Caseware UK (AP4) 2023.0.135 2023.0.135 2024-05-312024-05-3122023-06-01falseNo description of principal activity2falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11972024 2023-06-01 2024-05-31 11972024 2022-06-01 2023-05-31 11972024 2024-05-31 11972024 2023-05-31 11972024 c:Director2 2023-06-01 2024-05-31 11972024 d:CurrentFinancialInstruments 2024-05-31 11972024 d:CurrentFinancialInstruments 2023-05-31 11972024 d:CurrentFinancialInstruments d:WithinOneYear 2024-05-31 11972024 d:CurrentFinancialInstruments d:WithinOneYear 2023-05-31 11972024 d:ShareCapital 2024-05-31 11972024 d:ShareCapital 2023-05-31 11972024 d:OtherMiscellaneousReserve 2024-05-31 11972024 d:OtherMiscellaneousReserve 2023-05-31 11972024 d:RetainedEarningsAccumulatedLosses 2024-05-31 11972024 d:RetainedEarningsAccumulatedLosses 2023-05-31 11972024 c:OrdinaryShareClass1 2023-06-01 2024-05-31 11972024 c:OrdinaryShareClass1 2024-05-31 11972024 c:OrdinaryShareClass1 2023-05-31 11972024 c:OrdinaryShareClass2 2023-06-01 2024-05-31 11972024 c:OrdinaryShareClass2 2024-05-31 11972024 c:OrdinaryShareClass2 2023-05-31 11972024 c:OrdinaryShareClass3 2023-06-01 2024-05-31 11972024 c:OrdinaryShareClass3 2024-05-31 11972024 c:OrdinaryShareClass3 2023-05-31 11972024 c:OrdinaryShareClass4 2023-06-01 2024-05-31 11972024 c:OrdinaryShareClass4 2024-05-31 11972024 c:OrdinaryShareClass4 2023-05-31 11972024 c:FRS102 2023-06-01 2024-05-31 11972024 c:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 11972024 c:FullAccounts 2023-06-01 2024-05-31 11972024 c:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11972024 2 2023-06-01 2024-05-31 11972024 6 2023-06-01 2024-05-31 11972024 e:PoundSterling 2023-06-01 2024-05-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 11972024









FIRST KNIGHT LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2024

 
FIRST KNIGHT LIMITED
REGISTERED NUMBER: 11972024

STATEMENT OF FINANCIAL POSITION
AS AT 31 MAY 2024

2024
2023
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
151
151

Current asset investments
 5 
337,021
259,172

Cash at bank and in hand
  
653,658
219,812

  
990,830
479,135

Creditors: amounts falling due within one year
 6 
(916,000)
(447,130)

Net current assets
  
 
 
74,830
 
 
32,005

Total assets less current liabilities
  
74,830
32,005

  

Net assets
  
74,830
32,005


Capital and reserves
  

Called up share capital 
  
151
151

Other reserves
  
48,249
6,579

Profit and loss account
  
26,430
25,275

  
74,830
32,005


Page 1

 
FIRST KNIGHT LIMITED
REGISTERED NUMBER: 11972024
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 MAY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




M S Thorley
Director

Date: 15 January 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
FIRST KNIGHT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1.


General information

First Knight Limited is a private company limited by shares and incorporated in England and Wales (Registered number 11972024). Its registered office is 101 New Cavendish Street, 1st Floor South, London, United Kingdom, W1W 6XH.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

In assessing the ability of the company to operate as a going concern, management have evaluated current and forecasted operational results, and the solvency of the company. As a result, the directors consider it appropriate to prepare the financial statements on a going concern basis.
Accordingly the directors have continued to prepare the financial statements on the going concern basis.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Valuation of investments

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 3

 
FIRST KNIGHT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

2.Accounting policies (continued)

 
2.8

Dividends

Income from dividends is recognised when the entity's right to receive payment is established.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Debtors

2024
2023
£
£


Called up share capital not paid
151
151

151
151



5.


Current asset investments

2024
2023
£
£

Unlisted investments
337,021
259,172

337,021
259,172



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
-
1,130

Other creditors
915,000
445,000

Accruals and deferred income
1,000
1,000

916,000
447,130



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) Ordinary A share of £1.00
1
1
Page 4

 
FIRST KNIGHT LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

7.Share capital (continued)

50 (2023 - 50) Ordinary B shares of £1.00 each
50
50
50 (2023 - 50) Ordinary C shares of £1.00 each
50
50
50 (2023 - 50) Ordinary D shares of £1.00 each
50
50

151

151


 
Page 5