1 September 2023 false No description of principal activity Taxfiler 2024.5 12157130business:PrivateLimitedCompanyLtd2023-09-012024-08-31 121571302023-08-31 121571302023-09-012024-08-31 12157130business:AuditExemptWithAccountantsReport2023-09-012024-08-31 12157130business:FilletedAccounts2023-09-012024-08-31 121571302024-08-31 12157130business:Director12023-09-012024-08-31 12157130business:Director22023-09-012024-08-31 12157130business:RegisteredOffice2023-09-012024-08-31 121571302023-08-31 12157130core:WithinOneYear2024-08-31 12157130core:WithinOneYear2023-08-31 12157130core:AfterOneYear2024-08-31 12157130core:AfterOneYear2023-08-31 12157130core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 12157130core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12157130core:RevaluationReservecore:PreviouslyStatedAmount2024-08-31 12157130core:RevaluationReservecore:PreviouslyStatedAmount2023-08-31 12157130core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12157130core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12157130core:PreviouslyStatedAmount2024-08-31 12157130core:PreviouslyStatedAmount2023-08-31 12157130business:SmallEntities2023-09-012024-08-31 12157130countries:EnglandWales2023-09-012024-08-31 12157130core:PlantMachinery2023-09-012024-08-31 12157130core:PlantMachinery2023-08-31 12157130core:PlantMachinery2024-08-31 12157130core:WithinOneYear2023-09-012024-08-31 12157130core:AfterOneYear2023-09-012024-08-31 12157130business:OrdinaryShareClass12023-09-012024-08-31 12157130business:OrdinaryShareClass12022-09-012023-08-31 121571302022-09-012023-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12157130 (England and Wales)
Whitwell Holdings Ltd Unaudited accounts for the year ended 31 August 2024
Whitwell Holdings Ltd Unaudited accounts Contents
Page
- 2 -
Whitwell Holdings Ltd Company Information for the year ended 31 August 2024
Directors
Mr Andrew Mark Whitwell Mrs Wendy Jane Whitwell
Company Number
12157130 (England and Wales)
Registered Office
C/o Realise Finance Ltd Gloucester House, 23a London Road Peterborough Cambridgeshire PE2 8AN England
Accountants
Realise Finance Ltd Gloucester House 23a London Road Peterborough PE2 8AN
- 3 -
Whitwell Holdings Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,529 
269 
Investment property
150,000 
150,000 
151,529 
150,269 
Current assets
Debtors
128 
- 
Cash at bank and in hand
586 
317 
714 
317 
Creditors: amounts falling due within one year
(43,323)
(37,521)
Net current liabilities
(42,609)
(37,204)
Total assets less current liabilities
108,920 
113,065 
Creditors: amounts falling due after more than one year
(99,977)
(108,045)
Net assets
8,943 
5,020 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
(10,426)
(10,374)
Profit and loss account
19,269 
15,294 
Shareholders' funds
8,943 
5,020 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 10 October 2024 and were signed on its behalf by
Mr Andrew Mark Whitwell Director Company Registration No. 12157130
- 4 -
Whitwell Holdings Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Whitwell Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12157130. The registered office is C/o Realise Finance Ltd, Gloucester House, 23a London Road, Peterborough, Cambridgeshire, PE2 8AN, England.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
- 5 -
Whitwell Holdings Ltd Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
359 
Additions
1,768 
At 31 August 2024
2,127 
Depreciation
At 1 September 2023
90 
Charge for the year
508 
At 31 August 2024
598 
Net book value
At 31 August 2024
1,529 
At 31 August 2023
269 
5
Investment property
2024 
£ 
Fair value at 1 September 2023
150,000 
At 31 August 2024
150,000 
The 2024 valuation was made by the directors, on an open market value for existing use basis.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
128 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
11,102 
11,102 
VAT
- 
167 
Trade creditors
- 
96 
Taxes and social security
625 
927 
Loans from directors
30,876 
24,629 
Accruals
720 
600 
43,323 
37,521 
Bank loans of £11,102 (2023: £11,102) falling due within one year are secured on the assets of the company.
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
99,977 
108,045 
Bank loans of £99,977 (2023: £108,045) falling due after more than one year are secured on the assets of the company.
- 6 -
Whitwell Holdings Ltd Notes to the Accounts for the year ended 31 August 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Transactions with related parties
During the year, monies were loaned to the company by the directors. At the year end, £30,876 (2023: £24,629) was owed to the directors by the company. This balance is included within other creditors, is interest free, and is repayable on demand.
11
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -