| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2025 |
| for |
| Knaresborough Investments Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Year Ended 31 December 2025 |
| for |
| Knaresborough Investments Limited |
| Knaresborough Investments Limited (Registered number: 04138348) |
| Contents of the Financial Statements |
| for the Year Ended 31 December 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Knaresborough Investments Limited |
| Company Information |
| for the Year Ended 31 December 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Knaresborough Investments Limited (Registered number: 04138348) |
| Balance Sheet |
| 31 December 2025 |
| 31/12/25 | 31/12/24 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Investments | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 8 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CAPITAL AND RESERVES |
| Called up share capital |
| Revaluation reserve | 9 | ( |
) | ( |
) |
| Fair value reserve | 9 | ( |
) | ( |
) |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| Knaresborough Investments Limited (Registered number: 04138348) |
| Balance Sheet - continued |
| 31 December 2025 |
| The director acknowledges his 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 were approved by the director and authorised for issue on |
| Knaresborough Investments Limited (Registered number: 04138348) |
| Notes to the Financial Statements |
| for the Year Ended 31 December 2025 |
| 1. | STATUTORY INFORMATION |
| Knaresborough Investments Limited is a |
| 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 as modified by the revaluation of certain assets. |
| Preparation of consolidated financial statements |
| The financial statements contain information about Knaresborough Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements. |
| Investment income and other operating income |
| The investment income and other operating income shown in the profit and loss account represents dividend income received in relation to investments made in listed securities during the year, and the realised gains from such investments. |
| Tangible fixed assets |
| Motor vehicles - 33% straight line |
| Investments in subsidiaries and associates |
| Investments in subsidiary and associate undertakings are recognised at cost. |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| Knaresborough Investments Limited (Registered number: 04138348) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 January 2025 |
| and 31 December 2025 |
| DEPRECIATION |
| At 1 January 2025 |
| and 31 December 2025 |
| NET BOOK VALUE |
| At 31 December 2025 |
| 5. | FIXED ASSET INVESTMENTS |
| Share in | Interest |
| grp | in | Other |
| undertakings | associates | investments | Totals |
| £ | £ | £ | £ |
| COST OR VALUATION |
| At 1 January 2025 | 139,965,678 |
| Additions | 560,726 |
| Disposals | ( |
) | ( |
) | (30,734,405 | ) |
| Revaluations | 517,430 |
| Impairments | ( |
) | (8,088,404 | ) |
| At 31 December 2025 | 102,221,025 |
| NET BOOK VALUE |
| At 31 December 2025 | 102,221,025 |
| At 31 December 2024 | 139,965,678 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/25 | 31/12/24 |
| £ | £ |
| Other debtors |
| Knaresborough Investments Limited (Registered number: 04138348) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 December 2025 |
| 7. | CURRENT ASSET INVESTMENTS |
| 31/12/25 | 31/12/24 |
| £ | £ |
| Listed investments | 11 | 6 |
| Other |
| 8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31/12/25 | 31/12/24 |
| £ | £ |
| Trade creditors |
| Amounts owed to group undertakings |
| Amounts owed to participating interests | 45,500,188 | 42,597,762 |
| Other creditors |
| 9. | RESERVES |
| Fair |
| Revaluation | value |
| reserve | reserve | Totals |
| £ | £ | £ |
| At 1 January 2025 | (50,334 | ) | (5,173,475 | ) | (5,223,809 | ) |
| Revaluation | 5 | 517,430 | 517,435 |
| At 31 December 2025 | (50,329 | ) | (4,656,045 | ) | (4,706,374 | ) |