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Company Registration No. 05724496 (England and Wales)
KNP Litho Limited Unaudited accounts for the year ended 31 August 2024
KNP Litho Limited Unaudited accounts Contents
Page
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KNP Litho Limited Company Information for the year ended 31 August 2024
Directors
D Gibbons C Gibbons
Company Number
05724496 (England and Wales)
Registered Office
The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN United Kingdom
Accountants
S A Acc'y Ltd The Corner House 4 Beaumont Road Church Stretton Shropshire SY6 6BN
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KNP Litho Limited Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
13,250 
14,750 
Tangible assets
301,507 
338,697 
314,757 
353,447 
Current assets
Inventories
38,576 
52,127 
Debtors
973,754 
867,687 
Cash at bank and in hand
97,955 
45,226 
1,110,285 
965,040 
Creditors: amounts falling due within one year
(972,321)
(808,879)
Net current assets
137,964 
156,161 
Total assets less current liabilities
452,721 
509,608 
Creditors: amounts falling due after more than one year
(244,686)
(336,691)
Provisions for liabilities
Deferred tax
(57,814)
(50,700)
Net assets
150,221 
122,217 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
75,241 
75,241 
Profit and loss account
74,880 
46,876 
Shareholders' funds
150,221 
122,217 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 12 February 2025 and were signed on its behalf by
D Gibbons Director Company Registration No. 05724496
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KNP Litho Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
KNP Litho Limited is a private company, limited by shares, registered in England and Wales, registration number 05724496. The registered office is The Corner House, 4 Beaumont Road, Church Stretton, Shropshire, SY6 6BN, United Kingdom.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% per annum reducing balance
Motor vehicles
25% per annum reducing balance
Fixtures & fittings
15% per annum reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 September 2023
15,000 
At 31 August 2024
15,000 
Amortisation
At 1 September 2023
250 
Charge for the year
1,500 
At 31 August 2024
1,750 
Net book value
At 31 August 2024
13,250 
At 31 August 2023
14,750 
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KNP Litho Limited Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
451,030 
86,638 
49,061 
586,729 
Additions
28,785 
- 
1,453 
30,238 
At 31 August 2024
479,815 
86,638 
50,514 
616,967 
Depreciation
At 1 September 2023
171,035 
28,548 
48,449 
248,032 
Charge for the year
48,451 
18,074 
903 
67,428 
At 31 August 2024
219,486 
46,622 
49,352 
315,460 
Net book value
At 31 August 2024
260,329 
40,016 
1,162 
301,507 
At 31 August 2023
279,995 
58,090 
612 
338,697 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
916,415 
842,580 
Accrued income and prepayments
48,089 
23,497 
Other debtors
9,250 
1,610 
973,754 
867,687 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
362,171 
199,619 
Obligations under finance leases and hire purchase contracts
65,937 
56,765 
Trade creditors
478,272 
498,133 
Taxes and social security
42,191 
25,336 
Loans from directors
- 
3,750 
Accruals
23,750 
25,276 
972,321 
808,879 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
101,250 
146,250 
Obligations under finance leases and hire purchase contracts
114,936 
156,641 
Other creditors
28,500 
33,800 
244,686 
336,691 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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KNP Litho Limited Notes to the Accounts for the year ended 31 August 2024
10
Transactions with related parties
In the year under review the Company made sales of £nil (2022: £3586) to Print It 24 Seven Limited, a Company in which Mr Gibbons is the sole shareholder.
11
Average number of employees
During the year the average number of employees was 19 (2023: 19).
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