1 false false false false false false false false false false true false false false false true false No description of principal activity 2023-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 7,116 5,505 548 6,053 1,063 1,611 162,123 162,123 162,123 xbrli:pure xbrli:shares iso4217:GBP NI619419 2023-01-01 2023-12-31 NI619419 2023-12-31 NI619419 2022-12-31 NI619419 2021-12-31 2022-12-31 NI619419 2022-12-31 NI619419 2021-12-30 NI619419 core:FurnitureFittings 2023-01-01 2023-12-31 NI619419 bus:OrdinaryShareClass1 2023-01-01 2023-12-31 NI619419 bus:OrdinaryShareClass2 2023-01-01 2023-12-31 NI619419 bus:OrdinaryShareClass3 2023-01-01 2023-12-31 NI619419 bus:Director2 2023-01-01 2023-12-31 NI619419 core:FurnitureFittings 2022-12-31 NI619419 core:FurnitureFittings 2023-12-31 NI619419 core:WithinOneYear 2023-12-31 NI619419 core:WithinOneYear 2022-12-31 NI619419 core:ShareCapital 2023-12-31 NI619419 core:ShareCapital 2022-12-31 NI619419 core:RetainedEarningsAccumulatedLosses 2023-12-31 NI619419 core:RetainedEarningsAccumulatedLosses 2022-12-31 NI619419 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 NI619419 core:Non-currentFinancialInstruments 2023-12-31 NI619419 core:Non-currentFinancialInstruments 2022-12-31 NI619419 core:FurnitureFittings 2022-12-31 NI619419 bus:Director1 2023-01-01 2023-12-31 NI619419 bus:SmallEntities 2023-01-01 2023-12-31 NI619419 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 NI619419 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 NI619419 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI619419 bus:FullAccounts 2023-01-01 2023-12-31 NI619419 bus:OrdinaryShareClass1 2023-12-31 NI619419 bus:OrdinaryShareClass1 2022-12-31 NI619419 bus:OrdinaryShareClass2 2023-12-31 NI619419 bus:OrdinaryShareClass2 2022-12-31 NI619419 bus:OrdinaryShareClass3 2023-12-31 NI619419 bus:OrdinaryShareClass3 2022-12-31 NI619419 bus:AllOrdinaryShares 2023-12-31 NI619419 bus:AllOrdinaryShares 2022-12-31
COMPANY REGISTRATION NUMBER: NI619419
White Park Capital Partners Limited
Filleted Unaudited Financial Statements
31 December 2023
White Park Capital Partners Limited
Statement of Financial Position
31 December 2023
2023
2022
Note
£
£
£
Fixed assets
Tangible assets
5
1,063
1,611
Investments
6
162,123
162,123
---------
---------
163,186
163,734
Current assets
Debtors
7
23,230
15,821
Cash at bank and in hand
22,110
10,691
--------
--------
45,340
26,512
Creditors: amounts falling due within one year
8
24,596
40,702
--------
--------
Net current assets/(liabilities)
20,744
( 14,190)
---------
---------
Total assets less current liabilities
183,930
149,544
Provisions
Taxation including deferred tax
270
270
---------
---------
Net assets
183,660
149,274
---------
---------
Capital and reserves
Called up share capital
9
3
3
Profit and loss account
183,657
149,271
---------
---------
Shareholders funds
183,660
149,274
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
White Park Capital Partners Limited
Statement of Financial Position (continued)
31 December 2023
These financial statements were approved by the board of directors and authorised for issue on 22 October 2024 , and are signed on behalf of the board by:
Mr W Belford
Director
Company registration number: NI619419
White Park Capital Partners Limited
Notes to the Financial Statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11.02 47 Queens Square, Belfast, BT1 3FG, Northern Ireland.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
20% straight line
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 January 2023 and 31 December 2023
7,116
7,116
-------
-------
Depreciation
At 1 January 2023
5,505
5,505
Charge for the year
548
548
-------
-------
At 31 December 2023
6,053
6,053
-------
-------
Carrying amount
At 31 December 2023
1,063
1,063
-------
-------
At 31 December 2022
1,611
1,611
-------
-------
6. Investments
Other investments other than loans
£
Cost
At 1 January 2023 and 31 December 2023
162,123
---------
Impairment
At 1 January 2023 and 31 December 2023
---------
Carrying amount
At 31 December 2023
162,123
---------
At 31 December 2022
162,123
---------
7. Debtors
2023
2022
£
£
Amounts owed by group undertakings and undertakings in which the company has a participating interest
14,575
14,166
Other debtors
8,655
1,655
--------
--------
23,230
15,821
--------
--------
8. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
24,596
40,702
--------
--------
9. Called up share capital
Issued, called up and fully paid
2023
2022
No.
£
No.
£
Ordinary shares of £ 1 each
1
1
1
1
Preference A shares of £ 1 each
1
1
1
1
Preference B shares of £ 1 each
1
1
1
1
----
----
----
----
3
3
3
3
----
----
----
----
On the 26 November 2014, 1 redeemable preference share was issued at par.
10. Related party transactions
The company was under the control of Mr William Belford throughout the current and previous period. Mr William Belford is the managing director. No transactions with related parties were undertaken such as are required to be disclosed under FRS102.
11. Controlling party
The company is a private company, limited by shares. It is registered in Northern Ireland with its registered office at 11.02 47 Queens Square, Belfast, Northern Ireland, BT1 3FG.