Registration number: 11901083

White Pearl Capital Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

White Pearl Capital Limited

Company Information

Director

K A Baggette

Registered office

North House Braeside Business Park Sterte Avenue West Poole Dorset BH15 2BX

Accountants

Addicus Plus Limited Chartered Certified Accountants4 The Axium Centre Dorchester Road Lytchett Minster Poole Dorset BH16 6FE

White Pearl Capital Limited

(Registration number: 11901083)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Debtors	4	1,661,900	1,810,795
Current assets
Debtors	4	542,480	2,083,223
Cash at bank and in hand		506,778	1,449,111
		1,049,258	3,532,334
Creditors: Amounts falling due within one year	5	(32,686)	(50,149)
Net current assets		1,016,572	3,482,185
Net assets		2,678,472	5,292,980
Capital and reserves
Called up share capital		25,000	25,000
Retained earnings		2,653,472	5,267,980
Shareholders' funds		2,678,472	5,292,980

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

White Pearl Capital Limited

(Registration number: 11901083)
Balance Sheet as at 31 March 2025

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 December 2025
 

K A Baggette Director

White Pearl Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
North House Braeside Business Park
Sterte Avenue West
Poole
Dorset
BH15 2BX

These financial statements were authorised for issue by the director on 9 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

White Pearl Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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 taxable income.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2024 - 1).

4

Debtors

Current	Note	2025 £	2024 £
Amounts owed by related parties	6	539,351	2,067,487
Other debtors		3,129	15,736
		542,480	2,083,223

Non-current	2025 £	2024 £
Loans receivable	1,661,900	1,810,795
	1,661,900	1,810,795

White Pearl Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade creditors	-	558
Taxation and social security	6,555	23,460
Accruals	2,400	2,400
Other creditors	23,731	23,731
	32,686	50,149

6	Related party transactions

Transactions with the director

2025	At 1 April 2024 £	Repayments by director £	At 31 March 2025 £
K A Baggette
Directors current account	1,503,536	(1,503,536)	-

2024	At 1 April 2023 £	Advances to director £	At 31 March 2024 £
K A Baggette
Directors current account	37,520	1,466,016	1,503,536

White Pearl Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Loans to related parties

2025	Other related parties £	Total £
At start of period	563,951	563,951
Repaid	(24,600)	(24,600)
At end of period	539,351	539,351

2024	Other related parties £	Total £
At start of period	406,252	406,252
Advanced	255,199	255,199
Repaid	(97,500)	(97,500)
At end of period	563,951	563,951

Terms of loans to related parties

The company has provided a loan to an entity under common control. The loan is interest-free and repayable on demand.