REGISTERED NUMBER: 06821688 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

SEAN WHITE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S D White

Mrs J M White

SECRETARY:

Mrs J M White

REGISTERED OFFICE:

6 Tamworth Rd

Bedford

Bedfordshire

MK41 8QY

REGISTERED NUMBER:

06821688 (England and Wales)

ACCOUNTANTS:

Bayler Wood Associates Ltd

Chartered Certified Accountants

2 Church Lane

Walgrave

Northamptonshire

NN6 9QH

FIXED ASSETS

Tangible assets

4

25,062

37,137

Investment property

5

405,000

405,000

430,062

442,137

CURRENT ASSETS

Debtors

6

58,387

60,700

Cash at bank

102,515

46,108

160,902

106,808

CREDITORS

Amounts falling due within one year

7

62,063

76,233

NET CURRENT ASSETS

98,839

30,575

TOTAL ASSETS LESS CURRENT LIABILITIES

528,901

472,712

PROVISIONS FOR LIABILITIES

20,850

23,311

NET ASSETS

508,051

449,401

CAPITAL AND RESERVES

Called up share capital

8

200

200

Undistributable reserve

9

58,336

58,336

Retained earnings

449,515

390,865

SHAREHOLDERS' FUNDS

508,051

449,401

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

S D White - Director

1.	STATUTORY INFORMATION

Sean White 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 as modified by the revaluation of certain assets.

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 cost

Motor vehicles

-

20% on cost

Computer equipment

-

33% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in undistributable reserves.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

76,572

30,643

4,630

111,845

DEPRECIATION

At 1 April 2024

42,509

28,290

3,909

74,708

Charge for year

9,704

2,015

356

12,075

At 31 March 2025

52,213

30,305

4,265

86,783

NET BOOK VALUE

At 31 March 2025

24,359

338

365

25,062

At 31 March 2024

34,063

2,353

721

37,137

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

405,000

NET BOOK VALUE

At 31 March 2025

405,000

At 31 March 2024

405,000

Included in fair value of investment property is freehold land of £ 405,000 (2024 - £ 405,000 ) which is not depreciated.

The directors are of the opinion that the current fair value is not materially different to the value stated in the

accounts, therefore no valuation adjustment has been entered for 2025.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2017

72,920

Cost

332,080

405,000

If the investment property had not been revalued it would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

332,080

332,080

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

57,553

59,971

Prepayments

834

729

58,387

60,700

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Social security and other taxes

41,931

29,855

VAT

1,324

1,302

Directors loan account

16,489

42,964

Sundry creditors and accruals

2,319

2,112

62,063

76,233

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary

£1

100

100

100

'A' Ordinary

£1

100

100

200

200

9.

RESERVES

Undistributable

reserve

£

At 1 April 2024

and 31 March 2025

58,336

Undistributable reserves are made up of fair value and deferred tax adjustments to investment property. These are shown separately from profit and loss account reserves as they are not distributable to shareholders.