White Bear Properties Limited

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

Registered number: 08359486

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		4,688		5,860
Investment Properties	5		329,000		329,000

			333,688		334,860
CURRENT ASSETS
Debtors	6	1,773		1,669
Cash at bank and in hand		1,425		8,894

		3,198		10,563
Creditors: Amounts Falling Due Within One Year	7	(3,388 )		(2,308 )

NET CURRENT ASSETS (LIABILITIES)			(190 )		8,255

TOTAL ASSETS LESS CURRENT LIABILITIES			333,498		343,115

Creditors: Amounts Falling Due After More Than One Year	8		(180,249 )		(189,951 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(25,175 )		(25,175 )

NET ASSETS			128,074		127,989

CAPITAL AND RESERVES
Called up share capital	9		100		100
Revaluation reserve	10		121,334		121,334
Profit and Loss Account			6,640		6,555

SHAREHOLDERS' FUNDS			128,074		127,989

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White Bear Properties Limited

Balance Sheet (continued)

As At 31 January 2026

For the year ending 31 January 2026 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 Tim Dixon Director	Mrs Joanne Dixon Director
27/10/2026

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

1. General Information

White Bear Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08359486 . The registered office is The Beeches , Cabourne , Market Rasen , Lincolnshire , LN7 6HU.

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. 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.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover 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.

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:

Plant & Machinery

20% on a reducing balance basis

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2025: NIL)

4. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 February 2025	17,668

As at 31 January 2026	17,668

Depreciation
As at 1 February 2025	11,808
Provided during the period	1,172

As at 31 January 2026	12,980

...CONTINUED

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White Bear Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

Net Book Value
As at 31 January 2026	4,688

As at 1 February 2025	5,860

5. Investment Property

	2026
	£
Fair Value
As at 1 February 2025 and 31 January 2026	329,000

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,034	912
Prepayments and accrued income	739	757

	1,773	1,669

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other loans	1,287	1,258
Corporation tax	1	1
Accruals and deferred income	2,100	1,049

	3,388	2,308

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

	2026	2025
	£	£
Other loans	245	1,425
Directors' loan account	180,004	188,526

	180,249	189,951

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

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White Bear Properties Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 January 2026

10. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 February 2025	121,334	6,555
Profit for the year and total comprehensive income	-	585

Dividends paid	-	(500)

As at 31 January 2026	121,334	6,640

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