REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 March 2024 |
for |
WHITE HOUSE ENERGY LIMITED |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Year Ended 30 March 2024 |
for |
WHITE HOUSE ENERGY LIMITED |
WHITE HOUSE ENERGY LIMITED (REGISTERED NUMBER: 09626008) |
Contents of the Financial Statements |
for the year ended 30 March 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
WHITE HOUSE ENERGY LIMITED |
Company Information |
for the year ended 30 March 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
Chartered Accountants |
23 Algitha Road |
Skegness |
United Kingdom |
PE25 2AG |
WHITE HOUSE ENERGY LIMITED (REGISTERED NUMBER: 09626008) |
Balance Sheet |
30 March 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Tangible assets | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities | ( |
) | ( |
) |
Creditors |
Amounts falling due after more than one year | 7 |
Net liabilities | ( |
) | ( |
) |
Capital and reserves |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
( |
) | ( |
) |
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. |
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 |
WHITE HOUSE ENERGY LIMITED (REGISTERED NUMBER: 09626008) |
Notes to the Financial Statements |
for the year ended 30 March 2024 |
1. | Statutory information |
White House Energy Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
The net current liabilities of the Company were £1,765,087 at the year end (2022 £1,784,546). The Directors are aware of this and are willing to support the Company in the future. They have therefore been prepared on a going concern basis. |
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 |
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 NIL (2023 - NIL). |
4. | Tangible fixed assets |
Plant and |
machinery |
etc |
£ |
Cost |
At 31 March 2023 |
and 30 March 2024 |
Net book value |
At 30 March 2024 |
At 30 March 2023 |
WHITE HOUSE ENERGY LIMITED (REGISTERED NUMBER: 09626008) |
Notes to the Financial Statements - continued |
for the year ended 30 March 2024 |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
7. | Creditors: amounts falling due after more than one year |
2024 | 2023 |
£ | £ |
Bank loans |
8. | Secured debts |
Security has been given against the debt with personal guarantees given by the Directors. |