Registered number
08106155
White Leopard Limited
Filleted Accounts
31 December 2023
White Leopard Limited
Registered number: 08106155
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 228,700 269,489
Current assets
Debtors 4 2,348 2,143
Cash at bank and in hand 16,688 12,928
19,036 15,071
Creditors: amounts falling due within one year 5 (118,198) (89,820)
Net current liabilities (99,162) (74,749)
Total assets less current liabilities 129,538 194,740
Creditors: amounts falling due after more than one year 6 (649,780) (601,916)
Net liabilities (520,242) (407,176)
Capital and reserves
Called up share capital 100 100
Profit and loss account (520,342) (407,276)
Shareholders' funds (520,242) (407,176)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Anthony Jessop
Director
Approved by the board on 15 June 2024
White Leopard Limited
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the financial statements.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value Added Tax and trade discounts.
Fixed assets and depreciation
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Computer equipment 33.3% per annum
Other equipment 20% per annum
Leasehold Improvements 10% per annum
Vehicles 33.3% per annum
The carrying values of tangible fixed assets are reviewed for impairment when events or changes in circumstances indicate that the carrying value may not be recoverable.
Leased assets
- Finance lease
Assets acquired under finance leases are capitalised and the outstanding future lease obligations are shown in creditors. Capitalised leased assets are depreciated over the shorter of the lease term and the estimated useful life of the asset.
- Operating lease
Leases where the lessor retains substantially all the risks and rewards of ownership are classified as operating leases. Operating lease rentals are charged to the profit and loss account on a straight line basis over the period of the lease.
Taxation
The charge for taxation is based on the profit for the year and takes into account taxation deferred because of timing differences between the treatment of certain items for taxation and accounting purposes.
Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes which have arisen but not reversed by the balance sheet date, except as otherwise required by FRS 19.
Dividends
Dividends paid to the Directors for the year were £nil.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 28 21
3 Tangible fixed assets
Total
£
Cost
At 1 January 2023 409,022
Additions 6,959
At 31 December 2023 415,981
Depreciation
At 1 January 2023 139,533
Charge for the year 47,748
At 31 December 2023 187,281
Net book value
At 31 December 2023 228,700
At 31 December 2022 269,489
4 Debtors 2023 2022
£ £
Prepayments 714 2,143
VAT Debtor 1,634 -
2,348 2,143
5 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors 48,650 20,053
Taxation and social security costs - 6,354
Other creditors 69,548 63,413
118,198 89,820
6 Creditors: amounts falling due after one year 2023 2022
£ £
Other creditors 649,780 601,916
White Leopard Limited 08106155 false 2023-01-01 2023-12-31 2023-12-31 VT Final Accounts April 2024 Anthony Jessop No description of principal activity 08106155 2022-01-01 2022-12-31 08106155 core:WithinOneYear 2022-12-31 08106155 core:AfterOneYear 2022-12-31 08106155 core:ShareCapital 2022-12-31 08106155 core:RetainedEarningsAccumulatedLosses 2022-12-31 08106155 2023-01-01 2023-12-31 08106155 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08106155 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08106155 bus:Director40 2023-01-01 2023-12-31 08106155 core:ComputerEquipment 2023-01-01 2023-12-31 08106155 core:LeaseholdImprovements 2023-01-01 2023-12-31 08106155 core:MotorVehicles 2023-01-01 2023-12-31 08106155 bus:FRS102 2023-01-01 2023-12-31 08106155 bus:FilletedAccounts 2023-01-01 2023-12-31 08106155 2023-12-31 08106155 core:WithinOneYear 2023-12-31 08106155 core:AfterOneYear 2023-12-31 08106155 core:ShareCapital 2023-12-31 08106155 core:RetainedEarningsAccumulatedLosses 2023-12-31 08106155 2022-12-31 iso4217:GBP xbrli:pure