IRIS Accounts Production v25.2.0.378 03806870 director 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 03806870 2023-12-31 03806870 2024-12-31 03806870 2024-01-01 2024-12-31 03806870 2022-12-31 03806870 2023-01-01 2023-12-31 03806870 2023-12-31 03806870 ns15:EnglandWales 2024-01-01 2024-12-31 03806870 ns14:PoundSterling 2024-01-01 2024-12-31 03806870 ns10:Director1 2024-01-01 2024-12-31 03806870 ns10:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03806870 ns10:SmallEntities 2024-01-01 2024-12-31 03806870 ns10:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03806870 ns10:SmallCompaniesRegimeForDirectorsReport 2024-01-01 2024-12-31 03806870 ns10:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03806870 ns10:FullAccounts 2024-01-01 2024-12-31 03806870 1 2024-01-01 2024-12-31 03806870 ns10:RegisteredOffice 2024-01-01 2024-12-31 03806870 ns5:CurrentFinancialInstruments 2024-12-31 03806870 ns5:CurrentFinancialInstruments 2023-12-31 03806870 ns5:Non-currentFinancialInstruments 2024-12-31 03806870 ns5:Non-currentFinancialInstruments 2023-12-31 03806870 ns5:ShareCapital 2024-12-31 03806870 ns5:ShareCapital 2023-12-31 03806870 ns5:CapitalRedemptionReserve 2024-12-31 03806870 ns5:CapitalRedemptionReserve 2023-12-31 03806870 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 03806870 ns5:RetainedEarningsAccumulatedLosses 2023-12-31 03806870 ns5:NetGoodwill 2024-01-01 2024-12-31 03806870 ns5:FurnitureFittings 2024-01-01 2024-12-31 03806870 ns5:MotorVehicles 2024-01-01 2024-12-31 03806870 ns5:ComputerEquipment 2024-01-01 2024-12-31 03806870 ns5:NetGoodwill 2023-12-31 03806870 ns5:NetGoodwill 2024-12-31 03806870 ns5:NetGoodwill 2023-12-31 03806870 ns5:FurnitureFittings 2023-12-31 03806870 ns5:MotorVehicles 2023-12-31 03806870 ns5:ComputerEquipment 2023-12-31 03806870 ns5:FurnitureFittings 2024-12-31 03806870 ns5:MotorVehicles 2024-12-31 03806870 ns5:ComputerEquipment 2024-12-31 03806870 ns5:FurnitureFittings 2023-12-31 03806870 ns5:MotorVehicles 2023-12-31 03806870 ns5:ComputerEquipment 2023-12-31 03806870 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 03806870 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2023-12-31 03806870 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2024-12-31 03806870 ns5:WithinOneYear ns5:CurrentFinancialInstruments ns5:HirePurchaseContracts 2023-12-31 03806870 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2024-12-31 03806870 ns5:BetweenOneFiveYears ns5:HirePurchaseContracts 2023-12-31 03806870 ns5:HirePurchaseContracts 2024-12-31 03806870 ns5:HirePurchaseContracts 2023-12-31

REGISTERED NUMBER: 03806870 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 December 2024 |

| for |

| Knibb Gormezano Limited |

| Knibb Gormezano Limited (Registered number: 03806870) |

Contents of the Financial Statements

for the Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Knibb Gormezano Limited |

Company Information

for the Year Ended 31 December 2024

| DIRECTOR: | A Woodrow

| REGISTERED OFFICE: | The Mills

| Canal Street

| Derby

| Derbyshire

| DE1 2RJ

| BUSINESS ADDRESS: | SureStore

| Ninth Avenue

| Burton-on-Trent

| Staffordshire

| DE14 3JZ

| REGISTERED NUMBER: | 03806870 (England and Wales)

| ACCOUNTANTS: | Bates Weston LLP

| Chartered Accountants

| The Mills

| Canal Street

| Derby

| DE1 2RJ

| Knibb Gormezano Limited (Registered number: 03806870) |

Balance Sheet

31 December 2024

| 2024 | 2023 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 56,593 |  | 77,357 |  |

56,593 |  | 77,357 |  |

CURRENT ASSETS

Debtors | 6 | 1,308,523 |  | 924,799 |  |

Cash at bank | 161,626 |  | 38,720 |  |

1,470,149 |  | 963,519 |  |

CREDITORS

Amounts falling due within one year | 7 | 530,454 |  | 293,344 |  |

NET CURRENT ASSETS | 939,695 |  | 670,175 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 996,288 |  | 747,532 |  |

CREDITORS

Amounts falling due after more than one year | 8 | 32,606 |  | 45,648 |  |

NET ASSETS | 963,682 |  | 701,884 |  |

CAPITAL AND RESERVES

Called up share capital | 721 |  | 721 |  |

Capital redemption reserve | 390 |  | 390 |  |

Retained earnings | 962,571 |  | 700,773 |  |

SHAREHOLDERS' FUNDS | 963,682 |  | 701,884 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

| Knibb Gormezano Limited (Registered number: 03806870) |

Balance Sheet - continued

31 December 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 September 2025 and were signed by:

A Woodrow - Director

| Knibb Gormezano Limited (Registered number: 03806870) |

Notes to the Financial Statements

for the Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Knibb Gormezano 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.

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 represents net invoiced sales of services, excluding value added tax. Turnover is accounted for in the year in which the services are provided.

| In the case of work in progress it includes relevant costs and overheads plus attributable profit to date.

| Goodwill

| Goodwill is being amortised evenly over its remaining useful economic life of five years from 1 January 2015.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Fixtures and equipment | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| 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.

| Leasing commitments

| Rentals paid under operating leases are charged to the profit and loss account over the period of the lease.

| Hire purchase

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. | EMPLOYEES AND DIRECTORS

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

| Knibb Gormezano Limited (Registered number: 03806870) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 January 2024

| and 31 December 2024 | 205,000 |  |

| AMORTISATION

| At 1 January 2024

| and 31 December 2024 | 205,000 |  |

| NET BOOK VALUE

| At 31 December 2024 | - |  |

| At 31 December 2023 | - |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |

| and |  | Motor |  | Computer |

| equipment |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2024 | 37,653 |  | 87,000 |  | 59,448 |  | 184,101 |  |

| Additions | - |  | - |  | 6,793 |  | 6,793 |  |

| At 31 December 2024 | 37,653 |  | 87,000 |  | 66,241 |  | 190,894 |  |

| DEPRECIATION

| At 1 January 2024 | 33,654 |  | 21,750 |  | 51,340 |  | 106,744 |  |

| Charge for year | 600 |  | 21,750 |  | 5,207 |  | 27,557 |  |

| At 31 December 2024 | 34,254 |  | 43,500 |  | 56,547 |  | 134,301 |  |

| NET BOOK VALUE

| At 31 December 2024 | 3,399 |  | 43,500 |  | 9,694 |  | 56,593 |  |

| At 31 December 2023 | 3,999 |  | 65,250 |  | 8,108 |  | 77,357 |  |

6. | DEBTORS

2024 | 2023 |

£ | £ |

| Amounts falling due within one year:

| Trade debtors | 419,445 |  | 666,434 |  |

| Amounts recoverable on contracts | 15,000 |  | 15,000 |  |

| Amounts owed by related party | 198,473 |  | 186,765 |  |

| Other debtors | 16,036 |  | 10,839 |  |

| Director's current account | 480,129 |  | 25,000 |  |

| Prepayments | 17,396 |  | 20,761 |  |

1,146,479 |  | 924,799 |  |

| Amounts falling due after more than one year:

| Tax | 162,044 |  | - |  |

| Aggregate amounts | 1,308,523 |  | 924,799 |  |

| Knibb Gormezano Limited (Registered number: 03806870) |

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts (see note 9) | 13,042 |  | 11,352 |  |

| Trade creditors | 185,325 |  | 196,514 |  |

| Tax | 290,476 |  | 61,246 |  |

| Social security and other taxes | 35,997 |  | 9,995 |  |

| Other creditors | 3,869 |  | 12,467 |  |

| Accrued expenses | 1,745 |  | 1,770 |  |

530,454 |  | 293,344 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts (see note 9) | 32,606 |  | 45,648 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under hire purchase fall due as follows:

| Hire purchase |

| contracts |

2024 | 2023 |

£ | £ |

| Net obligations repayable:

| Within one year | 13,042 |  | 11,352 |  |

| Between one and five years | 32,606 |  | 45,648 |  |

45,648 |  | 57,000 |  |

| The minimum lease payments on non-cancellable operating leases committed to be paid are £18,386 (23 - £31,061).

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 45,648 |  | 57,000 |  |

11. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| During the year, a net advance of £455,129 was made to the director. Interest was charged on the advance, which is repayable upon demand.