WHITE PROPERTIES HOLDING LIMITED


Directors	ANDERSSON, Tony William Andreas
	BRINCHMANN, Morten Fredrik


Registered Address	101 New Cavendish Street
	1st Floor South
	London
	W1W 6XH


Registered Number	14230895 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Investments	3		3,210,079		3,210,079
			3,210,079		3,210,079
Current assets
Debtors	4	1,749,027		882,027
Cash at bank and on hand		103,132		4,947
		1,852,159		886,974
Creditors amounts falling due within one year	5	(4,259,275)		(3,222,589)
Net current assets (liabilities)			(2,407,116)		(2,335,615)
Total assets less current liabilities			802,963		874,464
Net assets			802,963		874,464
Capital and reserves
Called up share capital			874,527		874,527
Profit and loss account			(71,564)		(63)
Shareholders' funds			802,963		874,464

The company was entitled to exemption from audit for this reporting period 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.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 18 August 2025, and are signed on its behalf by:

ANDERSSON, Tony William Andreas
Director
Registered Company No. 14230895

WHITE PROPERTIES HOLDING LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Cash and cash equivalents
	Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less.

Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	3		3

3.	Fixed asset investments
	Investment in group undertakings and participating interests

		Total
		£
	Cost or valuation
	At 01 January 24	3,210,079
	At 31 December 24	3,210,079
	Net book value
	At 31 December 24	3,210,079
	At 31 December 23	3,210,079

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Amounts owed by group undertakings	870,500	7,500
Other debtors	4,000	-
Called up share capital not paid, current asset	874,527	874,527
Total	1,749,027	882,027

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Amounts owed to related parties	1,758,230	1,633,230
Other creditors	2,499,045	1,589,359
Accrued liabilities and deferred income	2,000	-
Total	4,259,275	3,222,589