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REGISTERED NUMBER: 06359378 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

White Recruitment Ltd

White Recruitment Ltd (Registered number: 06359378)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


White Recruitment Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: L A Richards
J P Wilson





SECRETARY: J P Wilson





REGISTERED OFFICE: Ameiva House
Quartremaine Road
Portsmouth
Hampshire
PO3 5QP





REGISTERED NUMBER: 06359378 (England and Wales)





ACCOUNTANTS: Ency Associates
Chartered Certified Accountants
Printware Court
Cumberland Business Centre
Northumberland Road
Portsmouth
Hampshire
PO5 1DS

White Recruitment Ltd (Registered number: 06359378)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,052,758 1,094,885

CURRENT ASSETS
Debtors 5 84,755 77,379
Cash at bank 116,717 181,555
201,472 258,934
CREDITORS
Amounts falling due within one year 6 269,765 279,947
NET CURRENT LIABILITIES (68,293 ) (21,013 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

984,465

1,073,872

CREDITORS
Amounts falling due after more than
one year

7

(913,227

)

(907,465

)

PROVISIONS FOR LIABILITIES (11,658 ) (16,019 )
NET ASSETS 59,580 150,388

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 59,480 150,288
SHAREHOLDERS' FUNDS 59,580 150,388

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Recruitment Ltd (Registered number: 06359378)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2025 and were signed on its behalf by:




L A Richards - Director



J P Wilson - Director


White Recruitment Ltd (Registered number: 06359378)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

White Recruitment 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Improvements to property - 2% on cost
Fixtures & fittings - 20% on reducing balance

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

White Recruitment Ltd (Registered number: 06359378)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

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 31 (2023 - 28 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant & Fixtures
property property machinery & fittings Totals
£    £    £    £    £   
COST
At 1 January 2024
and 31 December 2024 1,231,987 2,042 81,756 109,971 1,425,756
DEPRECIATION
At 1 January 2024 202,883 337 47,038 80,613 330,871
Charge for year 24,639 44 11,573 5,871 42,127
At 31 December 2024 227,522 381 58,611 86,484 372,998
NET BOOK VALUE
At 31 December 2024 1,004,465 1,661 23,145 23,487 1,052,758
At 31 December 2023 1,029,104 1,705 34,718 29,358 1,094,885

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 72,610 55,697
Other debtors 12,145 21,682
84,755 77,379

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 29,959 50,000
Trade creditors 6,066 20,364
Taxation and social security 136,712 115,458
Other creditors 97,028 94,125
269,765 279,947

White Recruitment Ltd (Registered number: 06359378)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 913,227 907,465

Amounts falling due in more than five years:

Repayable by instalments
Bank loans 824,750 707,465

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 935,346 957,465

Royal Bank of Scotland plc created a floating charge over the assets of the company on 2 February 2016.

Royal Bank of Scotland plc created a charge over the land and buildings to the west of Dundas Lane, known as Ameiva House, Quartermaine Road, Portsmouth, PO3 5QP, on 13 April 2016.

Royal Bank of Scotland plc created a charge over the leasehold premises at Ameiva House, Quartermaine Road, Portsmouth, PO3 5QP, on 13 April 2016.

National Westminster Bank PLC created a charge over the property and undertaking of the company of 28 April 2022. This charge contains fixed and floating charges, and negative pledge.

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr L A Richards and Mr J P Wilson.