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REGISTERED NUMBER: 05943010 (England and Wales)










Unaudited Financial Statements for the Year Ended 30 September 2024

for

Knightcott Surface Solutions Limited

Knightcott Surface Solutions Limited (Registered number: 05943010)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Knightcott Surface Solutions Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Ian Roberts





REGISTERED OFFICE: Unit 7
Knightcott Industrial Estate
Banwell
Weston-Super-Mare
BS29 6JN





REGISTERED NUMBER: 05943010 (England and Wales)





ACCOUNTANTS: Robert Lewis Accountants
4 Capricorn Centre
Cranes Farm Road
Basildon
Essex
SS14 3JJ

Knightcott Surface Solutions Limited (Registered number: 05943010)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 9,955 15,879

CURRENT ASSETS
Stocks 31,943 29,563
Debtors 5 34,837 39,063
66,780 68,626
CREDITORS
Amounts falling due within one year 6 112,426 88,991
NET CURRENT LIABILITIES (45,646 ) (20,365 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(35,691

)

(4,486

)

CREDITORS
Amounts falling due after more than one
year

7

(10,723

)

(20,702

)

PROVISIONS FOR LIABILITIES (1,843 ) (2,958 )
NET LIABILITIES (48,257 ) (28,146 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (48,259 ) (28,148 )
SHAREHOLDERS' FUNDS (48,257 ) (28,146 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Knightcott Surface Solutions Limited (Registered number: 05943010)

Balance Sheet - continued
30 September 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 director and authorised for issue on 13 May 2025 and were signed by:





Ian Roberts - Director


Knightcott Surface Solutions Limited (Registered number: 05943010)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Knightcott Surface Solutions 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.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 year 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.

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 ) .

Knightcott Surface Solutions Limited (Registered number: 05943010)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023 64,140
Additions 204
At 30 September 2024 64,344
DEPRECIATION
At 1 October 2023 48,261
Charge for year 6,128
At 30 September 2024 54,389
NET BOOK VALUE
At 30 September 2024 9,955
At 30 September 2023 15,879

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 19,911 22,321
Other debtors 14,926 16,742
34,837 39,063

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 9,395 10,735
Hire purchase contracts 3,978 3,978
Trade creditors 30,798 27,069
Taxation and social security 1,150 204
Other creditors 67,105 47,005
112,426 88,991

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 3,580 9,580
Hire purchase contracts 7,143 11,122
10,723 20,702

8. ULTIMATE CONTROLLING PARTY

The company is controlled by Mr Ian Roberts by virtue of a major shareholding.