V.E. WHITE & CO. LTD

Company Registration Number:
05675094 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

V.E. WHITE & CO. LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Notes

V.E. WHITE & CO. LTD

Balance sheet

As at 31 March 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 20,885 24,657
Total fixed assets: 20,885 24,657
Current assets
Stocks: 35,000 21,000
Debtors: 4 69,309 143,516
Cash at bank and in hand: 3,209,477 4,042,472
Total current assets: 3,313,786 4,206,988
Creditors: amounts falling due within one year: 5 (3,067,745) (3,890,717)
Net current assets (liabilities): 246,041 316,271
Total assets less current liabilities: 266,926 340,928
Total net assets (liabilities): 266,926 340,928
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 266,826 340,828
Shareholders funds: 266,926 340,928

The notes form part of these financial statements

V.E. WHITE & CO. LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 October 2024
and signed on behalf of the board by:

Name: A Waheed
Status: Director

The notes form part of these financial statements

V.E. WHITE & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

V.E. WHITE & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

2. Employees

2024 2023
Average number of employees during the period 18 17

V.E. WHITE & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible Assets

Total
Cost £
At 01 April 2023 71,104
At 31 March 2024 71,104
Depreciation
At 01 April 2023 46,447
Charge for year 3,772
At 31 March 2024 50,219
Net book value
At 31 March 2024 20,885
At 31 March 2023 24,657

V.E. WHITE & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 0 0

V.E. WHITE & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

Tradecreditors£2,929,413CorporationTax£63,257 Othercreditors£75,075 Total £3,067,745. Other creditors include monies held on behalf of clients totalling £2,918,930(last year--£3,737,512). These monies are also shown within the cash at bank on the accompanying balance sheet.

V.E. WHITE & CO. LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Related party transactions

Controlling party Abdul Waheed,a director,controls the company by virtue of a majority holding of the company’s issued ordinary share capital. The shareholding directors equally share the responsibility of the company’s practice under their partnership agreement.