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Company Registration No. 11220254 (England and Wales)
White Box Gift Company Limited Unaudited accounts for the year ended 29 February 2024
White Box Gift Company Limited Unaudited accounts Contents
Page
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White Box Gift Company Limited Company Information for the year ended 29 February 2024
Director
Victoria Peaster
Company Number
11220254 (England and Wales)
Registered Office
72 Lenham Avenue, Saltdean 72 Lenham Ave Saltdean Brighton East Sussex BN2 8AG United Kingdom
Accountants
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN
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White Box Gift Company Limited Accountants' report
Accountants' report to the director of White Box Gift Company Limited on the preparation of the unaudited statutory accounts for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of White Box Gift Company Limited for the year ended 29 February 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of White Box Gift Company Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of White Box Gift Company Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than White Box Gift Company Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that White Box Gift Company Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of White Box Gift Company Limited. You consider that White Box Gift Company Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of White Box Gift Company Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
TaxSense Accountants Ltd 203 West Street Fareham Hants PO16 0EN 14 June 2024
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White Box Gift Company Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
71,586 
70,784 
Cash at bank and in hand
17,402 
1,801 
88,988 
72,585 
Creditors: amounts falling due within one year
(62,297)
(85,927)
Net current assets/(liabilities)
26,691 
(13,342)
Net assets/(liabilities)
26,691 
(13,342)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
26,591 
(13,442)
Shareholders' funds
26,691 
(13,342)
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 June 2024 and were signed on its behalf by
Victoria Peaster Director Company Registration No. 11220254
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White Box Gift Company Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
White Box Gift Company Limited is a private company, limited by shares, registered in England and Wales, registration number 11220254. The registered office is 72 Lenham Avenue, Saltdean 72 Lenham Ave, Saltdean, Brighton, East Sussex, BN2 8AG, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
802 
- 
Trade debtors
70,784 
70,784 
71,586 
70,784 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
1,890 
Taxes and social security
9,796 
4,178 
Loans from directors
51,512 
78,271 
Accruals
989 
1,588 
62,297 
85,927 
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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White Box Gift Company Limited Notes to the Accounts for the year ended 29 February 2024
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Victoria Peaster
Director's Loan Account
(78,271)
(18,859)
(45,443)
(51,687)
(78,271)
(18,859)
(45,443)
(51,687)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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