White Key Apps Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 09826727

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		1		1
Investments	5		65		1,005,065

			66		1,005,066
CURRENT ASSETS
Debtors	6	77,437		84,619
Cash at bank and in hand		3,653,328		198

		3,730,765		84,817
Creditors: Amounts Falling Due Within One Year	7	(1,030,143 )		(575,056 )

NET CURRENT ASSETS (LIABILITIES)			2,700,622		(490,239 )

TOTAL ASSETS LESS CURRENT LIABILITIES			2,700,688		514,827

NET ASSETS			2,700,688		514,827

CAPITAL AND RESERVES
Called up share capital	8		300		300
Profit and Loss Account			2,700,388		514,527

SHAREHOLDERS' FUNDS			2,700,688		514,827

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White Key Apps Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 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 G P D Rann

Director

25th September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

White Key Apps Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09826727 . The registered office is 71 Victoria Street, London, EC4V 4BE.

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 directors have considered the appropriateness of adopting the going concern basis in preparation of these financial statements.

Having considered the risks and uncertainties to which the company is subject, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least twelve months from the date of approval of the financial statements.

Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about White Key Apps Limited as an individual company and

do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at

cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

2.5. Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Financial assets

Financial assets including trade debtors, are initially recognised at transaction cost which is considered to be fair value and subsequently held at amortised cost. At each statement of financial position date, the company assesses whether there is objective evidence that a financial asset has become impaired. Impairment losses are recorded as charges in the Statement of Income and the carrying amount of the financial asset is reduced by establishing an impairment loss provision. Impairment loss provisions are maintained at the level that management deems sufficient to absorb incurred losses. Financial assets are subsequently carried at transaction cost less provision for impairment.

Financial liabilities

Financial liabilities are presented as such in the Statement of Financial Position. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Finance costs and gains or losses relating to financial liabilities are included in the Statement of Income. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Dividends and distributions relating to equity instruments are debited directly to equity.

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White Key Apps Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.6. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income

and Retained Earnings, 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 statement of financial position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the statement of financial position 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.

2.7. Pensions

The company makes contributions to employees' personal pension schemes which are defined

contribution schemes. The annual contributions payable are charged to the Statement of Income.

2.8. Fixed asset investments

A subsidiary is an undertaking over which the company exercises control, directly or indirectly, over the financial and operating activities so as to obtain benefits from it.

In the company's Statement of Financial Position investments in subsidiaries are recorded at cost, unless

their value has been impaired in which case they are valued at the lower of net realisable value or value in use as appropriate.

Other investments are initially measured at cost and subsequently measured at cost less any

accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: 1)

4. Intangible Assets

	Other
	£
Cost
As at 1 January 2025	1

As at 31 December 2025	1

Net Book Value
As at 31 December 2025	1

As at 1 January 2025	1

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White Key Apps Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Investments

	Associates	Unlisted	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	65	1,005,000	1,005,065
Disposals	-	(1,005,000 )	(1,005,000 )

As at 31 December 2025	65	-	65

Provision
As at 1 January 2025	-	-	-

As at 31 December 2025	-	-	-

Net Book Value
As at 31 December 2025	65	-	65

As at 1 January 2025	65	1,005,000	1,005,065

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	70,290	62,231
Other debtors	7,147	22,388

	77,437	84,619

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	52,414	52,378
Other creditors	250,280	522,678
Taxation and social security	727,449	-

	1,030,143	575,056

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	300	300

9. Ultimate Controlling Party

The company's ultimate controlling party is Mr G P D Rann .

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