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Registered number: 05638303
Knight Architects Limited
Financial Statements
For The Year Ended 30 November 2025
Fruition Accountancy
29 Wood Street
Stratford-upon-Avon
Warwickshire
CV37 6JG
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 05638303
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 118,347 171,416
Investments 5 20 20
118,367 171,436
CURRENT ASSETS
Debtors 6 1,013,051 1,085,546
Cash at bank and in hand 991,415 773,775
2,004,466 1,859,321
Creditors: Amounts Falling Due Within One Year 7 (464,063 ) (776,695 )
NET CURRENT ASSETS (LIABILITIES) 1,540,403 1,082,626
TOTAL ASSETS LESS CURRENT LIABILITIES 1,658,770 1,254,062
NET ASSETS 1,658,770 1,254,062
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,658,670 1,253,962
SHAREHOLDERS' FUNDS 1,658,770 1,254,062
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Page 2
For the year ending 30 November 2025 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Martin Knight
Director
21st August 2026
The notes on pages 3 to 6 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Knight Architects Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05638303 . The registered office is The Generator, 20 Wharfdale Road, London, N1 9RY.
The presentatyion currency of the financial statements is Pound Sterling (£), rounded to the nearest £1.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold Evenly over lease term
Motor Vehicles 25% reducing balance
Fixtures & Fittings 25% reducing balance
Computer Equipment 3 years straight line
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2024: 23)
27 23
4. Tangible Assets
Land & Property
Leasehold Motor Vehicles Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 December 2024 143,430 14,500 97,344 76,199 331,473
Additions - - 860 11,791 12,651
As at 30 November 2025 143,430 14,500 98,204 87,990 344,124
Depreciation
As at 1 December 2024 57,316 14,439 61,394 26,908 160,057
Provided during the period 28,705 15 9,149 27,851 65,720
As at 30 November 2025 86,021 14,454 70,543 54,759 225,777
...CONTINUED
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Net Book Value
As at 30 November 2025 57,409 46 27,661 33,231 118,347
As at 1 December 2024 86,114 61 35,950 49,291 171,416
5. Investments
Unlisted
£
Cost
As at 1 December 2024 20
As at 30 November 2025 20
Provision
As at 1 December 2024 -
As at 30 November 2025 -
Net Book Value
As at 30 November 2025 20
As at 1 December 2024 20
The investment is a 24% share in Knight Architects S.A.S a company registered in France (registered number 938548088).
6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 266,233 508,930
Prepayments and accrued income 87,687 63,907
Other debtors 37,562 39,587
Income accrued 406,645 292,339
Amounts owed by group undertakings 214,924 180,783
1,013,051 1,085,546
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7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 72,744 49,948
Corporation tax 105,702 123,526
Other taxes and social security 35,675 29,245
VAT 14,612 28,212
Pension control 7,008 6,495
Accruals and deferred income 223,973 309,542
Directors' loan accounts 4,349 229,727
464,063 776,695
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2025 2024
£ £
Not later than one year 102,400 102,400
Later than one year and not later than five years 26,800 129,200
129,200 231,600
10. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is Knight Architects Group Limited. Knight Architects Group Limited was incorporated in England and Wales. Copies of the group accounts may be obtained from the secretary, The Generator, 20 Wharfdale Road, London, N1 9RY. The ultimate controlling party is Knight Architects Group Limited who controls 100% of the shares of Knight Architects Limited.
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