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Company Registration No. SC290219 (Scotland)
Whites Financial Management Limited Annual accounts for the year ended 30 April 2025
Whites Financial Management Limited Annual accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Whites Financial Management Limited Company Information for the year ended 30 April 2025
Director
Simon White
Secretary
Mary White
Company Number
SC290219 (Scotland)
Registered Office
29 Stafford Street Edinburgh EH3 7BJ Scotland
Accountants
Norman Hewitt 43 Mariner Road Camelon FALKIRK Scotland FK1 4JR
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Whites Financial Management Limited Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,826
5,681
Current assets
Cash at bank and in hand
802,024
714,675
Creditors: amounts falling due within one year
5
(101,588)
(120,244)
Net current assets
700,436
594,431
Net assets
705,262
600,112
Capital and reserves
Called up share capital
6
2
2
Share premium
299
299
Profit and loss account
704,961
599,811
Shareholders' funds
705,262
600,112
For the year ending 30 April 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 August 2025 and were signed on its behalf by
Simon White Director Company Registration No. SC290219
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Whites Financial Management Limited Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
Whites Financial Management Limited is a private company, limited by shares, registered in Scotland, registration number SC290219. The registered office is 29 Stafford Street, Edinburgh, EH3 7BJ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 May 2024
59,298
At 30 April 2025
59,298
Depreciation
At 1 May 2024
53,617
Charge for the year
855
At 30 April 2025
54,472
Net book value
At 30 April 2025
4,826
At 30 April 2024
5,681
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
72,569
97,244
Loans from directors
29,019
23,000
101,588
120,244
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Whites Financial Management Limited Notes to the Accounts for the year ended 30 April 2025
6
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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