REGISTERED NUMBER: 04670886 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

KNW Group Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K C Keene

SECRETARY:

REGISTERED OFFICE:

Keward Park

Glastonbury Road

Wells

Somerset

BA5 1QE

REGISTERED NUMBER:

04670886 (England and Wales)

ACCOUNTANTS:

OCL Accountancy

141 Englishcombe Lane

Bath

BA2 2EL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

432,875

463,357

432,875

463,357

CURRENT ASSETS

Debtors

6

12,297

15,014

Cash at bank

-

76

12,297

15,090

CREDITORS

Amounts falling due within one year

7

312,520

390,540

NET CURRENT LIABILITIES

(300,223

)

(375,450

)

TOTAL ASSETS LESS CURRENT LIABILITIES

132,652

87,907

CREDITORS

Amounts falling due after more than one year

8

(27,458

)

(13,911

)

PROVISIONS FOR LIABILITIES

(66,997

)

(53,487

)

NET ASSETS

38,197

20,509

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

37,997

20,309

SHAREHOLDERS' FUNDS

38,197

20,509

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 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.

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 1 December 2025 and were signed by:

K C Keene - Director

1.	STATUTORY INFORMATION

KNW Group 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

25% on cost

Plant and machinery etc

-

20% on reducing balance and 10% on reducing balance

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

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.

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,000

AMORTISATION

At 1 April 2024

and 31 March 2025

2,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

119,804

816,905

936,709

Additions

-

51,102

51,102

Disposals

-

(55,235

)

(55,235

)

At 31 March 2025

119,804

812,772

932,576

DEPRECIATION

At 1 April 2024

119,804

353,548

473,352

Charge for year

-

49,714

49,714

Eliminated on disposal

-

(23,365

)

(23,365

)

At 31 March 2025

119,804

379,897

499,701

NET BOOK VALUE

At 31 March 2025

-

432,875

432,875

At 31 March 2024

-

463,357

463,357

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

63,339

Additions

46,142

Transfer to ownership

(20,460

)

At 31 March 2025

89,021

DEPRECIATION

At 1 April 2024

17,155

Charge for year

7,738

Transfer to ownership

(5,545

)

At 31 March 2025

19,348

NET BOOK VALUE

At 31 March 2025

69,673

At 31 March 2024

46,184

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

10,853

11,141

Other debtors

1,444

3,873

12,297

15,014

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

32,620

40,521

Hire purchase contracts

13,570

20,724

Trade creditors

27,526

62,191

Taxation and social security

32,823

20,836

Other creditors

205,981

246,268

312,520

390,540

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

2,537

12,739

Hire purchase contracts

24,921

1,172

27,458

13,911

9.	ULTIMATE CONTROLLING PARTY

The controlling party is K C Keene.