REGISTERED NUMBER: 06359378 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

White Recruitment Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L A Richards

J P Wilson

SECRETARY:

J P Wilson

REGISTERED OFFICE:

Ameiva House

Quartremaine Road

Portsmouth

Hampshire

PO3 5QP

REGISTERED NUMBER:

06359378 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

4

1,019,991

1,052,758

CURRENT ASSETS

Debtors

5

99,334

84,755

Cash at bank

86,507

116,717

185,841

201,472

CREDITORS

Amounts falling due within one year

6

313,659

269,765

NET CURRENT LIABILITIES

(127,818

)

(68,293

)

TOTAL ASSETS LESS CURRENT LIABILITIES

892,173

984,465

CREDITORS

Amounts falling due after more than one year

7

(881,489

)

(913,227

)

PROVISIONS FOR LIABILITIES

(9,637

)

(11,658

)

NET ASSETS

1,047

59,580

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

947

59,480

SHAREHOLDERS' FUNDS

1,047

59,580

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

L A Richards - Director

J P Wilson - Director

1.	STATUTORY INFORMATION

White Recruitment Ltd 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.

Freehold property

-

2% on cost

Improvements to property

-

2% on cost

Fixtures & fittings

-

20% on reducing balance

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.

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 28 (2024 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant &

Fixtures

property

property

machinery

& fittings

Totals

£

£

£

£

£

COST

At 1 January 2025

1,231,987

2,042

81,756

109,971

1,425,756

Additions

-

-

-

2,997

2,997

At 31 December 2025

1,231,987

2,042

81,756

112,968

1,428,753

DEPRECIATION

At 1 January 2025

227,522

381

58,611

86,484

372,998

Charge for year

24,640

41

5,786

5,297

35,764

At 31 December 2025

252,162

422

64,397

91,781

408,762

NET BOOK VALUE

At 31 December 2025

979,825

1,620

17,359

21,187

1,019,991

At 31 December 2024

1,004,465

1,661

23,145

23,487

1,052,758

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

72,623

72,610

Other debtors

26,711

12,145

99,334

84,755

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans and overdrafts

26,929

29,959

Trade creditors

42,207

6,066

Taxation and social security

141,092

136,712

Other creditors

103,431

97,028

313,659

269,765

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Bank loans

881,489

913,227

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

773,774

824,750

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

£

Bank loans

908,418

935,346

Royal Bank of Scotland plc created a floating charge over the assets of the company on 2 February 2016.

Royal Bank of Scotland plc created a charge over the land and buildings to the west of Dundas Lane, known as Ameiva House, Quartermaine Road, Portsmouth, PO3 5QP, on 13 April 2016.

Royal Bank of Scotland plc created a charge over the leasehold premises at Ameiva House, Quartermaine Road, Portsmouth, PO3 5QP, on 13 April 2016.

National Westminster Bank PLC created a charge over the property and undertaking of the company of 28 April 2022. This charge contains fixed and floating charges, and negative pledge.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr L A Richards and Mr J P Wilson.