Company Registration No. 07640702 (England and Wales)
Knight Renovations Limited
Unaudited accounts
for the year ended 31 May 2024
Knight Renovations Limited
Unaudited accounts
Contents
Knight Renovations Limited
Company Information
for the year ended 31 May 2024
Director
Sorin Stefanoaiea
Company Number
07640702 (England and Wales)
Registered Office
62 WILBURY WAY
HITCHIN
HERTFORDSHIRE
SG4 0TP
ENGLAND
Knight Renovations Limited
Statement of financial position
as at 31 May 2024
Tangible assets
31,392
41,030
Cash at bank and in hand
1,536
24,281
Creditors: amounts falling due within one year
(59,441)
(92,457)
Net current liabilities
(13,347)
(16,676)
Total assets less current liabilities
18,045
24,354
Creditors: amounts falling due after more than one year
(13,518)
(19,369)
Called up share capital
1
1
Profit and loss account
4,526
4,984
Shareholders' funds
4,527
4,985
For the year ending 31 May 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 19 January 2025 and were signed on its behalf by
Sorin Stefanoaiea
Director
Company Registration No. 07640702
Knight Renovations Limited
Notes to the Accounts
for the year ended 31 May 2024
Knight Renovations Limited is a private company, limited by shares, registered in England and Wales, registration number 07640702. The registered office is 62 WILBURY WAY, HITCHIN, HERTFORDSHIRE, SG4 0TP, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
24,923
58,952
83,875
At 31 May 2024
25,749
58,952
84,701
At 1 June 2023
20,811
22,034
42,845
Charge for the year
1,234
9,230
10,464
At 31 May 2024
22,045
31,264
53,309
At 31 May 2024
3,704
27,688
31,392
At 31 May 2023
4,112
36,918
41,030
Amounts falling due within one year
Knight Renovations Limited
Notes to the Accounts
for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
26,696
29,568
Trade creditors
810
12,820
Taxes and social security
5,211
11,785
Other creditors
20,086
750
Loans from directors
-
38,860
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).