Company Registration No. 09566661 (England and Wales)
Knowab Ltd
Unaudited accounts
for the year ended 31 March 2026
Knowab Ltd
Unaudited accounts
Contents
Knowab Ltd
Company Information
for the year ended 31 March 2026
Company Number
09566661 (England and Wales)
Registered Office
41 Oldfields Road
Sutton
Surrey
SM1 2NB
England
Knowab Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
38,546
56,503
Cash at bank and in hand
13,011
40,297
Creditors: amounts falling due within one year
(51,355)
(54,042)
Net current assets
106,289
143,138
Total assets less current liabilities
144,835
199,641
Creditors: amounts falling due after more than one year
-
(11,667)
Provisions for liabilities
Deferred tax
(9,636)
(14,126)
Net assets
135,199
173,848
Called up share capital
200
200
Profit and loss account
134,999
173,648
Shareholders' funds
135,199
173,848
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 August 2026 and were signed on its behalf by
Stephen Knowles
Director
Company Registration No. 09566661
Knowab Ltd
Notes to the Accounts
for the year ended 31 March 2026
Knowab Ltd is a private company, limited by shares, registered in England and Wales, registration number 09566661. The registered office is 41 Oldfields Road, Sutton, Surrey, SM1 2NB, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted.
Knowab Ltd
Notes to the Accounts
for the year ended 31 March 2026
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery
Charge for the year
17,957
Amounts falling due within one year
Other debtors
144,633
156,883
6
Creditors: amounts falling due within one year
2026
2025
Obligations under finance leases and hire purchase contracts
5,143
5,143
Taxes and social security
44,712
47,249
7
Creditors: amounts falling due after more than one year
2026
2025
8
Transactions with related parties
Mr S Knowles is the sole director of the company and owns 50% of the issued share capital.
Knowab Ltd
Notes to the Accounts
for the year ended 31 March 2026
9
Average number of employees
During the year the average number of employees was 2 (2025: 2).