COMPANY REGISTRATION NUMBER:
SC312899
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Knightbridge Developments Limited |
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Filleted Unaudited Financial Statements |
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Knightbridge Developments Limited |
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Period from 1 January 2024 to 30 April 2025
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Report to the board of directors on the preparation of the unaudited statutory financial statements |
1 |
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Statement of financial position |
2 |
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Notes to the financial statements |
3 |
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Knightbridge Developments Limited |
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Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of
Knightbridge Developments Limited |
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Period from 1 January 2024 to 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Knightbridge Developments Limited for the period ended 30 April 2025, which comprise the statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at www.icas.com/accountspreparationguidance. This report is made solely to the Board of Directors of Knightbridge Developments Limited, as a body. Our work has been undertaken solely to prepare for your approval the financial statements of Knightbridge Developments Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with the requirements of ICAS as detailed at www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Knightbridge Developments Limited and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that Knightbridge Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Knightbridge Developments Limited. You consider that Knightbridge Developments Limited is exempt from the statutory audit requirement for the period. We have not been instructed to carry out an audit or a review of the financial statements of Knightbridge Developments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
GILLILAND & COMPANY
Chartered accountants
216 West George Street
Glasgow
G2 2PQ
16 December 2025
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Knightbridge Developments Limited |
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Statement of Financial Position |
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30 April 2025
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30 Apr 25 |
31 Dec 23 |
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Note |
£ |
£ |
£ |
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Current assets
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Debtors |
4 |
15 |
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– |
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Cash at bank and in hand |
65 |
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12,947 |
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---- |
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-------- |
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80 |
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12,947 |
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Creditors: amounts falling due within one year |
5 |
176 |
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12,945 |
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---- |
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-------- |
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Net current (liabilities)/assets |
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(
96) |
2 |
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---- |
---- |
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Total assets less current liabilities |
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(
96) |
2 |
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---- |
---- |
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Capital and reserves
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Called up share capital |
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2 |
2 |
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Profit and loss account |
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(
98) |
– |
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---- |
---- |
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Shareholders (deficit)/funds |
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(
96) |
2 |
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---- |
---- |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the period ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
These financial statements were approved by the
board of directors
and authorised for issue on
16 December 2025
, and are signed on behalf of the board by:
Company registration number:
SC312899
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Knightbridge Developments Limited |
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Notes to the Financial Statements |
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Period from 1 January 2024 to 30 April 2025
1.
General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is 216 West George Street, Glasgow, G2 2PQ.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.
Reporting periods
The company is presenting the financial statements for an extended period. Comparative amounts are therefore not comparable.
Disclosure exemptions
The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102: (b) No cash flow statement has been presented for the company.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4.
Debtors
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30 Apr 25 |
31 Dec 23 |
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£ |
£ |
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Other debtors |
15 |
– |
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---- |
---- |
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5.
Creditors:
amounts falling due within one year
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30 Apr 25 |
31 Dec 23 |
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£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
176 |
12,427 |
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Corporation tax |
– |
518 |
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---- |
-------- |
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176 |
12,945 |
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---- |
-------- |
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6.
Controlling party
The company was under the control of the directors throughout the period.