Adam Knight & Associates Ltd

Adam Knight & Associates Ltd
Contents Page
For the year ended 28 February 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

Adam Knight & Associates Ltd
Statement of Financial Position
As at 28 February 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	26,448	30,262
		26,448	30,262
Current assets
Debtors		720	720
Cash at bank and in hand		117,667	83,305
		118,387	84,025
Creditors: amount falling due within one year		(26,709)	(19,803)
Net current assets		91,678	64,222

Total assets less current liabilities		118,126	94,484
Creditors: amount falling due after more than one year		0	(2,630)
Net assets		118,126	91,854

Capital and reserves
Called up share capital	4	100	100
Profit and loss account		118,026	91,754
Shareholders' funds		118,126	91,854

For the year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 25 September 2026 and were signed by:

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Shaheenur Rahman
Director

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Adam Knight & Associates Ltd
Notes to the Abridged Financial Statements
For the year ended 28 February 2026

General Information

Adam Knight & Associates Ltd is a private company, limited by shares, registered in England and Wales, registration number 09440591, registration address Idea Space, 83 Lavender Hill, London, England, SW11 5QL.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	18% Reducing Balance
Fixtures and Fittings	18% Reducing Balance
Computer Equipment	18% Reducing Balance
Improvements to property	3% Reducing Balance

2.	Average number of employees Average number of employees during the year was 3 (2025 : 1).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Improvements to property	Total
	£	£	£	£	£
At 01 March 2025	22,200	20,198	5,668	18,485	66,551
Additions	-	-	-	-	-
Disposals	-	-	-	-	-
At 28 February 2026	22,200	20,198	5,668	18,485	66,551
Depreciation
At 01 March 2025	12,163	13,337	3,315	7,473	36,288
Charge for year	1,817	1,242	426	330	3,815
On disposals	-	-	-	-	-
At 28 February 2026	13,980	14,579	3,741	7,803	40,103
Net book values
Closing balance as at 28 February 2026	8,220	5,619	1,927	10,682	26,448
Opening balance as at 01 March 2025	10,037	6,861	2,353	11,011	30,262

4.

Share Capital

Allotted, called up and fully paid	2026 £		2025 £
100 Class A shares of £1.00 each	100		100
	100		100

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