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Company Registration No. 10692097 (England and Wales)
Property Knights Ltd Unaudited accounts for the year ended 31 March 2025
Property Knights Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Property Knights Ltd Company Information for the year ended 31 March 2025
Directors
S R Spencer L Gummer
Company Number
10692097 (England and Wales)
Registered Office
The Old Vicarage Beck Hill Barton-upon-Humber South Humberside DN18 5EY England
Accountants
DS Private Clients The Old Vicarage Beck Hill Barton-upon-Humber DN18 5EY
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Property Knights Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,163
1,432
Current assets
Debtors
3,860
8,611
Cash at bank and in hand
4,390
4,306
8,250
12,917
Creditors: amounts falling due within one year
(9,473)
(11,560)
Net current (liabilities)/assets
(1,223)
1,357
Total assets less current liabilities
(60)
2,789
Creditors: amounts falling due after more than one year
(342)
(2,509)
Net (liabilities)/assets
(402)
280
Capital and reserves
Called up share capital
200
200
Profit and loss account
(602)
80
Shareholders' funds
(402)
280
For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 of Directors and authorised for issue on 26 April 2026 and were signed on its behalf by
S R Spencer Director Company Registration No. 10692097
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Property Knights Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Property Knights Ltd is a private company, limited by shares, registered in England and Wales, registration number 10692097. The registered office is The Old Vicarage, Beck Hill, Barton-upon-Humber, South Humberside, DN18 5EY, England.
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 rendering of services is recognised by reference to the stage of completion of the contract.
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:
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2024
3,272
At 31 March 2025
3,272
Depreciation
At 1 April 2024
1,840
Charge for the year
269
At 31 March 2025
2,109
Net book value
At 31 March 2025
1,163
At 31 March 2024
1,432
5
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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