IRIS Accounts Production v24.2.0.383 11868970 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118689702023-03-31118689702024-03-31118689702023-04-012024-03-31118689702022-03-31118689702022-04-012023-03-31118689702023-03-3111868970ns15:EnglandWales2023-04-012024-03-3111868970ns14:PoundSterling2023-04-012024-03-3111868970ns10:Director12023-04-012024-03-3111868970ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111868970ns10:SmallEntities2023-04-012024-03-3111868970ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111868970ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111868970ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111868970ns10:FullAccounts2023-04-012024-03-311186897012023-04-012024-03-3111868970ns10:Director22023-04-012024-03-3111868970ns10:CompanySecretary12023-04-012024-03-3111868970ns10:RegisteredOffice2023-04-012024-03-3111868970ns5:CurrentFinancialInstruments2024-03-3111868970ns5:CurrentFinancialInstruments2023-03-3111868970ns5:Non-currentFinancialInstruments2024-03-3111868970ns5:Non-currentFinancialInstruments2023-03-3111868970ns5:ShareCapital2024-03-3111868970ns5:ShareCapital2023-03-3111868970ns5:RetainedEarningsAccumulatedLosses2024-03-3111868970ns5:RetainedEarningsAccumulatedLosses2023-03-3111868970ns5:NetGoodwill2023-04-012024-03-3111868970ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3111868970ns5:FurnitureFittings2023-04-012024-03-3111868970ns5:MotorVehicles2023-04-012024-03-3111868970ns5:ComputerEquipment2023-04-012024-03-3111868970ns5:NetGoodwill2023-03-3111868970ns5:NetGoodwill2024-03-3111868970ns5:NetGoodwill2023-03-3111868970ns5:FurnitureFittings2023-03-3111868970ns5:MotorVehicles2023-03-3111868970ns5:ComputerEquipment2023-03-3111868970ns5:FurnitureFittings2024-03-3111868970ns5:MotorVehicles2024-03-3111868970ns5:ComputerEquipment2024-03-3111868970ns5:FurnitureFittings2023-03-3111868970ns5:MotorVehicles2023-03-3111868970ns5:ComputerEquipment2023-03-3111868970ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-03-3111868970ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-31
REGISTERED NUMBER: 11868970 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

WHITLOCK AND HEAPS LTD

WHITLOCK AND HEAPS LTD (Registered number: 11868970)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITLOCK AND HEAPS LTD

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J Fisk
Mrs N Fisk





SECRETARY: J Fisk





REGISTERED OFFICE: 65 Sackville Road
Hove
BN3 3WE





REGISTERED NUMBER: 11868970 (England and Wales)





ACCOUNTANTS: Bentleys Accounting Limited
Suite 6, 141/143 South Road
Haywards Heath
West Sussex
RH16 4LY

WHITLOCK AND HEAPS LTD (Registered number: 11868970)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 25,375 29,725
Tangible assets 5 13,863 13,651
39,238 43,376

CURRENT ASSETS
Debtors 6 112,965 150,000
Cash at bank 943,505 841,004
1,056,470 991,004
CREDITORS
Amounts falling due within one year 7 761,156 630,875
NET CURRENT ASSETS 295,314 360,129
TOTAL ASSETS LESS CURRENT
LIABILITIES

334,552

403,505

CREDITORS
Amounts falling due after more than one
year

8

14,421

30,179
NET ASSETS 320,131 373,326

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 320,031 373,226
SHAREHOLDERS' FUNDS 320,131 373,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

WHITLOCK AND HEAPS LTD (Registered number: 11868970)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 12 June 2024 and were signed on its behalf by:





J Fisk - Director


WHITLOCK AND HEAPS LTD (Registered number: 11868970)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

WHITLOCK AND HEAPS 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.

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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

WHITLOCK AND HEAPS LTD (Registered number: 11868970)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 43,500
AMORTISATION
At 1 April 2023 13,775
Charge for year 4,350
At 31 March 2024 18,125
NET BOOK VALUE
At 31 March 2024 25,375
At 31 March 2023 29,725

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 5,333 23,271 1,699 30,303
Additions 3,334 - - 3,334
At 31 March 2024 8,667 23,271 1,699 33,637
DEPRECIATION
At 1 April 2023 2,006 13,453 1,193 16,652
Charge for year 499 2,454 169 3,122
At 31 March 2024 2,505 15,907 1,362 19,774
NET BOOK VALUE
At 31 March 2024 6,162 7,364 337 13,863
At 31 March 2023 3,327 9,818 506 13,651

6. DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Amounts owed by participating interests 112,965 150,000

WHITLOCK AND HEAPS LTD (Registered number: 11868970)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts - 3,840
Trade creditors 4,381 4,379
Tax 65,276 59,648
VAT 27,773 30,114
Other creditors 663,726 486,790
Directors' current accounts - 46,104
761,156 630,875

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 1-2 years 14,421 22,083
Hire purchase contracts - 8,096
14,421 30,179

9. RELATED PARTY DISCLOSURES

During the year the company paid a dividend of £ 157,348 to JNFS Properties Ltd.

JNFS Properties Ltd was owned £ 112,965 (2023 £ 150,000) as at the year end.

The directors have an interest in this company.

10. ULTIMATE CONTROLLING PARTY

The Ultimate Controlling Party is Mr J Fisk and Mrs N Fisk through there holding in JNFS Properties Ltd.