REGISTERED NUMBER: 07026972 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

KNIGHTS RESIDENTIAL LIMITED

Page

Statement of Financial Position

1

Notes to the Financial Statements

2

FIXED ASSETS

Property, plant and equipment

4

49,258

60,855

CURRENT ASSETS

Debtors

5

396,241

288,222

Cash at bank and in hand

204,696

206,186

600,937

494,408

CREDITORS

Amounts falling due within one year

6

252,443

157,933

NET CURRENT ASSETS

348,494

336,475

TOTAL ASSETS LESS CURRENT LIABILITIES

397,752

397,330

CREDITORS

Amounts falling due after more than one year

7

-

(4,791

)

PROVISIONS FOR LIABILITIES

8

(12,315

)

(8,009

)

NET ASSETS

385,437

384,530

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

385,337

384,430

385,437

384,530

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 27 July 2026 and were signed on its behalf by:

Mr A Demetriou - Director

1.	STATUTORY INFORMATION

Knights Residential Limited 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:

07026972

Registered office:

612 High Road

London

N17 9TA

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Significant judgements and estimates

In the application of the company's accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.

There are no significant judgements and estimates involved in the preparation of the financial statements.

Revenue

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax.

Revenue is recognised when services are rendered to the customers.

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses. Such cost includes costs directly attributable to making the assets capable of operating as intended.

The carrying value of tangible assets are reviewed for impairment when events or changes in circumstances indicate the carrying value may not be recoverable.

Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Leasehold land and buildings - Over the lease terms

Fixtures and fittings - 15% on reducing balance

Motor vehicle - 25% on reducing balance

The company has adopted the policy of not depreciating the assets in the first year, however full depreciation is provided in the year of disposal.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all material timing differences that have originated but not reversed at the financial position statement of financial positiondate.

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 yearar 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Cash and cash equivalents

Cash and cash equivalents in the statement of financial position comprise cash at banks and in hand, short term deposits with an original maturity date of one month. Cash equivalents are defined as short-term, highly liquid investments that are readily convertible to known amounts of cash and that are subject to an insignificant risk of changes in value.

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.

Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Property

and

Motor

improvements

fittings

vehicles

Totals

£

£

£

£

COST

At 1 January 2025

33,218

74,631

499

108,348

Additions

-

416

-

416

At 31 December 2025

33,218

75,047

499

108,764

DEPRECIATION

At 1 January 2025

4,400

42,618

475

47,493

Charge for year

7,205

4,802

6

12,013

At 31 December 2025

11,605

47,420

481

59,506

NET BOOK VALUE

At 31 December 2025

21,613

27,627

18

49,258

At 31 December 2024

28,818

32,013

24

60,855

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

59,881

42,842

Amounts owed by group undertakings

212,260

118,000

Other debtors

124,100

127,380

396,241

288,222

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

4,399

10,000

Trade creditors

26,187

26,199

Taxation and social security

65,748

35,026

Other creditors

156,109

86,708

252,443

157,933

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

4,791

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

12,315

8,009

Deferred

tax

£

Balance at 1 January 2025

8,009

Provided during year

4,306

Balance at 31 December 2025

12,315

9.	OTHER FINANCIAL COMMITMENTS

Total future minimum payments under non-cancellable operating leases amounted to £25,000 (2024: £25,000)

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Included in other debtors due within one year is an amount of £71,479 (2024: £71,432) due from the connected companies under common directorship. The amount is interest free and repayable on demand.

Included in other creditors less than one year is an amount of £122,822 (2024: £48,902) due to connected company under common directorship. The amount is interest free and repayable on demand.