Company registration number 15862108 (England and Wales)
WHYTE CROFT CAR SALES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
WHYTE CROFT CAR SALES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
WHYTE CROFT CAR SALES LTD (REGISTERED NUMBER: 15862108)
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
Notes
£
£
Fixed assets
Tangible assets
3
460
Current assets
Stocks
244,308
Debtors
4
58,808
Cash at bank and in hand
19,378
322,494
Creditors: amounts falling due within one year
5
(64,575)
Net current assets
257,919
Total assets less current liabilities
258,379
Creditors: amounts falling due after more than one year
6
(251,698)
Provisions for liabilities
(111)
Net assets
6,570
Capital and reserves
Called up share capital
2
Profit and loss reserves
6,568
Total equity
6,570
WHYTE CROFT CAR SALES LTD (REGISTERED NUMBER: 15862108)
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

For the financial period ended 31 March 2025 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 of its financial statements for the period in question in accordance with section 476.

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.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 31 July 2025 and are signed on its behalf by:
Mr L M Walford
Mr J C Walford
Director
Director
WHYTE CROFT CAR SALES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
- 3 -
1
Accounting policies
Company information

Whyte Croft Car Sales Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor (Right) Downe House, 303 High Street, Orpington, Kent, United Kingdom, BR6 0NN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Revenue comprises sales of goods provided to customers net of value added tax and other sales taxes.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Computers
25% on straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

WHYTE CROFT CAR SALES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

2
Employees

The average monthly number of persons (including directors) employed by the company during the period was:

2025
Number
Total
2
3
Tangible fixed assets
Plant and equipment
Computers
Total
£
£
£
Cost
At 29 July 2024
-
0
-
0
-
0
Additions
150
399
549
At 31 March 2025
150
399
549
Depreciation and impairment
At 29 July 2024
-
0
-
0
-
0
Depreciation charged in the period
22
67
89
At 31 March 2025
22
67
89
Carrying amount
At 31 March 2025
128
332
460
WHYTE CROFT CAR SALES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2025
- 5 -
4
Debtors
2025
Amounts falling due within one year:
£
Trade debtors
53,390
Other debtors
5,418
58,808
5
Creditors: amounts falling due within one year
2025
£
Trade creditors
15,617
Taxation and social security
46,269
Other creditors
2,689
64,575
6
Creditors: amounts falling due after more than one year
2025
£
Other creditors
251,698
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