Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302023-12-01falsehighway maintenance98truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 04597973 2023-12-01 2024-11-30 04597973 2022-12-01 2023-11-30 04597973 2024-11-30 04597973 2023-11-30 04597973 c:Director1 2023-12-01 2024-11-30 04597973 d:Buildings 2023-12-01 2024-11-30 04597973 d:Buildings 2024-11-30 04597973 d:Buildings 2023-11-30 04597973 d:Buildings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04597973 d:Buildings d:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 04597973 d:PlantMachinery 2023-12-01 2024-11-30 04597973 d:PlantMachinery 2024-11-30 04597973 d:PlantMachinery 2023-11-30 04597973 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04597973 d:PlantMachinery d:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 04597973 d:MotorVehicles 2023-12-01 2024-11-30 04597973 d:MotorVehicles 2024-11-30 04597973 d:MotorVehicles 2023-11-30 04597973 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04597973 d:MotorVehicles d:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 04597973 d:FurnitureFittings 2023-12-01 2024-11-30 04597973 d:FurnitureFittings 2024-11-30 04597973 d:FurnitureFittings 2023-11-30 04597973 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04597973 d:FurnitureFittings d:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 04597973 d:OfficeEquipment 2023-12-01 2024-11-30 04597973 d:OfficeEquipment 2024-11-30 04597973 d:OfficeEquipment 2023-11-30 04597973 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04597973 d:OfficeEquipment d:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 04597973 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 04597973 d:LeasedAssetsHeldAsLessee 2023-12-01 2024-11-30 04597973 d:CurrentFinancialInstruments 2024-11-30 04597973 d:CurrentFinancialInstruments 2023-11-30 04597973 d:Non-currentFinancialInstruments 2024-11-30 04597973 d:Non-currentFinancialInstruments 2023-11-30 04597973 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 04597973 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 04597973 d:Non-currentFinancialInstruments d:AfterOneYear 2024-11-30 04597973 d:Non-currentFinancialInstruments d:AfterOneYear 2023-11-30 04597973 d:ShareCapital 2024-11-30 04597973 d:ShareCapital 2023-11-30 04597973 d:RetainedEarningsAccumulatedLosses 2024-11-30 04597973 d:RetainedEarningsAccumulatedLosses 2023-11-30 04597973 c:OrdinaryShareClass1 2023-12-01 2024-11-30 04597973 c:OrdinaryShareClass1 2024-11-30 04597973 c:OrdinaryShareClass1 2023-11-30 04597973 c:OrdinaryShareClass2 2023-12-01 2024-11-30 04597973 c:OrdinaryShareClass2 2024-11-30 04597973 c:OrdinaryShareClass2 2023-11-30 04597973 c:OrdinaryShareClass3 2023-12-01 2024-11-30 04597973 c:OrdinaryShareClass3 2024-11-30 04597973 c:OrdinaryShareClass3 2023-11-30 04597973 c:FRS102 2023-12-01 2024-11-30 04597973 c:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 04597973 c:FullAccounts 2023-12-01 2024-11-30 04597973 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 04597973 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-12-01 2024-11-30 04597973 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2024-11-30 04597973 d:KeyManagementPersonnelCloseFamilyMembersEntitiesUnderKeyManagementPersonnelsControl 2023-11-30 04597973 e:PoundSterling 2023-12-01 2024-11-30 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 04597973









WHITEROD SURFACING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
WHITEROD SURFACING LIMITED
 

CONTENTS



Page
Accountants' report
 
 
1
Balance sheet
 
 
2 - 3
Notes to the financial statements
 
 
4 - 10


 
WHITEROD SURFACING LIMITED
 
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WHITEROD SURFACING LIMITED
FOR THE YEAR ENDED 30 NOVEMBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Whiterod Surfacing Limited for the year ended 30 November 2024 which comprise  the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the Board of directors of Whiterod Surfacing Limited, as a body, in accordance with the terms of our engagement letter dated 19 April 2024Our work has been undertaken solely to prepare for your approval the financial statements of Whiterod Surfacing Limited and state those matters that we have agreed to state to the Board of directors of Whiterod Surfacing Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Whiterod Surfacing Limited and its Board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Whiterod Surfacing Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Whiterod Surfacing Limited. You consider that Whiterod Surfacing Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Whiterod Surfacing Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

  
MA Partners LLP
 
Chartered Accountants
  
7 The Close
Norwich
Norfolk
NR1 4DJ
7 August 2025
Page 1

 
WHITEROD SURFACING LIMITED
REGISTERED NUMBER: 04597973

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
385,985
310,124

  
385,985
310,124

Current assets
  

Debtors
 5 
84,912
104,936

Cash at bank and in hand
  
48,318
85,395

  
133,230
190,331

Creditors: amounts falling due within one year
 6 
(239,480)
(165,641)

Net current (liabilities)/assets
  
 
 
(106,250)
 
 
24,690

Total assets less current liabilities
  
279,735
334,814

Creditors: amounts falling due after more than one year
 7 
(116,169)
(107,672)

Provisions for liabilities
  

Deferred tax
  
(39,946)
(37,392)

  
 
 
(39,946)
 
 
(37,392)

Net assets
  
123,620
189,750


Capital and reserves
  

Called up share capital 
 8 
2
2

Profit and loss account
  
123,618
189,748

  
123,620
189,750


Page 2

 
WHITEROD SURFACING LIMITED
REGISTERED NUMBER: 04597973
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

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 year 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 on 7 August 2025.




................................................
Mr Paul D Whiterod
Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The Company is a private company incorporated in the United Kingdom and limited by shares. It is registered in England and Wales. The address of its registered office is 7 The Close, Norwich, Norfolk, NR1 4DJ. The principal place of business is Snetterton, Norfolk.
The company's principal activity is that of highway maintenance.

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

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of turnover can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax.

Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the balance sheet date.
Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the following method.

Depreciation is provided on the following basis:

Freehold property
-
0% straight line
Plant & machinery
-
25% reducing balance
Motor vehicles
-
25% reducing balance
Fixtures & fittings
-
25% reducing balance
Office equipment
-
25% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.9

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.

 
2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.11

Financial instruments


The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2023 - 8).

Page 6

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

4.


Tangible fixed assets





Freehold property
Plant & machinery
Motor vehicles
Fixtures & fittings
Office equipment

£
£
£
£
£



Cost or valuation


At 1 December 2023
152,687
206,326
257,081
6,959
7,271


Additions
-
74,761
79,585
-
1,245


Disposals
-
(9,199)
(20,500)
-
-



At 30 November 2024

152,687
271,888
316,166
6,959
8,516



Depreciation


At 1 December 2023
-
138,716
170,618
6,337
4,527


Charge for the year on owned assets
-
17,175
10,043
156
997


Charge for the year on financed assets
-
18,343
31,052
-
-


Disposals
-
(8,903)
(18,830)
-
-



At 30 November 2024

-
165,331
192,883
6,493
5,524



Net book value



At 30 November 2024
152,687
106,557
123,283
466
2,992



At 30 November 2023
152,687
67,610
86,463
621
2,743
Page 7

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

           4.Tangible fixed assets (continued)


Total

£



Cost or valuation


At 1 December 2023
630,324


Additions
155,591


Disposals
(29,699)



At 30 November 2024

756,216



Depreciation


At 1 December 2023
320,198


Charge for the year on owned assets
28,371


Charge for the year on financed assets
49,395


Disposals
(27,733)



At 30 November 2024

370,231



Net book value



At 30 November 2024
385,985



At 30 November 2023
310,124


5.


Debtors

2024
2023
£
£



Trade debtors
63,829
49,979

Other debtors
17,361
47,342

Prepayments and accrued income
3,722
7,615

84,912
104,936


Page 8

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
25,486
25,052

Trade creditors
92,598
46,467

Other taxation and social security
9,303
7,242

Obligations under finance lease and hire purchase contracts
51,442
18,736

Other creditors
46,400
56,742

Accruals and deferred income
14,251
11,402

239,480
165,641


Net obligations under hire purchase contracts are secured on the underlying assets.


7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
14,607
40,093

Net obligations under finance leases and hire purchase contracts
101,562
67,579

116,169
107,672


Net obligations under hire purchase contracts are secured on the underlying assets.


8.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



75 (2023 - 75) Ordinary A shares of £0.01 each
0.75
0.75
75 (2023 - 75) Ordinary B shares of £0.01 each
0.75
0.75
50 (2023 - 50) Ordinary C shares of £0.01 each
0.50
0.50

2.00

2.00



9.


Pension commitments

Contributions totalling £360 (2023 - £118) were payable to the fund at the balance sheet date and are included in other creditors in note 6 above.

Page 9

 
WHITEROD SURFACING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

10.


Transactions with directors

The balance on the directors' loan account as at 30 November 2024 was £41,858 (2023: £53,863)  owing to the directors and is included in other creditors note 6 above. The loan is interest free and repayable on demand.

 
Page 10