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REGISTERED NUMBER: 04717321 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Whitby Partnership Limited

Whitby Partnership Limited (Registered number: 04717321)






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


Whitby Partnership Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S M Whitby
Mrs L V Whitby





SECRETARY: Mrs L V Whitby





REGISTERED OFFICE: Rowley Farm
Black Park Road
Wexham
Slough
Buckinghamshire
SL3 6DR





REGISTERED NUMBER: 04717321 (England and Wales)





ACCOUNTANTS: Butler & Co Alresford Limited
Chartered Accountants
The Old Stables
Sutton Manor Farm
Bishops Sutton
Alresford
Hampshire
SO24 0AA

Whitby Partnership Limited (Registered number: 04717321)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 873,406 847,923
Investments 5 4 4
873,410 847,927

CURRENT ASSETS
Debtors 6 835,068 681,264
Cash at bank 129,389 41,506
964,457 722,770
CREDITORS
Amounts falling due within one year 7 361,583 232,687
NET CURRENT ASSETS 602,874 490,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,476,284

1,338,010

CREDITORS
Amounts falling due after more than one
year

8

(40,415

)

(58,040

)

PROVISIONS FOR LIABILITIES 9 (160,254 ) (154,359 )
NET ASSETS 1,275,615 1,125,611

CAPITAL AND RESERVES
Called up share capital 10 75 75
Capital redemption reserve 25 25
Retained earnings 1,275,515 1,125,511
SHAREHOLDERS' FUNDS 1,275,615 1,125,611

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.

Whitby Partnership Limited (Registered number: 04717321)

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 21 October 2024 and were signed on its behalf by:





S M Whitby - Director


Whitby Partnership Limited (Registered number: 04717321)

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

1. STATUTORY INFORMATION

Whitby Partnership Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 5% on cost
Long leasehold - Straight line over 15 years
Plant and machinery - 25% reducing balance basis

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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 3 (2023 - 3 ) .

Whitby Partnership Limited (Registered number: 04717321)

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

4. TANGIBLE FIXED ASSETS
Short Long Plant and
leasehold leasehold machinery Totals
£    £    £    £   
COST
At 1 April 2023 1,880 81,759 1,907,923 1,991,562
Additions - - 354,156 354,156
Disposals - - (154,325 ) (154,325 )
At 31 March 2024 1,880 81,759 2,107,754 2,191,393
DEPRECIATION
At 1 April 2023 439 47,693 1,095,507 1,143,639
Charge for year 94 5,451 281,148 286,693
Eliminated on disposal - - (112,345 ) (112,345 )
At 31 March 2024 533 53,144 1,264,310 1,317,987
NET BOOK VALUE
At 31 March 2024 1,347 28,615 843,444 873,406
At 31 March 2023 1,441 34,066 812,416 847,923

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 4
NET BOOK VALUE
At 31 March 2024 4
At 31 March 2023 4

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 64,050 168,683
Amounts owed by group undertakings 26,897 26,897
Other debtors 167,468 -
VAT 12,741 9,327
Accrued income 554,662 467,107
Prepayments 9,250 9,250
835,068 681,264

Whitby Partnership Limited (Registered number: 04717321)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 1,237 4,832
Bounce back loan under 1 year 10,648 1,124
Hire purchase contracts 123,124 119,701
Trade creditors 86,122 15,869
Amounts owed to group undertakings - 24,298
Tax 44,273 20,333
Social security and other taxes 3,492 6,083
Other creditors 318 -
Directors' current accounts 30,582 24,582
Accrued expenses 61,787 15,865
361,583 232,687

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bounce back loan over 1 year 14,302 32,971
Hire purchase contracts 26,113 25,069
40,415 58,040

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 160,254 154,359

Deferred
tax
£   
Balance at 1 April 2023 154,359
Capital allowances 5,895
Balance at 31 March 2024 160,254

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 75 75

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £6,000 (2023 - £10,000) were paid to the directors .

12. ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of the directors, all shareholders of the company.