REGISTERED NUMBER: 14573094 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Another Knitted Thing Ltd

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

47,890

35,848

CURRENT ASSETS

Debtors

5

1,350

570

Cash at bank

5,234

19,033

6,584

19,603

CREDITORS

Amounts falling due within one year

6

66,637

66,370

NET CURRENT LIABILITIES

(60,053

)

(46,767

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,163

)

(10,919

)

PROVISIONS FOR LIABILITIES

7

9,099

6,811

NET LIABILITIES

(21,262

)

(17,730

)

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

(21,263

)

(17,731

)

SHAREHOLDERS' FUNDS

(21,262

)

(17,730

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 27 May 2026 and were signed by:

Miss V E Salmon - Director

1.	STATUTORY INFORMATION

Another Knitted Thing Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14573094

Registered office:

C/o Echo Tax, SPACES Manchester

Peter House

Oxford Street

Manchester

M1 5AN

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

-

25% on cost and 20% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 February 2025

58,487

572

59,059

Additions

24,106

-

24,106

At 31 January 2026

82,593

572

83,165

DEPRECIATION

At 1 February 2025

23,116

95

23,211

Charge for year

11,921

143

12,064

At 31 January 2026

35,037

238

35,275

NET BOOK VALUE

At 31 January 2026

47,556

334

47,890

At 31 January 2025

35,371

477

35,848

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

-

570

Other debtors

1,350

-

1,350

570

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Tax

-

5

Directors' current accounts

66,157

65,885

Accrued expenses

480

480

66,637

66,370

7.	PROVISIONS FOR LIABILITIES

31.1.26

31.1.25

£

£

Deferred tax

9,099

6,811

Deferred

tax

£

Balance at 1 February 2025

6,811

Provided during year

2,288

Balance at 31 January 2026

9,099

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.1.26

31.1.25

value:

£

£

1

Ordinary

1

1

1

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Miss V E Salmon

Balance outstanding at start of year

(65,885

)

(65,573

)

Amounts advanced

40

-

Amounts repaid

(312

)

(312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(66,157

)

(65,885

)

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss V E Salmon.