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REGISTERED NUMBER: 04150428 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

EDWARD WHITE LIMITED

EDWARD WHITE LIMITED (REGISTERED NUMBER: 04150428)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

EDWARD WHITE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: G E White





SECRETARY: S A Eyvindsson





REGISTERED OFFICE: 313 Gilbert House
Barbican
London
EC2Y 8BD





REGISTERED NUMBER: 04150428 (England and Wales)





ACCOUNTANTS: LBCA Ltd
1 Waterside
Station Road
Harpenden
Hertfordshire
AL5 4US

EDWARD WHITE LIMITED (REGISTERED NUMBER: 04150428)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,843 5,004
Investment property 5 381,491 250,000
385,334 255,004

CURRENT ASSETS
Debtors 6 22,585 28,940
Cash at bank 41 44,050
22,626 72,990
CREDITORS
Amounts falling due within one year 7 61,677 49,949
NET CURRENT (LIABILITIES)/ASSETS (39,051 ) 23,041
TOTAL ASSETS LESS CURRENT
LIABILITIES

346,283

278,045

CREDITORS
Amounts falling due after more than one
year

8

(234,100

)

(187,521

)

PROVISIONS FOR LIABILITIES (29,549 ) (20,404 )
NET ASSETS 82,634 70,120

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 10 45,074 45,074
Retained earnings 37,460 24,946
SHAREHOLDERS' FUNDS 82,634 70,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 16 October 2024 and were signed by:



G E White - Director


EDWARD WHITE LIMITED (REGISTERED NUMBER: 04150428)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Edward White Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on reducing balance

Tangible fixed assets are included at cost less depreciation and impairment.

Investment property
Investment properties are initially recognised at cost which includes purchase price and attributable expenses. Investment properties whose fair value can be measured reliably are measured at fair value at each reporting date with changes in fair value recognised in profit and loss accumulated in the profit and loss reserve unless a deficit below original cost, or its reversal, on an individual property is expected to be permanent, in which case it is recognised in the profit and loss account for the year.

Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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 1 (2023 - 1 ) .

EDWARD WHITE LIMITED (REGISTERED NUMBER: 04150428)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST OR VALUATION
At 1 February 2023 36,306
Additions 224
Disposals (7,929 )
At 31 January 2024 28,601
DEPRECIATION
At 1 February 2023 31,302
Charge for year 1,377
Eliminated on disposal (7,921 )
At 31 January 2024 24,758
NET BOOK VALUE
At 31 January 2024 3,843
At 31 January 2023 5,004


5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2023 250,000
Additions 83,241
Fair value adjustment 48,250
At 31 January 2024 381,491
NET BOOK VALUE
At 31 January 2024 381,491
At 31 January 2023 250,000

Fair value at 31 January 2024 is represented by:
£   
Valuation in 2018 10,000
Valuation in 2019 5,000
Valuation in 2020 15,000
Valuation in 2021 5,000
Valuation in 2022 30,000
Valuation in 2024 48,250
Cost 268,241
381,491

The company revalued the properties based on information available to them and feel they represent the fair value at 31 January 2024.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 22,585 28,940

EDWARD WHITE LIMITED (REGISTERED NUMBER: 04150428)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security (174 ) (56 )
Other creditors 61,851 50,005
61,677 49,949

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 234,100 187,521

9. SECURED DEBTS

There are charges over properties held by the company

10. RESERVES
Fair
value
reserve
£   
At 1 February 2023
and 31 January 2024 45,074

11. RELATED PARTY DISCLOSURES

Included within other creditors in an amount owed to the director of £60,332 (2023: £48,770).

EDWARD WHITE LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
EDWARD WHITE LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






LBCA Ltd
1 Waterside
Station Road
Harpenden
Hertfordshire
AL5 4US


18 October 2024