Company Registration No. 09375226 (England and Wales)
The White Linen Company Ltd
Unaudited accounts
for the year ended 31 March 2025
The White Linen Company Ltd
Unaudited accounts
Contents
The White Linen Company Ltd
Company Information
for the year ended 31 March 2025
Company Number
09375226 (England and Wales)
Registered Office
Thomond House
16 North Street
Midhurst
West Sussex
GU29 9DJ
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
The White Linen Company Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
37,679
28,311
Cash at bank and in hand
1,454
6,841
Creditors: amounts falling due within one year
(237,158)
(146,217)
Net current liabilities
(229,831)
(104,896)
Total assets less current liabilities
(192,152)
(76,585)
Creditors: amounts falling due after more than one year
(29,838)
(36,685)
Net liabilities
(221,990)
(113,270)
Called up share capital
100
100
Profit and loss account
(222,090)
(113,370)
Shareholders' funds
(221,990)
(113,270)
For the year ending 31 March 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 30 December 2025 and were signed on its behalf by
A Johnston
Director
Company Registration No. 09375226
The White Linen Company Ltd
Notes to the Accounts
for the year ended 31 March 2025
The White Linen Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 09375226. The registered office is Thomond House, 16 North Street, Midhurst, West Sussex, GU29 9DJ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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
25% reducing balance
The White Linen Company Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
37,748
-
37,748
At 31 March 2025
37,748
25,073
62,821
At 1 April 2024
9,437
-
9,437
Charge for the year
9,437
6,268
15,705
At 31 March 2025
18,874
6,268
25,142
At 31 March 2025
18,874
18,805
37,679
At 31 March 2024
28,311
-
28,311
Amounts falling due within one year
Accrued income and prepayments
662
614
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,121
8,321
Taxes and social security
5,208
6,120
Loans from directors
222,329
-
7
Creditors: amounts falling due after more than one year
2025
2024
8
Transactions with related parties
At the balance sheet date the company was owed an amount of £Nil (2024 - £28,894) from All Asia Trading Limited, a company in which the company director has a material interest.
At the balance sheet date the company owed an amount of £Nil (2024 - £130,277) to Atlantic Cleaners Limited, a company in which the company director has a material interest.
The White Linen Company Ltd
Notes to the Accounts
for the year ended 31 March 2025
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).