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REGISTERED NUMBER: 04138348 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Knaresborough Investments Limited

Knaresborough Investments Limited (Registered number: 04138348)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Knaresborough Investments Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S N Parkin





SECRETARY:





REGISTERED OFFICE: Knaresborough Group
1 City West
Gelderd Road
Leeds
LS12 6NJ





REGISTERED NUMBER: 04138348 (England and Wales)






Knaresborough Investments Limited (Registered number: 04138348)

Balance Sheet
31 March 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 - -
Investments 5 114,664,951 109,186,673
114,664,951 109,186,673

CURRENT ASSETS
Debtors 6 97,325,698 16,162,799
Investments 7 7 80,785,400
Cash in hand 19,070 3,707,874
97,344,775 100,656,073
CREDITORS
Amounts falling due within one year 8 (57,143,737 ) (68,754,361 )
NET CURRENT ASSETS 40,201,038 31,901,712
TOTAL ASSETS LESS CURRENT
LIABILITIES

154,865,989

141,088,385

CAPITAL AND RESERVES
Called up share capital 9,955 9,955
Revaluation reserve 9 (50,333 ) (320,934 )
Fair value reserve 9 (5,141,440 ) (4,806,860 )
Retained earnings 160,047,807 146,206,224
SHAREHOLDERS' FUNDS 154,865,989 141,088,385

Knaresborough Investments Limited (Registered number: 04138348)

Balance Sheet - continued
31 March 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 May 2025 and were signed by:





S N Parkin - Director


Knaresborough Investments Limited (Registered number: 04138348)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Knaresborough Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about Knaresborough Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investment income and other operating income
The investment income and other operating income shown in the profit and loss account represents dividend income received in relation to investments made in listed securities during the year, and the realised gains from such investments.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles - 33% straight line

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Knaresborough Investments Limited (Registered number: 04138348)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 April 2023
and 31 March 2024 14,550
DEPRECIATION
At 1 April 2023
and 31 March 2024 14,550
NET BOOK VALUE
At 31 March 2024 -

5. FIXED ASSET INVESTMENTS
Share in Interest
grp in Other
undertakings associates investments Totals
£    £    £    £   
COST OR VALUATION
At 1 April 2023 753,510 79,260,243 29,172,920 109,186,673
Additions - 5,812,858 - 5,812,858
Revaluations - - (334,580 ) (334,580 )
At 31 March 2024 753,510 85,073,101 28,838,340 114,664,951
NET BOOK VALUE
At 31 March 2024 753,510 85,073,101 28,838,340 114,664,951
At 31 March 2023 753,510 79,260,243 29,172,920 109,186,673


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Other debtors 97,325,698 16,162,799

7. CURRENT ASSET INVESTMENTS
31/3/24 31/3/23
£    £   
Listed investments 7 80,785,400

Knaresborough Investments Limited (Registered number: 04138348)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 537,113 253,978
Amounts owed to group undertakings 975,071 32,943,257
Amounts owed to participating interests 38,011,515 16,773,130
Other creditors 17,620,038 18,783,996
57,143,737 68,754,361

9. RESERVES
Fair
Revaluation value
reserve reserve Totals
£    £    £   
At 1 April 2023 (320,934 ) (4,806,860 ) (5,127,794 )
Revaluation 270,601 (334,580 ) (63,979 )

At 31 March 2024 (50,333 ) (5,141,440 ) (5,191,773 )