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Company Registration No. 08882887 (England and Wales)
Knight and Slack Limited Unaudited accounts for the year ended 31 March 2026
Knight and Slack Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Knight and Slack Limited Company Information for the year ended 31 March 2026
Directors
Robert Allott James Gillen
Company Number
08882887 (England and Wales)
Registered Office
6 Chapelfield Mount Thorpe Hesley Rotherham South Yorkshire S61 2SL United Kingdom
Accountants
Symmetry Accounting Services Limited 124 Hungerhill Road Rotherham South Yorkshire S61 3NP
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Knight and Slack Limited Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
673
458
Current assets
Debtors
5
-
2,400
Cash at bank and in hand
16,953
4,980
16,953
7,380
Creditors: amounts falling due within one year
6
(12,608)
(7,486)
Net current assets/(liabilities)
4,345
(106)
Total assets less current liabilities
5,018
352
Provisions for liabilities
Deferred tax
7
(128)
(87)
Net assets
4,890
265
Capital and reserves
Called up share capital
8
4
4
Profit and loss account
4,886
261
Shareholders' funds
4,890
265
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 10 July 2026 and were signed on its behalf by
Robert Allott Director Company Registration No. 08882887
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Knight and Slack Limited Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Knight and Slack Limited is a private company, limited by shares, registered in England and Wales, registration number 08882887. The registered office is 6 Chapelfield Mount, Thorpe Hesley, Rotherham, South Yorkshire, S61 2SL, 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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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
25% reducing balance
Motor vehicles
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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.
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Knight and Slack Limited Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
1,920
2,107
4,027
Additions
438
-
438
At 31 March 2026
2,358
2,107
4,465
Depreciation
At 1 April 2025
1,547
2,022
3,569
Charge for the year
202
21
223
At 31 March 2026
1,749
2,043
3,792
Net book value
At 31 March 2026
609
64
673
At 31 March 2025
373
85
458
5
Debtors
2026
2025
£
£
Amounts falling due after more than one year
Trade debtors
-
2,400
6
Creditors: amounts falling due within one year
2026
2025
£
£
VAT
5,898
3,200
Trade creditors
27
2,207
Taxes and social security
5,923
1,379
Loans from directors
60
-
Accruals
700
700
12,608
7,486
7
Deferred taxation
2026
2025
£
£
Accelerated capital allowances
128
87
2026
2025
£
£
Provision at start of year
87
116
Charged/(credited) to the profit and loss account
41
(29)
Provision at end of year
128
87
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Knight and Slack Limited Notes to the Accounts for the year ended 31 March 2026
8
Share capital
2026
2025
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
1 Ordinary B shares of £1 each
1
1
1 Ordinary C shares of £1 each
1
1
4
4
9
Transactions with related parties
During the year, total dividends of £20,800 (2025 - £16,000) were paid to the directors.
10
Controlling party
The company is jointly controlled by the directors, Mr R W Allott and Mr J E Gillen, by virtue of their shareholdings, each owning 50% of the issued share capital.
11
Average number of employees
During the year the average number of employees was 2 (2025: 2).
- 7 -