REGISTERED NUMBER: 06514537 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

WHITBREAD DECORATORS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S J Whitbread

SECRETARY:

Meades Directors Limited

REGISTERED OFFICE:

2A Battlers Green Drive

Radlett

Hertfordshire

WD7 8NF

REGISTERED NUMBER:

06514537 (England and Wales)

ACCOUNTANTS:

Meades Group Limited

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

FIXED ASSETS

Intangible assets

4

3,750

5,000

Tangible assets

5

3,593

4,550

7,343

9,550

CURRENT ASSETS

Debtors

6

47,240

13,310

Cash at bank

10,967

44,096

58,207

57,406

CREDITORS

Amounts falling due within one year

7

22,765

27,679

NET CURRENT ASSETS

35,442

29,727

TOTAL ASSETS LESS CURRENT LIABILITIES

42,785

39,277

PROVISIONS FOR LIABILITIES

898

1,138

NET ASSETS

41,887

38,139

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

41,886

38,138

SHAREHOLDERS' FUNDS

41,887

38,139

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

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

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29th September 2025 and were signed by:

Mr S J Whitbread - Director

1.	STATUTORY INFORMATION

Whitbread Decorators Limited 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 represents income derived from the provision of decorating services, net of Value Added Tax. Income is recognised when an invoice is raised.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles

-

20% on reducing balance

Computer equipment

-

25% on reducing balance and Straight line over 4 years

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st January 2024

and 31st December 2024

25,000

AMORTISATION

At 1st January 2024

20,000

Charge for year

1,250

At 31st December 2024

21,250

NET BOOK VALUE

At 31st December 2024

3,750

At 31st December 2023

5,000

5.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1st January 2024

and 31st December 2024

14,397

874

15,271

DEPRECIATION

At 1st January 2024

10,308

413

10,721

Charge for year

818

139

957

At 31st December 2024

11,126

552

11,678

NET BOOK VALUE

At 31st December 2024

3,271

322

3,593

At 31st December 2023

4,089

461

4,550

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

46,859

13,002

Prepayments

381

308

47,240

13,310

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

-

1,723

Corporation tax

2,145

3,601

Social security and other taxes

526

46

CIS payable

972

1,381

VAT

6,803

5,636

Director's current account

12,319

15,292

22,765

27,679

8.	RELATED PARTY DISCLOSURES

The director's current account balance of £12,319 (2023 - £15,292) has no fixed date for repayment, is repayable upon demand and is non-interest bearing.