White Acre Investments Limited 31/05/2025 iXBRL

Company registration number: 07912224

White Acre Investments Limited

Trading as White Acre Investments Ltd

Unaudited filleted financial statements

31 May 2025

White Acre Investments Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

White Acre Investments Limited

Directors and other information


	Directors	Mrs N M Whittaker
		Mr C L Whittaker


	Company number	07912224


	Registered office	83 Upper St. John Street
		Lichfield
		Staffordshire
		WS14 9DT


	Business address	Porchways House
		83 Upper St John Street
		Lichfield
		Staffordshire
		WS14 9DT


	Accountants	Simmers & Co
		Albany Chambers
		Albany Street
		Oban
		PA34 4AL

White Acre Investments Limited

Report to the board of directors on the preparation of the

unaudited statutory financial statements of White Acre Investments Limited

Year ended 31 May 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of White Acre Investments Limited for the year ended 31 May 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS , we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the board of directors of White Acre Investments Limited, as a body, in accordance with the terms of our engagement letter dated 15 February 2018. Our work has been undertaken solely to prepare for your approval the financial statements of White Acre Investments Limited and state those matters that we have agreed to state to the board of directors of White Acre Investments Limited as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than White Acre Investments Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that White Acre Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of White Acre Investments Limited. You consider that White Acre Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of White Acre Investments Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Simmers & Co

Chartered Accountants

Albany Chambers

Albany Street

Oban

PA34 4AL

4 September 2025

White Acre Investments Limited

Statement of financial position

31 May 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	4	450,000		254,890
Investments	5	71,704		71,704
		_______		_______
			521,704		326,594

Current assets
Debtors	6	47,989		50,049
Cash at bank and in hand		95		1,920
		_______		_______
		48,084		51,969
Creditors: amounts falling due
within one year	7	( 41,815)		( 44,994)
		_______		_______
Net current assets			6,269		6,975
			_______		_______
Total assets less current liabilities			527,973		333,569

Creditors: amounts falling due
after more than one year	8		-		( 30,500)
			_______		_______
Net assets			527,973		303,069
			_______		_______

Capital and reserves
Called up share capital			100		100
Revaluation reserve			195,110		-
Profit and loss account			332,763		302,969
			_______		_______
Shareholders funds			527,973		303,069
			_______		_______

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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.

These financial statements were approved by the board of directors and authorised for issue on 04 September 2025 , and are signed on behalf of the board by:

Mrs N M Whittaker Mr C L Whittaker

Director Director

Company registration number: 07912224

White Acre Investments Limited

Statement of changes in equity

Year ended 31 May 2025

	Called up share capital	Revaluation reserve	Profit and loss account	Total
	£	£	£	£


At 1 February 2023	100	-	291,727	291,827

Profit for the year			68,842	68,842
	_______	_______	_______	_______
Total comprehensive income for the year	-	-	68,842	68,842

Dividends paid and payable			( 57,600)	( 57,600)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 57,600)	( 57,600)

	_______	_______	_______	_______
At 31 May 2024 and 1 February 2024	100	-	302,969	303,069

Profit for the year			103,944	103,944
Other comprehensive income for the year:
Revaluation of tangible assets		195,110		195,110
	_______	_______	_______	_______
Total comprehensive income for the year	-	195,110	103,944	299,054

Dividends paid and payable			( 74,150)	( 74,150)
	_______	_______	_______	_______
Total investments by and distributions to owners	-	-	( 74,150)	( 74,150)

	_______	_______	_______	_______
At 31 May 2025	100	195,110	332,763	527,973
	_______	_______	_______	_______

White Acre Investments Limited

Notes to the financial statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Porchways House, 83 Upper St. John Street, Lichfield, Staffordshire, WS14 9DT.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

tangible assets are initially recorded at cost, and are 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 capital and reserves, 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 capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves 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:

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Fixed asset 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

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. 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 are largely independent of the cash inflows from other assets or groups of assets.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4. Tangible assets

	Freehold property	Investment properties	Total
	£	£	£
Cost or valuation
At 1 February 2024	254,890	-	254,890
Revaluation	195,110	-	195,110
Transfers	( 450,000)	450,000	-
	_______	_______	_______
At 31 May 2025	-	450,000	450,000
	_______	_______	_______
Depreciation
At 1 February 2024 and 31 May 2025	-	-	-
	_______	_______	_______
Carrying amount
At 31 May 2025	-	450,000	450,000
	_______	_______	_______
At 31 May 2024	254,890	-	254,890
	_______	_______	_______

The company's sole asset, Porchways House, was recognised as an investment property and revalued at £450,000 which the directors feel is an appropriate current market value.

5. Investments

	Shares in group undertakings and participating interests	Total
	£	£
Cost
At 1 February 2024 and 31 May 2025	71,704	71,704
	_______	_______
Impairment
At 1 February 2024 and 31 May 2025	-	-
	_______	_______
Carrying amount
At 31 May 2025	71,704	71,704
	_______	_______
At 31 May 2024	71,704	71,704
	_______	_______

Subsidiaries and other investments The company owns 100 ordinary shares of £1, 100% of the share capital of Pure Beauty On Line Services Limited registration number 06599980, whose registered office and place of business is Porchways House, 83 Upper St. John Street, Lichfield, Stafforshire, WS14 9DT. The results of for the year ended 31 May 2025 are a deficit before taxation of £14,478 and net liabilities of £15,908. The Company has taken advantage of the exemption available to small groups to not produce consolidated accounts

6. Debtors

	2025	2024
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	47,828	49,732
Other debtors	161	317
	_______	_______
	47,989	50,049
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	17,877	14,806
Other creditors	23,938	30,188
	_______	_______
	41,815	44,994
	_______	_______

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	-	30,500
	_______	_______

9. Directors advances, credits and guarantees

	Balance brought forward and o/standing	Balance brought forward and o/standing
	2025	2024
	£	£
Mrs N M Whittaker	684	684
	_______	_______