REGISTERED NUMBER: 07248256 (England and Wales)

WHITE'S FOODSERVICE EQUIPMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

T J White

REGISTERED OFFICE:

Unit 8

Padgets Lane

South Moons Moat

Redditch

Worcestershire

B98 0RA

REGISTERED NUMBER:

07248256 (England and Wales)

ACCOUNTANTS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

436,391

441,976

CURRENT ASSETS

Stocks

2,318,354

2,256,761

Debtors

5

1,185,681

945,875

Cash at bank and in hand

811,319

678,465

4,315,354

3,881,101

CREDITORS

Amounts falling due within one year

6

3,504,765

3,075,863

NET CURRENT ASSETS

810,589

805,238

TOTAL ASSETS LESS CURRENT LIABILITIES

1,246,980

1,247,214

PROVISIONS FOR LIABILITIES

8

90,364

91,355

NET ASSETS

1,156,616

1,155,859

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

1,156,615

1,155,858

SHAREHOLDERS' FUNDS

1,156,616

1,155,859

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 21 November 2025 and were signed by:

T J White - Director

1.	STATUTORY INFORMATION

White's Foodservice Equipment 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.

Improvements to Property

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

at variable rates on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

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.

Government grants

Government grants relating to fixed assets are treated as deferred income and released over the assets' useful lives. Grants relating to revenue expenditure are recognised in the profit and loss account in the period in which the relevant costs are incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

Motor

Property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 May 2024

148,162

138,250

289,639

322,523

898,574

Additions

12,000

7,305

20,257

67,627

107,189

Disposals

-

(2,123

)

-

(24,277

)

(26,400

)

At 30 April 2025

160,162

143,432

309,896

365,873

979,363

DEPRECIATION

At 1 May 2024

71,608

94,618

147,036

143,336

456,598

Charge for year

13,621

9,758

33,031

52,763

109,173

Eliminated on disposal

-

(1,413

)

-

(21,386

)

(22,799

)

At 30 April 2025

85,229

102,963

180,067

174,713

542,972

NET BOOK VALUE

At 30 April 2025

74,933

40,469

129,829

191,160

436,391

At 30 April 2024

76,554

43,632

142,603

179,187

441,976

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

687,298

676,631

Amounts owed by group undertakings

315,936

155,896

Other debtors

182,447

113,348

1,185,681

945,875

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

102

1

Trade creditors

778,366

749,885

Amounts owed to group undertakings

2,327,120

2,131,699

Taxation and social security

365,974

160,168

Other creditors

33,203

34,110

3,504,765

3,075,863

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.25

30.4.24

£

£

Within one year

113,469

74,303

Between one and five years

145,408

186,178

258,877

260,481

8.	PROVISIONS FOR LIABILITIES

30.4.25

30.4.24

£

£

Deferred tax

90,364

91,355

Deferred

tax

£

Balance at 1 May 2024

91,355

Credit to Income Statement during year

(991

)

Balance at 30 April 2025

90,364