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Company Registration No. 08370771 (England and Wales)
SK Knightcare Ltd Filleted accounts for the year ended 31 January 2025
SK Knightcare Ltd Filleted accounts Contents
Page
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SK Knightcare Ltd Company Information for the year ended 31 January 2025
Director
Danish Ahmed Vitran
Company Number
08370771 (England and Wales)
Registered Office
80 Osmondthorpe Lane Leeds LS9 9SF
Accountants
YP Finance Hawthorne House 17A Hawthorne Drive Leicester Leicestershire LE5 6DL
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SK Knightcare Ltd Statement of financial position as at 31 January 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,250 
2,500 
Current assets
Inventories
55,169 
52,344 
Debtors
294,240 
267,384 
Investments
80,000 
80,000 
Cash at bank and in hand
56,403 
65,719 
485,812 
465,447 
Creditors: amounts falling due within one year
(172,734)
(146,762)
Net current assets
313,078 
318,685 
Total assets less current liabilities
314,328 
321,185 
Creditors: amounts falling due after more than one year
(25,308)
(35,448)
Net assets
289,020 
285,737 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
288,920 
285,637 
Shareholders' funds
289,020 
285,737 
For the year ending 31 January 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 November 2025 and were signed on its behalf by
Danish Ahmed Vitran Director Company Registration No. 08370771
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SK Knightcare Ltd Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
SK Knightcare Ltd is a private company, limited by shares, registered in England and Wales, registration number 08370771. The registered office is 80 Osmondthorpe Lane, Leeds, LS9 9SF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% straight line
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investments
Investments in shares are included at fair value.
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SK Knightcare Ltd Notes to the Accounts for the year ended 31 January 2025
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2024
2,100 
36,818 
5,000 
43,918 
At 31 January 2025
2,100 
36,818 
5,000 
43,918 
Depreciation
At 1 February 2024
2,100 
36,818 
2,500 
41,418 
Charge for the year
- 
- 
1,250 
1,250 
At 31 January 2025
2,100 
36,818 
3,750 
42,668 
Net book value
At 31 January 2025
- 
- 
1,250 
1,250 
At 31 January 2024
- 
- 
2,500 
2,500 
5
Inventories
2025 
2024 
£ 
£ 
Finished goods
55,169 
52,344 
55,169 
52,344 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
53,186 
67,407 
Trade debtors
119,884 
178,807 
Accrued income and prepayments
106,250 
6,250 
Other debtors
14,920 
14,920 
294,240 
267,384 
7
Investments held as current assets
2025 
2024 
£ 
£ 
Unlisted investments
80,000 
80,000 
8
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
5,510 
- 
Trade creditors
125,495 
104,633 
Taxes and social security
22,948 
23,297 
Other creditors
- 
(2)
Loans from directors
14,594 
16,006 
Accruals
4,187 
2,828 
172,734 
146,762 
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SK Knightcare Ltd Notes to the Accounts for the year ended 31 January 2025
9
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
25,308 
35,448 
10
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
11
Average number of employees
During the year the average number of employees was 16 (2024: 18).
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