White's Textile Services Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01270142 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 October 2025

for

White's Textile Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M D White

Mrs E N White

D S White

SECRETARY:

Mrs E N White

REGISTERED OFFICE:

Meadow Works

15 Fynney Fields

Basford Lane Industrial Estate

Leekbrook Leek

Staffordshire

ST13 7QG

REGISTERED NUMBER:

01270142 (England and Wales)

ACCOUNTANTS:

Bennett Brooks & Co Ltd

Chartered Accountants

Cherry Tree Court

Cross Street

Leek

Staffordshire

ST13 6BL

FIXED ASSETS

Tangible assets

4

431,931

423,109

Investments

5

7,009

438,940

430,118

CURRENT ASSETS

Stocks

260,868

154,715

Debtors

6

388,923

448,712

Cash at bank

253,050

283,312

902,841

886,739

CREDITORS

Amounts falling due within one year

7

(414,874

)

(313,590

)

NET CURRENT ASSETS

487,967

573,149

TOTAL ASSETS LESS CURRENT
LIABILITIES

926,907

1,003,267

CREDITORS

Amounts falling due after more than one year

8

(3,333

)

(23,333

)

PROVISIONS FOR LIABILITIES

(18,274

)

(10,650

)

NET ASSETS

905,300

969,284

CAPITAL AND RESERVES

Called up share capital

100

Revaluation reserve

9

269,779

273,263

Retained earnings

635,421

695,921

905,300

969,284

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 July 2026 and were signed on its behalf by:

D S White - Director

1.	STATUTORY INFORMATION

White's Textile Services 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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost and not provided

Plant and machinery

-

25% 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 Statement of Income and Retained Earnings, 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.

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 38 (2024 - 37 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

COST OR VALUATION

At 1 November 2024

356,300

508,432

9,650

874,382

Additions

-

48,295

-

48,295

At 31 October 2025

356,300

556,727

9,650

922,677

DEPRECIATION

At 1 November 2024

19,030

425,929

6,314

451,273

Charge for year

4,793

33,846

834

39,473

At 31 October 2025

23,823

459,775

7,148

490,746

NET BOOK VALUE

At 31 October 2025

332,477

96,952

2,502

431,931

At 31 October 2024

337,270

82,503

3,336

423,109

Cost or valuation at 31 October 2025 is represented by:

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

Valuation in 2021

256,366

-

256,366

Cost

99,934

556,727

9,650

666,311

356,300

556,727

9,650

922,677

If freehold property had not been revalued they would have been included at the following historical cost:

2025

2024

£

Cost

99,934

Aggregate depreciation

37,236

35,928

Value of land in freehold land and buildings

34,500

Freehold property were valued on an open market basis on 31 October 2020 by Bury and Hilton .

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 November 2024

and 31 October 2025

7,009

NET BOOK VALUE

At 31 October 2025

7,009

At 31 October 2024

7,009

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

351,275

422,018

Other debtors

37,648

26,694

388,923

448,712

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

18,333

Trade creditors

311,620

209,001

Taxation and social security

57,188

56,233

Other creditors

27,733

30,023

414,874

313,590

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

3,333

23,333

9.

RESERVES

Revaluation

reserve

£

At 1 November 2024

273,263

Transfer

(3,484

)

At 31 October 2025

269,779