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REGISTERED NUMBER: 10094651 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

KNIGHT FAMILY INVESTMENTS LIMITED

KNIGHT FAMILY INVESTMENTS LIMITED (REGISTERED NUMBER: 10094651)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


KNIGHT FAMILY INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr M K Knight
Mrs L D Knight
Mr K J Knight
Mr S M Knight





REGISTERED OFFICE: Ground Floor Marlborough House,
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 10094651 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

KNIGHT FAMILY INVESTMENTS LIMITED (REGISTERED NUMBER: 10094651)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 12,060 12,060
Investments 5 81 81
12,141 12,141

CURRENT ASSETS
Debtors 6 5,294,742 3,739,289
Cash at bank 5,824 12,841
5,300,566 3,752,130
CREDITORS
Amounts falling due within one year 7 97,282 207,459
NET CURRENT ASSETS 5,203,284 3,544,671
TOTAL ASSETS LESS CURRENT
LIABILITIES

5,215,425

3,556,812

CREDITORS
Amounts falling due after more than one year 8 5,216,206 3,555,044
NET (LIABILITIES)/ASSETS (781 ) 1,768

CAPITAL AND RESERVES
Called up share capital 9 5,006 5,006
Retained earnings 10 (5,787 ) (3,238 )
SHAREHOLDERS' FUNDS (781 ) 1,768

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

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 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.

KNIGHT FAMILY INVESTMENTS LIMITED (REGISTERED NUMBER: 10094651)

BALANCE SHEET - continued
31 DECEMBER 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 June 2025 and were signed on its behalf by:





Mr S M Knight - Director


KNIGHT FAMILY INVESTMENTS LIMITED (REGISTERED NUMBER: 10094651)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Knight Family 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets and amortisation - other intangible
Other intangible assets are Trademarks measured at the cost of acquiring the trademark. Trademarks are not amortised.

Taxation
Taxation for the year 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.

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.

Going concern
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

KNIGHT FAMILY INVESTMENTS LIMITED (REGISTERED NUMBER: 10094651)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 January 2024
and 31 December 2024 12,060
NET BOOK VALUE
At 31 December 2024 12,060
At 31 December 2023 12,060

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.12.24 31.12.23
£    £   
Investments - other b/fwd 81 81

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 5,089,736 3,534,283
Other debtors 205,006 205,006
5,294,742 3,739,289

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 218 194
Corporation tax (598 ) 25,806
Social security and other taxes 48,718 94,674
VAT 47,404 85,385
Accruals and deferred income 1,540 1,400
97,282 207,459

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed to group undertakings 5,216,206 3,555,044

KNIGHT FAMILY INVESTMENTS LIMITED (REGISTERED NUMBER: 10094651)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
5,000 Ordinary Share £1 5,000 5,000
1 Ordinary A Share £1 1 1
1 Ordinary B Share £1 1 1
1 Ordinary C Share £1 1 1
1 Ordinary D Share £1 1 1
1 Ordinary E Share £1 1 1
1 Ordinary F Share £1 1 1
5,006 5,006

10. RESERVES
Retained
earnings
£   

At 1 January 2024 (3,238 )
Deficit for the year (2,549 )
At 31 December 2024 (5,787 )

11. RELATED PARTY DISCLOSURES

Included under current trade debtors are the following balances owed to the company by the related parties:

Amplified Label Services Limited: £611,996 (2023: £406,853)
Toolroom Academy Limited £1,310,522 (2023: £1,039,559)
Toolroom Productions Limited: £3,167,217 (2023: £2,087,870)

Included under other current debtors are amounts owed to the company by its shareholders and a related party:

K K Knight: £1,251 (2023: £1,251)
L D Knight: £1,251 (2023: £1,251)
M K Knight: £252 (2023: £252)
MK Music Limited: £1,000 (2023: £1000)
S M Knight: £1,251 (2023: £1,251)
Toolroom Academy Limited: £200,000 (2023: £200,000)

These loans are not secured, carry no interest and have no fixed terms of repayment.

Included under liabilities due in more than 1 year are loans owed by the company to a related party:

Toolroom Productions Limited: £5,216,206 (2023: £3,555,044)
This loan is not secured, carries no interest and has no fixed terms of repayment.

The ultimate controlling parties are the directors of the company by virtue of the 100% combined shareholding of the company.