Registration number:
Knights Electrocom Limited
for the Year Ended 31 October 2024
Knights Electrocom Limited
Profit and Loss Account for the Year Ended 31 October 2024
2024 |
2023 |
|
Turnover |
|
|
Other income |
|
|
Cost of raw materials and consumables |
( |
( |
Staff costs |
( |
( |
Depreciation and other amounts written off assets |
( |
( |
Other charges |
(63,361) |
(71,151) |
Profit before tax |
|
|
Tax on profit |
( |
( |
Profit for the year |
|
|
Knights Electrocom Limited
(Registration number: 4538436)
Balance Sheet as at 31 October 2024
2024 |
2023 |
||
Fixed assets |
|
|
|
Current assets |
|
|
|
Prepayments and accrued income |
|
|
|
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Accruals and deferred income |
( |
( |
|
|
|
||
Capital and reserves |
|
|
Company information
The company is a private company limited by share capital, incorporated in England.
The address of its registered office is:
Registration number: 4538436
Basis of preparation
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'.
Staff numbers
The average number of persons employed by the company (including the director) during the year was
Knights Electrocom Limited
(Registration number: 4538436)
Balance Sheet as at 31 October 2024
These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
Approved and authorised by the
|
Knights Electrocom Limited
Detailed Profit and Loss Account for the Year Ended 31 October 2024
2024 |
2023 |
|||
£ |
£ |
£ |
£ |
|
Turnover |
||||
Sales |
472,835 |
563,565 |
||
472,835 |
563,565 |
|||
Cost of sales |
||||
Opening stock |
34,776 |
50,168 |
||
Purchases |
275,785 |
305,833 |
||
Closing stock |
(32,958) |
(34,776) |
||
(277,603) |
(321,225) |
|||
Gross profit |
195,232 |
242,340 |
||
Overheads |
(162,713) |
(169,046) |
||
Operating profit |
32,519 |
73,294 |
||
Bank interest receivable |
9,181 |
3,420 |
||
Other interest receivable |
11 |
- |
||
9,192 |
3,420 |
|||
Profit before tax |
41,711 |
76,714 |
||
Current tax |
(7,915) |
(15,868) |
||
Profit after tax |
33,796 |
60,846 |
Knights Electrocom Limited
Detailed Profit and Loss Account for the Year Ended 31 October 2024
2024 |
2023 |
|
Overheads |
||
Wages and salaries |
38,733 |
46,698 |
Director's remuneration |
10,400 |
10,600 |
Director's pensions |
50,000 |
40,000 |
Rent |
9,500 |
8,400 |
Rates |
1,319 |
1,245 |
Light, heat and power |
4,603 |
4,661 |
Insurance |
1,313 |
1,627 |
Equipment repairs and renewals |
393 |
2,522 |
Telephone and internet charges |
891 |
740 |
Printing and stationery |
246 |
398 |
Postage |
38,451 |
44,249 |
Sundry expenses |
753 |
771 |
Motor expenses |
228 |
518 |
Advertising |
370 |
392 |
Accountancy fees |
1,235 |
1,200 |
Bank charges |
183 |
180 |
Credit card charges |
3,876 |
4,248 |
Depreciation of plant and machinery |
132 |
278 |
Depreciation of fixtures and fittings |
- |
19 |
Depreciation of office equipment |
87 |
300 |
162,713 |
169,046 |