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Company Registration No. 12268918 (England and Wales)
WHITE INTENT HOLDINGS LTD
Financial Statements
for the Period from 01 November 2023 to 31 October 2024

WHITE INTENT HOLDINGS LTD

Financial Statements for the period ending 31 October 2024

WHITE INTENT HOLDINGS LTD

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

1. Statutory Information
WHITE INTENT HOLDINGS LTD is a private company, limited by shares, registered in England and Wales, registration number 12268918.
2. Accounting Policies
Basis of preparing the Financial Statements
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.Going concernThe directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net assets of £202,020. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Presentation Currency
The accounts are presented in £ sterling.
Turnover
Rental income from investment property leased out under operating leases is recognised in the statement of income and retained earnings on a straight-line basis over the term of the lease.

WHITE INTENT HOLDINGS LTD

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

Tangible Fixed Asset Policy
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line/reducing balance] basis over its expected useful life, as follows:Fixtures and fittings 5 years straight lineOffice equipment 5 years straight lineResidual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

WHITE INTENT HOLDINGS LTD

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

3. Employees
Average number of employees, including directors, during the year was as follows:
2024 2
2023 2
4. Principal Activity
The principal activity of the Company during the financial year was the development and letting of owned investment properties.

WHITE INTENT HOLDINGS LTD

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

5. Fixed Assets
Fixtures and Fittings Computer Equipment Total
Cost or valuation £ £ £
At 01/11/2023 9,133 364 9,497
Additions 572 - 572
At 31/10/2024 9,705 364 10,069
Depreciation
At 01/11/2023 3,858 197 4,055
Charge for the year 1,897 73 1,970
At 31/10/2024 5,755 270 6,025
Net Book Value
At 31/10/2024 3,950 94 4,044
At 31/10/2023 5,275 167 5,442

WHITE INTENT HOLDINGS LTD

Financial Statements for the period ending 31 October 2024

Notes to the Accounts

6. Investment Properties
2024 2023
£ £
Valuation at 01/11/2023 748,000 475,000
Additions - -
Disposals - -
Transfered (to)/from tangible fixed assets - -
Fair Value adjustments - 273,000
Valuation at 31/10/2024 748,000 748,000