| Knight Accountants Limited |
| Registered Number:06023133 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
Knight Accountants Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
Knight Accountants Limited
Statement of Financial Position
2024
2025
| Property, plant and equipment |
74,762
62,673
2
-
11,138
3
85,900
62,673
| Trade and other receivables |
2,005,972
2,637,943
4
88,900
| Cash and cash equivalents |
70,582
2,708,525
2,094,872
| Trade and other payables: amounts falling due within one |
| year |
(212,946)
(301,215)
5
1,881,926
2,407,310
Net current assets
| Total assets less current liabilities |
2,493,210
1,944,599
2,493,210
Net assets
1,944,599
6
6
2,493,204
1,944,593
2,493,210
1,944,599
Shareholders' funds
| For the year ended 31 March 2025 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
| The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 24 July 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
Knight Accountants Limited
Notes to the Financial Statements
Statutory Information
| Knight Accountants Limited is a private limited company, limited by shares, domiciled in England and Wales, |
| registration number 06023133. |
2-6
Sedlescombe Road North
St. Leonards-On-Sea
TN37 7DG
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
| modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
| 2. Property, plant and equipment |
97,270
51,792
45,478
19,695
14,195
5,500
50,978
65,987
116,965
| Provision for depreciation and impairment |
34,597
29,403
5,194
Charge for year
7,606
5,567
2,039
42,203
34,970
7,233
43,745
31,017
74,762
40,284
22,389
62,673
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For the year ended 31 March 2025
Knight Accountants Limited
Notes to the Financial Statements Continued
| 3. Investments held as fixed assets |
11,138
11,138
11,138
11,138
11,138
11,138
| 4. Trade and other receivables |
2024
2025
147,605
128,260
| Amounts owed by group undertakings and participating interests |
2,486,904
1,874,524
3,434
3,188
2,005,972
2,637,943
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
-
3,372
| Taxation and social security |
272,282
208,909
28,933
665
301,215
212,946
| 6. Related party transactions |
| At the year end, there was an amount owed of £2,486,904 (2024: £1,873,819) by Fort Knight Invest Limited, a |
| company under common control. |
| 7. Average number of persons employed |
During the year the average number of employees was 12 (2024 : 8)
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