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REGISTERED NUMBER: 06451401 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

WHITE OX FINANCIAL SERVICES LIMITED

WHITE OX FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 06451401)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WHITE OX FINANCIAL SERVICES LIMITED

COMPANY INFORMATION
for the Year Ended 31st December 2023







DIRECTOR: Mr A W S Mills





SECRETARY: Mrs S E Mills





REGISTERED OFFICE: 7 Little Sandhill
Kirkoswald
Penrith
Cumbria
CA10 1EL





REGISTERED NUMBER: 06451401 (England and Wales)





ACCOUNTANTS: DCB Accountants Limited
Compton House
104 Scotland Road
Penrith
Cumbria
CA11 7NR

WHITE OX FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 06451401)

BALANCE SHEET
31st December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 168 224

CURRENT ASSETS
Cash at bank 8,787 8,920

CREDITORS
Amounts falling due within one year 5 4,407 7,976
NET CURRENT ASSETS 4,380 944
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,548

1,168

PROVISIONS FOR LIABILITIES 6 32 43
NET ASSETS 4,516 1,125

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 4,416 1,025
SHAREHOLDERS' FUNDS 4,516 1,125

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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 15th April 2024 and were signed by:





Mr A W S Mills - Director


WHITE OX FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 06451401)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st December 2023

1. STATUTORY INFORMATION

White Ox Financial Services 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.
Computer equipment - 25% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

WHITE OX FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 06451401)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1st January 2023
and 31st December 2023 2,380
DEPRECIATION
At 1st January 2023 2,156
Charge for year 56
At 31st December 2023 2,212
NET BOOK VALUE
At 31st December 2023 168
At 31st December 2022 224

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 1,627 524
Other creditors 2,780 7,452
4,407 7,976

6. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 32 43

Deferred
tax
£   
Balance at 1st January 2023 43
Credit to Income Statement during year (11 )
Balance at 31st December 2023 32

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
100 Ordinary £1 100 100

WHITE OX FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 06451401)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st December 2023

8. RESERVES
Retained
earnings
£   

At 1st January 2023 1,025
Profit for the year 5,391
Dividends (2,000 )
At 31st December 2023 4,416