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COMPANY REGISTRATION NUMBER: 9636551
White Hart Property Limited
Filleted Financial Statements
31 December 2024
White Hart Property Limited
Statement of Financial Position
31 December 2024
2024
2023
Note
£
£
£
Fixed assets
Investments
5
2,548
–
Current assets
Stocks
7,357,500
7,530,000
Debtors
6
323
2,920
Cash at bank and in hand
2,252
15,255
------------
------------
7,360,075
7,548,175
Creditors: amounts falling due within one year
7
8,633,394
8,708,917
------------
------------
Net current liabilities
1,273,319
1,160,742
------------
------------
Total assets less current liabilities
( 1,270,771)
( 1,160,742)
------------
------------
Net liabilities
( 1,270,771)
( 1,160,742)
------------
------------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 1,270,871)
( 1,160,842)
------------
------------
Shareholders deficit
( 1,270,771)
( 1,160,742)
------------
------------
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 statement of comprehensive income has not been delivered.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:
R Pankhania
S Ladwa
Director
Director
Company registration number: 9636551
White Hart Property Limited
Notes to the Financial Statements
Year ended 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 173 Cleveland Street, London, W1T 6QR. The trading address of the company is Stanmore House, 15-19 Church Road, Stanmore, Middlesex, HA7 4AR.
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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company is dependent upon continuing financial support being made available by the shareholders to enable the company to continue in operation as a going concern and meet its liabilities as they fall due. In view of the above arrangement,there are no material uncertainties about the company's ability to continue for at least the next 12 months from the date of this report.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Turnover
Turnover comprises of rental income received during the period.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Stocks
Stock which comprises of development properties are valued at the lower of cost and estimated net realisable value. Stock includes principally the property cost, construction costs, project management costs and all associated costs incurred during the course of development. Net realisable value is the price at which the stock can be realised in the normal course of business, less further costs to completion of sale. Interest and loan arrangement fees payable to acquire and develop properties for resale is written off as incurred.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2023: 2 ).
5. Investments
Shares in group undertakings
Loans to group undertakings
Total
£
£
£
Cost
At 1 January 2024
–
–
–
Additions
13
2,535
2,548
----
-------
-------
At 31 December 2024
13
2,535
2,548
----
-------
-------
Impairment
At 1 January 2024 and 31 December 2024
–
–
–
----
-------
-------
Carrying amount
At 31 December 2024
13
2,535
2,548
----
-------
-------
At 31 December 2023
–
–
–
----
-------
-------
6. Debtors
2024
2023
£
£
Other debtors
323
2,920
----
-------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
3,052
2,906
Amounts owed to group undertakings and undertakings in which the company has a participating interest
8,496,246
8,601,246
Other creditors
134,096
104,765
------------
------------
8,633,394
8,708,917
------------
------------
8. Taxation
The company has estimated losses of £273,525 (2023: £273,525) available to be carried forward against future profits.
No provision for deferred tax has been made on the tax losses as the directors are unsure when sufficient income will be derived to use up the losses. Had a full provision been made, a deferred tax asset amounting to £68,381 (2023: £68,381) would have arisen.
9. Summary audit opinion
The auditor's report dated 29 September 2025 was unqualified .
The senior statutory auditor was Shammir Shah , for and on behalf of Chamberlains UK LLP .
10. Related party transactions
As the company is a wholly owned subsidiary of Bencameron Limited, the company has taken advantage of the exemption afforded by FRS 102 not to disclose transactions or balances with other wholly owned members of the group.
11. Controlling party
The company is a wholly owned subsidiary of Bencameron Limited , a company registered in the British Virgin Islands.