REGISTERED NUMBER: 04717321 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Whitby Partnership Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Whitby

Mrs L V Whitby

SECRETARY:

Mrs L V Whitby

REGISTERED OFFICE:

Rowley Farm

Black Park Road

Wexham

Slough

Buckinghamshire

SL3 6DR

REGISTERED NUMBER:

04717321 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishops Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

1,104,051

873,406

Investments

5

4

4

1,104,055

873,410

CURRENT ASSETS

Debtors

6

918,766

835,068

Cash at bank

170,178

129,389

1,088,944

964,457

CREDITORS

Amounts falling due within one year

7

238,866

361,583

NET CURRENT ASSETS

850,078

602,874

TOTAL ASSETS LESS CURRENT LIABILITIES

1,954,133

1,476,284

CREDITORS

Amounts falling due after more than one year

8

(185,894

)

(40,415

)

PROVISIONS FOR LIABILITIES

9

(269,908

)

(160,254

)

NET ASSETS

1,498,331

1,275,615

CAPITAL AND RESERVES

Called up share capital

10

75

75

Capital redemption reserve

25

25

Retained earnings

1,498,231

1,275,515

SHAREHOLDERS' FUNDS

1,498,331

1,275,615

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 9 December 2025 and were signed on its behalf by:

S M Whitby - Director

1.	STATUTORY INFORMATION

Whitby Partnership 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.

Short leasehold

-

5% on cost

Long leasehold

-

Straight line over 15 years

Plant and machinery

-

25% reducing balance basis

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 1 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Short

Long

Plant and

leasehold

leasehold

machinery

Totals

£

£

£

£

COST

At 1 April 2024

1,880

81,759

2,107,754

2,191,393

Additions

-

-

638,697

638,697

Disposals

-

-

(418,037

)

(418,037

)

At 31 March 2025

1,880

81,759

2,328,414

2,412,053

DEPRECIATION

At 1 April 2024

533

53,144

1,264,310

1,317,987

Charge for year

94

5,450

212,656

218,200

Eliminated on disposal

-

-

(228,185

)

(228,185

)

At 31 March 2025

627

58,594

1,248,781

1,308,002

NET BOOK VALUE

At 31 March 2025

1,253

23,165

1,079,633

1,104,051

At 31 March 2024

1,347

28,615

843,444

873,406

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

4

NET BOOK VALUE

At 31 March 2025

4

At 31 March 2024

4

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

99,627

64,050

Amounts owed by group undertakings

26,897

26,897

Other debtors

451,023

167,468

VAT

369

12,741

Accrued income

331,600

554,662

Prepayments

9,250

9,250

918,766

835,068

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

752

1,237

Bounce back loan under 1 year

11,061

10,648

Hire purchase contracts

131,237

123,124

Trade creditors

22,804

86,122

Tax

34,109

44,273

Social security and other taxes

911

3,492

Other creditors

181

318

Directors' current accounts

35,786

30,582

Accrued expenses

2,025

61,787

238,866

361,583

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bounce back loan over 1 year

2,856

14,302

Hire purchase contracts

183,038

26,113

185,894

40,415

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

269,908

160,254

Deferred

tax

£

Balance at 1 April 2024

160,254

Accelerated capital allowances

109,654

Balance at 31 March 2025

269,908

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

75

75

11.	RELATED PARTY DISCLOSURES

During the year, total dividends of £6,000 (2024 - £6,000) were paid to the directors .

The directors maintain loan accounts with the company. At the year end the company owed them £35,786 (2024: £30,582).

Whitby Farms is a partnership controlled by the directors of Whitby Partnership Limited. During the year the company invoiced the partnership services totalling £327,000.

At the balance sheet date Whitby Farms owed Whitby Partnership Limited £451,023 (2024: £167,468).

12.	ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control of the directors, all shareholders of the company.