REGISTERED NUMBER: 10638141 (England and Wales)

LANKESTER WHITE SAFARIS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms J P Lankester

REGISTERED OFFICE:

Pitlands Farm

The Common

West Heath

Hampshire

RG26 5PY

REGISTERED NUMBER:

10638141 (England and Wales)

FIXED ASSETS

Tangible assets

4

5,956

4,009

CURRENT ASSETS

Debtors

5

280,988

237,229

Investments

6

152,498

-

Cash at bank

121,497

267,446

554,983

504,675

CREDITORS

Amounts falling due within one year

7

(520,630

)

(415,117

)

NET CURRENT ASSETS

34,353

89,558

TOTAL ASSETS LESS CURRENT LIABILITIES

40,309

93,567

CREDITORS

Amounts falling due after more than one year

8

-

(7,615

)

NET ASSETS

40,309

85,952

CAPITAL AND RESERVES

Called up share capital

30,000

30,000

Non-distributable reserves

9

1,799

-

Retained earnings

9

8,510

55,952

40,309

85,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 May 2026 and were signed by:

Ms J P Lankester - Director

1.	STATUTORY INFORMATION

Lankester White Safaris Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies' regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

Turnover

Turnover is recognised in the income statement on a departure date basis.

Deposits that are received from customers in advance of the date of departure are recognised within other creditors.

Tangible fixed assets

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

Website development costs - 25% on cost

Office equipment - 20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Other investments

Other investments are valued on an open market basis.

Financial assets

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities, which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Website

Office

development

equipment

costs

Totals

£

£

£

COST

At 1 March 2025

5,241

5,485

10,726

Additions

3,046

-

3,046

At 28 February 2026

8,287

5,485

13,772

DEPRECIATION

At 1 March 2025

1,232

5,485

6,717

Charge for year

1,099

-

1,099

At 28 February 2026

2,331

5,485

7,816

NET BOOK VALUE

At 28 February 2026

5,956

-

5,956

At 28 February 2025

4,009

-

4,009

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

280,988

237,229

6.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Other

152,498

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

7,619

10,000

Trade creditors

203

181

Taxation and social security

18,647

15,669

Other creditors

494,161

389,267

520,630

415,117

Other creditors includes £401,702 (2025: £329,162) of income relating to trips that depart after the year end.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

-

7,615

9.

RESERVES

Retained

Non-distributable

earnings

reserves

Totals

£

£

£

At 1 March 2025

55,952

-

55,952

Profit for the year

71,742

71,742

Dividends

(117,385

)

(117,385

)

Transfer

(1,799

)

1,799

-

At 28 February 2026

8,510

1,799

10,309

The transfer of £1,799 (2025 - £Nil) noted above relates to the unrealised net gain on the company's investments.