Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false102023-04-01falseservice and repair of hydraulic units10truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04392459 2023-04-01 2024-03-31 04392459 2022-04-01 2023-03-31 04392459 2024-03-31 04392459 2023-03-31 04392459 c:Director1 2023-04-01 2024-03-31 04392459 d:PlantMachinery 2023-04-01 2024-03-31 04392459 d:PlantMachinery 2024-03-31 04392459 d:PlantMachinery 2023-03-31 04392459 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04392459 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 04392459 d:MotorVehicles 2023-04-01 2024-03-31 04392459 d:MotorVehicles 2024-03-31 04392459 d:MotorVehicles 2023-03-31 04392459 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04392459 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 04392459 d:FurnitureFittings 2023-04-01 2024-03-31 04392459 d:FurnitureFittings 2024-03-31 04392459 d:FurnitureFittings 2023-03-31 04392459 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04392459 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 04392459 d:OfficeEquipment 2023-04-01 2024-03-31 04392459 d:OfficeEquipment 2024-03-31 04392459 d:OfficeEquipment 2023-03-31 04392459 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04392459 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 04392459 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 04392459 d:LeasedAssetsHeldAsLessee 2023-04-01 2024-03-31 04392459 d:CurrentFinancialInstruments 2024-03-31 04392459 d:CurrentFinancialInstruments 2023-03-31 04392459 d:Non-currentFinancialInstruments 2024-03-31 04392459 d:Non-currentFinancialInstruments 2023-03-31 04392459 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 04392459 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04392459 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 04392459 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 04392459 d:ShareCapital 2024-03-31 04392459 d:ShareCapital 2023-03-31 04392459 d:RetainedEarningsAccumulatedLosses 2024-03-31 04392459 d:RetainedEarningsAccumulatedLosses 2023-03-31 04392459 c:OrdinaryShareClass1 2023-04-01 2024-03-31 04392459 c:OrdinaryShareClass1 2024-03-31 04392459 c:OrdinaryShareClass1 2023-03-31 04392459 c:FRS102 2023-04-01 2024-03-31 04392459 c:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04392459 c:FullAccounts 2023-04-01 2024-03-31 04392459 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04392459 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04392459









AMBERWHITE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
AMBERWHITE LIMITED
 

CONTENTS



Page
Accountants' Report
 
 
1
Balance Sheet
 
 
2 - 3
Notes to the Financial Statements
 
 
4 - 8


 
AMBERWHITE LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AMBERWHITE LIMITED
FOR THE YEAR ENDED 31 MARCH 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Amberwhite Limited for the year ended 31 March 2024 which comprise  the Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the director of Amberwhite Limited in accordance with the terms of our engagement letter dated 29 April 2020Our work has been undertaken solely to prepare for your approval the financial statements of Amberwhite Limited and state those matters that we have agreed to state to the director of Amberwhite Limited in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Amberwhite Limited and its director for our work or for this report. 

It is your duty to ensure that Amberwhite Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Amberwhite Limited. You consider that Amberwhite Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Amberwhite Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  



MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
5 November 2024
Page 1

 
AMBERWHITE LIMITED
REGISTERED NUMBER: 04392459

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
95,740
80,743

  
95,740
80,743

Current assets
  

Stocks
  
101,355
96,923

Debtors: amounts falling due within one year
 5 
263,985
363,784

Cash at bank and in hand
  
130,280
70,338

  
495,620
531,045

Creditors: amounts falling due within one year
 6 
(299,773)
(318,040)

Net current assets
  
 
 
195,847
 
 
213,005

Total assets less current liabilities
  
291,587
293,748

Creditors: amounts falling due after more than one year
 7 
(59,611)
(56,792)

Provisions for liabilities
  

Deferred tax
  
(23,935)
(20,186)

  
 
 
(23,935)
 
 
(20,186)

Net assets
  
208,041
216,770


Capital and reserves
  

Called up share capital 
 8 
60,000
60,000

Profit and loss account
  
148,041
156,770

  
208,041
216,770


Page 2

 
AMBERWHITE LIMITED
REGISTERED NUMBER: 04392459
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 5 November 2024.




................................................
J C North
Director

The notes on pages 4 to 8 form part of these financial statements.

Page 3

 
AMBERWHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

The Company is a private United Kingdom company limited by shares.  It is both incorporated and domiciled in England and Wales, registration number 04392459.  The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ and the principal place of business is Norwich, Norfolk.
The company's principle activity during the year was that of the service and repair of hydraulic units.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of servicing and repairs to hydraulic units. Turnover is exclusive of Value Added Tax and is recognised on the accruals basis.
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on the following basis.


Plant and machinery
-
20% straight line
Motor vehicles
-
20% straight line and 20% reducing balance
Fixtures and fittings
-
20% straight line
Office equipment
-
20% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 
AMBERWHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.4

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell. Cost includes all costs of purchase and other costs incurred in bringing stock to its present location and condition.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. 
Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date. 
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date. 


3.


Employees

The average monthly number of employees, including directors, during the year was 10 (2023 - 10).

Page 5

 
AMBERWHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

4.


Tangible fixed assets





Plant & machinery
Motor vehicles
Fixtures & fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023
12,945
266,627
25,848
26,829
332,249


Additions
-
40,647
-
1,289
41,936


Disposals
-
(28,613)
-
-
(28,613)



At 31 March 2024

12,945
278,661
25,848
28,118
345,572



Depreciation


At 1 April 2023
10,977
198,075
25,341
17,113
251,506


Charge for the year on owned assets
626
509
209
4,763
6,107


Charge for the year on financed assets
-
20,832
-
-
20,832


Disposals
-
(28,613)
-
-
(28,613)



At 31 March 2024

11,603
190,803
25,550
21,876
249,832



Net book value



At 31 March 2024
1,342
87,858
298
6,242
95,740



At 31 March 2023
1,968
68,552
507
9,716
80,743

Page 6

 
AMBERWHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

2024
2023
£
£


Trade debtors
246,239
267,971

Amounts owed by group undertakings
-
88,958

Other debtors
6,750
-

Prepayments and accrued income
10,996
6,855

263,985
363,784



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
9,954
9,971

Trade creditors
87,030
109,871

Amounts owed to group undertakings
515
-

Other taxation and social security
125,461
132,152

Obligations under finance lease and hire purchase contracts
17,939
17,844

Other creditors
17,706
16,074

Accruals and deferred income
41,168
32,128

299,773
318,040


The hire purchase and finance lease obligations are secured against the assets they relate to.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
11,732
21,789

Net obligations under finance leases and hire purchase contracts
47,879
35,003

59,611
56,792


The hire purchase and finance lease obligations are secured against the assets they relate to.

Page 7

 
AMBERWHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



60,000 (2023 - 60,000) Ordinary shares of £1.00 each
60,000
60,000



9.


Financial commitments

The company had total financial commitments, guarantees and contingencies which are not included in the balance sheet amounting to £22,210 (2023: £9,046).


10.


Controlling party

The company is a wholly owned subsidiary of Norfolk Hydraulics Ltd, a company which is under the ultimate control of the director, by virtue of his controlling shareholding.

 
Page 8