White City Theatre Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 11294334

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		197		1,927

			197		1,927
CURRENT ASSETS
Debtors	5	257,637		259,637
Cash at bank and in hand		95		24

		257,732		259,661
Creditors: Amounts Falling Due Within One Year	6	(66,038 )		(66,090 )

NET CURRENT ASSETS (LIABILITIES)			191,694		193,571

TOTAL ASSETS LESS CURRENT LIABILITIES			191,891		195,498

Creditors: Amounts Falling Due After More Than One Year	7		(4,192,695 )		(4,187,280 )

NET LIABILITIES			(4,000,804 )		(3,991,782 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(4,000,904 )		(3,991,882 )

SHAREHOLDERS' FUNDS			(4,000,804)		(3,991,782)

Page 1

Page 2

White City Theatre Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Oliver Royds

Director

28 August 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

White City Theatre Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11294334 . The registered office is Troubadour Wembley Park Theatre, 3 Fulton Road, Wembley, England, HA9 0SP.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The company had net liabilities at 31 August 2025 and is dependent on the continued financial support of its parent undertaking, which has confirmed in writing its intention to provide such support as is necessary for the company to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements. On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Theatre Building	5 Years
Fixtures & Fittings	20% Straight Line Method
Computer Equipment	20% Straight Line Method

3. Average Number of Employees

	2025	2024
Average number of employees, including directors, during the year was	2	2

	2	2

4. Tangible Assets

	Theatre Building	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	1,131,555	71,116	3,862	1,206,533
Disposals	(1,131,555 )	(70,716 )	(3,862 )	(1,206,133 )

As at 31 August 2025	-	400	-	400

Depreciation
As at 1 September 2024	1,130,593	70,280	3,733	1,204,606
Provided during the period	962	639	129	1,730
Disposals	(1,131,555 )	(70,716 )	(3,862 )	(1,206,133 )

As at 31 August 2025	-	203	-	203

Net Book Value
As at 31 August 2025	-	197	-	197

As at 1 September 2024	962	836	129	1,927

Page 3

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White City Theatre Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Due after more than one year
Amounts owed by group undertakings	257,637	259,637

Amounts owed by group undertakings are unsecured, interest free and repayable on demand.

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	298	149
Bank loans and overdrafts	10,000	10,000
VAT	53,333	53,541
Accruals and deferred income	2,400	2,400
Directors' loan accounts	7	-

	66,038	66,090

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bounce Back loan - Long Term	6,667	16,666
Amounts owed to group undertakings	4,186,028	4,170,614

	4,192,695	4,187,280

Amounts owed to group undertakings total £1,729,538 and amounts owed to parent undertaking total £2,456,490.

8. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary A shares of £ 1.00 each	100	100

9. Directors Advances, Credits and Guarantees

Included within Creditors are the following loans to directors:

	As at 1 September 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 August 2025
	£	£	£	£	£
Mr Tristan Michael Douglas Baker	-	1,745	(1,752 )	-	(7 )

The above loan is unsecured, interest free and repayable on demand.

10. Ultimate Controlling Party

The company's ultimate controlling party is Troubadour Theatres Limited by virtue of its ownership of 100% of the issued share capital in the company.