Company Registration No. 10756017 (England and Wales)
White Rose Components Ltd
Unaudited accounts
for the year ended 31 May 2024
White Rose Components Ltd
Unaudited accounts
Contents
White Rose Components Ltd
Company Information
for the year ended 31 May 2024
Directors
Mohammed H Mulla
Muhammad A Shaukat
Company Number
10756017 (England and Wales)
Registered Office
42-44 ADELAIDE STREET
BRADFORD
BD5 0EA
ENGLAND
Accountants
Axiom Accountants Ltd
42-44 Adelaide Street
Bradford
West Yorkshire
BD5 0EA
White Rose Components Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
72,464
67,603
Inventories
875,000
810,000
Cash at bank and in hand
539,781
408,514
Creditors: amounts falling due within one year
(1,453,400)
(1,440,347)
Net current assets
955,764
794,055
Total assets less current liabilities
1,028,228
861,658
Creditors: amounts falling due after more than one year
(401,874)
(423,067)
Net assets
626,354
438,591
Called up share capital
99
99
Profit and loss account
626,255
438,492
Shareholders' funds
626,354
438,591
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 16 November 2024 and were signed on its behalf by
Mohammed H Mulla
Director
Company Registration No. 10756017
White Rose Components Ltd
Notes to the Accounts
for the year ended 31 May 2024
White Rose Components Ltd is a private company, limited by shares, registered in England and Wales, registration number 10756017. The registered office is 42-44 ADELAIDE STREET, BRADFORD, BD5 0EA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2023
64,078
36,550
100,628
Additions
10,540
16,500
27,040
At 31 May 2024
74,618
53,050
127,668
At 1 June 2023
15,618
17,407
33,025
Charge for the year
8,919
13,260
22,179
At 31 May 2024
24,537
30,667
55,204
At 31 May 2024
50,081
22,383
72,464
At 31 May 2023
48,460
19,143
67,603
White Rose Components Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
994,383
1,011,638
Accrued income and prepayments
-
4,250
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,181,458
1,128,680
Taxes and social security
226,980
271,598
Other creditors
16,417
14,024
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
11,034
14,815
Loans from directors
307,752
298,752
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).