Company registration number: 10492142
Annual report and unaudited financial statements
for the year ended 30 November 2025
for
Whathi Limited
Pages for filing with the Registrar
Company registration number: 10492142
Whathi Limited
Balance sheet
as at 30 November 2025
2025 2024
Note £ £ £ £
Fixed assets
Tangible assets 4 22,157,577 21,085,918
22,157,577 21,085,918
Current assets
Debtors 1,271,952 783,265
Cash at bank and in hand 37,345 25,555
1,309,297 808,820
Creditors: amounts falling due within one year
(1,797,379) (1,035,767)
Net current liabilities (488,082) (226,947)
Total assets less current liabilities 21,669,495 20,858,971
Creditors: Amounts falling due after more than one year
(6,527,743) (6,158,578)
NET ASSETS 15,141,752 14,700,393
Capital and reserves
Called up share capital 1,300 1,300
Share premium account 12,623,700 12,623,700
Profit and loss account 2,516,752 2,075,393
TOTAL EQUITY 15,141,752 14,700,393
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 November 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10492142
Whathi Limited
Balance sheet - continued
as at 30 November 2025
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Dr V Mittal, Director
14 August 2026
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Whathi Limited
Notes to the financial statements
for the year ended 30 November 2025
1 Company information
Whathi Limited is a private company registered in England and Wales. Its registered number is 10492142. The company is limited by shares. Its registered office is 45a Boundaries Road, London, London, SW12 8EU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - Freehold land and buildings are stated at cost less any accumulated impairment losses. Land is not depreciated. Buildings are not depreciated where the directors consider that their estimated residual value is not materially different from their carrying amount. The carrying values are reviewed for impairment where events or changes in circumstances indicate that the carrying amount may not be recoverable.






Long leasehold property -
Plant and machinery etc.:
Plant and machinery - 10% straight line
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Whathi Limited
Notes to the financial statements - continued
for the year ended 30 November 2025
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2024 - Nil).
4 Tangible fixed assets
Land and buildings
Plant and machinery etc.

Totals
£ £ £
Cost
At 1 December 2024 21,085,918 - 21,085,918
Additions 1,048,915 25,271 1,074,186
At 30 November 2025 22,134,833 25,271 22,160,104
Depreciation
Charge for year - 2,527 2,527
At 30 November 2025 - 2,527 2,527
Net book value
At 30 November 2025 22,134,833 22,744 22,157,577
At 30 November 2024 21,085,918 - 21,085,918
If ENTER REVALUED CLASS had not been revalued, it would have been included at the following historical cost:
2025 2024
£ £
Cost 18,639,955 21,085,918
Accumulated depreciation - -
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