REGISTERED NUMBER: |
Abridged Unaudited Financial Statements |
for the Period 28 December 2023 to 31 December 2024 |
for |
Kight Power Limited |
REGISTERED NUMBER: |
Abridged Unaudited Financial Statements |
for the Period 28 December 2023 to 31 December 2024 |
for |
Kight Power Limited |
Kight Power Limited (Registered number: 15372877) |
Contents of the Financial Statements |
for the Period 28 December 2023 to 31 December 2024 |
Page |
Abridged Balance Sheet | 1 |
Notes to the Financial Statements | 2 |
Kight Power Limited (Registered number: 15372877) |
Abridged Balance Sheet |
31 December 2024 |
£ |
CURRENT ASSETS |
Debtors |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CAPITAL AND RESERVES |
Called up share capital |
The directors acknowledge their 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 were approved by the Board of Directors and authorised for issue on |
Kight Power Limited (Registered number: 15372877) |
Notes to the Financial Statements |
for the Period 28 December 2023 to 31 December 2024 |
1. | STATUTORY INFORMATION |
Kight Power Limited is a |
Registered number: |
Registered office: |
The presentation currency of the financial statements is the Pound Sterling (£). |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Related party exemption |
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. |
Taxation |
Taxation for the period 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. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Kight Power Limited (Registered number: 15372877) |
Notes to the Financial Statements - continued |
for the Period 28 December 2023 to 31 December 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was NIL. |
4. | ULTIMATE CONTROLLING PARTY |
PARENT COMPANY |
The parent company is Kight Power Holdco Limited, whose registered office is 26 Sansome Walk, Worcester, WR1 1LX. |
ULTIMATE CONTROLLING PARTY |
The ultimate controlling party is Mr L M Fagg by virtue of his controlling interest in the ultimate parent company. |