WHYTE HOLDINGS LTD


Directors	WHYTE, David Leslie
	WHYTE, Helen Marie


Registered Address	Westgate House
	1 Westgate
	Wetherby
	LS22 6LL


Place of Business	High Row
	Reeth
	Richmond
	DL11 6SZ


Registered Number	11938924 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		57,012		66,311
			57,012		66,311
Current assets
Stocks	4	15,687		13,390
Debtors	5,6	19,906		18,751
Cash at bank and on hand		28,359		31,705
		63,952		63,846
Creditors amounts falling due within one year	7	(144,608)		(89,839)
Net current assets (liabilities)			(80,656)		(25,993)
Total assets less current liabilities			(23,644)		40,318
Creditors amounts falling due after one year	8		(8,333)		(18,333)
Net assets			(31,977)		21,985
Capital and reserves
Called up share capital			2		2
Profit and loss account			(31,979)		21,983
Shareholders' funds			(31,977)		21,985

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 7 October 2025, and are signed on its behalf by:

WHYTE, David Leslie
Director

WHYTE, Helen Marie
Director

Registered Company No. 11938924

WHYTE HOLDINGS LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

	Stocks and work in progress
	Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

Stocks and work in progress

Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss.

Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	15		12

3.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Total
	£	£	£
Cost or valuation
At 01 February 24	50,000	53,712	103,712
Additions	-	1,193	1,193
Disposals	-	(567)	(567)
At 31 January 25	50,000	54,338	104,338
Depreciation and impairment
At 01 February 24	14,373	23,028	37,401
Charge for year	4,239	5,824	10,063
On disposals	(138)	-	(138)
At 31 January 25	18,474	28,852	47,326
Net book value
At 31 January 25	31,526	25,486	57,012
At 31 January 24	35,627	30,684	66,311

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	15,687	13,390
Total	15,687	13,390

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	71	-
Prepayments and accrued income	8,349	7,265
Total	8,420	7,265

6.	Debtors: amounts due after one year

	2025	2024
	£	£
Other debtors	11,486	11,486
Total	11,486	11,486

7.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	11,972	8,525
Bank borrowings and overdrafts	62,048	17,699
Taxation and social security	12,940	10,612
Other creditors	51,198	47,400
Accrued liabilities and deferred income	6,450	5,603
Total	144,608	89,839

8.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	8,333	18,333
Total	8,333	18,333