Company Registration No. 08553527 (England and Wales)
Knitster Limited
Unaudited accounts
for the year ended 30 June 2024
Knitster Limited
Unaudited accounts
Contents
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
Knitster Limited
Statement of financial position
as at 30 June 2024
Tangible assets
27,934
42,540
Cash at bank and in hand
14,028
21,339
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
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
Knitster Limited
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
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
At 30 June 2024
79,038
1,514
80,552
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
At 30 June 2024
26,912
1,022
27,934
At 30 June 2023
41,769
771
42,540
Knitster Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
23,899
73,297
Accrued income and prepayments
-
(3,891)
Amounts falling due after more than one year
Accrued income and prepayments
2,200
2,200
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Creditors: amounts falling due within one year
2024
2023
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
7
Creditors: amounts falling due after more than one year
2024
2023
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Average number of employees
During the year the average number of employees was 2 (2023: 2).