Lewis Knight Property Limited - Filleted accounts

Registered number

15436315

Lewis Knight Property Limited

Unaudited Filleted Accounts

31 January 2026

Lewis Knight Property Limited
Registered number:		15436315
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Investment property	3		100,936			90,644

Current assets
Debtors	4	-			4,800
Cash at bank and in hand		1,186			3,914
		1,186			8,714

Creditors: amounts falling due within one year	5	(95,803)			(127,422)

Net current liabilities			(94,617)			(118,708)

Total assets less current liabilities			6,319			(28,064)

Creditors: amounts falling due after more than one year	6		(68,476)			-

Net liabilities			(62,157)			(28,064)

Capital and reserves
Called up share capital			2			2
Profit and loss account			(62,159)			(28,066)

Shareholders' funds			(62,157)			(28,064)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr B J Lewis
Director
Approved by the board on 21/10/2026.

Lewis Knight Property Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 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.

	Going concern
	After reviewing the company’s forecasts and projections, the directors have a reasonable expectation that the company has adequate resources, in the form of support from its directors and shareholders, to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover
	Turnover represents rents received and receivable, excluding VAT.

	Investment property
	Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.


2	Accounting policies (continued)

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

	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.

	Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees	2026		2025
Number			Number

	Average number of persons employed by the company	2		2


3	Investment property
Total
£
	Fair value
	At 1 February 2025			90,644
	Additions			10,292

	At 31 January 2026			100,936

	Historical cost
	At 1 February 2025			90,644
	At 31 January 2026			100,936

	The investment property was valued on an open market basis on 31 January 2026 by the directors.


4	Debtors	2026		2025
£			£

	Prepayments and accrued income	-		4,800


5	Creditors: amounts falling due within one year	2026		2025
£			£

	Bank loans and overdrafts	-		52,351
	Accruals and deferred income	900		900
	Directors' current account	94,903		74,171
		95,803		127,422


6	Creditors: amounts falling due after one year	2026		2025
£			£

	Bank loans	68,476		-


7	Loans	2026		2025
£			£
	Creditors include:
	Instalments falling due for payment after more than five years	68,476		-


	Secured bank loans	68,476		52,351

	Bank loans are secured over the properties to which they relate.


8	Related party transactions

	During the year £27,517 (2025: £74,505) was advanced from and £6,785 (2025: £334) was repaid to the directors. An amount of £94,903 (2025: £74,171) remained due to the directors at the period end.


9	Other information

	Lewis Knight Property Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Radley House Ground Floor
	Radley House
	Richardshaw Road
	Leeds
	LS28 6LE