Knights (Sussex) Limited - Limited company - abbreviated - 11.9

Knights (Sussex) Limited - Limited company - abbreviated - 11.9

KNIGHTS (SUSSEX) LIMITED - Company Information

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00609836 1.10.14 30.9.15 30.9.15 Company accounts Private Limited Company FY true false true false false true false 'A' ordinary 1.00000 'B' ordinary 1.00000 'C' ordinary 1.00000 'D' ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure006098362014-09-30006098362015-09-30006098362014-10-012015-09-30006098362013-09-30006098362013-10-012014-09-30006098362014-09-3000609836ns14:PoundSterling2014-10-012015-09-3000609836ns7:Director12014-10-012015-09-3000609836ns7:OrdinaryShareClass12014-10-012015-09-3000609836ns7:OrdinaryShareClass22014-10-012015-09-3000609836ns7:OrdinaryShareClass32014-10-012015-09-3000609836ns7:OrdinaryShareClass42014-10-012015-09-3000609836ns7:CompanySecretary2014-10-012015-09-3000609836ns7:RegisteredOffice2014-10-012015-09-3000609836ns7:EntityAccountantsOrAuditors2014-10-012015-09-3000609836ns5:OtherIntangibleFixedAssets2014-10-012015-09-3000609836ns5:LandBuildings2014-10-012015-09-3000609836ns5:PlantMachinery2014-10-012015-09-3000609836ns7:OrdinaryShareClass12015-09-3000609836ns7:OrdinaryShareClass12014-09-3000609836ns7:OrdinaryShareClass22015-09-3000609836ns7:OrdinaryShareClass22014-09-3000609836ns7:OrdinaryShareClass32015-09-3000609836ns7:OrdinaryShareClass32014-09-3000609836ns7:OrdinaryShareClass42015-09-3000609836ns7:OrdinaryShareClass42014-09-30
REGISTERED NUMBER: 00609836











ABBREVIATED UNAUDITED ACCOUNTS

FOR THE YEAR ENDED 30 SEPTEMBER 2015

FOR

KNIGHTS (SUSSEX) LIMITED

KNIGHTS (SUSSEX) LIMITED (REGISTERED NUMBER: 00609836)

CONTENTS OF THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015










Page

Company Information 1

Abbreviated Balance Sheet 2

Notes to the Abbreviated Accounts 3

KNIGHTS (SUSSEX) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2015







DIRECTOR: D Knight





SECRETARY: Mrs D Knight





REGISTERED OFFICE: 30 New Road
Brighton
East Sussex
BN1 1BN





REGISTERED NUMBER: 00609836





ACCOUNTANTS: Hilton Sharp & Clarke
30 New Road
Brighton
East Sussex
BN1 1BN
Page 1
KNIGHTS (SUSSEX) LIMITED (REGISTERED NUMBER: 00609836)

ABBREVIATED BALANCE SHEET
30 SEPTEMBER 2015

2015 2014
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 2 - -
Tangible assets 3 956 66,198
956 66,198

CURRENT ASSETS
Debtors 2,688 6,187
Cash at bank and in hand 312,682 218,999
315,370 225,186
CREDITORS
Amounts falling due within one year 14,910 102,216
NET CURRENT ASSETS 300,460 122,970
TOTAL ASSETS LESS CURRENT
LIABILITIES
301,416
189,168

CAPITAL AND RESERVES
Called up share capital 4 630 630
Capital redemption reserve 1,872 1,872
Profit and loss account 298,914 186,666
SHAREHOLDERS' FUNDS 301,416 189,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2015 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.


The financial statements were approved by the director on 29 December 2015 and were signed by:





D Knight - Director


The notes form part of these abbreviated accounts

Page 2
KNIGHTS (SUSSEX) LIMITED (REGISTERED NUMBER: 00609836)

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 30 SEPTEMBER 2015


1. ACCOUNTING POLICIES

Accounting convention
The financial statements have been prepared under the historical cost convention and in accordance with the Financial
Reporting Standard for Smaller Entities (effective April 2008).

Turnover
Turnover represents net invoices sales of goods and services, excluding value added tax.

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

Franchise - fully amortised

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

Land and buildings - not provided
Plant and machinery etc - 20% on reducing balance

No depreciation has been provided on the freehold properties because it is the practice of the company to maintain the
properties in a continual state of sound repair. For this reason the life is considered so long and the residual value
sufficiently high that the depreciation is insignificant.

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

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 the profit and loss account in the period to which they relate.

2. INTANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014
and 30 September 2015 28,000
AMORTISATION
At 1 October 2014
and 30 September 2015 28,000
NET BOOK VALUE

At 30 September 2015 -
At 30 September 2014 -

Page 3 continued...
KNIGHTS (SUSSEX) LIMITED (REGISTERED NUMBER: 00609836)

NOTES TO THE ABBREVIATED ACCOUNTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2015


3. TANGIBLE FIXED ASSETS
Total
£   
COST
At 1 October 2014 83,549
Additions 480
Disposals (65,483 )
At 30 September 2015 18,546
DEPRECIATION
At 1 October 2014 17,351
Charge for year 239
At 30 September 2015 17,590
NET BOOK VALUE
At 30 September 2015 956
At 30 September 2014 66,198

4. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2015 2014
value: £    £   
618 'A' ordinary £1 618 618
10 'B' ordinary £1 10 10
1 'C' ordinary £1 1 1
1 'D' ordinary £1 1 1
630 630

5. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed the director £8,995 (2014: £52,432).

At the balance sheet date the company owed the director's wife £1,000 (2014: £31,086). This amount is included within
other creditors.

During the year dividends of £70,000 (2014: £70,000) were paid to the director and his wife.

6. ULTIMATE CONTROLLING PARTY

The controlling party is D Knight.


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