ACCOUNTS - Final Accounts

Creditors: Amounts falling due within one year

As restated

Company registration number: 12339845

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2024

	WHITEPRESS PUBLISHING LIMITED


WHITEPRESS PUBLISHING LIMITED

COMPANY INFORMATION

Director	A Fiszer-Bucka


Registered number	12339845


Registered office	590 Kingston Road
	London
	SW20 8DN


Independent auditor	Menzies LLP
	Chartered Accountants & Statutory Auditor
	Magna House
	2nd Floor, 18-32 London Road
	Staines
	Surrey
	TW18 4BP


WHITEPRESS PUBLISHING LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 4


WHITEPRESS PUBLISHING LIMITED REGISTERED NUMBER:12339845

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	558,633		611,567
Cash at bank and in hand		145,516		214,792
		704,149		826,359
Creditors: amounts falling due within one year	5	(852,089)		(909,343)
Net current liabilities			(147,940)		(82,984)
Total assets less current liabilities			(147,940)		(82,984)

Net liabilities			(147,940)		(82,984)

Capital and reserves
Called up share capital	100	100
Profit and loss account	(148,040)	(83,084)
	(147,940)	(82,984)

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A Fiszer-Bucka

Director

Date: 24 September 2025

The notes on pages 2 to 4 form part of these financial statements.

Page 1


WHITEPRESS PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

WhitePress Publishing Limited is a private company, limited by shares, incorporated and domiciled in England and Wales. The address of the registered office and principal place of business is disclosed on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

2.2

Going concern

The company incurred a loss of £64,956 (2023: £30,590) in the year and had a net liability position of £147,940 (2023: £82,984) at the year end. The company is able to meet its operational costs and liabilities through the utilisation of its cash resources and the continued support from its parent company.
Whitepress sp. z.o.o (“Whitepress”), the company’s parent, has confirmed that it will continue to provide such financial resources, if required, for the company to meet its financial commitments as they fall due for at least twelve months from the date of approval of these financial statements.
The directors are also not aware of any likely events, conditions or business risks beyond this period that may cast significant doubt on the company's ability to continue as a going concern. Accordingly, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future and so continue to prepare these financial statements on the going concern basis.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured.
The company facilitates content marketing services by providing an automated platform designed to empower users to publish articles across various global portals. This platform streamlines the publishing process, making it accessible for users to reach a wider audience. Revenue is recognized at the moment a customer verifies that their article has been successfully published on the specified portal, indicating that the service has been delivered as promised.

Page 2


WHITEPRESS PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The Company has no employees other than 2 directors (2023: 2).

Debtors

					2024	2023
					£	£


Trade debtors	246,267	308,795
Amounts owed by group undertakings	198,854	97,223
Prepayments and accrued income	113,512	205,549
	558,633	611,567

Page 3


WHITEPRESS PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Other loans	19,961	19,961
Trade creditors	38,146	8,700
Amounts owed to group undertakings	407,379	536,800
Other taxation and social security	7,724	6,921
Other creditors	19,051	109,746
Accruals and deferred income	359,828	227,215
	852,089	909,343

The prior year financial statements included a bank overdraft balance which has been restated from £14,680 to Nil after a reclassification of £14,680. The prior year other creditors have been restated from £95,066 to £109,746 after the reclassification of £14,680.

6.	Controlling party

RTB House S.A., a company incorporated in Poland, is the parent company of the smallest group for which consolidated financial statements are drawn up of which the company is a member. The address of their registered office is Ulica Zlota 61/101, Warsaw 00-819, Poland.

7.	Auditor's information

The auditor's report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 25 September 2025 by Sophie Said FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

Page 4