James Knight Developments Ltd 06263387 true 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is other holding companies Digita Accounts Production Advanced 6.30.9574.0 true Mr Ersin Sirer true 06263387 2023-06-01 2024-05-31 06263387 2024-05-31 06263387 bus:OrdinaryShareClass1 2024-05-31 06263387 core:RetainedEarningsAccumulatedLosses 2024-05-31 06263387 core:ShareCapital 2024-05-31 06263387 core:CurrentFinancialInstruments 2024-05-31 06263387 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 06263387 bus:FRS102 2023-06-01 2024-05-31 06263387 bus:AuditExempt-NoAccountantsReport 2023-06-01 2024-05-31 06263387 bus:FullAccounts 2023-06-01 2024-05-31 06263387 bus:RegisteredOffice 2023-06-01 2024-05-31 06263387 bus:Director1 2023-06-01 2024-05-31 06263387 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 06263387 bus:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 06263387 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 06263387 countries:EnglandWales 2023-06-01 2024-05-31 06263387 2022-06-01 2023-05-31 06263387 2023-05-31 06263387 bus:OrdinaryShareClass1 2023-05-31 06263387 core:RetainedEarningsAccumulatedLosses 2023-05-31 06263387 core:ShareCapital 2023-05-31 06263387 core:CurrentFinancialInstruments 2023-05-31 06263387 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06263387

James Knight Developments Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2024

 

James Knight Developments Ltd

Profit and Loss Account for the Year Ended 31 May 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

James Knight Developments Ltd

(Registration number: 06263387)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

68,413

68,413

Cash at bank and in hand

 

124

124

 

68,537

68,537

Creditors: Amounts falling due within one year

4

(6,816)

(6,816)

Net assets

 

61,721

61,721

Capital and reserves

 

Called up share capital

5

100

100

Retained earnings

61,621

61,621

Shareholders' funds

 

61,721

61,721

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 22 January 2025
 

.........................................
Mr Ersin Sirer
Director

 

James Knight Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
42-46 Station Road
Edgware
Middlesex
HA8 7AB
England

These financial statements were authorised for issue by the director on 22 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

James Knight Developments Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Cash and cash equivalents

2024
£

2023
£

Cash on hand

100

100

Cash at bank

24

24

124

124

4

Creditors

2024
£

2023
£

Due within one year

Other payables

480

480

Accruals

480

480

Directors current account

5,856

5,856

6,816

6,816

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

100

100

100

100

       

6

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

James Knight Developments Ltd

Detailed Profit and Loss Account for the Year Ended 31 May 2024

2024
£

2023
£

Turnover (analysed below)

-

-

Operating profit/(loss)

-

-

Profit/(loss) before tax

-

-