REGISTERED NUMBER: 08654674 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Gilbert White Investments Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R R Pardal

REGISTERED OFFICE:

7-8 Castle Court

1 Brewhouse Lane

Putney

SW15 2JJ

REGISTERED NUMBER:

08654674 (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

1,318,776

1,276,034

CURRENT ASSETS

Debtors

5

2

1

Cash at bank

18,813

221,939

18,815

221,940

CREDITORS

Amounts falling due within one year

6

(441,694

)

(741,401

)

NET CURRENT LIABILITIES

(422,879

)

(519,461

)

TOTAL ASSETS LESS CURRENT LIABILITIES

895,897

756,573

PROVISIONS FOR LIABILITIES

(10,944

)

(7,101

)

NET ASSETS

884,953

749,472

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

7

71,404

28,404

Retained earnings

813,449

720,968

884,953

749,472

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 director acknowledges his 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 director and authorised for issue on 18 May 2026 and were signed by:

R R Pardal - Director

1.	STATUTORY INFORMATION

Gilbert White Investments 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 as modified by the revaluation of certain assets.

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.

Plant and machinery etc

-

25% on reducing balance

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 OR VALUATION

At 1 January 2025

1,275,000

25,000

1,300,000

Revaluations

43,000

-

43,000

At 31 December 2025

1,318,000

25,000

1,343,000

DEPRECIATION

At 1 January 2025

-

23,966

23,966

Charge for year

-

258

258

At 31 December 2025

-

24,224

24,224

NET BOOK VALUE

At 31 December 2025

1,318,000

776

1,318,776

At 31 December 2024

1,275,000

1,034

1,276,034

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Valuation in 2016

28,404

-

28,404

Valuation in 2026

43,000

-

43,000

Cost

1,246,596

25,000

1,271,596

1,318,000

25,000

1,343,000

If land and building had not been revalued it would have been included at the following historical cost:

31.12.25

31.12.24

£

£

Cost

1,246,596

-

Value of land in freehold land and buildings

124,596

-

Land and building was valued on as open market basis on 24 March 2026 by Crump Winter Chartered Surveyors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Other debtors

2

1

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade creditors

55

44

Amounts owed to group undertakings

406,545

706,545

Taxation and social security

32,194

32,062

Other creditors

2,900

2,750

441,694

741,401

7.

RESERVES

Revaluation

reserve

£

At 1 January 2025

28,404

Increase in valuation

43,000

At 31 December 2025

71,404

8.	RELATED PARTY DISCLOSURES

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

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

Gilbert White Limited

Latin Travel Limited

Eurowelcome Travel Spain S.L.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is R R Pardal.

The immediate parent company is Gilbert White Limited.