IRIS Accounts Production v25.1.0.734 08471073 director 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh084710732024-03-31084710732025-03-31084710732024-04-012025-03-31084710732023-03-31084710732023-04-012024-03-31084710732024-03-3108471073ns15:EnglandWales2024-04-012025-03-3108471073ns14:PoundSterling2024-04-012025-03-3108471073ns10:Director12024-04-012025-03-3108471073ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3108471073ns10:SmallEntities2024-04-012025-03-3108471073ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3108471073ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3108471073ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3108471073ns10:FullAccounts2024-04-012025-03-3108471073ns10:RegisteredOffice2024-04-012025-03-3108471073ns5:CurrentFinancialInstruments2025-03-3108471073ns5:CurrentFinancialInstruments2024-03-3108471073ns5:ShareCapital2025-03-3108471073ns5:ShareCapital2024-03-3108471073ns5:RetainedEarningsAccumulatedLosses2025-03-3108471073ns5:RetainedEarningsAccumulatedLosses2024-03-3108471073ns5:FurnitureFittings2024-04-012025-03-3108471073ns5:ComputerEquipment2024-04-012025-03-3108471073ns5:FurnitureFittings2024-03-3108471073ns5:ComputerEquipment2024-03-3108471073ns5:FurnitureFittings2025-03-3108471073ns5:ComputerEquipment2025-03-3108471073ns5:FurnitureFittings2024-03-3108471073ns5:ComputerEquipment2024-03-3108471073ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3108471073ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3108471073ns5:DeferredTaxation2024-03-3108471073ns5:DeferredTaxation2024-04-012025-03-3108471073ns5:DeferredTaxation2025-03-31
















WHITEFLARE LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025






WHITEFLARE LTD (REGISTERED NUMBER: 08471073)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WHITEFLARE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: J Lawless





REGISTERED OFFICE: Suite 1 Bowman House Business Centre
Bowman Court
Whitehill Lane
Royal Wootton Bassett
Wiltshire
SN4 7DB





REGISTERED NUMBER: 08471073 (England and Wales)





ACCOUNTANTS: Bowen Accountants Ltd
Chartered Accountants
Unit 1 Gate Farm
High Street
Sutton Benger
Chippenham
Wiltshire
SN15 4RE

WHITEFLARE LTD (REGISTERED NUMBER: 08471073)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 6,381 6,550

CURRENT ASSETS
Stocks 5 41,501 60,814
Debtors 6 202,437 160,744
Prepayments and accrued income 3,176 3,050
Cash at bank 97,447 70,510
344,561 295,118
CREDITORS
Amounts falling due within one year 7 145,675 159,335
NET CURRENT ASSETS 198,886 135,783
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,267

142,333

PROVISIONS FOR LIABILITIES 8 (1,458 ) (1,245 )

ACCRUALS AND DEFERRED INCOME (1,431 ) (1,482 )
NET ASSETS 202,378 139,606

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 202,278 139,506
SHAREHOLDERS' FUNDS 202,378 139,606

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

WHITEFLARE LTD (REGISTERED NUMBER: 08471073)

BALANCE SHEET - continued
31 MARCH 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 April 2025 and were signed by:





J Lawless - Director


WHITEFLARE LTD (REGISTERED NUMBER: 08471073)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

WhiteFlare Ltd 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.

Turnover represents the value of services provided under contracts to the extent that there is a right to consideration.

Where a contract has only been partially completed at the balance sheet date, turnover represents the value of service provided to date based on a proportion of the total expected consideration at completion. This value is treated as work in progress.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 15% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at anticipated sales value net of VAT.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

WHITEFLARE LTD (REGISTERED NUMBER: 08471073)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued

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 8 (2024 - 12 ) .

4. TANGIBLE FIXED ASSETS
Office Computer
equipment equipment Totals
£    £    £   
COST
At 1 April 2024 4,652 13,261 17,913
Additions 559 1,298 1,857
Disposals (167 ) (633 ) (800 )
At 31 March 2025 5,044 13,926 18,970
DEPRECIATION
At 1 April 2024 2,360 9,003 11,363
Charge for year 393 1,209 1,602
Eliminated on disposal (45 ) (331 ) (376 )
At 31 March 2025 2,708 9,881 12,589
NET BOOK VALUE
At 31 March 2025 2,336 4,045 6,381
At 31 March 2024 2,292 4,258 6,550

5. STOCKS
2025 2024
£    £   
Work-in-progress 41,501 60,814

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 201,732 158,425
Other debtors 705 2,319
202,437 160,744

WHITEFLARE LTD (REGISTERED NUMBER: 08471073)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Tax 23,521 4,155
Social security and other taxes 16,166 19,493
VAT 46,687 45,527
Other creditors 10,029 7,259
Directors' current accounts 49,272 82,901
145,675 159,335

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 1,458 1,245

Deferred
tax
£   
Balance at 1 April 2024 1,245
Charge to Statement of Income and Retained Earnings during year 213
Accelerated capital allowances
Balance at 31 March 2025 1,458

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company owed its directors £ 49,272 (2024: £ 82,901). There is no interest due on this amount and is repayable on demand.

10. ULTIMATE CONTROLLING PARTY

The controlling party is J Lawless.