Company Registration No. 08788130 (England and Wales)
Knight Specialist Services Ltd
Unaudited accounts
for the year ended 30 November 2024
Knight Specialist Services Ltd
Unaudited accounts
Contents
Knight Specialist Services Ltd
Company Information
for the year ended 30 November 2024
Director
Michael Richard Knight
Company Number
08788130 (England and Wales)
Registered Office
32 Highcroft
Hyde
Cheshire
SK14 5LE
England
Accountants
T Swindells Ltd
Swindells Fold
Brookfold Lane
Hyde
Cheshire
SK14 3BQ
Knight Specialist Services Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
10,096
11,635
Cash at bank and in hand
3,122
6,170
Creditors: amounts falling due within one year
(7,127)
(10,086)
Net current (liabilities)/assets
(3,210)
524
Total assets less current liabilities
6,886
12,159
Creditors: amounts falling due after more than one year
(4,443)
(6,131)
Called up share capital
4
4
Profit and loss account
2,439
6,024
Shareholders' funds
2,443
6,028
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 4 April 2025 and were signed on its behalf by
Michael Richard Knight
Director
Company Registration No. 08788130
Knight Specialist Services Ltd
Notes to the Accounts
for the year ended 30 November 2024
Knight Specialist Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 08788130. The registered office is 32 Highcroft, Hyde, Cheshire, SK14 5LE, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% per annum reducing balance
Motor vehicles
20% per annum reducing balance
Computer equipment
20% per annum reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
3,039
15,335
4,759
23,133
At 30 November 2024
3,294
15,335
5,258
23,887
At 1 December 2023
2,501
5,929
3,068
11,498
Charge for the year
150
1,881
262
2,293
At 30 November 2024
2,651
7,810
3,330
13,791
At 30 November 2024
643
7,525
1,928
10,096
At 30 November 2023
538
9,406
1,691
11,635
Knight Specialist Services Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
1,688
1,688
Trade creditors
3,240
2,164
Taxes and social security
5,279
4,895
Other creditors
1,000
1,000
Loans from directors
(4,080)
339
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,443
6,131
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
1 Ordinary A shares of £1 each
1
1
1 Ordinary B shares of £1 each
1
1
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to director
(339)
4,421
-
4,082
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).