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REGISTERED NUMBER: SC531439 (Scotland)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

KNIGHTSBRIDGE COMMERCIAL LIMITED

KNIGHTSBRIDGE COMMERCIAL LIMITED (REGISTERED NUMBER: SC531439)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KNIGHTSBRIDGE COMMERCIAL LIMITED

COMPANY INFORMATION
for the Year Ended 30 April 2024







DIRECTOR: G F Brisci





REGISTERED OFFICE: 272 Bath Street
Glasgow
G2 4JR





REGISTERED NUMBER: SC531439 (Scotland)





ACCOUNTANTS: Kean Jarman & Company
Chartered Accountants
27 Ingram Street
Glasgow
G1 1HA

KNIGHTSBRIDGE COMMERCIAL LIMITED (REGISTERED NUMBER: SC531439)

BALANCE SHEET
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,148 7,973

CURRENT ASSETS
Debtors 5 294,655 -
Cash at bank 77,973 332,388
372,628 332,388
CREDITORS
Amounts falling due within one year 6 45,856 62,695
NET CURRENT ASSETS 326,772 269,693
TOTAL ASSETS LESS CURRENT
LIABILITIES

332,920

277,666

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 332,820 277,566
332,920 277,666

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

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 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.

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

The financial statements were approved by the director and authorised for issue on 20 January 2025 and were signed by:





G F Brisci - Director


KNIGHTSBRIDGE COMMERCIAL LIMITED (REGISTERED NUMBER: SC531439)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Knightsbridge Commercial Limited is a private company, limited by shares , registered in Scotland. 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.

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 cost
Computer equipment - 25% on cost

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 20,629 6,541 27,170
Additions 1,158 440 1,598
At 30 April 2024 21,787 6,981 28,768
DEPRECIATION
At 1 May 2023 12,937 6,260 19,197
Charge for year 3,230 193 3,423
At 30 April 2024 16,167 6,453 22,620
NET BOOK VALUE
At 30 April 2024 5,620 528 6,148
At 30 April 2023 7,692 281 7,973

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 294,655 -

KNIGHTSBRIDGE COMMERCIAL LIMITED (REGISTERED NUMBER: SC531439)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors - (1 )
Taxation and social security 44,056 33,604
Other creditors 1,800 29,092
45,856 62,695

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
G F Brisci
Balance outstanding at start of year (25,496 ) (25,560 )
Amounts advanced 320,151 64
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 294,655 (25,496 )

At 30/4/24 an amount of £294,655 is owed to the company by the company director, Mr Brisci (2023 - £25,496 cr). An amount of £300,000 is repaid by the director to the company in January 2025. The loan is disclosed in other debtors.