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Company Registration No. 07646316 (England and Wales)
Knight Haulage Limited Unaudited accounts for the year ended 31 May 2026
Knight Haulage Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Knight Haulage Limited Company Information for the year ended 31 May 2026
Director
Mr D Moule
Company Number
07646316 (England and Wales)
Registered Office
Unit 5, Swaker Yard 2B Theobald Street Herts WD6 4SE United Kingdom
Accountants
Platts Unit 5 Swaker Yard 2b Theobald Street Herts WD6 4SE
- 3 -
Knight Haulage Limited Statement of financial position as at 31 May 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
646,480
502,728
Current assets
Debtors
5
260,641
175,019
Cash at bank and in hand
6,778
19,216
267,419
194,235
Creditors: amounts falling due within one year
6
(461,054)
(260,498)
Net current liabilities
(193,635)
(66,263)
Total assets less current liabilities
452,845
436,465
Creditors: amounts falling due after more than one year
7
(283,527)
(220,277)
Net assets
169,318
216,188
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
169,317
216,187
Shareholders' funds
169,318
216,188
For the year ending 31 May 2026 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 12 June 2026 and were signed on its behalf by
Mr D Moule Director Company Registration No. 07646316
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Knight Haulage Limited Notes to the Accounts for the year ended 31 May 2026
1
Statutory information
Knight Haulage Limited is a private company, limited by shares, registered in England and Wales, registration number 07646316. The registered office is Unit 5, Swaker Yard, 2B Theobald Street, Herts, WD6 4SE, United Kingdom.
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
These financial statements for the year ended 31 May 2026 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2024. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
15% RB
Motor vehicles
15% RB
Fixtures & fittings
25% RB
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Knight Haulage Limited Notes to the Accounts for the year ended 31 May 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At 1 June 2025
205,140
575,287
51,148
831,575
Additions
-
282,790
-
282,790
Disposals
(42,000)
(4,000)
-
(46,000)
At 31 May 2026
163,140
854,077
51,148
1,068,365
Depreciation
At 1 June 2025
103,382
202,732
22,733
328,847
Charge for the year
12,796
98,467
7,139
118,402
On disposals
(23,364)
(2,000)
-
(25,364)
At 31 May 2026
92,814
299,199
29,872
421,885
Net book value
At 31 May 2026
70,326
554,878
21,276
646,480
At 31 May 2025
101,758
372,555
28,415
502,728
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Trade debtors
260,641
175,019
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
40,883
27,398
Obligations under finance leases and hire purchase contracts
138,311
96,142
Trade creditors
51,329
43,087
Amounts owed to group undertakings and other participating interests
67,094
67,094
Taxes and social security
24,210
18,007
Other creditors
122,491
-
Loans from directors
15,376
4,090
Accruals
1,360
4,680
461,054
260,498
Other creditors are secured by an All Assets Debenture providing a fixed and floating charge over the property and assets of the undertaking.
7
Creditors: amounts falling due after more than one year
2026
2025
£
£
Obligations under finance leases and hire purchase contracts
283,527
220,277
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
- 6 -
Knight Haulage Limited Notes to the Accounts for the year ended 31 May 2026
9
Average number of employees
During the year the average number of employees was 8 (2025: 8).
- 7 -