Bonehillwhite Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 09212061

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		11,166		14,232

			11,166		14,232
CURRENT ASSETS
Stocks	6	114,443		108,372
Debtors	7	39,220		17,328
Cash at bank and in hand		42,663		20,492

		196,326		146,192
Creditors: Amounts Falling Due Within One Year	8	(69,236 )		(66,610 )

NET CURRENT ASSETS (LIABILITIES)			127,090		79,582

TOTAL ASSETS LESS CURRENT LIABILITIES			138,256		93,814

Creditors: Amounts Falling Due After More Than One Year	9		(135,000 )		(54,966 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(2,791 )		(3,558 )

NET ASSETS			465		35,290

CAPITAL AND RESERVES
Called up share capital	11		250		250
Profit and Loss Account			215		35,040

SHAREHOLDERS' FUNDS			465		35,290

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Bonehillwhite Limited

Balance Sheet (continued)

As At 30 November 2025

For the year ending 30 November 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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mrs D K McMahon

Director

26 August 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Bonehillwhite Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09212061 . The registered office is Park House, 68a New Penkridge Road, Cannock, Staffordshire, WS11 1HW.

2. Accounting Policies

2.1. Basis of Preparation of 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Sale of goods

Turnover from the sale of bridal gowns is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on completion of the order.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided at the following rates in order to write off each asset over its estimated useful life.

Fixtures & Fittings	20% on cost
Computer Equipment	Straight line over 3 years

2.5. Stocks and Work in Progress

Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all cost of purchase, cost of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

...CONTINUED

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Bonehillwhite Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

2.6. Taxation - continued

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.

2.7. Debtors and creditors receivable / payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2024: 4)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 December 2024	50,656

As at 30 November 2025	50,656

Amortisation
As at 1 December 2024	50,656

As at 30 November 2025	50,656

Net Book Value
As at 30 November 2025	-

As at 1 December 2024	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 December 2024	56,945	2,997	59,942
Additions	1,163	4,330	5,493

As at 30 November 2025	58,108	7,327	65,435

Depreciation
As at 1 December 2024	42,713	2,997	45,710
Provided during the period	7,115	1,444	8,559

As at 30 November 2025	49,828	4,441	54,269

Net Book Value
As at 30 November 2025	8,280	2,886	11,166

As at 1 December 2024	14,232	-	14,232

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Bonehillwhite Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

6. Stocks

	2025	2024
	£	£
Stock	114,443	108,372

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	5,655	16,792
Prepayments and accrued income	219	423
Corporation tax recoverable assets	8,412	-
VAT	11	-
Directors' loan accounts	24,923	113

	39,220	17,328

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	26,943	13,374
Bank loans and overdrafts	5,286	10,375
Corporation tax	32,852	24,943
VAT	-	14,535
Accruals and deferred income	4,155	3,383

	69,236	66,610

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	5,286
Fransen loan	135,000	-
Directors' loan account	-	49,680

	135,000	54,966

10. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due within one year or on demand:
Bank loans	5,286	10,375

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Bonehillwhite Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 November 2025

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	-	5,286
Other loans	135,000	-

	135,000	5,286

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
150 Ordinary Shares of £ 1.00 each	150	150
100 Ordinary B shares of £ 1.00 each	100	100

	250	250

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 December 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 November 2025
	£	£	£	£	£
Mrs Rebekah Evans	-	96,350	71,427	-	24,923
Mrs Denise McMahon	113	21,631	21,744	-	-

Beneficial loan interest has been charged at a the HMRC advisory rate of 2.25% for the whole year for Mrs R K Evans. The loans have been repaid in full year within nine months of the year end.

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