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Company Registration No. 08553527 (England and Wales)
Knitster Limited Unaudited accounts for the year ended 30 June 2024
Knitster Limited Unaudited accounts Contents
Page
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Knitster Limited Company Information for the year ended 30 June 2024
Directors
Aysen Bayram Emma Claire McClelland
Company Number
08553527 (England and Wales)
Registered Office
44 NIGEL ROAD LONDON E7 8AN ENGLAND
Accountants
Yash & Co. Accountants 44 Nigel Road Forest Gate London E7 8AN
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Knitster Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,934 
42,540 
Current assets
Inventories
41,864 
41,864 
Debtors
26,553 
71,606 
Cash at bank and in hand
14,028 
21,339 
82,445 
134,809 
Creditors: amounts falling due within one year
(91,843)
(103,582)
Net current (liabilities)/assets
(9,398)
31,227 
Total assets less current liabilities
18,536 
73,767 
Creditors: amounts falling due after more than one year
(44,299)
(26,297)
Net (liabilities)/assets
(25,763)
47,470 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(25,863)
47,370 
Shareholders' funds
(25,763)
47,470 
For the year ending 30 June 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 27 March 2025 and were signed on its behalf by
Aysen Bayram Director Company Registration No. 08553527
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Knitster Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Knitster Limited is a private company, limited by shares, registered in England and Wales, registration number 08553527. The registered office is 44 NIGEL ROAD, LONDON, E7 8AN, 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.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
78,088 
1,203 
79,291 
Additions
950 
311 
1,261 
At 30 June 2024
79,038 
1,514 
80,552 
Depreciation
At 1 July 2023
36,319 
432 
36,751 
Charge for the year
15,807 
60 
15,867 
At 30 June 2024
52,126 
492 
52,618 
Net book value
At 30 June 2024
26,912 
1,022 
27,934 
At 30 June 2023
41,769 
771 
42,540 
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Knitster Limited Notes to the Accounts for the year ended 30 June 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
23,899 
73,297 
Accrued income and prepayments
- 
(3,891)
Other debtors
454 
- 
24,353 
69,406 
Amounts falling due after more than one year
Accrued income and prepayments
2,200 
2,200 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,890 
5,211 
Trade creditors
29,974 
31,584 
Taxes and social security
928 
807 
Other creditors
46,443 
1,800 
Loans from directors
17,680 
64,180 
Accruals
(6,072)
- 
91,843 
103,582 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
17,531 
26,297 
Other creditors
26,768 
- 
44,299 
26,297 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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