Company Registration No. 13669501 (England and Wales)
L & C WHITE LTD
Unaudited accounts
for the year ended 31 October 2024
L & C WHITE LTD
Unaudited accounts
Contents
L & C WHITE LTD
Company Information
for the year ended 31 October 2024
Directors
Mr Benjamin White
Mrs Sally White
Company Number
13669501 (England and Wales)
Registered Office
The Cottage
Wreningham
Norwich
Norfolk
NR16 1AR
United Kingdom
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
L & C WHITE LTD
Statement of financial position
as at 31 October 2024
Tangible assets
1,225,880
1,235,207
Cash at bank and in hand
48,928
38,756
Creditors: amounts falling due within one year
(1,449)
(1,110)
Net current assets
47,479
38,528
Total assets less current liabilities
1,273,359
1,273,735
Creditors: amounts falling due after more than one year
(1,292,418)
(1,292,885)
Provisions for liabilities
Deferred tax
(5,316)
(7,088)
Net liabilities
(24,375)
(26,238)
Called up share capital
100
100
Profit and loss account
(24,475)
(26,338)
Shareholders' funds
(24,375)
(26,238)
For the year ending 31 October 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 2 June 2025 and were signed on its behalf by
Mrs Sally White
Director
Company Registration No. 13669501
L & C WHITE LTD
Notes to the Accounts
for the year ended 31 October 2024
L & C WHITE LTD is a private company, limited by shares, registered in England and Wales, registration number 13669501. The registered office is The Cottage, Wreningham, Norwich, Norfolk, NR16 1AR, United Kingdom.
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:
Land & buildings
Nil Depreciation
Fixtures & fittings
25% Reducing Balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
L & C WHITE LTD
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2023
1,197,900
49,506
1,247,406
At 31 October 2024
1,197,900
49,506
1,247,406
At 1 November 2023
-
12,199
12,199
Charge for the year
-
9,327
9,327
At 31 October 2024
-
21,526
21,526
At 31 October 2024
1,197,900
27,980
1,225,880
At 31 October 2023
1,197,900
37,307
1,235,207
Amounts falling due within one year
Accrued income and prepayments
-
732
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
279
-
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
1,292,418
1,292,885
8
Transactions with related parties
Silicon Supplies Limited
(A related party by virtue of it having common directors; Mrs Sally White and Mr Benjamin White)
Other Creditor - 2024 - £1,292,420 2023 - £1,292,885
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).