White & White Property Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06721987 (England and Wales)

Financial Statements

for the Year Ended 31 October 2025

for

WHITE & WHITE PROPERTY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr S White

Mrs L White

REGISTERED OFFICE:

20 Wroxton Road

London

SE15 2BN

REGISTERED NUMBER:

06721987 (England and Wales)

ACCOUNTANTS:

JLA Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Tangible assets

4

1,617

500

Investment property

5

1,405,587

970,000

1,407,204

970,500

CURRENT ASSETS

Cash at bank

80,818

143,130

CREDITORS

Amounts falling due within one year

6

495,403

132,380

NET CURRENT (LIABILITIES)/ASSETS

(414,585

)

10,750

TOTAL ASSETS LESS CURRENT
LIABILITIES

992,619

981,250

CREDITORS

Amounts falling due after more than one
year

7

(605,943

)

(605,943

)

PROVISIONS FOR LIABILITIES

9

(11,250

)

(11,250

)

NET ASSETS

375,426

364,057

CAPITAL AND RESERVES

Called up share capital

10

325,002

Non

distributable

reserves

33,750

Retained earnings

16,674

5,305

SHAREHOLDERS' FUNDS

375,426

364,057

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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 30 July 2026 and were signed on its behalf by:

Mr S White - Director

1.	STATUTORY INFORMATION

White & White Property 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, 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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

Straight line over 3 years

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 November 2024

549

3,387

3,936

Additions

-

2,100

At 31 October 2025

549

5,487

6,036

DEPRECIATION

At 1 November 2024

317

3,119

3,436

Charge for year

58

925

983

At 31 October 2025

375

4,044

4,419

NET BOOK VALUE

At 31 October 2025

174

1,443

1,617

At 31 October 2024

232

268

500

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

970,000

Additions

435,587

At 31 October 2025

1,405,587

NET BOOK VALUE

At 31 October 2025

1,405,587

At 31 October 2024

970,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2021

45,000

Cost

1,360,587

1,405,587

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

4,830

4,236

Tax

2,405

1,901

Other creditors

70,329

-

Directors' current accounts

413,601

122,005

Accruals and deferred income

4,238

495,403

132,380

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

Bank loans more 5 yrs non-inst

605,943

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

605,943

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

Bank loans

605,943

9.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

Deferred tax

11,250

Deferred

tax

£

Balance at 1 November 2024

11,250

Balance at 31 October 2025

11,250

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

325,002

Ordinary

£1

325,002

11.	RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the director an amount of £413,601 (2024: £122,005). The amount is interest free and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr S White.