REGISTERED NUMBER: 00450460 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CHARLES KNOWLES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

I K Knowles

Mrs Y R Knowles

P G W Knowles

G E Knowles

Mrs E N Knowles

SECRETARY:

Mrs E N Knowles

REGISTERED OFFICE:

2 The Links

HERNE BAY

Kent

CT6 7GQ

BUSINESS ADDRESS:

Elizabeth House

Oaklands Farm

Inchbrook , Stroud

Gloucestershire

GL5 5HA

REGISTERED NUMBER:

00450460 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

2 The Links

HERNE BAY

Kent

CT6 7GQ

FIXED ASSETS

Tangible assets

5

1,641

2,832

Investments

6

547,720

539,826

Investment property

7

825,000

820,026

1,374,361

1,362,684

CURRENT ASSETS

Debtors

8

2,197

2,132

Cash at bank

699,695

845,761

701,892

847,893

CREDITORS

Amounts falling due within one year

9

6,420

5,886

NET CURRENT ASSETS

695,472

842,007

TOTAL ASSETS LESS CURRENT LIABILITIES

2,069,833

2,204,691

PROVISIONS FOR LIABILITIES

46,661

48,507

NET ASSETS

2,023,172

2,156,184

CAPITAL AND RESERVES

Called up share capital

10

2,500

2,500

Fair value reserve

11

235,647

242,648

Retained earnings

1,785,025

1,911,036

SHAREHOLDERS' FUNDS

2,023,172

2,156,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 27th November 2025 and were signed on its behalf by:

P G W Knowles - Director

1.	STATUTORY INFORMATION

Charles Knowles Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represents rental income due and investment income paid, excluding value added tax.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on a straight line basis

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.

Pension costs and other post-retirement benefits

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

and 31st March 2025

2,020

3,650

5,658

11,328

DEPRECIATION

At 1st April 2024

1,168

3,602

3,726

8,496

Charge for year

213

12

966

1,191

At 31st March 2025

1,381

3,614

4,692

9,687

NET BOOK VALUE

At 31st March 2025

639

36

966

1,641

At 31st March 2024

852

48

1,932

2,832

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1st April 2024

539,826

Additions

99,078

Disposals

(99,603

)

Revaluations

8,419

At 31st March 2025

547,720

NET BOOK VALUE

At 31st March 2025

547,720

At 31st March 2024

539,826

Cost or valuation at 31st March 2025 is represented by:

Other

investments

£

Valuation in 2025

547,720

The fixed asset investments are revalued to the current market value.

Had these not been revalued, they would be carried at the book cost of £497,491.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st April 2024

820,026

Revaluations

4,974

At 31st March 2025

825,000

NET BOOK VALUE

At 31st March 2025

825,000

At 31st March 2024

820,026

Fair value at 31st March 2025 is represented by:

£

Valuation in 2025

825,000

The valuation has been conducted by the director of the company using extensive knowledge of the property markets, recent discussions with property agents and guidance of online property valuation sites. It is believed this is a fair representation of the market value at the balance sheet date.

Had these not been revalued, they would be carried at the historic cost of £592,921.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

1,411

1,411

Rental debtor

300

300

Prepayments

486

421

2,197

2,132

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other creditors and accruals

6,420

5,886

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

480

Ordinary 'A' Shares

£1

480

480

276

Ordinary 'B' Shares

£1

276

276

125

Ordinary 'C' Shares

£1

125

125

125

Ordinary 'D' Shares

£1

125

125

300

Ordinary 'E' Shares

£1

300

300

150

Ordinary 'G' Shares

£1

150

150

131

Ordinary 'F1' Shares

£1

131

131

131

Ordinary 'F2' Shares

£1

131

131

339

Ordinary 'H' Shares

£1

339

339

245

Ordinary 'J' Shares

£1

245

245

198

Ordinary B Shares

£1

198

198

2,500

2,500

11.

RESERVES

Fair

value

reserve

£

At 1st April 2024

242,648

Reserve transfer

(7,001

)

At 31st March 2025

235,647