Silverfin false false 31/07/2024 01/08/2023 31/07/2024 Mr D S White 05/02/2015 Mrs V L White 15/07/2013 30 December 2024 The principal activity of the company continued to be that of the provision of contract cleaning services. 08610070 2024-07-31 08610070 bus:Director1 2024-07-31 08610070 bus:Director2 2024-07-31 08610070 2023-07-31 08610070 core:CurrentFinancialInstruments 2024-07-31 08610070 core:CurrentFinancialInstruments 2023-07-31 08610070 core:Non-currentFinancialInstruments 2024-07-31 08610070 core:Non-currentFinancialInstruments 2023-07-31 08610070 core:ShareCapital 2024-07-31 08610070 core:ShareCapital 2023-07-31 08610070 core:RetainedEarningsAccumulatedLosses 2024-07-31 08610070 core:RetainedEarningsAccumulatedLosses 2023-07-31 08610070 core:OtherPropertyPlantEquipment 2023-07-31 08610070 core:OtherPropertyPlantEquipment 2024-07-31 08610070 bus:OrdinaryShareClass1 2024-07-31 08610070 2023-08-01 2024-07-31 08610070 bus:FilletedAccounts 2023-08-01 2024-07-31 08610070 bus:SmallEntities 2023-08-01 2024-07-31 08610070 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 08610070 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 08610070 bus:Director1 2023-08-01 2024-07-31 08610070 bus:Director2 2023-08-01 2024-07-31 08610070 core:OtherPropertyPlantEquipment core:TopRangeValue 2023-08-01 2024-07-31 08610070 2022-08-01 2023-07-31 08610070 core:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 08610070 core:Non-currentFinancialInstruments 2023-08-01 2024-07-31 08610070 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 08610070 bus:OrdinaryShareClass1 2022-08-01 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 08610070 (England and Wales)

WHITES CLEANING COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH THE REGISTRAR

WHITES CLEANING COMPANY LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024

Contents

WHITES CLEANING COMPANY LIMITED

COMPANY INFORMATION

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
WHITES CLEANING COMPANY LIMITED

COMPANY INFORMATION (continued)

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
DIRECTORS Mr D S White
Mrs V L White
SECRETARY Mrs V L White
REGISTERED OFFICE 264 Banbury Road
Oxford
Oxfordshire
OX2 7DY
United Kingdom
COMPANY NUMBER 08610070 (England and Wales)
ACCOUNTANT Shaw Gibbs Limited
264 Banbury Road
Oxford
OX2 7DY
WHITES CLEANING COMPANY LIMITED

BALANCE SHEET

AS AT 31 JULY 2024
WHITES CLEANING COMPANY LIMITED

BALANCE SHEET (continued)

AS AT 31 JULY 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 37,998 57,352
37,998 57,352
Current assets
Debtors 4 666,585 475,594
Cash at bank and in hand 83,868 238,092
750,453 713,686
Creditors: amounts falling due within one year 5 ( 315,082) ( 241,407)
Net current assets 435,371 472,279
Total assets less current liabilities 473,369 529,631
Creditors: amounts falling due after more than one year 6 ( 12,027) ( 17,028)
Provision for liabilities 0 ( 1,340)
Net assets 461,342 511,263
Capital and reserves
Called-up share capital 7 2 2
Profit and loss account 461,340 511,261
Total shareholders' funds 461,342 511,263

For the financial year ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Whites Cleaning Company limited (registered number: 08610070) were approved and authorised for issue by the Board of Directors on 30 December 2024. They were signed on its behalf by:

Mrs V L White
Director
WHITES CLEANING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
WHITES CLEANING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 JULY 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Whites Cleaning Company limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 264 Banbury Road, Oxford, Oxfordshire, OX2 7DY, United Kingdom.

The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Profit and Loss Account in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 4 years straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Financial instruments

Financial assets and financial liabilities are recognised when the company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 115 107

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 August 2023 122,118 122,118
At 31 July 2024 122,118 122,118
Accumulated depreciation
At 01 August 2023 64,766 64,766
Charge for the financial year 19,354 19,354
At 31 July 2024 84,120 84,120
Net book value
At 31 July 2024 37,998 37,998
At 31 July 2023 57,352 57,352

4. Debtors

2024 2023
£ £
Trade debtors 371,301 177,755
Deferred tax asset 3,142 0
Other debtors 292,142 297,839
666,585 475,594

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 8,871 26,104
Taxation and social security 208,657 131,117
Obligations under finance leases and hire purchase contracts 4,644 4,644
Other creditors 92,910 79,542
315,082 241,407

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Obligations under finance leases and hire purchase contracts 12,027 17,028

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2 2

8. Related party transactions

During the year dividends of £293,000 (2023: £182,157) and directors' remuneration of £27,850 (2023: £27,850) were paid to the directors.

At the year end, the directors owed an unsecured balance of £285,245 (2023: £292,792) to the company, which has no fixed repayment terms. This balance includes interest of £7,357 (2023: £4,702), which has been charged in line with HMRC's official rate of interest: 2.25%.