Knights Electrocom Limited 4538436 false 2023-11-01 2024-10-31 2024-10-31 The principal activity of the company is that of electrical and radio communication retail and repair Digita Accounts Production Advanced 6.30.9574.0 true 4538436 2023-11-01 2024-10-31 4538436 2024-10-31 4538436 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 4538436 bus:Micro-entities 2023-11-01 2024-10-31 4538436 bus:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 4538436 bus:FilletedAccounts 2023-11-01 2024-10-31 4538436 bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 4538436 bus:RegisteredOffice 2023-11-01 2024-10-31 4538436 bus:Director1 2023-11-01 2024-10-31 4538436 bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 4538436 countries:England 2023-11-01 2024-10-31 4538436 2022-11-01 2023-10-31 4538436 2023-10-31 4538436 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 iso4217:GBP xbrli:pure

Registration number: 4538436

Knights Electrocom Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 October 2024

 

Knights Electrocom Limited

Profit and Loss Account for the Year Ended 31 October 2024

2024
£

2023
£

Turnover

472,835

563,565

Other income

9,192

3,420

Cost of raw materials and consumables

(277,603)

(321,225)

Staff costs

(99,133)

(97,298)

Depreciation and other amounts written off assets

(219)

(597)

Other charges

(63,361)

(71,151)

Profit before tax

41,711

76,714

Tax on profit

(7,915)

(15,868)

Profit for the year

33,796

60,846

 

Knights Electrocom Limited

(Registration number: 4538436)
Balance Sheet as at 31 October 2024

2024
£

2023
£

Fixed assets

 

629

575

Current assets

 

315,449

311,987

Prepayments and accrued income

 

2,007

2,121

Creditors: Amounts falling due within one year

 

(28,515)

(37,903)

Net current assets

 

288,941

276,205

Total assets less current liabilities

 

289,570

276,780

Accruals and deferred income

 

(1,784)

(1,790)

   

287,786

274,990

Capital and reserves

 

287,786

274,990

Company information

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

The address of its registered office is:
11 King Edward Street
Kirton In Lindsey
Gainsborough
Lincolnshire
DN21 4NF

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 4 (2023 - 4).

 

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 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.

Approved and authorised by the director on 7 February 2025
 


Mr D J Knights
Director

   
 

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