0 16/02/2024 15/02/2025 2025-02-15 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2024-02-16 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 04271603 2024-02-16 2025-02-15 04271603 2025-02-15 04271603 2024-02-15 04271603 2023-02-16 2024-02-15 04271603 2024-02-15 04271603 2023-02-15 04271603 bus:RegisteredOffice 2024-02-16 2025-02-15 04271603 bus:LeadAgentIfApplicable 2024-02-16 2025-02-15 04271603 bus:Director1 2024-02-16 2025-02-15 04271603 bus:Director2 2024-02-16 2025-02-15 04271603 bus:Director3 2024-02-16 2025-02-15 04271603 core:RetainedEarningsAccumulatedLosses 2023-02-16 2024-02-15 04271603 core:RetainedEarningsAccumulatedLosses 2024-02-16 2025-02-15 04271603 core:WithinOneYear 2025-02-15 04271603 core:WithinOneYear 2024-02-15 04271603 core:ShareCapital 2025-02-15 04271603 core:ShareCapital 2024-02-15 04271603 core:RetainedEarningsAccumulatedLosses 2024-02-15 04271603 core:ShareCapital 2023-02-15 04271603 core:RetainedEarningsAccumulatedLosses 2023-02-15 04271603 core:PreviouslyStatedAmount core:ShareCapital 2025-02-15 04271603 bus:SmallEntities 2024-02-16 2025-02-15 04271603 bus:AuditExempt-NoAccountantsReport 2024-02-16 2025-02-15 04271603 bus:SmallCompaniesRegimeForAccounts 2024-02-16 2025-02-15 04271603 bus:PrivateLimitedCompanyLtd 2024-02-16 2025-02-15 04271603 bus:FullAccounts 2024-02-16 2025-02-15 04271603 core:CapitalReserve 2024-02-16 2025-02-15 04271603 core:CapitalReserve 2025-02-15
Company registration number: 04271603
Knowl Piece Services Limited
Unaudited filleted financial statements
15 February 2025
Knowl Piece Services Limited
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
Knowl Piece Services Limited
Directors and other information
Directors Mr C J Burgess
Mr K A Lauder
Mr J Hill
Company number 04271603
Registered office First Floor
99 Bancroft
Hitchin
Hertfordshire
SG5 1NQ
Accountants Hicks and Company
First Floor
99 Bancroft
Hitchin
Hertfordshire
SG5 1NQ
Bankers Natwest
12 High Street
Hertfordshire
SG5 1BW
Knowl Piece Services Limited
Statement of financial position
15 February 2025
2025 2024
Note £ £ £ £
Current assets
Debtors 4 3,974 1,179
Cash at bank and in hand 14,639 15,800
_______ _______
18,613 16,979
Creditors: amounts falling due
within one year 5 ( 3,304) ( 2,137)
_______ _______
Net current assets 15,309 14,842
_______ _______
Total assets less current liabilities 15,309 14,842
_______ _______
Net assets 15,309 14,842
_______ _______
Capital and reserves
Called up share capital 14 14
Repair reserve 15,295 -
Profit and loss account - 14,828
_______ _______
Shareholders funds 15,309 14,842
_______ _______
For the year ending 15 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 July 2025 , and are signed on behalf of the board by:
Mr J Hill
Director
Company registration number: 04271603
Knowl Piece Services Limited
Statement of changes in equity
Year ended 15 February 2025
Called up share capital Repair reserve Profit and loss account Total
£ £ £ £
At 16 February 2023 14 - 14,705 14,719
Profit for the year 123 123
_______ _______ _______ _______
Total comprehensive income for the year - - 123 123
_______ _______ _______ _______
At 15 February 2024 and 16 February 2024 14 - 14,828 14,842
Profit for the year 467 467
Other comprehensive income for the year:
Transfer between reserves - 15,295 ( 15,295) -
_______ _______ _______ _______
Total comprehensive income for the year - 15,295 ( 14,828) 467
_______ _______ _______ _______
At 15 February 2025 14 15,295 - 15,309
_______ _______ _______ _______
Knowl Piece Services Limited
Notes to the financial statements
Year ended 15 February 2025
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is First Floor, 99 Bancroft, Hitchin, Hertfordshire, SG5 1NQ.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is the total amount receiveable by the company from landlords to equitably spread the costs of maintaining and managing the property.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Debtors
2025 2024
£ £
Service charge arrears 3,960 1,165
Other debtors 14 14
_______ _______
3,974 1,179
_______ _______
5. Creditors: amounts falling due within one year
2025 2024
£ £
Corporation tax - 39
Other creditors 3,304 2,098
_______ _______
3,304 2,137
_______ _______