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Company Registration No. 11775596 (England and Wales)
White Egg Ltd Unaudited accounts for the year ended 31 December 2024
White Egg Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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White Egg Ltd Company Information for the year ended 31 December 2024
Directors
Shaun Ames Rachael Hughes
Company Number
11775596 (England and Wales)
Registered Office
34 Stalbridge Flats Lumley Street London W1K 6TA United Kingdom
Accountants
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY
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White Egg Ltd Accountants' report
Accountants' report to the board of directors of White Egg Ltd on the preparation of the unaudited statutory accounts for the year ended 31 December 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of White Egg Ltd for the year ended 31 December 2024 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of White Egg Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of White Egg Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than White Egg Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that White Egg Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of White Egg Ltd. You consider that White Egg Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of White Egg Ltd. 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 accounts.
Accounts and Legal Consultants Ltd Suite 1-3, The Hop Exchange 24 Southwark Street London SE1 1TY 22 July 2024
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White Egg Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,855 
9,924 
Current assets
Debtors
5
34,457 
15,405 
Investments
6
2,000 
2,000 
Cash at bank and in hand
27,309 
2,744 
63,766 
20,149 
Creditors: amounts falling due within one year
7
(26,407)
(18,008)
Net current assets
37,359 
2,141 
Total assets less current liabilities
45,214 
12,065 
Creditors: amounts falling due after more than one year
8
(44,634)
(6,536)
Net assets
580 
5,529 
Capital and reserves
Called up share capital
1,171 
1,171 
Capital redemption reserve
1,172 
1,172 
Profit and loss account
(1,763)
3,186 
Shareholders' funds
580 
5,529 
For the year ending 31 December 2024 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2024 and were signed on its behalf by
Shaun Ames Director Company Registration No. 11775596
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White Egg Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
White Egg Ltd is a private company, limited by shares, registered in England and Wales, registration number 11775596. The registered office is 34 Stalbridge Flats, Lumley Street, London, W1K 6TA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
These financial statements for the year ended 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
33% Straight line
Fixtures & fittings
33% Straight line
Computer equipment
33% Straight line
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White Egg Ltd Notes to the Accounts for the year ended 31 December 2024
Investments
Investments in shares are included at fair value.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
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White Egg Ltd Notes to the Accounts for the year ended 31 December 2024
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
6,250 
4,856 
14,234 
25,340 
Additions
- 
198 
2,216 
2,414 
At 31 December 2024
6,250 
5,054 
16,450 
27,754 
Depreciation
At 1 January 2024
1,042 
3,881 
10,493 
15,416 
Charge for the year
2,083 
645 
1,755 
4,483 
At 31 December 2024
3,125 
4,526 
12,248 
19,899 
Net book value
At 31 December 2024
3,125 
528 
4,202 
7,855 
At 31 December 2023
5,208 
975 
3,741 
9,924 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,130 
- 
Accrued income and prepayments
2,975 
- 
Other debtors
30,352 
15,405 
34,457 
15,405 
6
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
2,000 
2,000 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
7,165 
12,144 
Trade creditors
6,028 
1,840 
Taxes and social security
5,494 
3,443 
Other creditors
7,720 
581 
26,407 
18,008 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
44,634 
6,536 
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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