REGISTERED NUMBER: 02992162 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

NICHOLAS & KNIGHT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A Nicholas

REGISTERED OFFICE:

Manufactory House, Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

02992162 (England and Wales)

ACCOUNTANTS:

Cook & Partners Limited

Manufactory House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

BANKERS:

Lloyds TSB Bank Plc

1 Bircherley Street

Hertford

Hertfordshire

SG14 1BU

FIXED ASSETS

Tangible assets

4

25,745

29,577

CURRENT ASSETS

Debtors

5

7,468

11,066

Cash at bank

2,583

1,524

10,051

12,590

CREDITORS

Amounts falling due within one year

6

25,529

28,774

NET CURRENT LIABILITIES

(15,478

)

(16,184

)

TOTAL ASSETS LESS CURRENT LIABILITIES

10,267

13,393

CREDITORS

Amounts falling due after more than one year

7

30,682

30,682

NET LIABILITIES

(20,415

)

(17,289

)

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

(20,517

)

(17,391

)

SHAREHOLDERS' FUNDS

(20,415

)

(17,289

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th May 2026 and were signed by:

M A Nicholas - Director

1.	STATUTORY INFORMATION

Nicholas & Knight 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.

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

-

20% on cost

Taxation

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 2 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st September 2024

225,455

Additions

910

At 31st August 2025

226,365

DEPRECIATION

At 1st September 2024

195,878

Charge for year

4,742

At 31st August 2025

200,620

NET BOOK VALUE

At 31st August 2025

25,745

At 31st August 2024

29,577

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,460

7,937

Other debtors

4,008

3,129

7,468

11,066

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,155

10,155

Trade creditors

6,595

6,267

Taxation and social security

8,687

5,857

Other creditors

92

6,495

25,529

28,774

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

30,678

30,678

Other creditors

4

4

30,682

30,682