REGISTERED NUMBER: 04840493 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

KNOWLEDGE TO ACTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G J Secker

REGISTERED OFFICE:

81 Bridge Road

East Molesey

Surrey

KT8 9HH

REGISTERED NUMBER:

04840493 (England and Wales)

AUDITORS:

CBHC (Audit) Ltd

Suite 3, Steeple House

Church Lane

Chelmsford

Essex

CM1 1NH

FIXED ASSETS

Tangible assets

4

38,783

15,899

Investments

5

1,323,287

1,323,287

1,362,070

1,339,186

CURRENT ASSETS

Debtors

6

4,440,665

3,414,670

Cash at bank

129,231

89,170

4,569,896

3,503,840

CREDITORS

Amounts falling due within one year

7

10,121,275

9,807,943

NET CURRENT LIABILITIES

(5,551,379

)

(6,304,103

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(4,189,309

)

(4,964,917

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(4,189,409

)

(4,965,017

)

SHAREHOLDERS' FUNDS

(4,189,309

)

(4,964,917

)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:

G J Secker - Director

1.	STATUTORY INFORMATION

Knowledge To Action 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.

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.

Revenue recognition

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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Going concern

The company has reported an operating profit (after tax) for the year of £775,608 (2022: £315,814). There is a net liabilities position on the balance sheet amounting to £4,189,309 (2022: £4,964,917)

These financial circumstances may cast doubt upon the company's ability to continue as a going concern. Considering that the company and group has returned to profitability and the company the continued support of the director and ultimate group owner, and the support of other connected and group entities, the director is satisfied that the company has adequate financial resources to continue as a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 32 (2022 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2023

130,833

Additions

77,815

At 31 December 2023

208,648

DEPRECIATION

At 1 January 2023

114,934

Charge for year

54,931

At 31 December 2023

169,865

NET BOOK VALUE

At 31 December 2023

38,783

At 31 December 2022

15,899

5.	FIXED ASSET INVESTMENTS

31/12/23

31/12/22

£

£

Participating interests

1,203,287

1,203,287

Other investments not loans

120,000

120,000

1,323,287

1,323,287

Additional information is as follows:

Interest

in joint

venture

£

COST

At 1 January 2023

and 31 December 2023

1,203,287

NET BOOK VALUE

At 31 December 2023

1,203,287

At 31 December 2022

1,203,287

Investments (neither listed nor unlisted) were as follows:

31/12/23

31/12/22

£

£

Art work

120,000

120,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/23

31/12/22

£

£

Trade debtors

35,318

38,318

Amounts owed by group undertakings

2,356,515

2,180,433

Other debtors

2,048,832

1,195,919

4,440,665

3,414,670

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/12/23

31/12/22

£

£

Trade creditors

98,637

168,037

Amounts owed to group undertakings

97,990

97,990

Taxation and social security

1,751,387

1,538,028

Other creditors

8,173,261

8,003,888

10,121,275

9,807,943

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/23

31/12/22

value:

£

£

100

Ordinary

1

100

100

9.

RESERVES

Retained

earnings

£

At 1 January 2023

(4,965,017

)

Profit for the year

775,608

At 31 December 2023

(4,189,409

)

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Peter Sartain (Senior Statutory Auditor)

for and on behalf of CBHC (Audit) Ltd

Material Uncertainty Relating to Going Concern

We draw attention to Note 2 in the financial statements, which indicates that the company as at 31 December 2022, the company’s current liabilities exceeded its total assets by £4,964,917 . As stated in Note 2, these events or conditions, along with other matters as set forth in Note 2, indicate that a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern. Our opinion is not modified in respect of this matter.

11.	RELATED PARTY DISCLOSURES

The company is a 100% owned subsidiary of Knowledge to Action (Holdings) Limited, a company registered in England and Wales. In addition the company is related to the following fellow subsidiaries:

Live Trading Floor Limited (registered in England and Wales)

Investment Marketing Solutions Limited (registered in England and Wales)

Learn to Trade Pty Limited (formerly Knowledge to Action Pty Limited, registered in Australia)

Learn to Trade Limited (registered in England and Wales)

FX Capital MA Limited (registered in England and Wales)

In addition to the above, the director of the company G Secker was a related party to the company.

Learn to Trade Pty Limited (registered in South Africa) is a company under common control.

The Greg Secker Foundation (formerly The Knowledge to Action Foundation, registered in England and Wales), K2AF Trading Limited (registered in England and Wales), Learn to Trade International Holdings (registered in Cyprus) and Smart Charts (Malta) were all under the common control of G Secker.

Global Success Summits Limited (registered in England and Wales), EMC Events (registered in England and Wales), and Learn to Trade Limited were both under common ownership and control of G Secker. Learn Trading LLP (registered in England and Wales) is under common ownership and control of G Secker, and Knowledge to Action Ltd is a corporate member of the LLP.

G Secker was owed £63,959 from Knowledge to Action (2022: £793,027) as at the balance sheet date.

Included debtors are the following balances that are owed from related parties.

2023

2022

£

£

Knowledge to action (holdings)

1541,957

FX Capital MA Limited

633,675

Learn to trade uk Limited

1,087

1,100

K2A South Africa

372,224

344,045

Smart Charts Malta

-

-

Schubi Computer Software Trading LLC

460,958

39.654

K2A Foundation Charity

197,911

193,368

K2A Foundation Trading

42,840

41,097

Capital index Holdings

26,748

26,028

Investment Marketing Solutions

4,801

Learn to Trade International Holdings

97,845

69,143

EMC Events

257,683

254,125

PropserH Intercompany

1,766

1,459,062

3,149,263

Included creditors is the following balance owed by the company to related parties.

2023

2022

£

£

LTF Limited

97,990

Smart Charts Malta

4,896,253

3,447,309

LTT Smartchart (Philippines)

157,577

213,754

Capital Index (UK) Limited

21,936

784,813

EmpowerU

1,327,516

1,192,940

Capital Index Global Limited

1,310,065

414,148

7,713,349

6,150,955

12.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

13.	ULTIMATE CONTROLLING PARTY

The ultimate parent company of the group, Knowledge to Action (Holdings) Limited prepares consolidated financial statements, which are available from Companies House. These financial statements include the results of Knowledge to Action Ltd