REGISTERED NUMBER: 08235594 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Whitespider Enterprise Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Lees

J S Malcolm

REGISTERED OFFICE:

Arlington Business Centre

Millshaw Park Lane

Leeds

LS11 0NE

REGISTERED NUMBER:

08235594 (England and Wales)

ACCOUNTANTS:

KJA Kilner Johnson Ltd

Network House

Stubs Beck Lane

Cleckheaton

BD19 4TT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

105,457

124,229

105,457

124,229

CURRENT ASSETS

Debtors

6

1,808,603

875,845

Cash at bank

79,344

93,240

1,887,947

969,085

CREDITORS

Amounts falling due within one year

7

1,764,859

659,153

NET CURRENT ASSETS

123,088

309,932

TOTAL ASSETS LESS CURRENT LIABILITIES

228,545

434,161

CREDITORS

Amounts falling due after more than one year

8

(160,588

)

(228,330

)

PROVISIONS FOR LIABILITIES

(26,364

)

(31,057

)

NET ASSETS

41,593

174,774

RESERVES

Retained earnings

41,593

174,774

SHAREHOLDERS' FUNDS

41,593

174,774

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by:

P Lees - Director

1.	STATUTORY INFORMATION

Whitespider Enterprise Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

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

Fixtures and fittings

-

20% reducing balance

Computer equipment

-

33% straight line

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 36 (2023 - 32 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

10,521

Disposals

(10,521

)

At 31 December 2024

-

AMORTISATION

At 1 January 2024

10,521

Eliminated on disposal

(10,521

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

25,072

29,235

78,345

91,061

223,713

Additions

-

736

-

33,214

33,950

Disposals

(25,072

)

-

-

-

(25,072

)

At 31 December 2024

-

29,971

78,345

124,275

232,591

DEPRECIATION

At 1 January 2024

22,506

11,005

12,241

53,732

99,484

Charge for year

513

5,271

16,526

28,359

50,669

Eliminated on disposal

(23,019

)

-

-

-

(23,019

)

At 31 December 2024

-

16,276

28,767

82,091

127,134

NET BOOK VALUE

At 31 December 2024

-

13,695

49,578

42,184

105,457

At 31 December 2023

2,566

18,230

66,104

37,329

124,229

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

868,625

275,073

Other debtors

107,390

-

Invoice finance

522,226

146,875

Directors' current accounts

112,554

138,763

Tax

-

73,786

Prepayments and accrued income

197,808

241,348

1,808,603

875,845

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 9)

40,725

43,568

Hire purchase contracts

11,436

5,790

Trade creditors

339,856

74,696

Social security and other taxes

60,533

54,063

VAT

242,600

107,219

Other creditors

20,679

20,369

Directors' current accounts

601

601

Accruals and deferred income

1,048,429

352,847

1,764,859

659,153

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 9)

106,707

157,367

Hire purchase contracts

53,881

70,963

160,588

228,330

9.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

40,725

43,568

Amounts falling due between one and two years:

Bank loans - 1-2 years

106,707

157,367

10.	SECURED DEBTS

The bank loan is secured by fixed charges over the assets of the company.

11.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2024

2023

value:

£

£

470

Share capital 1

.01p

-

-

470

Share capital 2

.01p

-

-

60

Share capital 3

.01p

-

-

-

-