REGISTERED NUMBER: 06457894 (England and Wales)

Nigel Whitefield Limited

Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N J Whitefield

SECRETARY:

Mrs K Y M Whitefield

REGISTERED OFFICE:

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

REGISTERED NUMBER:

06457894 (England and Wales)

ACCOUNTANTS:

Read Woodruff

Chartered Accountants

24 Cornwall Road

Dorchester

Dorset

DT1 1RX

BANKERS:

National Westminster Bank plc

49 South Street

Dorchester

Dorset

DT1 1DW

FIXED ASSETS

Tangible assets

4

16,508

19,673

CURRENT ASSETS

Debtors

5

3,313

4,188

Cash at bank

10,006

8,025

13,319

12,213

CREDITORS

Amounts falling due within one year

6

21,874

23,648

NET CURRENT LIABILITIES

(8,555

)

(11,435

)

TOTAL ASSETS LESS CURRENT LIABILITIES

7,953

8,238

PROVISIONS FOR LIABILITIES

3,137

3,738

NET ASSETS

4,816

4,500

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

4,815

4,499

SHAREHOLDERS' FUNDS

4,816

4,500

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 1 December 2025 and were signed by:

N J Whitefield - Director

1.	STATUTORY INFORMATION

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

Tangible fixed assets

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

Plant and machinery

-

15% on reducing balance

Office equipment

-

33% on cost

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Office

Motor

machinery

equipment

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

23,830

8,546

23,705

56,081

Additions

1,375

-

-

1,375

At 31 March 2025

25,205

8,546

23,705

57,456

DEPRECIATION

At 1 April 2024

18,223

7,814

10,371

36,408

Charge for year

841

366

3,333

4,540

At 31 March 2025

19,064

8,180

13,704

40,948

NET BOOK VALUE

At 31 March 2025

6,141

366

10,001

16,508

At 31 March 2024

5,607

732

13,334

19,673

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,000

3,875

Prepayments and accrued income

313

313

3,313

4,188

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,632

974

UK corporation tax

2,787

1,903

Tax and social security costs

694

586

Directors' current accounts

15,441

18,985

Accruals and deferred income

1,320

1,200

21,874

23,648