Registration number: 07972208

Knowledge Flo Limited

(Registration number: 07972208)

Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Current assets
Investments	3	6,372	5,619
Debtors	4	53	53
Cash at bank and in hand		262,444	275,518
		268,869	281,190
Creditors: Amounts falling due within one year	5	(24,543)	(24,543)
Net assets		244,326	256,647
Capital and reserves
Called up share capital		100	100
Retained earnings		244,226	256,547
Shareholders' funds		244,326	256,647

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 15 July 2026 and signed on its behalf by:
 

.........................................

D Catton

Director

Knowledge Flo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	Accounting policies

Statutory information

Knowledge Flo Limited is a private company, limited by shares, domiciled in England and Wales, company number 07972208. The registered office is at Pegasus House, 463a Glossop Road, Sheffield, S10 2QD.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

After due consideration of all relevant factors, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the annual report and accounts.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Knowledge Flo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

1	Accounting policies (continued)

Investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the profit or loss for the period.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.
 

2	Staff numbers

The average number of persons employed by the company during the year, was 0 (2025 - 0).

3	Other financial assets

	Total £
Investments
Valuation
At 1 April 2025	5,619
Revaluations	753
At 31 March 2026	6,372

4

Debtors

	2026 £	2025 £
Other debtors	53	53

Knowledge Flo Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

5

Creditors

	2026 £	2025 £
Due within one year
Trade creditors	21,500	21,500
Accruals and deferred income	3,000	3,000
Other creditors	43	43
	24,543	24,543

6	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

On 14 April 2022 Knowledge Flo Limited sold their shares in the Floow Limited. The agreement included a provision that in the event the Preferred Sellers did not receive their full preference amount then the Ordinary Sellers are under an obligation to pay any outstanding amounts on demand to the preferred sellers. At the balance sheet date no demands have been received. it is not possible to calculate the amounts that may be payable due to the uncertainty of the future accelerated earn-out claims.