Knoetze Ltd - Filleted accounts

Registered number

07555990

Knoetze Ltd

Filleted Accounts

31 March 2025

Knoetze Ltd
Registered number:		07555990
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		77,007			106,289

Current assets
Stocks		181,971			156,304
Debtors	4	547,577			199,692
Cash at bank and in hand		78,719			137,722
		808,267			493,718

Creditors: amounts falling due within one year	5	(444,902)			(178,851)

Net current assets			363,365			314,867

Total assets less current liabilities			440,372			421,156

Creditors: amounts falling due after more than one year	6		(1,748)			(12,210)

Provisions for liabilities			(19,252)			(20,195)


Net assets			419,372			388,751

Capital and reserves
Called up share capital			10			10
Profit and loss account			419,362			388,741

Shareholder's funds			419,372			388,751

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Gert Johannes Knoetze
Director
Approved by the board on 20 November 2025

Knoetze Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	over 4 years
	Motor vehicles	over 3 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			5		5


3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2024	156,847		115,227		272,074
	Additions	14,971		-		14,971
	Disposals	(1,041)		-		(1,041)
	At 31 March 2025	170,777		115,227		286,004

	Depreciation
	At 1 April 2024	76,994		88,791		165,785
	Charge for the year	35,529		8,724		44,253
	On disposals	(1,041)		-		(1,041)
	At 31 March 2025	111,482		97,515		208,997

	Net book value
	At 31 March 2025	59,295		17,712		77,007
	At 31 March 2024	79,853		26,436		106,289


4	Debtors			2025		2024
£					£

	Trade debtors			544,792		197,124
	Other debtors			2,785		2,568
				547,577		199,692


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Bank loans and overdrafts			10,462		10,305
	Trade creditors			145,672		37,652
	Taxation and social security costs			182,448		116,786
	Other creditors			106,320		14,108
				444,902		178,851


6	Creditors: amounts falling due after one year			2025		2024
£					£

	Bank loans			1,748		12,210


7	Other information

	Knoetze Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Old Fir View
	Meath Green Lane
	Horley
	Surrey
	RH6 8JA