01090829falsePlastic moulding and fabricating2016-01-012016-12-31http://www.companieshouse.gov.uk/2015-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2015-12-31http://www.companieshouse.gov.uk/cd:Director12016-01-012016-12-31http://www.companieshouse.gov.uk/pt:PlantMachinery2016-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2015-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2015-12-31http://www.companieshouse.gov.uk/pt:FurnitureFittings2016-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12016-01-012016-12-31http://www.companieshouse.gov.uk/pt:MotorCars2015-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2016-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2016-01-012016-12-31http://www.companieshouse.gov.uk/pt:MotorCars2016-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2016-01-012016-12-31http://www.companieshouse.gov.uk/2016-01-012016-12-31http://www.companieshouse.gov.uk/2015-12-31http://www.companieshouse.gov.uk/cd:FRS1022016-01-012016-12-31http://www.companieshouse.gov.uk/2016-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2016-01-012016-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2015-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2016-01-012016-12-31http://www.companieshouse.gov.uk/pt:LandBuildings2016-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 01090829
White Horse Plastics Ltd
ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 31/12/2016
Prepared By:
Gould & Mansford
Chartered Accountants
PO Box 151
Market Place
Wantage
Oxon
OX12 9ZN
White Horse Plastics Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/12/2016
DIRECTORS
R J Houghton
SECRETARY
D A Houghton
REGISTERED OFFICE
Unit 6 White Horse Bus Pk
Stanford in Vale
Faringdon
Oxon
SN7 7NY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 01090829
ACCOUNTANTS
Gould & Mansford
Chartered Accountants
PO Box 151
Market Place
Wantage
Oxon
OX12 9ZN
White Horse Plastics Ltd
ACCOUNTS
FOR THEYEARENDED31/12/2016
CONTENTS
Page
Directors' Report -
Accountants' Report -
Statement Of Comprehensive Income -
Balance Sheet 3
Notes To The Accounts 4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account -
Profit And Loss Account Summaries -
White Horse Plastics Ltd
BALANCE SHEET AT 31/12/2016
2016 2015
Notes £ £
FIXED ASSETS
Tangible assets 2 144,852 255,850
CURRENT ASSETS
Stock 159,839 165,637
Debtors 4 552,114 624,179
Cash at bank and in hand 1,104,739 1,092,721
1,816,692 1,882,537
CREDITORS: Amounts falling due within one year 5 370,951 522,815
NET CURRENT ASSETS 1,445,741 1,359,722
TOTAL ASSETS LESS CURRENT LIABILITIES 1,590,593 1,615,572
PROVISIONS FOR LIABILITIES AND CHARGES 7 10,616 2,808
NET ASSETS 1,579,977 1,612,764
CAPITAL AND RESERVES
Called up share capital 8 2,010 2,010
Other reserves 9 1,467 1,467
Profit and loss account 1,576,500 1,609,287
SHAREHOLDERS' FUNDS 1,579,977 1,612,764
For the year ending 31/12/2016 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 03/04/2017 and signed on their behalf by
.............................
R J Houghton
Director
White Horse Plastics Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2016
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. 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 0%
Plant and Machinery reducing balance 25%
Commercial Vehicles reducing balance 25%
Fixtures and Fittings reducing balance 15%
Equipment reducing balance 25%
1c. 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.
2. TANGIBLE FIXED ASSETS
Land And Plant and Fixtures
Buildings Machinery and Fittings Equipment Motor Cars Total
£ £ £ £ £ £
Cost
At 01/01/2016 153,908 1,246,550 157,684 39,459 5,380 1,602,981
Additions - 76,269 2,599 17,560 - 96,428
Disposals (153,908) - - - - (153,908)
At 31/12/2016 - 1,322,819 160,283 57,019 5,380 1,545,501
Depreciation
At 01/01/2016 8,218 1,179,929 147,252 6,352 5,380 1,347,131
Disposals (8,218) - - - - (8,218)
For the year - 44,627 7,461 9,648 - 61,736
At 31/12/2016 - 1,224,556 154,713 16,000 5,380 1,400,649
Net Book Amounts
At 31/12/2016 - 98,263 5,570 41,019 - 144,852
At 31/12/2015 145,690 66,621 10,432 33,107 - 255,850
White Horse Plastics Ltd
3. STOCK 2016 2015
£ £
Stock comprises:
Stocks & Work in progress 159,839 165,637
159,839 165,637
4. DEBTORS 2016 2015
£ £
Amounts falling due within one year
Trade debtors 483,751 599,093
Other debtors 35,000 -
Prepayments 33,363 25,086
552,114 624,179
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2016 2015
£ £
UK corporation tax 21,809 25,940
VAT 10,119 29,320
PAYE control 31,420 28,212
Directors current account 103,232 40,222
Hire purchase - 2,380
Trade creditors 129,063 248,648
Other creditors 75,308 148,093
370,951 522,815
6. EMPLOYEES
2016 2015
No. No.
Average number of employees 44 43
White Horse Plastics Ltd
7. PROVISIONS FOR LIABILITIES 2016 2015
£ £
Deferred taxation 10,616 2,808
10,616 2,808
8. SHARE CAPITAL 2016 2015
£ £
Allotted, issued and fully paid:
2010 Ordinary shares of £1 each 2010 2010
2,010 2,010
9. OTHER RESERVES 2016 2015
£ £
Other reserves 1,467 1,467
1,467 1,467
10. CONTROLLING PARTY
The Director is the controlling party by reason of his shareholding.

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