06208613falsethat of selling baby products2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:CompanySecretary12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/cd:Director22024-01-012024-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2023-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:MotorCars2024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06208613
Whitestep Limited
UNAUDITED ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Prepared By:
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Whitestep Limited
ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
DIRECTORS
A Mizrahi
R Mizrahi
SECRETARY
R Mizrahi
REGISTERED OFFICE
First Floor 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06208613
ACCOUNTANTS
Lever Bros & Co
Chartered Accountants
First Floor, 690 Great West Road
Osterley Village
Isleworth
TW7 4PU
Whitestep Limited
ACCOUNTS
FOR THEYEARENDED31 DECEMBER 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Whitestep Limited
BALANCE SHEET AT 31 December 2024
20242023
Notes££
FIXED ASSETS
Tangible assets219,33523,517
CURRENT ASSETS
Stock3519,809660,931
Debtors4275,848117,531
Current Asset Investments54,725,4414,721,157
Cash at bank and in hand86,413187,971
5,607,5115,687,590
CREDITORS: Amounts falling due within one year661,77390,452
NET CURRENT ASSETS5,545,7385,597,138
TOTAL ASSETS LESS CURRENT LIABILITIES5,565,0735,620,655
PROVISIONS FOR LIABILITIES AND CHARGES84,5045,149
NET ASSETS5,560,5695,615,506
CAPITAL AND RESERVES
Called up share capital95,5565,556
Profit and loss account5,555,0135,609,950
SHAREHOLDERS' FUNDS5,560,5695,615,506
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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 17 September 2025 and signed on their behalf by
.............................
A Mizrahi
Director
Whitestep Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1e. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1f. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1g. Turnover
Turnover represents the value of goods provided by the company, net of value added tax and trade discounts and is recognised when supplied.
1h. Current Asset Investments
Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.
Whitestep Limited
1i. Statutory Information
Whitestep Limited is a private company, limited by shares, incorporated in England and Wales. The company's registered number is 06208613 and registered office address is First Floor 690 Great West Road, Osterley Village, Isleworth, England, TW7 4PU.
1j. Financial Instruments
The company only enters into basic financial instruments 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.
2. TANGIBLE FIXED ASSETS
Plant and
MachineryMotor CarsTotal
£££
Cost
At 1 January 202421,97449,44071,414
Additions780-780
At 31 December 202422,75449,44072,194
Depreciation
At 1 January 202415,46532,43247,897
For the year4,4605024,962
At 31 December 202419,92532,93452,859
Net Book Amounts
At 31 December 20242,82916,50619,335
At 31 December 20236,50917,00823,517
3. STOCK 20242023
££
Stock comprises:
Stock519,809660,931
519,809660,931
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors14,00453,155
Other debtors54,5738,788
Prepayments6,4048,732
Directors current account200,86746,856
275,848117,531
Whitestep Limited
5. CURRENT ASSET INVESTMENTS
20242023
££
Other investments4,725,4414,721,157
4,725,4414,721,157
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Taxation and social security15,44115,468
Salaries and wages control-27
Trade creditors37,12059,347
Other creditors5,88111,576
Pension Contribution Liability1,4311,871
Accruals1,9002,163
61,77390,452
7. EMPLOYEES
20242023
No.No.
Average number of employees66
8. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation4,5045,149
4,5045,149
Whitestep Limited
9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
5,556 Ordinary shares of £1.00 each5,5565,556
5,5565,556
10. RELATED PARTY TRANSACTIONS
At the balance sheet date, a director of the company, had advances of loans of £200,867, (Last Year £46,856). The maximum amount drawn was £200,867. Interest was charged at 2.25% p.a. The loan was repaid witinin 9 months.