Company registration number: 08458808
Unaudited financial statements
for the year ended 31 March 2025
for
K & J Knight Tunnelling Ltd
Pages for filing with the Registrar
K & J Knight Tunnelling Ltd
Accountants' Report to the Director for the preparation of the unaudited financial
statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of K & J Knight Tunnelling Ltd for the year ended 31 March 2025 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Director of K & J Knight Tunnelling Ltd, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of K & J Knight Tunnelling Ltd and state those matters that we have agreed to state to them in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K & J Knight Tunnelling Ltd and its Director for our work, or for this report.
It is your duty to ensure that K & J Knight Tunnelling Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of K & J Knight Tunnelling Ltd. You consider that K & J Knight Tunnelling Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of K & J Knight Tunnelling Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
AMR Bookkeeping & Accounts Ltd
4 Spur Road
Cosham
Hampshire
PO6 3EB
United Kingdom
Date: 12 August 2025
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Company registration number: 08458808
K & J Knight Tunnelling Ltd
Balance sheet
as at 31 March 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 12,405 15,506
12,405 15,506
Current assets
Stocks 1,091 1,937
Debtors - 240
Cash at bank and in hand 5,601 1,582
6,692 3,759
Creditors: amounts falling due within one
year
(48,009) (37,250)
Net current liabilities (41,317) (33,491)
Total assets less current liabilities (28,912) (17,985)
NET LIABILITIES (28,912) (17,985)
Capital and reserves
Called up share capital 2 2
Profit and loss account (28,914) (17,987)
TOTAL EQUITY (28,912) (17,985)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 08458808
K & J Knight Tunnelling Ltd
Balance sheet - continued
as at 31 March 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr J Knight, Director
12 August 2025
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K & J Knight Tunnelling Ltd
Notes to the financial statements
for the year ended 31 March 2025
1 Company information
K & J Knight Tunnelling Ltd is a private company registered in England and Wales. Its registered number is 08458808. The company is limited by shares. Its registered office is 4 Spur Road, Cosham, Portsmouth, Hampshire, PO6 3EB.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 20% reducing balance
Fixtures & fittings - 20% reducing balance
Motor vehicles - 20% reducing balance
Computer equipment - 20% reducing balance
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3 Average number of employees
During the year the average number of employees was 1 (2024 - 1).
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K & J Knight Tunnelling Ltd
Notes to the financial statements - continued
for the year ended 31 March 2025
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2024 53,590
At 31 March 2025 53,590
Depreciation
At 1 April 2024 38,084
Charge for year 3,101
At 31 March 2025 41,185
Net book value
At 31 March 2025 12,405
At 31 March 2024 15,506
If Fixed assets had not been revalued, Fixed assets would have been included at the following historical cost:
2025 2024
£ £
Cost 53,590 53,480
Accumulated depreciation 38,085 34,209
5 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024.
2025 2024
£ £
Balance outstanding at start of year 36,770 27,166
Amounts advanced - 9,604
Balance outstanding at end of year 36,770 36,770
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