1 October 2024 v2026.25.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 07370116 2024-10-01 2025-09-30 07370116 2025-09-30 07370116 2024-09-30 07370116 core:WithinOneYear 2025-09-30 07370116 core:WithinOneYear 2024-09-30 07370116 core:AfterOneYear 2025-09-30 07370116 core:AfterOneYear 2024-09-30 07370116 core:ShareCapital 2025-09-30 07370116 core:ShareCapital 2024-09-30 07370116 core:RetainedEarningsAccumulatedLosses 2025-09-30 07370116 core:RetainedEarningsAccumulatedLosses 2024-09-30 07370116 bus:Director1 2024-10-01 2025-09-30 07370116 bus:RegisteredOffice 2024-10-01 2025-09-30 07370116 core:NetGoodwill 2024-10-01 2025-09-30 07370116 core:MotorVehicles 2024-10-01 2025-09-30 07370116 core:OfficeEquipment 2024-10-01 2025-09-30 07370116 2023-10-01 2024-09-30 07370116 core:NetGoodwill 2025-09-30 07370116 core:NetGoodwill 2024-10-01 07370116 core:NetGoodwill 2024-09-30 07370116 core:PlantMachinery 2024-10-01 07370116 core:PlantMachinery 2024-10-01 2025-09-30 07370116 core:PlantMachinery 2025-09-30 07370116 core:PlantMachinery 2024-09-30 07370116 1 2024-10-01 2025-09-30 07370116 countries:EnglandWales 2024-10-01 2025-09-30 07370116 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 07370116 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 07370116 bus:SmallEntities 2024-10-01 2025-09-30 07370116 bus:FullAccounts 2024-10-01 2025-09-30
Company registration number:
07370116
Whites St. Albans Limited
Unaudited Filleted Financial Statements for the year ended
30 September 2025
Whites St. Albans Limited
Statement of Financial Position
30 September 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Intangible assets | 5 | 15,000 |  | 20,000 |
Tangible assets | 6 | 3,046,608 |  | 2,588,759 |
|  | 3,061,608 |  | 2,608,759 |
Current assets |  |  |  |  |
Debtors | 7 | 422,566 |  | 359,940 |
Cash at bank and in hand |  | 347,858 |  | 426,622 |
|  | 770,424 |  | 786,562 |
Creditors: amounts falling due within one year | 8 | (774,252 | ) | (740,787 | )
Net current (liabilities)/assets |  | (3,828 | ) | 45,775 |
Total assets less current liabilities |  | 3,057,780 |  | 2,654,534 |
Creditors: amounts falling due after more than one year | 9 | (913,348 | ) | (470,201 | )
Provisions for liabilities |  | (755,244 | ) | (640,373 | )
Net assets |  | 1,389,188 |  | 1,543,960 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 100 |  | 100 |
Profit and loss account |  | 1,389,088 |  | 1,543,860 |
Shareholders funds |  | 1,389,188 |  | 1,543,960 |

For the year ending
30 September 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
23 June 2026
, and are signed on behalf of the board by:

G White
Director

Company registration number:
07370116
Whites St. Albans Limited
Notes to the Financial Statements
Year ended
30 September 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
6 Hillside Road
,
St. Albans
,
Hertfordshire
,
AL1 3QL
, United Kingdom.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods and services supplied, net of discounts and Value Added Tax.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Goodwill

Purchased goodwill arises on business acquisitions and represents the difference between the cost of acquisition and the fair values of the identifiable assets and liabilities acquired.
Goodwill is initially recorded at cost, and is subsequently stated at cost less any accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over the useful economic life of the asset. Where a reliable estimate of the useful life of goodwill cannot be made, the life is presumed not to exceed five years.

## Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less accumulated depreciation and any impairment losses.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Motor vehicles | 15% reducing balance
Office equipment | 25% straight line

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly.

## Finance leases and hire purchase contracts

Assets held under finance leases are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term.
Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.

## Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

## Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

## Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

## 4 Average number of employees

The average number of persons employed by the company during the year was
22
(2024:
20.00
).

## 5 Intangible assets

| Goodwill
--- | ---
| £
Cost |  |
At 1 October 2024 and 30 September 2025 | 250,000 |
Amortisation |  |
At 1 October 2024 | 230,000 |
Charge | 5,000 |
At 30 September 2025 | 235,000 |
Carrying amount |  |
At 30 September 2025 | 15,000 |
At 30 September 2024 | 20,000 |

## 6 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 October 2024 | 3,464,808 |
Additions | 1,221,420 |
Disposals | (574,548 | )
At 30 September 2025 | 4,111,680 |
Depreciation |  |
At 1 October 2024 | 876,049 |
Charge | 411,525 |
Disposals | (222,502 | )
At 30 September 2025 | 1,065,072 |
Carrying amount |  |
At 30 September 2025 | 3,046,608 |
At 30 September 2024 | 2,588,759 |

## 7 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 197,802 |  | 223,563 |
Other debtors | 224,764 |  | 136,377 |
| 422,566 |  | 359,940 |

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 10,832 |  | 10,020 |
Trade creditors | 127,468 |  | 206,599 |
Taxation and social security | 85,728 |  | 215,718 |
Other creditors | 550,224 |  | 308,450 |
| 774,252 |  | 740,787 |

## 9 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | - |  | 10,813 |
Other creditors | 913,348 |  | 459,388 |
| 913,348 |  | 470,201 |