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REGISTERED NUMBER: 03809060 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

T A Knox Limited

T A Knox Limited (Registered number: 03809060)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T A Knox Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: J Knox





REGISTERED OFFICE: Hollingworth Road
Bredbury
Stockport
Cheshire
SK6 2AR





REGISTERED NUMBER: 03809060 (England and Wales)





ACCOUNTANTS: Pareto Tax & Wealth LLP
The Old Schoolhouse
5-7 Byrom Street
Manchester
M3 4PF

T A Knox Limited (Registered number: 03809060)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 102,380 114,155

CURRENT ASSETS
Debtors 5 2,464,874 688,328
Cash at bank 1,781,691 1,577,262
4,246,565 2,265,590
CREDITORS
Amounts falling due within one year 6 2,722,396 644,069
NET CURRENT ASSETS 1,524,169 1,621,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,626,549

1,735,676

CREDITORS
Amounts falling due after more than one
year

7

(15,381

)

(16,070

)

PROVISIONS FOR LIABILITIES (5,404 ) (16,910 )
NET ASSETS 1,605,764 1,702,696

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings 1,605,562 1,702,494
SHAREHOLDERS' FUNDS 1,605,764 1,702,696

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

T A Knox Limited (Registered number: 03809060)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 March 2025 and were signed by:





J Knox - Director


T A Knox Limited (Registered number: 03809060)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

T A Knox Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually upon dispatch), the amount of the revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, the revenue is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost, 25% on reducing balance and 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

T A Knox Limited (Registered number: 03809060)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2023 - 29 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 372,647
Additions 44,234
At 31 December 2024 416,881
DEPRECIATION
At 1 January 2024 258,492
Charge for year 56,009
At 31 December 2024 314,501
NET BOOK VALUE
At 31 December 2024 102,380
At 31 December 2023 114,155

T A Knox Limited (Registered number: 03809060)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 January 2024 68,548
Additions 18,490
Transfer to ownership (32,493 )
At 31 December 2024 54,545
DEPRECIATION
At 1 January 2024 29,002
Charge for year 11,449
Transfer to ownership (16,384 )
At 31 December 2024 24,067
NET BOOK VALUE
At 31 December 2024 30,478
At 31 December 2023 39,546

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 1,699,475 282,049
Other debtors 765,399 406,279
2,464,874 688,328

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 7,862 16,565
Trade creditors 1,124,315 192,173
Taxation and social security 1,242,919 416,265
Other creditors 347,300 19,066
2,722,396 644,069

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 15,381 16,070

T A Knox Limited (Registered number: 03809060)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

8. RELATED PARTY DISCLOSURES

At 31 December 2024 the company was owed £345,421 (2023: £345,421) by S & J Knox Limited, the intermediate holding company of T A Knox Limited.
The amount is interest free and repayable upon demand.

At 31 December 2024 the company was owed £25,000 by TA Knox Group Limited, the ultimate holding company of T A Knox Limited.
The amount is interest free and repayable upon demand.




9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J Knox.