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Registration number: 03269717

Knight Building Contractors Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Knight Building Contractors Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 8

Knight Building Contractors Limited

(Registration number: 03269717)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 35,259 | 46,666
Current assets |  |  |
Stocks |  | 200 | 200
Debtors | 6 | 606,481 | 309,385
Cash at bank and in hand |  | 597,085 | 628,094
|  | 1,203,766 | 937,679
Creditors: Amounts falling due within one year | 7 | (671,140) | (406,932)
Net current assets |  | 532,626 | 530,747
Total assets less current liabilities |  | 567,885 | 577,413
Provisions for liabilities |  | (4,562) | (7,142)
Net assets |  | 563,323 | 570,271
Capital and reserves |  |  |
Called up share capital | 10 | 3,000 | 3,000
Retained earnings |  | 560,323 | 567,271
Shareholders' funds |  | 563,323 | 570,271

Knight Building Contractors Limited

(Registration number: 03269717)
Balance Sheet as at 31 October 2025

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 12 May 2026 and signed on its behalf by:

......................................... Mr M J Peck Director

Knight Building Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Brail Buildings Jockey Green
Great Bedwyn
Marlborough
Wiltshire
SN8 3NA
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for services provided in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Contract revenue recognition

Revenue from contracts for the provision of contracting services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Government grants

Government grants are accounted for as revenue based grants under the accrual model in the period in which they are receivable.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
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.

Knight Building Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Plant and equipment | 15% to 30% straight line
Motor vehicles | 30% straight line or term of finance lease

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, and has now been fully amortised.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease. Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.
Rental income from operating leases is recognised on a straight line basis over the term of the relevantlease. Initial direct costs incurredin negotiating and arranging an operating lease are added to the carrying amount of the leased asset and recognised on a straight line basis over the lease term.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Knight Building Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Employee benefits

The costs of short term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 11 (2024 - 11).

Knight Building Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 19,187 | 19,187
At 31 October 2025 | 19,187 | 19,187
Amortisation
At 1 November 2024 | 19,187 | 19,187
At 31 October 2025 | 19,187 | 19,187
Carrying amount
At 31 October 2025 | - | -

5 | Tangible assets

| Plant and machinery £ | Motor vehicles £ | Total £
Cost or valuation
At 1 November 2024 | 36,553 | 111,481 | 148,034
Additions | 2,734 | - | 2,734
Disposals | - | (11,190) | (11,190)
At 31 October 2025 | 39,287 | 100,291 | 139,578
Depreciation
At 1 November 2024 | 31,315 | 70,053 | 101,368
Charge for the year | 1,225 | 10,676 | 11,901
Eliminated on disposal | - | (8,950) | (8,950)
At 31 October 2025 | 32,540 | 71,779 | 104,319
Carrying amount
At 31 October 2025 | 6,747 | 28,512 | 35,259
At 31 October 2024 | 5,238 | 41,428 | 46,666

Knight Building Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

6 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 421,432 | 255,250
Prepayments | 13,447 | 14,209
Other debtors | 171,602 | 39,926
| 606,481 | 309,385

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 141,859 | 148,799
Amounts owed to related parties | 8 | 13,939 | 7,349
Taxation and social security |  | 351,266 | 183,306
Other creditors |  | 164,076 | 67,478
|  | 671,140 | 406,932

8 | Related party transactions

Transactions with directors The company paid rent to the director of £7,200 (2024 £7,200).

Summary of transactions with parent
Dividends amounting to £610,000 (2024 £200,000) were paid to the Matthew Pack Construction Ltd (the parent company).
Matthew Peck Construction Ltd has a loan with the company. At the balance sheet date the amount owed was £13,938 (2024 £7,349).

9 | Parent and ultimate parent undertaking

The company's immediate parent is Matthew Peck Construction Ltd, incorporated in England and Wales: Registered Number 10078441. The registered office is Brail Buildings, Jockey Green, Great Bedwyn, Marlborough SN8 3NA.

Knight Building Contractors Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

10 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 3,000 | 3,000 | 3,000 | 3,000