Company Registration No. 12269610 (England and Wales)
MORGAN KNIGHT CONSULTANTS LTD
Unaudited accounts
for the year ended 31 October 2021
MORGAN KNIGHT CONSULTANTS LTD
Unaudited accounts
Contents
MORGAN KNIGHT CONSULTANTS LTD
Company Information
for the year ended 31 October 2021
Company Number
12269610 (England and Wales)
Registered Office
FIRST FLOOR, 14 CHURCH STREET
ILKLEY
LS29 9DS
ENGLAND
MORGAN KNIGHT CONSULTANTS LTD
Statement of financial position
as at
31 October 2021
Tangible assets
75,643
67,350
Cash at bank and in hand
39,121
12,535
Creditors: amounts falling due within one year
(184,465)
(141,445)
Net current (liabilities)/assets
(12,138)
7,307
Total assets less current liabilities
63,505
74,657
Creditors: amounts falling due after more than one year
-
(50,000)
Called up share capital
1
1
Profit and loss account
63,504
24,656
Shareholders' funds
63,505
24,657
For the year ending 31 October 2021 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 April 2022 and were signed on its behalf by
Peter Wadsworth
Director
Company Registration No. 12269610
MORGAN KNIGHT CONSULTANTS LTD
Notes to the Accounts
for the year ended 31 October 2021
MORGAN KNIGHT CONSULTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12269610. The registered office is FIRST FLOOR, 14 CHURCH STREET, ILKLEY, LS29 9DS, 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.
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
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2020
40,627
21,065
25,300
86,992
Additions
-
7,960
22,100
30,060
At 31 October 2021
40,627
29,025
47,400
117,052
At 1 November 2020
10,157
3,160
6,325
19,642
Charge for the year
7,618
3,880
10,269
21,767
At 31 October 2021
17,775
7,040
16,594
41,409
At 31 October 2021
22,852
21,985
30,806
75,643
At 31 October 2020
30,470
17,905
18,975
67,350
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
133,206
136,217
MORGAN KNIGHT CONSULTANTS LTD
Notes to the Accounts
for the year ended 31 October 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
50,000
-
Trade creditors
126,088
121,582
Taxes and social security
7,167
21,438
7
Creditors: amounts falling due after more than one year
2021
2020
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).