REGISTERED NUMBER: 07737128 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LINDA F KNIGHT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr O P A Chatelain

REGISTERED OFFICE:

2 St.Marys Road

Tonbridge

TN9 2LB

REGISTERED NUMBER:

07737128 (England and Wales)

ACCOUNTANTS:

Cube Partners Limited

Chartered Accountants

5 Giffard Court

Millbrook Close

Northampton

Northamptonshire

NN5 5JF

FIXED ASSETS

Tangible assets

4

-

157

Investments

5

806,362

1,230,527

806,362

1,230,684

CURRENT ASSETS

Debtors

6

22,000

8,890

Cash at bank

2,474

670

24,474

9,560

CREDITORS

Amounts falling due within one year

7

434,461

376,901

NET CURRENT LIABILITIES

(409,987

)

(367,341

)

TOTAL ASSETS LESS CURRENT LIABILITIES

396,375

863,343

CREDITORS

Amounts falling due after more than one year

8

(17,649

)

(95,955

)

PROVISIONS FOR LIABILITIES

-

(72,629

)

NET ASSETS

378,726

694,759

CAPITAL AND RESERVES

Called up share capital

375,000

375,000

Fair value reserve

10

-

309,627

Retained earnings

3,726

10,132

378,726

694,759

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

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 her 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 September 2025 and were signed by:

Mr O P A Chatelain - Director

1.	STATUTORY INFORMATION

Linda F Knight Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 as modified by the revaluation of certain assets.

Significant judgements and estimates

In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover

Revenue represents amounts chargeable to clients for professional services rendered during the year, net of value added tax. Services to clients, which at the balance sheet date have not been billed, have been recognised as revenue. Revenue is recognised by reference to an assessment of the fair value of the services provided at the balance sheet date as a proportion of the total value of the engagement. Provision is made against unbilled amounts on those engagements where the right to receive payment is contingent on factors outside the control of the company.

Tangible fixed assets

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

Computer equipment

-

25% on cost

Tangible fixed assets are stated at historical cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at fair value.

Financial instruments

Cash and cash equivalents in the balance sheet comprise cast at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income and under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

628

DEPRECIATION

At 1 April 2024

471

Charge for year

157

At 31 March 2025

628

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

157

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST OR VALUATION

At 1 April 2024

1,230,527

Disposals

(41,909

)

Revaluations

(382,256

)

At 31 March 2025

806,362

NET BOOK VALUE

At 31 March 2025

806,362

At 31 March 2024

1,230,527

Cost or valuation at 31 March 2025 is represented by:

Shares in

group

undertakings

£

Valuation in 2022

382,255

Valuation in 2025

(382,255

)

Cost

806,362

806,362

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by group undertakings

10,000

8,884

Other debtors

12,000

6

22,000

8,890

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

36,755

31,295

Other creditors

397,706

345,606

434,461

376,901

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

17,649

95,955

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other creditors

367,767

90,345

There is a fixed and floating charge in the form of debentures in favour of David Michael Brown.

10.

RESERVES

Fair

value

reserve

£

At 1 April 2024

309,627

Transfer

(309,627

)

At 31 March 2025

-

11.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed a shareholder of the company £367,767 (2024 £90,345). No interest is charged on this loan. There are no fixed repayment terms.

At the balance sheet date, the company owed related parties by virtue of common shareholders £3,534 (2024: £Nil). There is no interest charged and no fixed terms of repayment.

At the balance sheet date, the company was owed £10,000 (2024: £8,884) by a related party by way of being a company which Linda F Knight Ltd holds shares in.. There are no fixed terms of repayment and no interest has been charged on the loan.