2025-01-01 2026-02-28 2026-02-28 false 11541726 WHITE FX LTD 2026-07-07 false iso4217:GBP xbrli:pure 11541726 2024-12-31 11541726 2026-02-28 11541726 2025-01-01 2026-02-28 11541726 2023-12-31 11541726 2024-12-31 11541726 2024-01-01 2024-12-31 11541726 bus:SmallEntities 2025-01-01 2026-02-28 11541726 bus:AuditExempt-NoAccountantsReport 2025-01-01 2026-02-28 11541726 bus:FullAccounts 2025-01-01 2026-02-28 11541726 bus:PrivateLimitedCompanyLtd 2025-01-01 2026-02-28 11541726 core:WithinOneYear 2026-02-28 11541726 core:AfterOneYear 2026-02-28 11541726 core:WithinOneYear 2024-12-31 11541726 core:AfterOneYear 2024-12-31 11541726 core:ShareCapital 2026-02-28 11541726 core:SharePremium 2026-02-28 11541726 core:RevaluationReserve 2026-02-28 11541726 core:OtherReservesSubtotal 2026-02-28 11541726 core:RetainedEarningsAccumulatedLosses 2026-02-28 11541726 core:ShareCapital 2024-12-31 11541726 core:SharePremium 2024-12-31 11541726 core:RevaluationReserve 2024-12-31 11541726 core:OtherReservesSubtotal 2024-12-31 11541726 core:RetainedEarningsAccumulatedLosses 2024-12-31 11541726 core:LandBuildings 2026-02-28 11541726 core:PlantMachinery 2026-02-28 11541726 core:Vehicles 2026-02-28 11541726 core:FurnitureFittings 2026-02-28 11541726 core:OfficeEquipment 2026-02-28 11541726 core:NetGoodwill 2026-02-28 11541726 core:IntangibleAssetsOtherThanGoodwill 2026-02-28 11541726 core:ListedExchangeTraded 2026-02-28 11541726 core:UnlistedNon-exchangeTraded 2026-02-28 11541726 core:LandBuildings 2024-12-31 11541726 core:PlantMachinery 2024-12-31 11541726 core:Vehicles 2024-12-31 11541726 core:FurnitureFittings 2024-12-31 11541726 core:OfficeEquipment 2024-12-31 11541726 core:NetGoodwill 2024-12-31 11541726 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 11541726 core:ListedExchangeTraded 2024-12-31 11541726 core:UnlistedNon-exchangeTraded 2024-12-31 11541726 core:LandBuildings 2025-01-01 2026-02-28 11541726 core:PlantMachinery 2025-01-01 2026-02-28 11541726 core:Vehicles 2025-01-01 2026-02-28 11541726 core:FurnitureFittings 2025-01-01 2026-02-28 11541726 core:OfficeEquipment 2025-01-01 2026-02-28 11541726 core:NetGoodwill 2025-01-01 2026-02-28 11541726 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2026-02-28 11541726 core:ListedExchangeTraded 2025-01-01 2026-02-28 11541726 core:UnlistedNon-exchangeTraded 2025-01-01 2026-02-28 11541726 core:MoreThanFiveYears 2025-01-01 2026-02-28 11541726 core:Non-currentFinancialInstruments 2026-02-28 11541726 core:Non-currentFinancialInstruments 2024-12-31 11541726 dpl:CostSales 2025-01-01 2026-02-28 11541726 dpl:DistributionCosts 2025-01-01 2026-02-28 11541726 core:LandBuildings 2025-01-01 2026-02-28 11541726 core:PlantMachinery 2025-01-01 2026-02-28 11541726 core:Vehicles 2025-01-01 2026-02-28 11541726 core:FurnitureFittings 2025-01-01 2026-02-28 11541726 core:OfficeEquipment 2025-01-01 2026-02-28 11541726 dpl:AdministrativeExpenses 2025-01-01 2026-02-28 11541726 core:NetGoodwill 2025-01-01 2026-02-28 11541726 core:IntangibleAssetsOtherThanGoodwill 2025-01-01 2026-02-28 11541726 dpl:GroupUndertakings 2025-01-01 2026-02-28 11541726 dpl:ParticipatingInterests 2025-01-01 2026-02-28 11541726 dpl:GroupUndertakings core:ListedExchangeTraded 2025-01-01 2026-02-28 11541726 core:ListedExchangeTraded 2025-01-01 2026-02-28 11541726 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2025-01-01 2026-02-28 11541726 core:UnlistedNon-exchangeTraded 2025-01-01 2026-02-28 11541726 dpl:CostSales 2024-01-01 2024-12-31 11541726 dpl:DistributionCosts 2024-01-01 2024-12-31 11541726 core:LandBuildings 2024-01-01 2024-12-31 11541726 core:PlantMachinery 2024-01-01 2024-12-31 11541726 core:Vehicles 2024-01-01 2024-12-31 11541726 core:FurnitureFittings 2024-01-01 2024-12-31 11541726 core:OfficeEquipment 2024-01-01 2024-12-31 11541726 dpl:AdministrativeExpenses 2024-01-01 2024-12-31 11541726 core:NetGoodwill 2024-01-01 2024-12-31 11541726 core:IntangibleAssetsOtherThanGoodwill 2024-01-01 2024-12-31 11541726 dpl:GroupUndertakings 2024-01-01 2024-12-31 11541726 dpl:ParticipatingInterests 2024-01-01 2024-12-31 11541726 dpl:GroupUndertakings core:ListedExchangeTraded 2024-01-01 2024-12-31 11541726 core:ListedExchangeTraded 2024-01-01 2024-12-31 11541726 dpl:GroupUndertakings core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 11541726 core:UnlistedNon-exchangeTraded 2024-01-01 2024-12-31 11541726 core:NetGoodwill 2026-02-28 11541726 core:IntangibleAssetsOtherThanGoodwill 2026-02-28 11541726 core:LandBuildings 2026-02-28 11541726 core:PlantMachinery 2026-02-28 11541726 core:Vehicles 2026-02-28 11541726 core:FurnitureFittings 2026-02-28 11541726 core:OfficeEquipment 2026-02-28 11541726 core:AfterOneYear 2026-02-28 11541726 core:WithinOneYear 2026-02-28 11541726 core:ListedExchangeTraded 2026-02-28 11541726 core:UnlistedNon-exchangeTraded 2026-02-28 11541726 core:ShareCapital 2026-02-28 11541726 core:SharePremium 2026-02-28 11541726 core:RevaluationReserve 2026-02-28 11541726 core:OtherReservesSubtotal 2026-02-28 11541726 core:RetainedEarningsAccumulatedLosses 2026-02-28 11541726 core:NetGoodwill 2024-12-31 11541726 core:IntangibleAssetsOtherThanGoodwill 2024-12-31 11541726 core:LandBuildings 2024-12-31 11541726 core:PlantMachinery 2024-12-31 11541726 core:Vehicles 2024-12-31 11541726 core:FurnitureFittings 2024-12-31 11541726 core:OfficeEquipment 2024-12-31 11541726 core:AfterOneYear 2024-12-31 11541726 core:WithinOneYear 2024-12-31 11541726 core:ListedExchangeTraded 2024-12-31 11541726 core:UnlistedNon-exchangeTraded 2024-12-31 11541726 core:ShareCapital 2024-12-31 11541726 core:SharePremium 2024-12-31 11541726 core:RevaluationReserve 2024-12-31 11541726 core:OtherReservesSubtotal 2024-12-31 11541726 core:RetainedEarningsAccumulatedLosses 2024-12-31 11541726 core:NetGoodwill 2023-12-31 11541726 core:IntangibleAssetsOtherThanGoodwill 2023-12-31 11541726 core:LandBuildings 2023-12-31 11541726 core:PlantMachinery 2023-12-31 11541726 core:Vehicles 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core:Non-currentFinancialInstruments core:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments 2024-12-31 11541726 core:Non-currentFinancialInstruments core:ImpairmentLossReversalProvisionsForImpairmentInvestments 2024-12-31 11541726 core:Non-currentFinancialInstruments core:AcquisitionsIncreaseInProvisionsForImpairmentInvestments 2024-12-31 11541726 core:Non-currentFinancialInstruments core:DisposalsDecreaseInProvisionsForImpairmentInvestments 2024-12-31 11541726 core:Non-currentFinancialInstruments core:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments 2024-12-31 11541726 bus:Director1 2025-01-01 2026-02-28

WHITE FX LTD

Registered Number
11541726
(England and Wales)

Unaudited Financial Statements for the Period ended
28 February 2026

WHITE FX LTD
Company Information
for the period from 1 January 2025 to 28 February 2026

Director | WHITE, Benjamen James

Registered Address | 6 Edison Village
| Nottingham Science & Technology Park
| Nottingham
| NG7 2RF

Registered Number | 11541726 (England and Wales)

WHITE FX LTD
Balance Sheet as at
28 February 2026

| Notes | 28 Feb 2026 |  | 31 Dec 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Fixed assets |  |  |  |  |  |  |  |
Intangible assets | 3 |  |  | 21,730 |  |  |  | -
Tangible assets | 4 |  |  | 84,496 |  |  |  | 3,416
Investments | 5 |  |  | 95,909 |  |  |  | 71,701
|  |  |  | 202,135 |  |  |  | 75,117
Current assets |  |  |  |  |  |  |  |
Debtors | 6 | 7,340 |  |  |  | 19,340 |  |
Cash at bank and on hand |  | 231,477 |  |  |  | 121,858 |  |
|  | 238,817 |  |  |  | 141,198 |  |
Creditors amounts falling due within one year | 7 | (87,492) |  |  |  | (44,907) |  |
Net current assets (liabilities) |  |  |  | 151,325 |  |  |  | 96,291
Total assets less current liabilities |  |  |  | 353,460 |  |  |  | 171,408
Creditors amounts falling due after one year | 8 |  |  | (49,163) |  |  |  | (31,730)
Provisions for liabilities | 10 |  |  | (18,650) |  |  |  | (2,165)
Net assets |  |  |  | 285,647 |  |  |  | 137,513
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 1 |  |  |  | 1
Other reserves |  |  |  | 11,065 |  |  |  | 6,463
Profit and loss account |  |  |  | 274,581 |  |  |  | 131,049
Shareholders' funds |  |  |  | 285,647 |  |  |  | 137,513

- The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
- 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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
- The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 7 July 2026, and are signed on its behalf by:
WHITE, Benjamen James Director Registered Company No. 11541726

WHITE FX LTD
Notes to the Financial Statements
for the period ended 28 February 2026

1. | Accounting policies
--- | ---

| Statutory information
--- | ---
| The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Statement of compliance
--- | ---
| The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

| Basis of preparation
--- | ---
| The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

| Functional and presentation currency
--- | ---
| The financial statements are presented in sterling and this is the functional currency of the company.

| Revenue from sale of goods
--- | ---
| Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

| Revenue from rendering of services
--- | ---
| Revenue from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

| Interest income
--- | ---
| Interest income is recognised using the effective interest rate method.

| Foreign currency translation
--- | ---
| Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

| Current taxation
--- | ---
| Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.

| Deferred tax
--- | ---
| Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

| Goodwill
--- | ---
| Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

| Tangible fixed assets and depreciation
--- | ---
| All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

|  | Reducing balance (%) |  | Straight line (years)
| Vehicles | 25 |  | -
| Office Equipment | - |  | 4

| Investments
--- | ---
| Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

| Trade and other debtors
--- | ---
| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

| Trade and other creditors
--- | ---
| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2. | Average number of employees
--- | ---

|  | 2026 |  | 2024
| Average number of employees during the year | 3 |  | 1

3. | Intangible assets
--- | ---

|  | Goodwill |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| Additions | 24,600 |  | 24,600
| At 28 February 26 | 24,600 |  | 24,600
| Amortisation and impairment
| Charge for year | 2,870 |  | 2,870
| At 28 February 26 | 2,870 |  | 2,870
| Net book value
| At 28 February 26 | 21,730 |  | 21,730
| At 31 December 24 | - |  | -

4. | Tangible fixed assets
--- | ---

|  | Vehicles |  | Office Equipment |  | Total
--- | --- | --- | --- | --- | --- | ---
|  | £ |  | £ |  | £
| Cost or valuation
| At 01 January 25 | - |  | 8,505 |  | 8,505
| Additions | 68,745 |  | 18,149 |  | 86,894
| At 28 February 26 | 68,745 |  | 26,654 |  | 95,399
| Depreciation and impairment
| At 01 January 25 | - |  | 5,089 |  | 5,089
| Charge for year | 1,826 |  | 3,988 |  | 5,814
| At 28 February 26 | 1,826 |  | 9,077 |  | 10,903
| Net book value
| At 28 February 26 | 66,919 |  | 17,577 |  | 84,496
| At 31 December 24 | - |  | 3,416 |  | 3,416

5. | Fixed asset investments
--- | ---

|  | Other investments1 |  | Total
--- | --- | --- | --- | ---
|  | £ |  | £
| Cost or valuation
| At 01 January 25 | 71,701 |  | 71,701
| Additions | 18,527 |  | 18,527
| Revaluations | 5,681 |  | 5,681
| At 28 February 26 | 95,909 |  | 95,909
| Net book value
| At 28 February 26 | 95,909 |  | 95,909
| At 31 December 24 | 71,701 |  | 71,701

| Notes
--- | ---
| 1Other investments other than loans

6. | Debtors: amounts due within one year
--- | ---

|  | 2026 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade debtors / trade receivables | 7,340 |  | 19,340
| Total | 7,340 |  | 19,340

7. | Creditors: amounts due within one year
--- | ---

|  | 2026 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Trade creditors / trade payables | 262 |  | 2,786
| Bank borrowings and overdrafts | 36,632 |  | 22,660
| Amounts owed to related parties | 1,198 |  | 22
| Taxation and social security | 49,400 |  | 17,975
| Accrued liabilities and deferred income | - |  | 1,464
| Total | 87,492 |  | 44,907

8. | Creditors: amounts due after one year
--- | ---

|  | 2026 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Bank borrowings and overdrafts | 12,500 |  | 31,730
| Other creditors | 36,663 |  | -
| Total | 49,163 |  | 31,730

9. | Obligations under finance leases
--- | ---

|  | 2026 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Finance lease and HP contracts | 36,663 |  | -

10. | Provisions for liabilities
--- | ---

|  | 2026 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Net deferred tax liability (asset) | 18,650 |  | 2,165
| Total | 18,650 |  | 2,165

11. | Related party transactions
--- | ---
| During the year interest free loans were made available to the business by directors of £1,198 (2024: £22).