Caseware UK (AP4) 2023.0.135 2023.0.135 2024-10-312024-10-312023-11-01falseNo description of principal activity84falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 08242528 2023-11-01 2024-10-31 08242528 2022-11-01 2023-10-31 08242528 2024-10-31 08242528 2023-10-31 08242528 c:Director1 2023-11-01 2024-10-31 08242528 c:Director1 2024-10-31 08242528 c:Director2 2023-11-01 2024-10-31 08242528 c:Director2 2024-10-31 08242528 c:Director3 2023-11-01 2024-10-31 08242528 c:Director3 2024-10-31 08242528 c:Director4 2023-11-01 2024-10-31 08242528 c:Director4 2024-10-31 08242528 c:RegisteredOffice 2023-11-01 2024-10-31 08242528 d:MotorVehicles 2023-11-01 2024-10-31 08242528 d:MotorVehicles 2024-10-31 08242528 d:MotorVehicles 2023-10-31 08242528 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08242528 d:OfficeEquipment 2023-11-01 2024-10-31 08242528 d:OfficeEquipment 2024-10-31 08242528 d:OfficeEquipment 2023-10-31 08242528 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08242528 d:OwnedOrFreeholdAssets 2023-11-01 2024-10-31 08242528 d:CurrentFinancialInstruments 2024-10-31 08242528 d:CurrentFinancialInstruments 2023-10-31 08242528 d:Non-currentFinancialInstruments 2024-10-31 08242528 d:Non-currentFinancialInstruments 2023-10-31 08242528 d:CurrentFinancialInstruments d:WithinOneYear 2024-10-31 08242528 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 08242528 d:Non-currentFinancialInstruments d:AfterOneYear 2024-10-31 08242528 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 08242528 d:ShareCapital 2024-10-31 08242528 d:ShareCapital 2023-10-31 08242528 d:RetainedEarningsAccumulatedLosses 2024-10-31 08242528 d:RetainedEarningsAccumulatedLosses 2023-10-31 08242528 c:OrdinaryShareClass1 2023-11-01 2024-10-31 08242528 c:OrdinaryShareClass1 2024-10-31 08242528 c:OrdinaryShareClass1 2023-10-31 08242528 c:OrdinaryShareClass2 2023-11-01 2024-10-31 08242528 c:OrdinaryShareClass2 2024-10-31 08242528 c:OrdinaryShareClass2 2023-10-31 08242528 c:FRS102 2023-11-01 2024-10-31 08242528 c:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 08242528 c:FullAccounts 2023-11-01 2024-10-31 08242528 c:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 08242528 e:PoundSterling 2023-11-01 2024-10-31 iso4217:GBP xbrli:shares xbrli:pure
Registered number: 08242528










ALAN KNOX LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

 
ALAN KNOX LTD
 

COMPANY INFORMATION


Directors
Mr A B Knox (resigned 30 April 2024)
Mrs S E Knox (resigned 30 April 2024)
Mr G A Paton (appointed 30 April 2024)
Mr C Harrison (appointed 30 April 2024)




Registered number
08242528



Registered office
71-75 Shelton Street
Covent Garden

London

WC2H 9JQ




Accountants
EQ Accountants Limited
Chartered Accountants

Pentland House

Saltire Centre

Glenrothes

Fife

KY6 2AH





 
ALAN KNOX LTD
REGISTERED NUMBER: 08242528

STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2024

2024
2023
£
£

Fixed assets
  

Tangible assets
 4 
25,167
8,101

  
25,167
8,101

Current assets
  

Debtors: amounts falling due within one year
 5 
94,456
98,411

Bank and cash balances
  
105,299
44,423

  
199,755
142,834

Creditors: amounts falling due within one year
 6 
(120,432)
(55,117)

Net current assets
  
 
 
79,323
 
 
87,717

Total assets less current liabilities
  
104,490
95,818

Creditors: amounts falling due after more than one year
 7 
(13,065)
-

Provisions for liabilities
  

Deferred tax
  
(6,292)
(2,025)

  
 
 
(6,292)
 
 
(2,025)

Net assets
  
85,133
93,793


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
85,131
93,791

  
85,133
93,793


Page 1

 
ALAN KNOX LTD
REGISTERED NUMBER: 08242528

STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Mr G A Paton
Mr C Harrison
Director
Director


Date: 11 March 2025

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
ALAN KNOX LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

1.


General information

Alan Knox Ltd is a private company, limited by shares, incorporated in England with registration number 08242528. The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ. The trading address is Office 28 & 29, Kirkcaldy Incubator Centre, Myregormie Place, Kirkcaldy, KY1 3NA.
The financial statements are presented in Sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
ALAN KNOX LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.


Page 4

 
ALAN KNOX LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using straight line and reducing balance method..

Depreciation is provided on the following basis:

Motor vehicles
-
25%
Reducing balance
Office equipment
-
33%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 
2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 5

 
ALAN KNOX LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

2.Accounting policies (continued)


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2023 - 4).


4.


Tangible fixed assets





Motor vehicles
Office equipment
Total

£
£
£



Cost or valuation


At 1 November 2023
23,041
11,053
34,094


Additions
64,490
513
65,003


Disposals
(56,036)
-
(56,036)



At 31 October 2024

31,495
11,566
43,061



Depreciation


At 1 November 2023
15,921
10,072
25,993


Charge for the year on owned assets
10,474
593
11,067


Disposals
(19,166)
-
(19,166)



At 31 October 2024

7,229
10,665
17,894



Net book value



At 31 October 2024
24,266
901
25,167



At 31 October 2023
7,120
981
8,101


5.


Debtors

2024
2023
£
£


Trade debtors
87,635
92,070

Prepayments and accrued income
6,821
6,341

94,456
98,411


Page 6

 
ALAN KNOX LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,052
673

Other taxation and social security
111,665
52,588

Obligations under finance lease and hire purchase contracts
5,769
-

Other creditors
46
46

Accruals and deferred income
1,900
1,810

120,432
55,117


The net obligations under hire purchase contracts balance of £5,769 (2023: Nil) is secured over the asset which they relate to.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Net obligations under finance leases and hire purchase contracts
13,065
-

13,065
-


The net obligations under hire purchase contracts balance of £13,065 (2023: Nil) is secured over the assets which they relate to.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1 (2023 - 1) A share of £1.00
1
1
1 (2023 - 1) Ordinary share of £1.00
1
1

2

2



9.


Controlling Party

From 30 April 2024 the ultimate controlling party was Alan Knox Holdings, a company incorporated in Scotland; Registered number SC804993. The registered office is Pentland House, Saltire Centre, Glenrothes, KY6 2AH. 


Page 7