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Company Registration No. 02994292 (England and Wales)
Gordons Knight Limited Unaudited accounts for the year ended 30 April 2024
Gordons Knight Limited Unaudited accounts Contents
Page
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Gordons Knight Limited Company Information for the year ended 30 April 2024
Director
Gordon D' Silva
Company Number
02994292 (England and Wales)
Registered Office
12 South Drive Banstead Surrey SM7 3BH England
Accountants
Gordons Knight Ltd 12 South Drive Banstead Surrey England SM7 3BH
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Gordons Knight Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,750 
2,941 
Current assets
Debtors
52,678 
21,479 
Investments
27,440 
111,306 
Cash at bank and in hand
37,602 
111,718 
117,720 
244,503 
Creditors: amounts falling due within one year
113,940 
(44,018)
Net current assets
231,660 
200,485 
Net assets
234,410 
203,426 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
234,408 
203,424 
Shareholders' funds
234,410 
203,426 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 January 2024 and were signed on its behalf by
Gordon D' Silva Director Company Registration No. 02994292
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Gordons Knight Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Gordons Knight Limited is a private company, limited by shares, registered in England and Wales, registration number 02994292. The registered office is 12 South Drive, Banstead, Surrey, SM7 3BH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% WDV
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. It is amortised to profit and loss account over its estimated economic life of 9 years.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
180,000 
At 30 April 2024
180,000 
Amortisation
At 1 May 2023
180,000 
At 30 April 2024
180,000 
Net book value
At 30 April 2024
- 
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Gordons Knight Limited Notes to the Accounts for the year ended 30 April 2024
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
6,017 
Additions
1,165 
At 30 April 2024
7,182 
Depreciation
At 1 May 2023
3,076 
Charge for the year
1,356 
At 30 April 2024
4,432 
Net book value
At 30 April 2024
2,750 
At 30 April 2023
2,941 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
44,912 
18,180 
Accrued income and prepayments
1,495 
1,500 
Other debtors
6,271 
1,799 
52,678 
21,479 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Listed investments
27,440 
111,306 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,419 
7,052 
Trade creditors
2,182 
15,243 
Taxes and social security
7,296 
4,677 
Other creditors
- 
2,627 
Loans from directors
(145,729)
10,739 
Accruals
8,892 
3,680 
(113,940)
44,018 
9
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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