2024-01-01 SC352539 2024-12-31 SC352539 2024-01-01 2024-12-31 SC352539 2023-12-31 SC352539 2023-01-01 2023-12-31 SC352539 uk-core:WithinOneYear 2023-12-31 SC352539 uk-core:WithinOneYear 2024-12-31 SC352539 uk-core:AfterOneYear 2023-12-31 SC352539 uk-core:AfterOneYear 2024-12-31 SC352539 uk-core:ShareCapital 2024-12-31 SC352539 uk-core:ShareCapital 2023-12-31 SC352539 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 SC352539 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 SC352539 uk-bus:Director1 2024-01-01 2024-12-31 SC352539 uk-core:ToolsEquipment 2023-12-31 SC352539 uk-core:FurnitureFittings 2023-12-31 SC352539 uk-core:MotorVehicles 2023-12-31 SC352539 uk-core:ToolsEquipment 2024-01-01 2024-12-31 SC352539 uk-core:FurnitureFittings 2024-01-01 2024-12-31 SC352539 uk-core:MotorVehicles 2024-01-01 2024-12-31 SC352539 uk-core:MotorVehicles 2024-12-31 SC352539 uk-core:FurnitureFittings 2024-12-31 SC352539 uk-core:ToolsEquipment 2024-12-31 SC352539 uk-core:WithinOneYear 2024-12-31 SC352539 uk-core:WithinOneYear 2023-12-31 SC352539 uk-core:AfterOneYear uk-core:Secured 2024-12-31 SC352539 uk-core:AfterOneYear uk-core:Secured 2023-12-31 iso4217:GBP xbrli:pure SC352539 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 SC352539 uk-bus:FRS102 2024-01-01 2024-12-31 SC352539 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 SC352539 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Knight Errand Limited
Registered Number:SC352539
For the year ended 31 December 2024
Scotland
Unaudited Financial Statements
2
Registered Number :
SC352539
As at 31 December 2024
Knight Errand Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,785
3,895
2
3,785
3,895
Current assets
Trade and other receivables
1,487
1,107
3
1,107
1,487
Trade and other payables: amounts falling due within one
year
(3,526)
(3,120)
4
(2,039)
(2,013)
Net current liabilities
Total assets less current liabilities
1,772
1,856
Trade and other payables: amounts falling due after more
than one year
(1,066)
-
5
1,772
Net assets
790
Capital and reserves
Called up share capital
100
100
Retained earnings
1,672
690
1,772
790
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
S Forsyth Director
These financial statements were approved and authorised for issue by the Board on 01 May 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 31 December 2024
Knight Errand Limited
Notes to the Financial Statements
Statutory Information
Knight Errand Limited is a private limited company, limited by shares, domiciled in Scotland, registration number
SC352539.
Registered address:
Solano
Stirling Road
Dumbarton
G82 2PF
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Vehicles, fixtures & fittings, and computer equipment:- 20% per annum on a reducing balance basis
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
£
£
£
£
Cost or
valuation
At 01 January 2024
11,565
2,151
1,604
7,810
1,057
1,057
-
-
Additions
At 31 December 2024
7,810
1,604
3,208
12,622
Provision for depreciation and impairment
At 01 January 2024
7,670
1,674
1,384
4,612
Charge for year
1,167
307
220
640
At 31 December 2024
8,837
1,981
1,604
5,252
At 31 December 2024
Net book value
2,558
-
1,227
3,785
At 31 December 2023
3,198
220
477
3,895
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For the year ended 31 December 2024
Knight Errand Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
1,107
1,487
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
1,482
2,155
Taxation and social security
346
314
Other creditors
1,292
1,057
3,120
3,526
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
-
1,066
6. Average number of persons employed
During the year the average number of employees was 0
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