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REGISTERED NUMBER: 08854880 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

WHITE & LUCKMAN LIMITED

WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE & LUCKMAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







DIRECTORS: K Baker
S C Baker





REGISTERED OFFICE: Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG





REGISTERED NUMBER: 08854880 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Chartered Accountants
Black Country House
Rounds Green Road
Oldbury
West Midlands
B69 2DG

WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

BALANCE SHEET
31 MARCH 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,000 8,000
Tangible assets 5 8,786 22,553
12,786 30,553

CURRENT ASSETS
Debtors 6 9,034 5,368
Cash at bank and in hand 1,838 30,455
10,872 35,823
CREDITORS
Amounts falling due within one year 7 9,564 32,773
NET CURRENT ASSETS 1,308 3,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,094

33,603

CREDITORS
Amounts falling due after more than
one year

8

(5,717

)

(11,662

)

PROVISIONS FOR LIABILITIES (977 ) (977 )
NET ASSETS 7,400 20,964

WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

BALANCE SHEET - continued
31 MARCH 2018

2018 2017
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7,399 20,963
SHAREHOLDERS' FUNDS 7,400 20,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 12 November 2018 and were
signed on its behalf by:





S C Baker - Director


WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018


1. STATUTORY INFORMATION

White & Luckman 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding
discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are
measured at cost less any accumulated amortisation and any accumulated impairment
losses.

Tangible fixed assets
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.
Motor vehicles - 20% on cost
Office equipmt - 20% on cost

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.


WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the
balance sheet. Those held under hire purchase contracts are depreciated over their
estimated useful lives. Those held under finance leases are depreciated over their
estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period.
The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over
the period of the lease.

Going concern
The company has cash resources and has no requirement for external funding. The
directors have a reasonable expectation that the company has adequate resources to
continue in operational existence for the foreseeable future. They continue to believe the
going concern basis of accounting appropriate in preparing the annual financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2017
and 31 March 2018 20,000
AMORTISATION
At 1 April 2017 12,000
Amortisation for year 4,000
At 31 March 2018 16,000
NET BOOK VALUE
At 31 March 2018 4,000
At 31 March 2017 8,000

5. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipmt Totals
£    £    £   
COST
At 1 April 2017 33,150 543 33,693
Additions 7,500 - 7,500
Disposals (31,252 ) - (31,252 )
At 31 March 2018 9,398 543 9,941
DEPRECIATION
At 1 April 2017 10,979 161 11,140
Charge for year 505 109 614
Eliminated on disposal (10,599 ) - (10,599 )
At 31 March 2018 885 270 1,155
NET BOOK VALUE
At 31 March 2018 8,513 273 8,786
At 31 March 2017 22,171 382 22,553

WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as
follows:
Motor
vehicles
£   
COST
At 1 April 2017 31,252
Disposals (31,252 )
At 31 March 2018 -
DEPRECIATION
At 1 April 2017 10,599
Eliminated on disposal (10,599 )
At 31 March 2018 -
NET BOOK VALUE
At 31 March 2018 -
At 31 March 2017 20,653

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 3,715 5,368
Other debtors 5,319 -
9,034 5,368

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Hire purchase contracts (see note
9)

1,960

4,740
Taxation and social security 3,389 10,943
Other creditors 4,215 17,090
9,564 32,773

WHITE & LUCKMAN LIMITED (REGISTERED NUMBER: 08854880)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2018


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2018 2017
£    £   
Hire purchase contracts (see note
9)

5,717

11,662

9. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2018 2017
£    £   
Net obligations repayable:
Within one year 1,960 4,740
Between one and five years 5,717 11,662
7,677 16,402