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REGISTERED NUMBER: 12074506 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 JUNE 2024

FOR

KNOX SURVEYORS LTD

KNOX SURVEYORS LTD (REGISTERED NUMBER: 12074506)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


KNOX SURVEYORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 JUNE 2024







DIRECTOR: C Knox





REGISTERED OFFICE: 40 Arundel Close
London
E15 1UH





REGISTERED NUMBER: 12074506 (England and Wales)





ACCOUNTANTS: MDG Business Associates Limited
Room 73
Wrest House
Wrest Park
Silsoe
Bedfordshire
MK45 4HR

KNOX SURVEYORS LTD (REGISTERED NUMBER: 12074506)

BALANCE SHEET
29 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 199 1,876

CURRENT ASSETS
Stocks - 16,050
Debtors 6 343 11,998
Cash at bank 3 988
346 29,036
CREDITORS
Amounts falling due within one year 7 4,403 10,178
NET CURRENT (LIABILITIES)/ASSETS (4,057 ) 18,858
TOTAL ASSETS LESS CURRENT LIABILITIES (3,858 ) 20,734

CREDITORS
Amounts falling due after more than one year 8 25,420 24,845
NET LIABILITIES (29,278 ) (4,111 )

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings (29,279 ) (4,112 )
SHAREHOLDERS' FUNDS (29,278 ) (4,111 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 June 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.

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 22 March 2025 and were signed by:





C Knox - Director


KNOX SURVEYORS LTD (REGISTERED NUMBER: 12074506)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 JUNE 2024

1. STATUTORY INFORMATION

Knox Surveyors Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Plant, equipment and machinery - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Bounce back loan scheme
The Bounce Back Loan Scheme (BBLS) enables smaller businesses to access finance more quickly during the coronavirus outbreak. The scheme helps small and medium-sized businesses to borrow between £2,000 and up to 25% of their turnover. The maximum loan available was £50,000. The government guarantees 100% of the loan and there are no fees or interest to pay for the first 12 months. After 12 months the interest rate will be 2.5% a year.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

KNOX SURVEYORS LTD (REGISTERED NUMBER: 12074506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024

5. TANGIBLE FIXED ASSETS
Plant,
Fixtures equipment
and and
fittings machinery Totals
£    £    £   
Cost
At 30 June 2023
and 29 June 2024 500 7,676 8,176
Depreciation
At 30 June 2023 139 6,161 6,300
Charge for year 167 1,510 1,677
At 29 June 2024 306 7,671 7,977
Net book value
At 29 June 2024 194 5 199
At 29 June 2023 361 1,515 1,876

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 343 -
Director's loan account - 11,998
343 11,998

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,480 3,480
Tax - 5,498
Social security and other taxes 283 -
Director's loan account 40 -
Accruals and deferred income 600 1,200
4,403 10,178

The bank loan is undertaken under the Bounce Back Loan Scheme. The loan is 100% government guaranteed with interest charged at 2.5% per annum from year 2.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 25,420 24,845

The bank loan is undertaken under the Bounce Back Loan Scheme. The loan is 100% government guaranteed with interest charged at 2.5% per annum from year 2.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

KNOX SURVEYORS LTD (REGISTERED NUMBER: 12074506)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 JUNE 2024

10. RELATED PARTY DISCLOSURES

Included within creditors is an amount of £40 (2023: debtor £11,998) due from the company to C Knox, director. Interest of £Nil (2023: £293) has been charged on this balance during the year.