IRIS Accounts Production v23.3.1.45 04712305 director 1.6.22 31.5.23 31.5.23 false true false false true false A Ordinary Shares 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh047123052022-05-31047123052023-05-31047123052022-06-012023-05-31047123052021-05-31047123052021-06-012022-05-31047123052022-05-3104712305ns10:Originalns15:EnglandWales2022-06-012023-05-3104712305ns14:PoundSterlingns10:Original2022-06-012023-05-3104712305ns10:Originalns10:Director12022-06-012023-05-3104712305ns10:Original2022-06-012023-05-3104712305ns10:Original2023-05-3104712305ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3104712305ns10:Originalns10:SmallEntities2022-06-012023-05-3104712305ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3104712305ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3104712305ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3104712305ns10:Originalns10:FullAccounts2022-06-012023-05-3104712305ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3104712305ns10:Originalns10:OrdinaryShareClass22022-06-012023-05-3104712305ns10:OrdinaryShareClass3ns10:Original2022-06-012023-05-3104712305ns10:Originalns10:RegisteredOffice2022-06-012023-05-3104712305ns10:Original2022-05-3104712305ns10:Originalns5:CurrentFinancialInstruments2023-05-3104712305ns10:Originalns5:CurrentFinancialInstruments2022-05-3104712305ns5:ShareCapitalns10:Original2023-05-3104712305ns5:ShareCapitalns10:Original2022-05-3104712305ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3104712305ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3104712305ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-06-012023-05-3104712305ns10:Originalns5:PlantMachinery2022-06-012023-05-3104712305ns10:Originalns5:FurnitureFittings2022-06-012023-05-3104712305ns10:Originalns5:MotorVehicles2022-06-012023-05-3104712305ns10:Original2021-06-012022-05-3104712305ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3104712305ns10:Originalns5:PlantMachinery2022-05-3104712305ns10:Originalns5:FurnitureFittings2022-05-3104712305ns10:Originalns5:MotorVehicles2022-05-3104712305ns10:Original2022-05-3104712305ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2023-05-3104712305ns10:Originalns5:PlantMachinery2023-05-3104712305ns10:Originalns5:FurnitureFittings2023-05-3104712305ns10:Originalns5:MotorVehicles2023-05-3104712305ns10:Originalns5:ShortLeaseholdAssetsns5:LandBuildings2022-05-3104712305ns10:Originalns5:PlantMachinery2022-05-3104712305ns10:Originalns5:FurnitureFittings2022-05-3104712305ns10:Originalns5:MotorVehicles2022-05-3104712305ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3104712305ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3104712305ns10:Originalns10:OrdinaryShareClass12023-05-3104712305ns10:Originalns10:OrdinaryShareClass22023-05-3104712305ns10:OrdinaryShareClass3ns10:Original2023-05-31
REGISTERED NUMBER: 04712305 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Whitebridge Cars Ltd

Whitebridge Cars Ltd (Registered number: 04712305)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Whitebridge Cars Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTOR: C J Murphy





REGISTERED OFFICE: Willow House
Church Lane
Hampton Poyle
Kidlington
Oxfordshire
OX5 2QF





REGISTERED NUMBER: 04712305 (England and Wales)





ACCOUNTANTS: Aspen Waite South Ltd
Boston House
Grove Business Park
Wantage
Oxfordshire
OX12 9FF

Whitebridge Cars Ltd (Registered number: 04712305)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36,396 46,716

CURRENT ASSETS
Stocks 661,278 457,163
Debtors 5 35,875 60,387
Cash at bank 119,678 398,256
816,831 915,806
CREDITORS
Amounts falling due within one year 6 503,802 579,717
NET CURRENT ASSETS 313,029 336,089
TOTAL ASSETS LESS CURRENT
LIABILITIES

349,425

382,805

PROVISIONS FOR LIABILITIES 3,318 4,710
NET ASSETS 346,107 378,095

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 346,007 377,995
SHAREHOLDERS' FUNDS 346,107 378,095

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 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 director and authorised for issue on 29 January 2024 and were signed by:



C J Murphy - Director


Whitebridge Cars Ltd (Registered number: 04712305)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Whitebridge Cars 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Short leasehold - Written off over lease period
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Whitebridge Cars Ltd (Registered number: 04712305)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Motor
leasehold machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 June 2022 27,078 61,437 10,524 65,000 164,039
Disposals - (17,439 ) (2,390 ) - (19,829 )
At 31 May 2023 27,078 43,998 8,134 65,000 144,210
DEPRECIATION
At 1 June 2022 3,465 56,558 7,725 49,575 117,323
Charge for year 488 4,409 1,432 3,856 10,185
Eliminated on disposal - (17,439 ) (2,255 ) - (19,694 )
At 31 May 2023 3,953 43,528 6,902 53,431 107,814
NET BOOK VALUE
At 31 May 2023 23,125 470 1,232 11,569 36,396
At 31 May 2022 23,613 4,879 2,799 15,425 46,716

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors - 5,000
Other debtors 35,875 55,387
35,875 60,387

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors 13,094 1,119
Taxation and social security 637 32,437
Other creditors 490,071 546,161
503,802 579,717

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
52 A Ordinary Shares £1.00 52 52
24 Ordinary B £1.00 24 24
24 Ordinary C £1.00 24 24
100 100