Whittleford Service Station Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 10805961 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

WHITTLEFORD SERVICE STATION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr R I Patel

Mr S D Pandya

REGISTERED OFFICE:

Solar House

282 Chase Road

Southgate

London

N14 6NZ

REGISTERED NUMBER:

10805961 (England and Wales)

ACCOUNTANTS:

Sachdev & Co

Chartered Accountants

5 Albany Road

Earlsdon

Coventry

CV5 6JQ

FIXED ASSETS

Intangible assets

4

40,831

54,831

Tangible assets

5

33,551

39,732

74,382

94,563

CURRENT ASSETS

Stocks

6

74,125

90,995

Debtors

7

10,558

46,865

Cash at bank and in hand

9,634

29,242

94,317

167,102

CREDITORS

Amounts falling due within one year

8

126,069

254,370

NET CURRENT LIABILITIES

(31,752

)

(87,268

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

42,630

7,295

CREDITORS

Amounts falling due after more than one
year

9

-

13,333

NET ASSETS/(LIABILITIES)

42,630

(6,038

)

CAPITAL AND RESERVES

Called up share capital

11

1

Retained earnings

42,629

(6,039

)

SHAREHOLDERS' FUNDS

42,630

(6,038

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Statement of Income and Retained Earnings 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:

Mr S D Pandya - Director

1.	STATUTORY INFORMATION

Whittleford Service Station 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 amounts derived from the sale of goods to customers during the year, and is recognised at the date the risks and rewards of ownership of goods were transferred to the customer. This is stated after trade discounts, other sales taxes and net of VAT.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

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

Long leasehold

-

Over the term of lease

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 2 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 October 2023

and 30 September 2024

139,995

AMORTISATION

At 1 October 2023

85,164

Amortisation for year

14,000

At 30 September 2024

99,164

NET BOOK VALUE

At 30 September 2024

40,831

At 30 September 2023

54,831

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

COST

At 1 October 2023

and 30 September 2024

7,185

65,000

30,000

10,203

112,388

DEPRECIATION

At 1 October 2023

7,185

40,846

18,852

5,773

72,656

Charge for year

-

3,623

1,672

886

6,181

At 30 September 2024

7,185

44,469

20,524

6,659

78,837

NET BOOK VALUE

At 30 September 2024

-

20,531

9,476

3,544

33,551

At 30 September 2023

-

24,154

11,148

4,430

39,732

6.

STOCKS

30.9.24

30.9.23

£

Stocks

74,125

90,995

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Trade debtors

3,978

39,660

Other debtors

4,080

Prepayments

2,500

3,125

10,558

46,865

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Bank loans and overdrafts (see note 10)

13,333

20,000

Trade creditors

16,792

95,463

Amounts owed to group undertakings

82,116

104,785

Tax

5,960

6,036

Social security and other taxes

576

453

Net wages

2,894

4,741

Pension contribution

-

204

VAT

438

1,744

Directors' loan accounts

-

13,831

Accrued expenses

3,960

7,113

126,069

254,370

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

30.9.24

30.9.23

£

Bank loans (see note 10)

-

13,333

10.

LOANS

An analysis of the maturity of loans is given below:

30.9.24

30.9.23

£

Amounts falling due within one year or on demand:

Bank loans

13,333

20,000

Amounts falling due between one and two years:

Bank loans - 1-2 years

-

12,000

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

1,333

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.24

30.9.23

value:

£

1

Ordinary

£1

1

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Silverline Logistics Limited.