Whitmarsh Holt Young Ltd Accounts






Whitmarsh Holt Young Ltd

	Company No. 03845660
		Information for Filing with The Registrar
		31 March 2025

The Directors present their report and the accounts for the year ended 31 March 2025.

Principal activities
The principal activity of the company during the year under review was employee trust.




Directors

The Directors who served at any time during the year were as follows:

D. Holt
D. Whitmarsh
J. Young







































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

D. Holt
Director
16 December 2025

at	31 March 2025
Company No.		03845660	Notes	2025	2024
				£	£
Fixed assets
	Intangible assets		4	68,000	68,000
	Tangible assets		5	1,000,000	1,000,000
	Investment property		6	-	-
	Investments		7	634,958	634,958
				1,702,958	1,702,958
Current assets

	Debtors		8	543,149	543,149

	Cash at bank and in hand			217,896	198,766
				761,045	741,915
Creditors: Amount falling due within one year			9	(442,843)	(449,508)
Net current assets				318,202	292,407
Total assets less current liabilities				2,021,160	1,995,365




Net assets				2,021,160	1,995,365

Capital and reserves
	Called up share capital			900	900

	Revaluation reserve		10	224,160	224,160

	Profit and loss account		10	1,796,100	1,770,305

Total equity				2,021,160	1,995,365



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

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

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

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 16 December 2025 and signed on its behalf by:
D. Holt
Director
16 December 2025

for the year ended 31 March 2025

General information

Whitmarsh Holt Young Ltd is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 03845660

Its registered office is:

40 Queen Anne Street

London

W1G 9EL

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Other operating income

Other operating income comprises rental income receivable from investment properties and is recognised on a straight line basis over the lease term. Other operating income is recognised to the extent that it is probable that the economic benefits will flow to the company and the income can be reliably measured. Other operating income is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Employee Benefit Trust

The Whitmarsh Holt Young Limited Employee benefit Trust was establish on 24th November 2010 to
acquire the shares of Whitmarsh Holt Young Limited and hold them for the benefit of the participants of the scheme (including directors). At 31st March 2025 the Trust held 100% of the ordinary share capital of the company.
The Whitmarsh Holt Young Limited No. 2 Employee Benefit Trust was established on 24th November
2010 as a discretionary trust, of which all employees of the company are potential beneficiaries. The trust was established facilitate satisfying employment obligations due to the beneficiaries of the scheme.
The results and net assets of the Whitmarsh Holt Young No. 2 Employee Benefit Trust are included in the financial statements of the company as the company is considered to control the employee benefit trust under FRS 102 Section 1A - small entities.
The actual financial results and net assets of the trust as at the year ended 31st March 2025 have not
been made available in time to prepare the financial accounts of the company, therefore the results and net assets for the previous year ended 31st March 2024 have been included.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

Investments

Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Provisions

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	3

4	Intangible fixed assets
			Other	Total
			£	£
		Cost
		At 1 April 2024	68,000	68,000


		At 31 March 2025	68,000	68,000
		Amortisation and impairment





		Net book values
		At 31 March 2025	68,000	68,000
		At 31 March 2024	68,000	68,000

5	Tangible fixed assets
			Land and buildings	Total
			£	£
		Cost or revaluation
		At 1 April 2024	1,000,000	1,000,000




		At 31 March 2025	1,000,000	1,000,000
		Depreciation






		Net book values
		At 31 March 2025	1,000,000	1,000,000
		At 31 March 2024	1,000,000	1,000,000

Investment property

Valuation

Investment property is carried at fair value determined by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the Profit and Loss Account.

Other assets held for investment are carried at fair value derived from current market values. No depreciation is provided. Changes in fair value are recognised in the Profit and Loss Account.

7	Investments
			Other investments	Total
			£	£
		Cost or valuation
		At 1 April 2024	634,958	634,958



		At 31 March 2025	634,958	634,958
		Provisions/Impairment





		Net book values
		At 31 March 2025	634,958	634,958
		At 31 March 2024	634,958	634,958

8	Debtors
			2025	2024
			£	£






		Other debtors	109,869	109,869
		Prepayments and accrued income	433,280	433,280
			543,149	543,149

9	Creditors:
		amounts falling due within one year
			2025	2024
			£	£




		Trade creditors	-	6,600

		Taxes and social security	-	(2,215)

		Other creditors	442,123	442,123
		Accruals and deferred income	720	3,000
			442,843	449,508

10	Reserves
			Revaluation Reserve	Total other reserves
			£	£
		At 1 April 2023	224,160	224,160



		At 31 March 2024 and 1 April 2024	224,160	224,160



		At 31 March 2025	224,160	224,160

		Revaluation reserve - reflects the revaluation of property .


		Profit and loss account - includes all current and prior period retained profits and losses.