Caseware UK (AP4) 2023.0.135 2023.0.135 2025-01-312025-01-312024-01-24falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activity2falsetruefalse 15438726 2024-01-23 15438726 2024-01-24 2025-01-31 15438726 2023-01-24 2024-01-23 15438726 2025-01-31 15438726 c:Director2 2024-01-24 2025-01-31 15438726 d:CurrentFinancialInstruments 2025-01-31 15438726 d:CurrentFinancialInstruments d:WithinOneYear 2025-01-31 15438726 d:ShareCapital 2025-01-31 15438726 d:RetainedEarningsAccumulatedLosses 2025-01-31 15438726 c:FRS102 2024-01-24 2025-01-31 15438726 c:AuditExempt-NoAccountantsReport 2024-01-24 2025-01-31 15438726 c:FullAccounts 2024-01-24 2025-01-31 15438726 c:PrivateLimitedCompanyLtd 2024-01-24 2025-01-31 15438726 2 2024-01-24 2025-01-31 15438726 6 2024-01-24 2025-01-31 15438726 e:PoundSterling 2024-01-24 2025-01-31 iso4217:GBP xbrli:pure

Registered number: 15438726










GLOSS WHITE LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JANUARY 2025

 
GLOSS WHITE LIMITED
REGISTERED NUMBER: 15438726

STATEMENT OF FINANCIAL POSITION
AS AT 31 JANUARY 2025

2025
Note
£

Fixed assets
  

Investments
 4 
250,000

  
250,000

Current assets
  

Debtors: amounts falling due within one year
 5 
4

Cash at bank and in hand
  
71,422

  
71,426

Creditors: amounts falling due within one year
  
(33)

Net current assets
  
 
 
71,393

Total assets less current liabilities
  
321,393

  

Net assets
  
321,393


Capital and reserves
  

Called up share capital 
  
4

Profit and loss account
  
321,389

  
321,393


Page 1

 
GLOSS WHITE LIMITED
REGISTERED NUMBER: 15438726
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 JANUARY 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 






R P Leahy
Director

Date: 5 June 2025

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
GLOSS WHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

1.


General information

Gloss White Limited (15438726) is a private company limited by shares and incorporated in England and Wales. Its registered office is 265 Yorktown Road College Town, Sandhurst, Berkshire, GU47 0QA.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.


 
2.4

Valuation of investments

Investments in fixed asset investments are measured at cost less accumulated impairment.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Page 3

 
GLOSS WHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

2.Accounting policies (continued)


2.7
Financial instruments (continued)

Basic financial assets

Basic financial assets, which include trade and other debtors, cash and bank balances, are initially measured at their transaction price (adjusted for transaction costs except in the initial measurement of financial assets that are subsequently measured at fair value through profit and loss) and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, 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.

Discounting is omitted where the effect of discounting is immaterial. The Company's cash and cash equivalents, trade and most other debtors due with the operating cycle fall into this category of financial instruments.

Financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after the deduction of all its liabilities.

Basic financial liabilities, which include trade and other creditors, bank loans and other loans are initially measured at their transaction price (adjusting for transaction costs except in the initial measurement of financial liabilities that are subsequently measured at fair value through profit and loss). When this constitutes a financing transaction, whereby the debt instrument is measured at the present value of the future payments discounted at a market rate of interest, discounting is omitted where the effect of discounting is immaterial.

Debt instruments are subsequently carried at their amortised cost using the effective interest rate method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the payment is due within one year. If not, they represent non-current liabilities. Trade creditors are initially recognised at their transaction price and subsequently are measured at amortised cost using the effective interest method. Discounting is omitted where the effect of discounting is immaterial.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 4

 
GLOSS WHITE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2025

4.


Fixed asset investments





Fixed asset investments

£



Cost or valuation


Additions
250,000



At 31 January 2025
250,000





5.


Debtors

2025
£


Called up share capital not paid
4

4


 
Page 5