REGISTERED NUMBER: 11987831 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025

FOR

KNIGHTS EVENTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J E R Armstrong

M H O'Hagan

REGISTERED OFFICE:

Unit 14 Canal Basin

ST Nicholas Street

Coventry

West Midlands

CV1 4LY

REGISTERED NUMBER:

11987831 (England and Wales)

ACCOUNTANTS:

Askews Chartered Certified Accountants

5 The Quadrant

Coventry

West Midlands

CV1 2EL

FIXED ASSETS

Intangible assets

4

14,020

14,020

Tangible assets

5

28,719

23,322

42,739

37,342

CURRENT ASSETS

Debtors

6

111,049

101,425

Cash at bank

110,397

32,990

221,446

134,415

CREDITORS

Amounts falling due within one year

7

172,079

127,671

NET CURRENT ASSETS

49,367

6,744

TOTAL ASSETS LESS CURRENT LIABILITIES

92,106

44,086

CREDITORS

Amounts falling due after more than one year

8

1,774

19,633

NET ASSETS

90,332

24,453

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

90,330

24,451

90,332

24,453

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 26 November 2025 and were signed on its behalf by:

M H O'Hagan - Director

1.	STATUTORY INFORMATION

Knights Events 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.

Turnover

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

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

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.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

33% per annum of cost

Computer equipment

-

33% per annum of cost

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.

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.

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 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 June 2024

and 31 May 2025

14,020

NET BOOK VALUE

At 31 May 2025

14,020

At 31 May 2024

14,020

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

4,999

27,669

12,862

45,530

Additions

-

24,300

-

24,300

At 31 May 2025

4,999

51,969

12,862

69,830

DEPRECIATION

At 1 June 2024

2,796

9,131

10,281

22,208

Charge for year

550

17,150

1,203

18,903

At 31 May 2025

3,346

26,281

11,484

41,111

NET BOOK VALUE

At 31 May 2025

1,653

25,688

1,378

28,719

At 31 May 2024

2,203

18,538

2,581

23,322

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

Motor

vehicles

£

COST

At 1 June 2024

and 31 May 2025

27,669

DEPRECIATION

At 1 June 2024

9,131

Charge for year

9,131

At 31 May 2025

18,262

NET BOOK VALUE

At 31 May 2025

9,407

At 31 May 2024

18,538

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

100,753

90,757

Other debtors

10,296

10,668

111,049

101,425

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

17,859

18,272

Trade creditors

1,024

1,010

Taxation and social security

130,067

84,545

Other creditors

23,129

23,844

172,079

127,671

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,774

19,633

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2025 and 31 May 2024:

2025

2024

£

£

J E R Armstrong

Balance outstanding at start of year

(23,680

)

(23,459

)

Amounts advanced

70,877

60,006

Amounts repaid

(69,415

)

(60,227

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(22,218

)

(23,680

)

M H O'Hagan

Balance outstanding at start of year

(164

)

62

Amounts advanced

65,000

60,000

Amounts repaid

(65,744

)

(60,226

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(908

)

(164

)