WORLD TRADE LIMITED

Company Registration Number:
02771923 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 1 January 2021

End date: 31 December 2021

WORLD TRADE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WORLD TRADE LIMITED

Directors' report period ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal activities of the company

The principal activity of the company in the year under review was that of the provision of general business consultancyservices.

Additional information

P S Klaver held office during the whole of the period from 1 January 2021 to the date of this report.This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to smallcompanies.



Directors

The director shown below has held office during the whole of the period from
1 January 2021 to 31 December 2021

Klaver, Paul Siegfried


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
15 August 2022

And signed on behalf of the board by:
Name: Klaver, Paul Siegfried
Status: Director

WORLD TRADE LIMITED

Profit And Loss Account

for the Period Ended 31 December 2021

2021 2020


£

£
Turnover: 575,811 633,185
Cost of sales: ( 613,686 ) ( 601,368 )
Gross profit(or loss): (37,875) 31,817
Distribution costs: 0 0
Administrative expenses: ( 33,384 ) ( 33,911 )
Other operating income: 0 0
Operating profit(or loss): (71,259) (2,094)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (71,259) (2,094)
Tax: 0 144
Profit(or loss) for the financial year: (71,259) (1,950)

WORLD TRADE LIMITED

Balance sheet

As at 31 December 2021

Notes 2021 2020


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,515 2,273
Investments:   0 0
Total fixed assets: 1,515 2,273
Current assets
Stocks:   0 0
Debtors: 4 8,931 9,976
Cash at bank and in hand: 78 19,945
Investments:   0 0
Total current assets: 9,009 29,921
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 94,604 ) ( 45,087 )
Net current assets (liabilities): (85,595) (15,166)
Total assets less current liabilities: (84,080) ( 12,893)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 504 ) ( 432 )
Accruals and deferred income: 0 0
Total net assets (liabilities): (84,584) (13,325)
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (84,684 ) (13,425 )
Total Shareholders' funds: ( 84,584 ) (13,325)

The notes form part of these financial statements

WORLD TRADE LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption 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.

This report was approved by the board of directors on 15 August 2022
and signed on behalf of the board by:

Name: Klaver, Paul Siegfried
Status: Director

The notes form part of these financial statements

WORLD TRADE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assetsDepreciation is provided at the following annual rates in order to write off each asset over its estimated usefullife.Plant and machinery etc - 25% on reducing balance

    Other accounting policies

    TaxationTaxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except tothe 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 orsubstantively enacted by the balance sheet date.

WORLD TRADE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 0 0

    During the financial period, the company did not employ any staff. The company only uses contractors employed by other companies.

WORLD TRADE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2021 30,974 30,974
Additions
Disposals
Revaluations
Transfers
At 31 December 2021 30,974 30,974
Depreciation
At 1 January 2021 28,701 28,701
Charge for year 758 758
On disposals
Other adjustments
At 31 December 2021 29,459 29,459
Net book value
At 31 December 2021 1,515 1,515
At 31 December 2020 2,273 2,273

WORLD TRADE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Debtors

2021 2020
£ £
Trade debtors 8,931 9,976
Prepayments and accrued income 0 0
Other debtors 0 0
Total 8,931 9,976
Debtors due after more than one year: 0 0

WORLD TRADE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Creditors: amounts falling due within one year note

2021 2020
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 94,604 45,087
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 94,604 45,087