REGISTERED NUMBER: 06063621 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

M. KNIGHT CARPENTRY LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

1,974

2,633

Investment property

5

1,050,000

1,050,000

1,051,974

1,052,633

CURRENT ASSETS

Debtors

6

825

1,194

Cash at bank

34,153

32,999

34,978

34,193

CREDITORS

Amounts falling due within one year

7

26,235

30,850

NET CURRENT ASSETS

8,743

3,343

TOTAL ASSETS LESS CURRENT LIABILITIES

1,060,717

1,055,976

CREDITORS

Amounts falling due after more than one year

8

(271,859

)

(278,528

)

PROVISIONS FOR LIABILITIES

(141,920

)

(142,085

)

NET ASSETS

646,938

635,363

CAPITAL AND RESERVES

Called up share capital

10

10

Fair value reserve

9

424,278

424,278

Retained earnings

222,650

211,075

646,938

635,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

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 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.

The financial statements were approved by the director and authorised for issue on 27 October 2026 and were signed by:

M Knight - Director

1.	STATUTORY INFORMATION

M. Knight Carpentry Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

06063621

Registered office:

44 Falmer Gardens

Woodingdean

Brighton

BN2 6NE

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover is recognised in the period that the services relate to and accrued/deferred accordingly where applicable.

Turnover received from rental income is recognised for the period the income relates to.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Fixtures and fittings

-25% on reducing balance

Motor vehicles

-25% on reducing balance

Computer equipment

-25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.

EMPLOYEES

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

and 31 March 2026

241

27,100

712

28,053

DEPRECIATION

At 1 April 2025

139

24,794

487

25,420

Charge for year

26

577

56

659

At 31 March 2026

165

25,371

543

26,079

NET BOOK VALUE

At 31 March 2026

76

1,729

169

1,974

At 31 March 2025

102

2,306

225

2,633

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

1,050,000

NET BOOK VALUE

At 31 March 2026

1,050,000

At 31 March 2025

1,050,000

Fair value at 31 March 2026 is represented by:

£

Valuation in 2022

515,703

Valuation in 2025

50,000

Cost

484,297

1,050,000

If investment properties had not been revalued, they would have been included at the historical cost £263,000 (2025: £263,000).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

270

1,194

Other debtors

555

-

825

1,194

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

6,647

10,000

Taxation and social security

17,661

16,403

Other creditors

1,927

4,447

26,235

30,850

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

271,859

278,528

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

271,859

271,861

The bank loans are secured over the investment property held.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

424,278