Acorah Software Products - Accounts Production 16.1.300 false true 31 August 2023 1 September 2022 false 1 September 2023 31 August 2024 31 August 2024 9180431 Mrs Amanda Booth Mrs Amanda Booth true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 9180431 2023-08-31 9180431 2024-08-31 9180431 2023-09-01 2024-08-31 9180431 frs-core:CurrentFinancialInstruments 2024-08-31 9180431 frs-core:ComputerEquipment 2024-08-31 9180431 frs-core:ComputerEquipment 2023-09-01 2024-08-31 9180431 frs-core:ComputerEquipment 2023-08-31 9180431 frs-core:FurnitureFittings 2024-08-31 9180431 frs-core:FurnitureFittings 2023-09-01 2024-08-31 9180431 frs-core:FurnitureFittings 2023-08-31 9180431 frs-core:NetGoodwill 2024-08-31 9180431 frs-core:NetGoodwill 2023-09-01 2024-08-31 9180431 frs-core:NetGoodwill 2023-08-31 9180431 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-08-31 9180431 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-09-01 2024-08-31 9180431 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-08-31 9180431 frs-core:MotorVehicles 2024-08-31 9180431 frs-core:MotorVehicles 2023-09-01 2024-08-31 9180431 frs-core:MotorVehicles 2023-08-31 9180431 frs-core:ShareCapital 2024-08-31 9180431 frs-core:RetainedEarningsAccumulatedLosses 2024-08-31 9180431 frs-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 9180431 frs-bus:FilletedAccounts 2023-09-01 2024-08-31 9180431 frs-bus:SmallEntities 2023-09-01 2024-08-31 9180431 frs-bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 9180431 frs-bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 9180431 1 2023-09-01 2024-08-31 9180431 frs-bus:Director1 2023-09-01 2024-08-31 9180431 frs-core:CurrentFinancialInstruments 1 2024-08-31 9180431 frs-core:CurrentFinancialInstruments 2 2024-08-31 9180431 frs-countries:EnglandWales 2023-09-01 2024-08-31 9180431 2022-08-31 9180431 2023-08-31 9180431 2022-09-01 2023-08-31 9180431 frs-core:CurrentFinancialInstruments 2023-08-31 9180431 frs-core:ShareCapital 2023-08-31 9180431 frs-core:RetainedEarningsAccumulatedLosses 2023-08-31 9180431 frs-core:CurrentFinancialInstruments 1 2023-08-31 9180431 frs-core:CurrentFinancialInstruments 2 2023-08-31
Registered number: 9180431
Knights Fashion Agencies Ltd
Unaudited Financial Statements
For The Year Ended 31 August 2024
Andrew Clift
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 9180431
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 29,470 33,910
29,470 33,910
CURRENT ASSETS
Debtors 6 69,462 74,700
Cash at bank and in hand 303,960 254,984
373,422 329,684
Creditors: Amounts Falling Due Within One Year 7 (52,922 ) (32,663 )
NET CURRENT ASSETS (LIABILITIES) 320,500 297,021
TOTAL ASSETS LESS CURRENT LIABILITIES 349,970 330,931
NET ASSETS 349,970 330,931
CAPITAL AND RESERVES
Called up share capital 8 2 2
Profit and Loss Account 349,968 330,929
SHAREHOLDERS' FUNDS 349,970 330,931
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For the year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Amanda Booth
Director
31/08/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Knights Fashion Agencies Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 9180431 . The registered office is 106 Scot Lane, Aspull, Wigan, WN2 1YL.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% Straight Line
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
Computer Equipment 20% Reducing Balance
2.5. Taxation
The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.
2.6. Registrar Filing Requirements
The company has taken advantage of Companies Act 2006 section 444(1) and opted not to file the profit and loss account, directors report, and notes to the financial statements relating to the profit and loss account.
3. Average Number of Employees
Average number of employees, including directors, during the year was:
2024 2023
Office and administration 2 1
2 1
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4. Intangible Assets
Goodwill
£
Cost
As at 1 September 2023 1,000
As at 31 August 2024 1,000
Amortisation
As at 1 September 2023 1,000
As at 31 August 2024 1,000
Net Book Value
As at 31 August 2024 -
As at 1 September 2023 -
5. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 September 2023 41,458 20,000 11,589 3,283 76,330
Additions - - - 1,332 1,332
As at 31 August 2024 41,458 20,000 11,589 4,615 77,662
Depreciation
As at 1 September 2023 15,547 18,493 6,607 1,773 42,420
Provided during the period 4,145 377 748 502 5,772
As at 31 August 2024 19,692 18,870 7,355 2,275 48,192
Net Book Value
As at 31 August 2024 21,766 1,130 4,234 2,340 29,470
As at 1 September 2023 25,911 1,507 4,982 1,510 33,910
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,238 -
Prepayments and accrued income 670 -
Other debtors 5,000 5,000
TAS (Swinton) Ltd 15,000 15,000
S & A Properties Ltd 46,300 54,700
VAT 1,254 -
69,462 74,700
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7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 8,382 6,744
Corporation tax 38,442 21,005
Other taxes and social security 72 72
VAT - 1,212
Other creditors 1,299 1,371
Accruals and deferred income 1,500 1,440
Director's loan account 3,227 819
52,922 32,663
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
9. Directors Advances, Credits and Guarantees
Dividends paid to directors
10. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 40,000 58,000
11. Ultimate Controlling Party
The company's ultimate controlling party is Mrs Amanda Booth by virtue of her ownership of 100% of the issued share capital in the company.
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