REGISTERED NUMBER: 00386096 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Gilbert White Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A E L Pardal

C I Pardal

R R Pardal

SECRETARY:

R R Pardal

REGISTERED OFFICE:

7-8 Castle Court

1 Brewhouse Lane

Putney

SW15 2JJ

REGISTERED NUMBER:

00386096 (England and Wales)

ACCOUNTANTS:

City, Chartered Accountants

Suite 540, 5th Floor,

Linen Hall

162- 168 Regent Street

London

W1B 5TF

FIXED ASSETS

Tangible assets

4

-

270,837

Investments

5

100

100

100

270,937

CURRENT ASSETS

Debtors

6

449,920

713,594

Cash at bank

1,874,391

211,312

2,324,311

924,906

CREDITORS

Amounts falling due within one year

7

(169,505

)

(72,752

)

NET CURRENT ASSETS

2,154,806

852,154

TOTAL ASSETS LESS CURRENT LIABILITIES

2,154,906

1,123,091

PROVISIONS FOR LIABILITIES

-

(27

)

NET ASSETS

2,154,906

1,123,064

CAPITAL AND RESERVES

Called up share capital

3,000

3,000

Retained earnings

2,151,906

1,120,064

2,154,906

1,123,064

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2026 and were signed on its behalf by:

R R Pardal - Director

1.	STATUTORY INFORMATION

Gilbert White Limited 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

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

Tangible fixed assets

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

Land and buildings

-

over period of unexpired lease years

Plant and machinery etc

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2025

305,728

1,893

307,621

Disposals

(305,728

)

(1,893

)

(307,621

)

At 31 December 2025

-

-

-

DEPRECIATION

At 1 January 2025

35,002

1,782

36,784

Eliminated on disposal

(35,002

)

(1,782

)

(36,784

)

At 31 December 2025

-

-

-

NET BOOK VALUE

At 31 December 2025

-

-

-

At 31 December 2024

270,726

111

270,837

The leasehold property was sold on 17th January 2025.

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

100

NET BOOK VALUE

At 31 December 2025

100

At 31 December 2024

100

The company owned 100% of the share capital of Gilbert White Investments Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

-

3,209

Amounts owed by group undertakings

406,545

706,545

Other debtors

43,375

3,840

449,920

713,594

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

41

19,803

Taxation and social security

161,664

13,352

Other creditors

7,800

39,597

169,505

72,752

8.	RELATED PARTY DISCLOSURES

At the year end, Gilbert White Investments Limited, owed the company £406,545 (2024: £706,545).

The group has taken the exemption available to not disclose transactions within the year between wholly owned subsidiaries.

Trading Associated Companies under the control of R R Pardal at the year end are:-

Gilbert White Investments Limited

Latin Travel Limited

Eurowelcome Travel Spain S.L.

9.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.