Knoll Gardens Limited - Filleted accounts

Registered number

07943647

Knoll Gardens Limited

Unaudited Filleted Accounts

31 March 2026

Knoll Gardens Limited
Registered number:		07943647
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		152,063			144,945

Current assets
Stocks		89,729			87,702
Cash at bank and in hand		220,471			183,207
		310,200			270,909

Creditors: amounts falling due within one year	4	(91,451)			(77,787)

Net current assets			218,749			193,122

Total assets less current liabilities			370,812			338,067

Creditors: amounts falling due after more than one year	5		-			(3,794)

Provisions for liabilities			(5,649)			(3,319)


Net assets			365,163			330,954

Capital and reserves
Called up share capital			100			100
Share premium			29,970			29,970
Profit and loss account			335,093			300,884

Shareholders' funds			365,163			330,954

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr NR Lucas
Director
Approved by the board on 29 June 2026

Knoll Gardens Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:



	Plant and machinery	Between 7 and 10 years
	Fixtures, fittings, tools and equipment	7 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			9		9


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	157,097		73,273		230,370
	Additions	-		16,267		16,267
	Disposals	-		(10,150)		(10,150)
	At 31 March 2026	157,097		79,390		236,487

	Depreciation
	At 1 April 2025	27,657		57,768		85,425
	Charge for the year	2,683		4,466		7,149
	On disposals	-		(8,150)		(8,150)
	At 31 March 2026	30,340		54,084		84,424

	Net book value
	At 31 March 2026	126,757		25,306		152,063
	At 31 March 2025	129,440		15,505		144,945


4	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			3,537		10,160
	Trade creditors			45,274		26,092
	Taxation and social security costs			41,240		36,072
	Other creditors			1,400		5,463
				91,451		77,787


5	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		3,794


6	Related party transactions

	A dividend was paid to Mr RA Humphrey a Director and Shareholder £21,800 (2025 - £20,400) and Mr NR Lucas a Director and Shareholder £32,700 (2025 -£30,600)


7	Controlling party

	The ultimate controlling party is Mr NR Lucas.


8	Other information

	Knoll Gardens Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Stapehill Road
	Stapehill
	Wimborne
	BH21 7ND