Knitty-gritty Ltd

	Registered number
	09912988

	Knitty-gritty Ltd
	Unaudited Accounts
	for the year ended
	31 December 2024

Knitty-gritty Ltd Balance Sheet as at 31 December 2024
	Notes		2024 £		2023 £
Fixed assets
Tangible assets	5		34,657		21,651
			34,657		21,651

Current assets
Stocks		15,000		5,000
Debtors	6	17,380		21,726
Cash at bank and in hand		5,342		7,193
		37,722		33,919

Prepayments and accrued income:		0		10,852

Creditors: amounts falling due within one year	7	(4,126)		(14,290)

Net current assets / (liabilities)			33,596		30,481

Total assets less current liabilities			68,253		52,132

Creditors: amounts falling due after more than one year	8		(19,486)		(5,000)

Provisions for liabilities			(0)		(0)

Total net assets (liabilities)			48,767		47,132

Capital and reserves
Called up share capital			100		100
Profit and loss account			48,667		47,032
Shareholders' funds			48,767		47,132

These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr M Ali

Director

Approved by the board on 29 September 2025

Company Number: 09912988 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 1, Spen Vale Works
Spen Vale Street
Heckmondwike
WF16 0NQ
England

1.	Accounting policies
	Basis of preparation of financial statements These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.

Tangible fixed assets depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.

Computer equipment	18% Reducing Balance
Fixtures & Fittings	18% Reducing Balance
Vehicles	18% Reducing Balance

Profit or loss
Profit before tax is stated after charging the following:	2024	2023
	£	£
Directors' remuneration	16,636	12,717

Taxation
	2024	2023
	£	£
UK Corporation Tax	383	2,438
Tax on profit/(loss) on ordinary activities	383	2,438

Employees
	2024	2023
Average number of employees during the period	4	4

Tangible fixed assets
	Computer equipment	Fixtures & Fittings	Vehicles	Total
Cost or valuation	£	£	£	£
At 1 January 2024	14,109	14,431	5,000	33,540
Additions	341	0	16,950	17,291
At 31 December 2024	14,450	14,431	21,950	50,831
Depreciation
At 1 January 2024	4,187	5,459	2,243	11,889
Charge for the period	1,847	1,615	823	4,285
At 31 December 2024	6,034	7,074	3,066	16,174
Net book value
At 31 December 2024	8,416	7,357	18,884	34,657
At 31 December 2023	9,922	8,972	2,757	21,651

Debtors
	2024	2023
	£	£
Trade debtors	10,852	21,726
Other debtors	6,528	0
	17,380	21,726

Creditors: amounts falling due within one year
	2024	2023
	£	£
Trade creditors	0	7,810
Taxation & social security	4,126	6,480
	4,126	14,290

Creditors: amounts falling due after one year
	2024	2023
	£	£
Trade creditors	16,009	0
Other	3,477	5,000
	19,486	5,000