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REGISTERED NUMBER: 08491640 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

WHITE HORSE SERVICES (C & B) LIMITED

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITE HORSE SERVICES (C & B) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr K R J Brooking
Mrs J A Cook





REGISTERED OFFICE: The White Horse Service Station
Middle Wallop
Stockbridge
Hampshire
SO20 8DZ





REGISTERED NUMBER: 08491640 (England and Wales)





ACCOUNTANTS: Hysons
Chartered Accountants
14 London Street
Andover
Hampshire
SP10 2PA

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

BALANCE SHEET
29 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 13,639 15,327

CURRENT ASSETS
Stocks 5 130,324 143,761
Debtors 6 689,634 503,806
Cash at bank and in hand 110,631 171,564
930,589 819,131
CREDITORS
Amounts falling due within one year 7 321,125 321,340
NET CURRENT ASSETS 609,464 497,791
TOTAL ASSETS LESS CURRENT
LIABILITIES

623,103

513,118

CREDITORS
Amounts falling due after more than
one year

8

31,000

53,502
NET ASSETS 592,103 459,616

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 592,003 459,516
SHAREHOLDERS' FUNDS 592,103 459,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

BALANCE SHEET - continued
29 FEBRUARY 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 25 November 2024 and were signed on its behalf by:




Mr K R J Brooking - Director



Mrs J A Cook - Director


WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

White Horse Services (C & B) 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 25% on reducing balance
Office and computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value. Cost is ascertained on a FIFO basis from the invoiced amount charged by suppliers. Net realisable value represents estimated selling price.

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.

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued

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 22 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Office
Fixtures and
Plant and and computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2023 58,304 46,586 23,969 128,859
Additions 1,512 4,403 416 6,331
At 29 February 2024 59,816 50,989 24,385 135,190
DEPRECIATION
At 1 March 2023 55,286 37,748 20,498 113,532
Charge for year 1,519 3,312 3,188 8,019
At 29 February 2024 56,805 41,060 23,686 121,551
NET BOOK VALUE
At 29 February 2024 3,011 9,929 699 13,639
At 28 February 2023 3,018 8,838 3,471 15,327

5. STOCKS
2024 2023
£    £   
Goods for resale 127,497 141,804
Stock of uniforms & packaging 2,827 1,957
130,324 143,761

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 74,123 39,822
Amounts owed by group undertakings 608,173 449,831
Other debtors 5,394 10,575
Directors' current accounts 481 272
Prepayments 1,463 3,306
689,634 503,806

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other loans 10,502 23,839
Trade creditors 210,603 229,886
Tax 42,549 24,816
Social security and other taxes 5,409 6,192
VAT 19,434 6,840
Other creditors 12,095 11,869
Accruals and deferred income 12,000 12,000
Accrued expenses 8,533 5,898
321,125 321,340

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Other loans - 1-2 years - 10,502
Accruals and deferred income 31,000 43,000
31,000 53,502

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Other loans 10,502 34,341

The other loan is secured by a personal guarantee given by Mrs J A Cook, a director.

10. CONTINGENT LIABILITIES

A related company's bank facility is secured by a fixed and floating charge over all of the assets and undertakings of this company both present and future. At 29 February 2024 this amounted to £465,051 (2023 £518,649).

WHITE HORSE SERVICES (C & B) LIMITED (REGISTERED NUMBER: 08491640)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

11. OTHER FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £32,000 (2023 - £128,000). This amount is in relation to operating lease commitments which are payable over the next year.

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29 February 2024 and 28 February 2023:

2024 2023
£    £   
Mr K R J Brooking
Balance outstanding at start of year - -
Amounts advanced 209 169
Amounts repaid - (169 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 209 -

Mrs J A Cook
Balance outstanding at start of year 272 -
Amounts advanced - 3,500
Amounts repaid - (3,228 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 272 272

13. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with group companies where any subsidiary that is party to the transaction is wholly owned within the group or where transactions have been undertaken under normal marked conditions.