Whitmore Productions Limited

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

Registered number: 03483381

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		803		1,355
Investments	5		472,348		449,017

			473,151		450,372
CURRENT ASSETS
Debtors	6	33,682		75,512
Cash at bank and in hand		1,795,308		1,852,352

		1,828,990		1,927,864
Creditors: Amounts Falling Due Within One Year	7	(6,885 )		(13,757 )

NET CURRENT ASSETS (LIABILITIES)			1,822,105		1,914,107

TOTAL ASSETS LESS CURRENT LIABILITIES			2,295,256		2,364,479

NET ASSETS			2,295,256		2,364,479

CAPITAL AND RESERVES
Called up share capital	8		2		2
Unrealised Fair Value Reserve			207,348		184,017
Income Statement			2,087,906		2,180,460

SHAREHOLDERS' FUNDS			2,295,256		2,364,479

For the 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.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr D J Whitmore

Director

19/12/2025

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

1. General Information

Whitmore Productions Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03483381 . The registered office is C/O Goldwyns London LLP, No.1 Royal Exchange, London, EC3V 3DG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts, value added taxes and other sales taxes.

2.4. Tangible Fixed Assets and Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor Vehicles	25% Straight line
Computer Equipment	25% Straight line

Tangible assets are initially recorded at cost and subsequently stated at cost less accumulated depreciation and impairment losses.

Investments - Listed

Investments in listed and unlisted company shares whose market value can be reliably determined are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. For unlisted investments where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

2.8. Financial Instruments

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

2.9. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

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Whitmore Productions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.10. Critical Accounting Judgements And Key Sources of Estimation Uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the year in which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are estimated based upon the expected values of the invoices which are issued and services received following the year end.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

4. Tangible Assets

	Motor Vehicles	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	3,600	2,209	5,809

As at 31 March 2025	3,600	2,209	5,809

Depreciation
As at 1 April 2024	3,600	854	4,454
Provided during the period	-	552	552

As at 31 March 2025	3,600	1,406	5,006

Net Book Value
As at 31 March 2025	-	803	803

As at 1 April 2024	-	1,355	1,355

5. Investments

	Listed
	£
Cost or Valuation
As at 1 April 2024	449,017
Revaluations	23,331

As at 31 March 2025	472,348

Provision
As at 1 April 2024	-

As at 31 March 2025	-

Net Book Value
As at 31 March 2025	472,348

As at 1 April 2024	449,017

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Whitmore Productions Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Prepayments and accrued income	3,728	1,882
Other debtors	2,990	2,990
Corporation tax recoverable	92	14,397
VAT	2,031	1,680
Director's loan account	-	9,263
Amounts owed by connected undertakings	24,841	45,300

	33,682	75,512

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,312	2,356
Other creditors	5,438	9,920
Taxation and social security	135	1,481

	6,885	13,757

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

The nominal value per share is £1 and as at the year end there are 2 Ordinary shares in issue.

9. Related Party Transactions

At the year end a director and shareholder of the company was owed £51 by the company. This loan is a current liability, the loan is interest free and is repayable on demand.

At the year end, Whitmore Eventing Ltd, a company related via common control and directorship owed the company £24,841. This amount is a current asset, interest free and repayable on demand.

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