010908292015-01-012015-12-31falsetruehttp://www.companieshouse.gov.uk/pt:PlantMachinery2014-12-31http://www.companieshouse.gov.uk/cd:Director12015-01-012015-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2014-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2015-01-012015-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-12-31http://www.companieshouse.gov.uk/pt:FixturesFittings2014-12-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-01-012015-12-31http://www.companieshouse.gov.uk/pt:MotorCars2014-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-01-012015-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12015-12-31http://www.companieshouse.gov.uk/pt:MotorCars2015-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2015-01-012015-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12014-12-31http://www.companieshouse.gov.uk/pt:FixturesFittings2015-01-012015-12-31http://www.companieshouse.gov.uk/pt:MotorCars2015-01-012015-12-31http://www.companieshouse.gov.uk/2014-01-012014-12-31http://www.companieshouse.gov.uk/2015-01-012015-12-31http://www.companieshouse.gov.uk/2014-12-31http://www.companieshouse.gov.uk/2015-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2014-12-31http://www.companieshouse.gov.uk/cd:EntityAccountantsOrAuditors2015-01-012015-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2015-12-31http://www.companieshouse.gov.uk/2014-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 01090829
White Horse Plastics Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/12/2015
Prepared By:
Gould & Mansford
Chartered Accountants
PO Box 151
Market Place
Wantage
Oxon
OX12 9ZN
White Horse Plastics Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/12/2015
INDEX TO THE ACCOUNTS
Abbreviated Balance Sheet 2
Notes to the Abbreviated Accounts 3
The company's registered number is 01090829
White Horse Plastics Ltd
Registered Number: 01090829
BALANCE SHEET AT 31/12/2015
2015 2014
Notes £ £
FIXED ASSETS
Tangible assets 2 255,850 242,356
CURRENT ASSETS
Stock 165,637 106,689
Debtors (amounts falling due within one year) 3 624,178 464,253
Cash at bank and in hand 1,092,721 1,091,888
1,882,536 1,662,830
CREDITORS: Amounts falling due within one year 522,815 437,250
NET CURRENT ASSETS 1,359,721 1,225,580
TOTAL ASSETS LESS CURRENT LIABILITIES 1,615,571 1,467,936
CREDITORS: Amounts falling due after more than one year 4 - 2,380
PROVISIONS FOR LIABILITIES 2,808 2,885
NET ASSETS 1,612,763 1,462,671
CAPITAL AND RESERVES
Called up share capital 5 2,010 2,010
Other reserves 1,467 1,467
Profit and loss account 1,609,286 1,459,194
SHAREHOLDERS' FUNDS 1,612,763 1,462,671
For the year ending 31/12/2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board on 09/08/2016 and signed on their behalf by
R J Houghton
Director
White Horse Plastics Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2015
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1b. Cash Flow Statement
The Company is exempt from including a statement of cash flows in its accounts in accordance with Financial Reporting Standard for Smaller Entities (effective January 2015).
1c. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Land And Buildings straight line 1%
Plant and Machinery reducing balance 25%
Commercial Vehicles reducing balance 25%
Fixtures and Fittings reducing balance 15%
Motor Cars reducing balance 25%
1d. Stocks
Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks.
1e. Taxation
Corporation tax payable is provided on taxable profits at the current rates.
Provision is made for deferred taxation in so far as a liability or asset has arisen as a result of transactions that had occurred by the balance sheet date and have given rise to an obligation to pay more tax in the future, or the right to pay less tax in the future. An asset has not been recognised to the extent that the transfer of economic benefits in the future is uncertain. Deferred tax assets and liabilities recognised have not been discounted.
1f. Pension Costs
The company operates a defined contribution pension scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
1g. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
White Horse Plastics Ltd
2. TANGIBLE FIXED ASSETS
Land And Plant and Commercial Fixtures
Buildings Machinery Vehicles and Fittings Motor Cars Total
£ £ £ £ £ £
Cost
At 01/01/2015 153,908 1,332,743 5,456 152,609 5,380 1,650,096
Additions - 28,267 34,003 5,075 - 67,345
Disposals - (114,460) - - - (114,460)
At 31/12/2015 153,908 1,246,550 39,459 157,684 5,380 1,602,981
Depreciation
At 01/01/2015 7,846 1,259,387 727 134,399 5,380 1,407,739
Disposals - (114,460) - - - (114,460)
For the year 372 35,002 5,625 12,853 - 53,852
At 31/12/2015 8,218 1,179,929 6,352 147,252 5,380 1,347,131
Net Book Amounts
At 31/12/2015 145,690 66,621 33,107 10,432 - 255,850
At 31/12/2014 146,062 73,356 4,729 18,210 - 242,357
3. DEBTORS 2015 2014
£ £
Amounts falling due within one year:
Trade debtors 599,092 458,612
Other debtors 25,086 5,641
624,178 464,253
4. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2015 2014
£ £
Other creditors - 2,380
- 2,380
Included in other creditors are:
Obligations under hire purchase - 2,380
White Horse Plastics Ltd
5. SHARE CAPITAL 2015 2014
£ £
Allotted, issued and fully paid:
2010 Ordinary shares of £1 each 2010 2010
2,010 2,010
6. RELATED PARTY TRANSACTIONS
The Company rents Buildings owned by a Company in which the Director has a 50% Share holding. The rent payable is charged at open market values.
7. CONTROLLING PARTY
The Director is the controlling party by reason of his shareholding.

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