Registration number: NI007974

Whitehouse Engineering Company Limited

(Registration number: NI007974)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	131,268	164,480
Investments	5	679,822	400,637
		811,090	565,117
Current assets
Stocks	6	63,379	109,635
Debtors	7	636,006	638,394
Cash at bank and in hand		2,159,712	2,140,684
		2,859,097	2,888,713
Creditors: Amounts falling due within one year	8	(729,692)	(1,074,171)
Net current assets		2,129,405	1,814,542
Total assets less current liabilities		2,940,495	2,379,659
Provisions for liabilities		(46,339)	(15,046)
Net assets		2,894,156	2,364,613
Capital and reserves
Called up share capital	9	100,000	100,000
Retained earnings		2,794,156	2,264,613
Shareholders' funds		2,894,156	2,364,613

For the financial 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Whitehouse Engineering Company Limited

(Registration number: NI007974)
Balance Sheet as at 30 September 2025

Approved and authorised by the Board on 17 December 2025 and signed on its behalf by:
 

......................................... Mr S J Dawson Director

......................................... Mr M E Dawson Director

......................................... Mr W T Dawson (Jnr) Director

Whitehouse Engineering Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in Northern Ireland.

The address of its registered office is: 14 Trench Road, Mallusk, Newtownabbey, BT36 4UU.

These financial statements were authorised for issue by the Board on 17 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Government grants

Revenue grants are accounted for under the performance model. Revenue grants that do not impose specified future performance-related conditions are recognised when the grant proceeds are received or receivable.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Whitehouse Engineering Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land and buildings	2% per year straight line
Plant and machinery	15% per year reducing balance
Motor vehicles	25% per year reducing balance
Office equipment	15% per year reducing balance
Computer equipment	25% per year straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Short-term debtors and creditors

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Financial assets, including debtors, are reviewed at the reporting date to determine if there is any evidence of potential impairment. Any losses arising from impairment are recognised in the income statement in operating expenses.

Whitehouse Engineering Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2024 - 16).

Whitehouse Engineering Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Land and buildings £	Fixtures, fittings & equipment  £	Motor vehicles  £	Plant and Machinery £	Total £
Cost or valuation
At 1 October 2024	152,843	251,488	230,374	1,204,452	1,839,157
Additions	-	1,595	-	1,995	3,590
Disposals	-	(1,450)	-	-	(1,450)
At 30 September 2025	152,843	251,633	230,374	1,206,447	1,841,297
Depreciation
At 1 October 2024	152,843	237,972	117,672	1,166,189	1,674,676
Charge for the year	-	1,918	28,176	5,839	35,933
Eliminated on disposal	-	(580)	-	-	(580)
At 30 September 2025	152,843	239,310	145,848	1,172,028	1,710,029
Carrying amount
At 30 September 2025	-	12,323	84,526	34,419	131,268
At 30 September 2024	-	13,516	112,701	38,263	164,480

5	Investments

	2025 £	2024 £
Investment portfolio	679,822	400,637

6

Stocks

	2025 £	2024 £
Raw materials and consumables	63,379	109,635

Whitehouse Engineering Company Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7

Debtors

	2025 £	2024 £
Trade debtors	544,697	549,880
Prepayments	47,071	38,592
Other debtors	44,238	49,922
	636,006	638,394

8	Creditors: due within one year

	2025 £	2024 £
Trade creditors	162,737	248,703
Taxation and social security	150,147	122,795
Accruals and deferred income	405,623	693,061
Other creditors	11,185	9,612
	729,692	1,074,171