REGISTERED NUMBER: 04918845 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

R.W. KNIGHT AND SON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

E M Knight

H W Knight

L E Knight

SECRETARY:

L E Knight

REGISTERED OFFICE:

Castle Farm House

Marshfield

Chippenham

Wiltshire

SN14 8HU

REGISTERED NUMBER:

04918845 (England and Wales)

ACCOUNTANTS:

Berkeley Hall Marshall Limited

6 Charlotte Street

Bath

BA1 2NE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

45,759

59,307

45,759

59,307

CURRENT ASSETS

Stocks

558,914

592,279

Debtors

6

60,400

68,154

Cash at bank and in hand

169,846

235,024

789,160

895,457

CREDITORS

Amounts falling due within one year

7

445,495

565,245

NET CURRENT ASSETS

343,665

330,212

TOTAL ASSETS LESS CURRENT LIABILITIES

389,424

389,519

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

388,424

388,519

SHAREHOLDERS' FUNDS

389,424

389,519

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

H W Knight - Director

1.	STATUTORY INFORMATION

R.W. Knight and Son 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 2003, 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.

Plant and machinery etc

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

125,000

AMORTISATION

At 1 April 2024

and 31 March 2025

125,000

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

4,539

302,785

307,324

Additions

-

191

191

At 31 March 2025

4,539

302,976

307,515

DEPRECIATION

At 1 April 2024

-

248,017

248,017

Charge for year

-

13,739

13,739

At 31 March 2025

-

261,756

261,756

NET BOOK VALUE

At 31 March 2025

4,539

41,220

45,759

At 31 March 2024

4,539

54,768

59,307

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,290

52,753

Other debtors

17,110

15,401

60,400

68,154

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

65,167

64,516

Taxation and social security

49,826

81,351

Other creditors

330,502

419,378

445,495

565,245

8.	ULTIMATE CONTROLLING PARTY

Mr and Mrs H W Knight control the company by virtue of their ability to act in concert and their joint majority shareholding.