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REGISTERED NUMBER: 07279347 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2022

FOR

WHITE ROSE CORPORATION LTD

WHITE ROSE CORPORATION LTD (REGISTERED NUMBER: 07279347)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE ROSE CORPORATION LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2022







DIRECTORS: Mrs Clare Mercer
Mr Christopher Williams





SECRETARY:





REGISTERED OFFICE: Holly Barn
Carlton Miniott
Thirsk
North Yorkshire
YO7 4NJ





REGISTERED NUMBER: 07279347 (England and Wales)





ACCOUNTANTS: White Rose Corporation Ltd
Holly Barn
Carlton Miniott
Thirsk
North Yorkshire
YO7 4NJ

WHITE ROSE CORPORATION LTD (REGISTERED NUMBER: 07279347)

BALANCE SHEET
31ST MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 36,000 37,000
Investments 5 50,000 -
86,000 37,000

CURRENT ASSETS
Debtors 6 53,358 51,134
Cash in hand 16,397 42,075
69,755 93,209
CREDITORS
Amounts falling due within one year 7 23,363 31,032
NET CURRENT ASSETS 46,392 62,177
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,392

99,177

CREDITORS
Amounts falling due after more than one
year

8

36,552

43,750
NET ASSETS 95,840 55,427

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 95,740 55,327
SHAREHOLDERS' FUNDS 95,840 55,427

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2022 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.

WHITE ROSE CORPORATION LTD (REGISTERED NUMBER: 07279347)

BALANCE SHEET - continued
31ST MARCH 2022


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 15th August 2022 and were signed on its behalf by:





Mr Christopher Williams - Director


WHITE ROSE CORPORATION LTD (REGISTERED NUMBER: 07279347)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2022

1. STATUTORY INFORMATION

White Rose Corporation Ltd 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 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. 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 2018, is being amortised evenly over its estimated useful life of twenty 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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at 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.

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

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.

WHITE ROSE CORPORATION LTD (REGISTERED NUMBER: 07279347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 2 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2021
and 31st March 2022 38,000
AMORTISATION
At 1st April 2021 1,000
Charge for year 1,000
At 31st March 2022 2,000
NET BOOK VALUE
At 31st March 2022 36,000
At 31st March 2021 37,000

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 50,000
At 31st March 2022 50,000
NET BOOK VALUE
At 31st March 2022 50,000

6. DEBTORS
2022 2021
£    £   
Amounts falling due within one year:
Trade debtors 8,112 -
Other debtors 8,762 7,384
16,874 7,384

Amounts falling due after more than one year:
Other debtors 36,484 43,750

Aggregate amounts 53,358 51,134

WHITE ROSE CORPORATION LTD (REGISTERED NUMBER: 07279347)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors (1 ) (1 )
Taxation and social security 23,364 31,033
23,363 31,032

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Other creditors 36,552 43,750