REGISTERED NUMBER: 10100669 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Knucks Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J Owen

Mrs R J Owen

REGISTERED OFFICE:

7 Ty Nant Court

Morganstown

Cardiff

CF15 8LW

REGISTERED NUMBER:

10100669 (England and Wales)

ACCOUNTANTS:

Norton Accountancy Ltd

7 Soundwell Road

Staple Hill

Bristol

BS16 4QG

FIXED ASSETS

Investments

4

3,585

421,871

CURRENT ASSETS

Debtors

5

4,432,126

3,563,530

Cash at bank

7,416

80,642

4,439,542

3,644,172

CREDITORS

Amounts falling due within one year

6

(149,411

)

(13,159

)

NET CURRENT ASSETS

4,290,131

3,631,013

TOTAL ASSETS LESS CURRENT LIABILITIES

4,293,716

4,052,884

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

4,293,516

4,052,684

4,293,716

4,052,884

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 May 2026 and were signed on its behalf by:

J Owen - Director

1.	STATUTORY INFORMATION

Knucks Ltd 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 as modified by the revaluation of certain assets.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Shares in

group

Other

undertakings

investments

Totals

£

£

£

COST OR VALUATION

At 1 September 2024

200

421,671

421,871

Additions

-

313,791

313,791

Disposals

-

(731,754

)

(731,754

)

Revaluations

-

(323

)

(323

)

At 31 August 2025

200

3,385

3,585

NET BOOK VALUE

At 31 August 2025

200

3,385

3,585

At 31 August 2024

200

421,671

421,871

Cost or valuation at 31 August 2025 is represented by:

Shares in

group

Other

undertakings

investments

Totals

£

£

£

Valuation in 2025

-

(168

)

(168

)

Cost

200

3,553

3,753

200

3,385

3,585

5.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Other debtors

109,415

69,415

Amounts falling due after more than one year:

Amounts owed by group undertakings

4,322,711

3,494,115

Aggregate amounts

4,432,126

3,563,530

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Taxation and social security

149,411

10,659

Other creditors

-

2,500

149,411

13,159

7.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Directors based on their shareholding in the company.