IRIS Accounts Production v23.2.0.158 08491640 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084916402022-02-28084916402023-02-28084916402022-03-012023-02-28084916402021-02-28084916402021-03-012022-02-28084916402022-02-2808491640ns10:Originalns15:EnglandWales2022-03-012023-02-2808491640ns14:PoundSterlingns10:Original2022-03-012023-02-2808491640ns10:Originalns10:Director12022-03-012023-02-2808491640ns10:Original2022-03-012023-02-2808491640ns10:Original2023-02-2808491640ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2808491640ns10:Originalns10:SmallEntities2022-03-012023-02-2808491640ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2808491640ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2808491640ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2808491640ns10:Originalns10:FullAccounts2022-03-012023-02-2808491640ns10:Originalns10:Director22022-03-012023-02-2808491640ns10:Originalns10:RegisteredOffice2022-03-012023-02-2808491640ns10:Original2022-02-2808491640ns10:Originalns5:CurrentFinancialInstruments2023-02-2808491640ns10:Originalns5:CurrentFinancialInstruments2022-02-2808491640ns10:Originalns5:Non-currentFinancialInstruments2023-02-2808491640ns10:Originalns5:Non-currentFinancialInstruments2022-02-2808491640ns5:ShareCapitalns10:Original2023-02-2808491640ns5:ShareCapitalns10:Original2022-02-2808491640ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2808491640ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2808491640ns10:Originalns5:PlantMachinery2022-03-012023-02-2808491640ns10:Originalns5:FurnitureFittings2022-03-012023-02-2808491640ns10:Originalns5:ComputerEquipment2022-03-012023-02-2808491640ns10:Original2021-03-012022-02-2808491640ns10:Originalns5:PlantMachinery2022-02-2808491640ns10:Originalns5:FurnitureFittings2022-02-2808491640ns10:Originalns5:ComputerEquipment2022-02-2808491640ns10:Original2022-02-2808491640ns10:Originalns5:PlantMachinery2023-02-2808491640ns10:Originalns5:FurnitureFittings2023-02-2808491640ns10:Originalns5:ComputerEquipment2023-02-2808491640ns10:Originalns5:PlantMachinery2022-02-2808491640ns10:Originalns5:FurnitureFittings2022-02-2808491640ns10:Originalns5:ComputerEquipment2022-02-2808491640ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2808491640ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2808491640ns5:Securedns10:Original2023-02-2808491640ns5:Securedns10:Original2022-02-2808491640ns10:Original1ns10:Director12022-02-2808491640ns10:Original1ns10:Director12021-02-2808491640ns10:Original1ns10:Director12022-03-012023-02-2808491640ns10:Original1ns10:Director12021-03-012022-02-2808491640ns10:Original1ns10:Director12023-02-2808491640ns10:Original1ns10:Director12022-02-2808491640ns10:Originalns10:Director222022-02-2808491640ns10:Originalns10:Director222021-02-2808491640ns10:Originalns10:Director222022-03-012023-02-2808491640ns10:Originalns10:Director222021-03-012022-02-2808491640ns10:Originalns10:Director222023-02-2808491640ns10:Originalns10:Director222022-02-28
REGISTERED NUMBER: 08491640 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

WHITE HORSE SERVICES (C & B) LIMITED

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE HORSE SERVICES (C & B) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Mr K R J Brooking
Mrs J A Cook





REGISTERED OFFICE: The White Horse Service Station
Middle Wallop
Stockbridge
Hampshire
SO20 8DZ





REGISTERED NUMBER: 08491640 (England and Wales)





ACCOUNTANTS: Hysons
Chartered Accountants
14 London Street
Andover
Hampshire
SP10 2PA

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,327 19,377

CURRENT ASSETS
Stocks 5 143,761 100,051
Debtors 6 503,806 398,903
Cash at bank and in hand 171,564 164,877
819,131 663,831
CREDITORS
Amounts falling due within one year 7 321,340 291,061
NET CURRENT ASSETS 497,791 372,770
TOTAL ASSETS LESS CURRENT
LIABILITIES

513,118

392,147

CREDITORS
Amounts falling due after more than
one year

8

53,502

34,341
NET ASSETS 459,616 357,806

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 459,516 357,706
459,616 357,806

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

BALANCE SHEET - continued
28 FEBRUARY 2023


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 8 November 2023 and were signed on its behalf by:





Mr K R J Brooking - Director


WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

White Horse Services (C & B) 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 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.

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 - 20% on cost
Fixtures and fittings - 25% on reducing balance
Office and computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value. Cost is ascertained on a FIFO basis from the invoiced amount charged by suppliers. Net realisable value represents estimated selling price.

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.

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2022 - 19 ) .

4. TANGIBLE FIXED ASSETS
Office
Fixtures and
Plant and and computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2022 58,154 42,486 23,612 124,252
Additions 150 4,100 357 4,607
At 28 February 2023 58,304 46,586 23,969 128,859
DEPRECIATION
At 1 March 2022 53,967 34,802 16,106 104,875
Charge for year 1,319 2,946 4,392 8,657
At 28 February 2023 55,286 37,748 20,498 113,532
NET BOOK VALUE
At 28 February 2023 3,018 8,838 3,471 15,327
At 28 February 2022 4,187 7,684 7,506 19,377

5. STOCKS
2023 2022
£    £   
Goods for resale 141,804 96,608
Stock of uniforms & packaging 1,957 3,443
143,761 100,051

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 39,822 12,906
Amounts owed by group undertakings 449,831 376,058
Other debtors 10,575 4,176
Directors' current accounts 272 -
Prepayments 3,306 5,763
503,806 398,903

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans 23,839 22,038
Trade creditors 229,886 190,630
Tax 24,816 37,303
Social security and other taxes 6,192 2,506
VAT 6,840 12,098
Other creditors 11,869 11,018
Accruals and deferred income 12,000 -
Accrued expenses 5,898 15,468
321,340 291,061

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2023 2022
£    £   
Other loans - 1-2 years 10,502 23,839
Other loans - 2-5 years - 10,502
Accruals and deferred income 43,000 -
53,502 34,341

9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Other loans 34,341 -

The other loan is secured by a personal guarantee given by Mrs J A Cook, a director.

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

10. CONTINGENT LIABILITIES

A related company's bank facility is secured by a fixed and floating charge over all of the assets and undertakings of this company both present and future. At 28 February 2023 this amounted to £518,649 (2022 £575,482).

11. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £128,000 (2022 - £224,000). This amount is in relation to operating lease commitments which are payable over the next 2 years.

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2023 and 28 February 2022:

2023 2022
£    £   
Mr K R J Brooking
Balance outstanding at start of year - -
Amounts advanced 169 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 169 -

Mrs J A Cook
Balance outstanding at start of year - -
Amounts advanced 3,500 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 3,500 -

13. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is party to the transaction is wholly owned within the group or where transactions have been undertaken under normal marked conditions.