Whiteley Publishing Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07496400 (England and Wales)

Whiteley Publishing Limited

Financial Statements for the Year Ended 30th June 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Prof M S Whiteley

REGISTERED OFFICE:

1 Stirling House

Stirling Road

Guildford

Surrey

GU2 7RF

REGISTERED NUMBER:

07496400 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

The Engine House

77 Station Road

Petersfield

Hampshire

GU32 3FQ

CURRENT ASSETS

Debtors

5

10,224

10,411

Cash at bank

7,647

8,651

17,871

19,062

CREDITORS

Amounts falling due within one year

6

22,958

22,556

NET CURRENT LIABILITIES

(5,087

)

(3,494

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,087

)

(3,494

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

(5,088

)

(3,495

)

SHAREHOLDERS' FUNDS

(5,087

)

(3,494

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27th March 2024 and were signed by:

Prof M S Whiteley - Director

1.	STATEMENT OF COMPLIANCE

Whiteley Publishing Limited is a private company, limited by shares, incorporated in England and Wales. The address of the registered office is 1 Stirling House, Stirling Road, Guildford, GU2 7RF. The registration number is 07496400.

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements have been prepared under the historical cost convention.

The director has confirmed that he will continue to support the company and to meet its liabilities as they fall due and as such the accounts have been prepared on a going concern basis.

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.

Computer equipment

-

33% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st July 2022

and 30th June 2023

1,303

DEPRECIATION

At 1st July 2022

and 30th June 2023

1,303

NET BOOK VALUE

At 30th June 2023

-

At 30th June 2022

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

224

411

Amounts owed by group undertakings

10,000

10,000

10,224

10,411

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

54

155

Directors' current accounts

20,000

20,000

Accruals and deferred income

2,904

2,401

22,958

22,556

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

£

£

1

Ordinary

1

1

1

8.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', not to disclose related party transactions with wholly subsidiaries within the group.