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REGISTERED NUMBER: 04528820 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

P. W. Knowles Construction Limited

P. W. Knowles Construction Limited (Registered number: 04528820)






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


P. W. Knowles Construction Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: P Knowles





SECRETARY: M Ismail





REGISTERED OFFICE: 135 Albemarle Road
Flat 4
Beckenham
Kent
BR3 5FE





REGISTERED NUMBER: 04528820 (England and Wales)






P. W. Knowles Construction Limited (Registered number: 04528820)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,023 2,406

CURRENT ASSETS
Stocks 131,822 127,544
Debtors 5 573,705 152,426
Prepayments and accrued income 4,041 5,841
Cash at bank and in hand 18,434 14,168
728,002 299,979
CREDITORS
Amounts falling due within one year 6 566,318 217,159
NET CURRENT ASSETS 161,684 82,820
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,707

85,226

CREDITORS
Amounts falling due after more than one
year

7

28,720

43,051
NET ASSETS 134,987 42,175

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 134,887 42,075
SHAREHOLDERS' FUNDS 134,987 42,175

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.

P. W. Knowles Construction Limited (Registered number: 04528820)

Balance Sheet - continued
31 March 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 27 June 2025 and were signed by:





P Knowles - Director


P. W. Knowles Construction Limited (Registered number: 04528820)

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

1. STATUTORY INFORMATION

P. W. Knowles Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Plant and machinery etc - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

P. W. Knowles Construction Limited (Registered number: 04528820)

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

2. ACCOUNTING POLICIES - continued

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Financial Instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction cost. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors and loans are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 2 ) .

P. W. Knowles Construction Limited (Registered number: 04528820)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 14,015
Additions 291
At 31 March 2024 14,306
DEPRECIATION
At 1 April 2023 11,609
Charge for year 674
At 31 March 2024 12,283
NET BOOK VALUE
At 31 March 2024 2,023
At 31 March 2023 2,406

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 120,742 42,907
Other debtors 452,963 109,519
573,705 152,426

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 31,668 29,869
Trade creditors 183,742 50,282
Taxation and social security 174,679 61,041
Other creditors 176,229 75,967
566,318 217,159

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 28,720 36,176
Other creditors - 6,875
28,720 43,051

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 955 12,602