Company Registration No. 04749189 (England and Wales)
WHITING SERVICES LIMITED
ANNUAL REPORT AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
PAGES FOR FILING WITH REGISTRAR
WHITING SERVICES LIMITED
BALANCE SHEET
AS AT 30 APRIL 2024
30 April 2024
1
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
57
112
Tangible assets
4
7,404
9,927
7,461
10,039
Current assets
Debtors
5
1,869
13,271
Cash at bank and in hand
12,913
15,976
14,782
29,247
Creditors: amounts falling due within one year
6
(4,455)
(10,224)
Net current assets
10,327
19,023
Net assets
17,788
29,062
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
17,786
29,060
Total equity
17,788
29,062

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

WHITING SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024
30 April 2024
2
The financial statements were approved and signed by the director and authorised for issue on 22 January 2025
Mr A Whiting
Director
Company registration number 04749189 (England and Wales)
WHITING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024
3
1
Accounting policies
Company information

Whiting Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 7 Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire, SO53 3DA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
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.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Intangibles
5% straight line
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% reducing balance or 3 years straight line
Motor vehicles
25% reducing balance
WHITING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
1
Accounting policies (Continued)
4

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.

1.5
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand and deposits held at call with banks.

1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.7
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

WHITING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
5
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Intangible fixed assets
Other
£
Cost
At 1 May 2023 and 30 April 2024
1,110
Amortisation and impairment
At 1 May 2023
998
Amortisation charged for the year
55
At 30 April 2024
1,053
Carrying amount
At 30 April 2024
57
At 30 April 2023
112
WHITING SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2024
6
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 May 2023
17,520
Disposals
(821)
At 30 April 2024
16,699
Depreciation and impairment
At 1 May 2023
7,593
Depreciation charged in the year
2,517
Eliminated in respect of disposals
(815)
At 30 April 2024
9,295
Carrying amount
At 30 April 2024
7,404
At 30 April 2023
9,927
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,555
13,056
Other debtors
314
215
1,869
13,271
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
805
Other taxation and social security
2,381
8,153
Other creditors
2,074
1,266
4,455
10,224
2024-04-302023-05-01false22 January 2025CCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr A Whitingfalsefalse047491892023-05-012024-04-30047491892024-04-30047491892023-04-3004749189core:IntangibleAssetsOtherThanGoodwill2024-04-3004749189core:IntangibleAssetsOtherThanGoodwill2023-04-3004749189core:OtherPropertyPlantEquipment2024-04-3004749189core:OtherPropertyPlantEquipment2023-04-3004749189core:CurrentFinancialInstrumentscore:WithinOneYear2024-04-3004749189core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-3004749189core:CurrentFinancialInstruments2024-04-3004749189core:CurrentFinancialInstruments2023-04-3004749189core:ShareCapital2024-04-3004749189core:ShareCapital2023-04-3004749189core:RetainedEarningsAccumulatedLosses2024-04-3004749189core:RetainedEarningsAccumulatedLosses2023-04-3004749189bus:Director12023-05-012024-04-3004749189core:IntangibleAssetsOtherThanGoodwill2023-05-012024-04-3004749189core:PlantMachinery2023-05-012024-04-3004749189core:MotorVehicles2023-05-012024-04-30047491892022-05-012023-04-3004749189core:IntangibleAssetsOtherThanGoodwill2023-04-3004749189core:OtherPropertyPlantEquipment2023-04-3004749189core:OtherPropertyPlantEquipment2023-05-012024-04-3004749189core:WithinOneYear2024-04-3004749189core:WithinOneYear2023-04-3004749189bus:PrivateLimitedCompanyLtd2023-05-012024-04-3004749189bus:SmallCompaniesRegimeForAccounts2023-05-012024-04-3004749189bus:FRS1022023-05-012024-04-3004749189bus:AuditExemptWithAccountantsReport2023-05-012024-04-3004749189bus:FullAccounts2023-05-012024-04-30xbrli:purexbrli:sharesiso4217:GBP