Whiteholme Enterprises Limited

Registered number

04509531

Filleted Accounts

30 September 2024

Whiteholme Enterprises Limited
Registered number:		04509531
Balance Sheet
as at 30 September 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		-			2,117,211
Investments	4		5,000			5,000
			5,000			2,122,211

Current assets
Debtors	5	885,154			337,453
Cash at bank and in hand		19,084			1,093,406
		904,238			1,430,859

Creditors: amounts falling due within one year	6	(255,652)			(360,965)

Net current assets			648,586			1,069,894

Total assets less current liabilities			653,586			3,192,105


Provisions for liabilities			-			(386,907)


Net assets			653,586			2,805,198

Capital and reserves
Called up share capital			10			10
Profit and loss account			653,576			2,805,188

Shareholder's funds			653,586			2,805,198

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K Guy
Director
Approved by the board on 19 June 2025

Whiteholme Enterprises Limited
Notes to the Accounts
for the year ended 30 September 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold land and buildings			0%
	Plant and machinery			25% written down value

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2024		2023
Number							Number

	Average number of persons employed by the company					6		6


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 October 2023			569,582		3,234,211		3,803,793
	Disposals			(569,582)		(3,234,211)		(3,803,793)
	At 30 September 2024			-		-		-

	Depreciation
	At 1 October 2023			-		1,686,582		1,686,582
	On disposals			-		(1,686,582)		(1,686,582)
	At 30 September 2024			-		-		-

	Net book value
	At 30 September 2024			-		-		-
	At 30 September 2023			569,582		1,547,629		2,117,211


4	Investments

Other
investments
£
	Cost
	At 1 October 2023							5,000

	At 30 September 2024							5,000


5	Debtors					2024		2023
£							£

	Trade debtors					306,128		292,037
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					530,100		13,263
	Other debtors					48,926		32,153
						885,154		337,453

	Amounts due after more than one year included above					1,882		4,882


6	Creditors: amounts falling due within one year					2024		2023
£							£

	Trade creditors					174,791		3,578
	Taxation and social security costs					73,804		332,049
	Other creditors					7,057		25,338
						255,652		360,965


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	K M Guy
	Loan 1 - repaid January 2025	-		18,116		-		18,116

	J Guy
	Loan 1 - repaid January 2025	-		14,716		-		14,716

		-		32,832		-		32,832


8	Group transactions

	On 9th October 2023 tangible fixed assets with a net book value of £ 2,117,211 were transferred in specie to Whiteholme Holdings Limited. This transaction resulted in the release of the deferred tax provision in the sum of £ 386,907.


9	Controlling party

	The company is a wholly owned subsidiary of Whiteholme Holdings Ltd (company number 13562425), of Whiteholme Mill, Skipton Road, Trawden, Colne, Lancashire, BB8 8RA


10	Other information

	Whiteholme Enterprises Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Whiteholme Mill
	Skipton Road
	Trawden
	Colne, Lancashire
	BB8 8RA

	The company changed it's name from Guy Crane Hire (UK) Ltd on 8th April 2025.