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Registered number: SC585604
Knowles Group Limited
Unaudited Financial Statements
For The Year Ended 31 January 2026
Contents
Page
Company Information 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Company Information
Director S H Cowie
Company Number SC585604
Registered Office 5 Carden Place
Aberdeen
AB10 1UT
Page 1
Page 2
Balance Sheet
Registered number: SC585604
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,970,424 2,998,559
Investments 5 4,401 4,401
2,974,825 3,002,960
CURRENT ASSETS
Debtors 6 618,866 479,575
Cash at bank and in hand 90,604 192,264
709,470 671,839
Creditors: Amounts Falling Due Within One Year 7 (166,607 ) (144,017 )
NET CURRENT ASSETS (LIABILITIES) 542,863 527,822
TOTAL ASSETS LESS CURRENT LIABILITIES 3,517,688 3,530,782
NET ASSETS 3,517,688 3,530,782
CAPITAL AND RESERVES
Called up share capital 8 20,134 20,134
Profit and Loss Account 3,497,554 3,510,648
SHAREHOLDERS' FUNDS 3,517,688 3,530,782
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Page 3
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
S H Cowie
Director
26th October 2026
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Knowles Group Limited is a private company, limited by shares, incorporated in Scotland, registered number SC585604 . The registered office is 5 Carden Place, Aberdeen, AB10 1UT.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value
added tax and other sales taxes.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if
held under a finance lease, over the lease term, whichever is the shorter:
Fixtures & Fittings 5 years straight line
Computer Equipment 3 years straight line
2.4. Investment Properties
All investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in
fair value is recognised in profit or loss.
2.5. Leasing and Hire Purchase Contracts
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
2.6. 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.
2.7. Pensions
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. Average Number of Employees
Average number of employees, including directors, during the period was 1 (2025: 1)
1 1
Page 4
Page 5
4. Tangible Assets
Investment Properties
£
Cost
As at 1 February 2025 3,026,694
As at 31 January 2026 3,026,694
Depreciation
As at 1 February 2025 28,135
Provided during the period 28,135
As at 31 January 2026 56,270
Net Book Value
As at 31 January 2026 2,970,424
As at 1 February 2025 2,998,559
5. Investments
Listed Unlisted Total
£ £ £
Cost or Valuation
As at 1 February 2025 4,400 1 4,401
As at 31 January 2026 4,400 1 4,401
Provision
As at 1 February 2025 - - -
As at 31 January 2026 - - -
Net Book Value
As at 31 January 2026 4,400 1 4,401
As at 1 February 2025 4,400 1 4,401
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 43,137 12,560
Prepayments and accrued income 12,833 8,810
VAT 10,625 -
Amounts owed by associates 299,667 257,089
Amounts owed by other participating interests 252,604 201,116
618,866 479,575
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Page 6
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 28,331 3,314
Amounts owed to participating interests - 9,000
Other creditors 129,058 102,806
Taxation and social security 9,218 28,897
166,607 144,017
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 20,134 20,134
9. Controlling Party
The company's controlling party is S H and S G Cowie by virtue of their ownership of 87% of the issued share capital in the company.
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