant and equipment are stated at cost less depreciation.Depreciation is provided at rates appropriate to write off the cost of the assets on a straight line basis over their estimated useful lives as follows: |
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. |
2023
2024
154,850
145,997
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For the year ended 30 April 2024
Knight Air Products Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
127,626
136,503
10,462
10,348
146,851
138,088
4. Trade and other payables: amounts falling due within one year |
2023
2024
86,971
112,687
Taxation and social security |
109,365
67,968
120,109
119,191
316,445
299,846
5. Average number of persons employed |
During the year the average number of employees was 6 (2023 : 6)
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