KNIGHT JAMES ASSOCIATES LTD

Company Registration Number:
07704870 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

KNIGHT JAMES ASSOCIATES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Notes

KNIGHT JAMES ASSOCIATES LTD

Balance sheet

As at 30 September 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 4,293 6,835
Investments: 4 40,000 40,000
Total fixed assets: 44,293 46,835
Current assets
Debtors: 5 424,037 353,063
Cash at bank and in hand: 34,572 38,209
Total current assets: 458,609 391,272
Creditors: amounts falling due within one year: 6 (148,156) (135,399)
Net current assets (liabilities): 310,453 255,873
Total assets less current liabilities: 354,746 302,708
Creditors: amounts falling due after more than one year: 7 (7,186) (17,685)
Total net assets (liabilities): 347,560 285,023
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 347,559 285,022
Shareholders funds: 347,560 285,023

The notes form part of these financial statements

KNIGHT JAMES ASSOCIATES LTD

Balance sheet statements

For the year ending 30 September 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: Mr P J Basson
Status: Director

The notes form part of these financial statements

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Tangible fixed assets and depreciation policy

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures, fittings & equipment 20% Straight Line Computer equipment 25% Straight Line

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

2. Employees

2024 2023
Average number of employees during the period 7 6

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible Assets

Total
Cost £
At 01 October 2023 21,742
Additions 714
Disposals (679)
At 30 September 2024 21,777
Depreciation
At 01 October 2023 14,907
Charge for year 3,072
On disposals (495)
At 30 September 2024 17,484
Net book value
At 30 September 2024 4,293
At 30 September 2023 6,835

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Fixed investments

Other investments other than loans £40,000 (2023: £40,000)

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

Amounts falling due within one year: Trade debtors £50,527 (2023: £31,932) Corporation tax recoverable £88,140 (2023: £74,887) Other debtors £285,370(2023: £246,244)

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Creditors: amounts falling due within one year note

Bank Loans £10,168 (2023: £9,748)Trade creditors £68,639 (2023: £57,446)Corporation tax £52,883 (2023: £54,728)Other taxation and social security £4,488 (2023: £2,859)Other creditors £11,978 (2023: £10,618)

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due after more than one year note

Bank loans and overdrafts £7,186 (2023: £17,685)

KNIGHT JAMES ASSOCIATES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

8. Related party transactions

Name of the related party: Knight James Ltd
Relationship:
Common control
Description of the Transaction: Loan bearing no interest and repayable on demand
£
Balance at 01 October 2023 1,621
Balance at 30 September 2024 1,621