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REGISTERED NUMBER: 04927020 (England and Wales)






















White Outline Limited

Unaudited Financial Statements for the Year Ended 31st July 2024






White Outline Limited (Registered number: 04927020)






Contents of the Financial Statements
for the year ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


White Outline Limited

Company Information
for the year ended 31st July 2024







DIRECTOR: M English





REGISTERED OFFICE: Rock City
Hawthorn Avenue
Hull
HU3 5JX





REGISTERED NUMBER: 04927020 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

White Outline Limited (Registered number: 04927020)

Balance Sheet
31st July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 90,646 106,750

CURRENT ASSETS
Debtors 5 397,573 344,273
Cash at bank 248 1,473
397,821 345,746
CREDITORS
Amounts falling due within one year 6 181,017 174,516
NET CURRENT ASSETS 216,804 171,230
TOTAL ASSETS LESS CURRENT
LIABILITIES

307,450

277,980

CREDITORS
Amounts falling due after more than one
year

7

3,334

6,946
NET ASSETS 304,116 271,034

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 304,016 270,934
SHAREHOLDERS' FUNDS 304,116 271,034

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 2024 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.

White Outline Limited (Registered number: 04927020)

Balance Sheet - continued
31st July 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 31st March 2025 and were signed by:





M English - Director


White Outline Limited (Registered number: 04927020)

Notes to the Financial Statements
for the year ended 31st July 2024

1. STATUTORY INFORMATION

White Outline Limited 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 represented by the fair value of the consideration received from the rental of sports equipment, net of Value Added Tax and discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 15% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

White Outline Limited (Registered number: 04927020)

Notes to the Financial Statements - continued
for the year ended 31st July 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1st August 2023
and 31st July 2024 11,463 470,020 481,483
DEPRECIATION
At 1st August 2023 9,628 365,105 374,733
Charge for year 367 15,737 16,104
At 31st July 2024 9,995 380,842 390,837
NET BOOK VALUE
At 31st July 2024 1,468 89,178 90,646
At 31st July 2023 1,835 104,915 106,750

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 66,750 18,750
Other debtors 330,823 325,523
397,573 344,273

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,000 4,387
Trade creditors 5,832 2,880
Taxation and social security 29,969 25,793
Other creditors 141,216 141,456
181,017 174,516

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 3,334 6,946

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100