Company registration number 05287417 (England and Wales)
WHITEACRE DEVELOPMENTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
WHITEACRE DEVELOPMENTS LIMITED
COMPANY INFORMATION
Director
Mr C J Ridley
Secretary
Mrs K E Ridley
Company number
05287417
Registered office
Avon House
435 Stratford Road
Shirley
Solihull
West Midlands
B90 4AA
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
Lloyds Bank Plc
9-11 Poplar Road
Solihull
West Midlands
B91 3AN
WHITEACRE DEVELOPMENTS LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
WHITEACRE DEVELOPMENTS LIMITED
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF WHITEACRE DEVELOPMENTS LIMITED FOR THE YEAR ENDED 31 JANUARY 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Whiteacre Developments Limited for the year ended 31 January 2025 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Whiteacre Developments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Whiteacre Developments Limited and state those matters that we have agreed to state to the b oard of d irectors of Whiteacre Developments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Whiteacre Developments Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Whiteacre Developments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Whiteacre Developments Limited. You consider that Whiteacre Developments Limited 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 financial statements of Whiteacre Developments Limited. 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 f inancial statements.

Ormerod Rutter Limited
30 April 2025
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
WHITEACRE DEVELOPMENTS LIMITED
BALANCE SHEET
AS AT 31 JANUARY 2025
31 January 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
45,639
37,190
Current assets
Stocks
3,334,174
1,909,924
Debtors
4
21,952
7,392
Cash at bank and in hand
4
13
3,356,130
1,917,329
Creditors: amounts falling due within one year
5
(366,081)
(293,736)
Net current assets
2,990,049
1,623,593
Total assets less current liabilities
3,035,688
1,660,783
Creditors: amounts falling due after more than one year
6
(3,119,154)
(1,650,813)
Provisions for liabilities
8
-
0
(3,098)
Net (liabilities)/assets
(83,466)
6,872
Capital and reserves
Called up share capital
9
100
100
Profit and loss reserves
(83,566)
6,772
Total equity
(83,466)
6,872

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

WHITEACRE DEVELOPMENTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2025
31 January 2025
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 30 April 2025
Mr C J Ridley
Director
Company registration number 05287417 (England and Wales)
WHITEACRE DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 4 -
1
Accounting policies
Company information

Whiteacre Developments Limited is a private company limited by shares incorporated in England and Wales. The registered office is Avon House, 435 Stratford Road, Shirley, Solihull, West Midlands, United Kingdom, B90 4AA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements have been drawn up on the going concern basis. If the going concern basis were not appropriate, adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.

1.3
Turnover

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably,

Revenue from the provision of services is recognised by reference to the stage of completion, when the costs incurred and costs to complete can be estimated reliably.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
15% on reducing balance
Fixtures and fittings
15% on reducing balance
Computer equipment
25% on cost
Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

WHITEACRE DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 5 -

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.9
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

WHITEACRE DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
4
4
3
Tangible fixed assets
Plant and machinery
Fixtures and fittings
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 February 2024
31,403
3,105
7,135
67,552
109,195
Additions
1,051
-
0
301
20,250
21,602
Disposals
-
0
-
0
-
0
(31,077)
(31,077)
At 31 January 2025
32,454
3,105
7,436
56,725
99,720
Depreciation and impairment
At 1 February 2024
21,160
2,345
6,273
42,227
72,005
Depreciation charged in the year
1,695
114
564
5,402
7,775
Eliminated in respect of disposals
-
0
-
0
-
0
(25,699)
(25,699)
At 31 January 2025
22,855
2,459
6,837
21,930
54,081
Carrying amount
At 31 January 2025
9,599
646
599
34,795
45,639
At 31 January 2024
10,243
760
862
25,325
37,190
4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
3,960
7,392
Deferred tax asset
17,992
-
0
21,952
7,392
WHITEACRE DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 7 -
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
29,843
8,074
Trade creditors
172,184
40,617
Taxation and social security
9,880
2,473
Other creditors
154,174
242,572
366,081
293,736
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
3,091,462
1,626,189
Other creditors
27,692
24,624
3,119,154
1,650,813
7
Secured debts
The following secured debts are included within creditors:
2025
2024
£
£
Hire purchase contracts
36,228
36,252
Bank overdrafts
29,843
8,074
Bank loans
3,091,462
1,626,189
3,157,533
1,670,515
Hire purchase contracts are secured against the assets to which they relate.
Bank loans are secured by way of a fixed and floating charge over all assets of the company.
8
Provisions for liabilities
2025
2024
£
£
Deferred tax liabilities
-
0
3,098
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100
WHITEACRE DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 8 -
10
Ultimate controlling party

The ultimate controlling party is Mr C J Ridley and Mrs K E Ridley.

2025-01-31 2024-02-01 false false false 30 April 2025 CCH Software CCH Accounts Production 2024.310 No description of principal activity Mr C J Ridley Mrs K E Ridley 05287417 2024-02-01 2025-01-31 05287417 bus:Director1 2024-02-01 2025-01-31 05287417 bus:CompanySecretary1 2024-02-01 2025-01-31 05287417 bus:RegisteredOffice 2024-02-01 2025-01-31 05287417 bus:Agent1 2024-02-01 2025-01-31 05287417 2025-01-31 05287417 2024-01-31 05287417 core:PlantMachinery 2025-01-31 05287417 core:FurnitureFittings 2025-01-31 05287417 core:ComputerEquipment 2025-01-31 05287417 core:MotorVehicles 2025-01-31 05287417 core:PlantMachinery 2024-01-31 05287417 core:FurnitureFittings 2024-01-31 05287417 core:ComputerEquipment 2024-01-31 05287417 core:MotorVehicles 2024-01-31 05287417 core:CurrentFinancialInstruments core:WithinOneYear 2025-01-31 05287417 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 05287417 core:Non-currentFinancialInstruments core:AfterOneYear 2025-01-31 05287417 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 05287417 core:CurrentFinancialInstruments 2025-01-31 05287417 core:CurrentFinancialInstruments 2024-01-31 05287417 core:Non-currentFinancialInstruments 2025-01-31 05287417 core:Non-currentFinancialInstruments 2024-01-31 05287417 core:ShareCapital 2025-01-31 05287417 core:ShareCapital 2024-01-31 05287417 core:RetainedEarningsAccumulatedLosses 2025-01-31 05287417 core:RetainedEarningsAccumulatedLosses 2024-01-31 05287417 core:PlantMachinery 2024-02-01 2025-01-31 05287417 core:FurnitureFittings 2024-02-01 2025-01-31 05287417 core:ComputerEquipment 2024-02-01 2025-01-31 05287417 core:MotorVehicles 2024-02-01 2025-01-31 05287417 2023-01-01 2024-01-31 05287417 core:PlantMachinery 2024-01-31 05287417 core:FurnitureFittings 2024-01-31 05287417 core:ComputerEquipment 2024-01-31 05287417 core:MotorVehicles 2024-01-31 05287417 2024-01-31 05287417 core:WithinOneYear 2025-01-31 05287417 core:WithinOneYear 2024-01-31 05287417 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05287417 bus:FRS102 2024-02-01 2025-01-31 05287417 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 05287417 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 05287417 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP