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REGISTERED NUMBER: 08958313 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

WML Ventures Limited

WML Ventures Limited (Registered number: 08958313)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WML Ventures Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: Mr W M Li





REGISTERED OFFICE: 65 Highbanks Close
Welling
DA16 3ES





REGISTERED NUMBER: 08958313 (England and Wales)





ACCOUNTANTS: Robert Ko & Company
Chartered Accountants
33 Crofton Avenue
London
W4 3EW

WML Ventures Limited (Registered number: 08958313)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,534 1,483
Investments 5 - 99
2,534 1,582

CURRENT ASSETS
Debtors 6 5,000 5,000
Cash at bank 34,058 27,638
39,058 32,638
CREDITORS
Amounts falling due within one year 7 19,681 13,776
NET CURRENT ASSETS 19,377 18,862
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,911

20,444

PROVISIONS FOR LIABILITIES 482 -
NET ASSETS 21,429 20,444

RESERVES
Retained earnings 21,429 20,444
SHAREHOLDERS' FUNDS 21,429 20,444

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

WML Ventures Limited (Registered number: 08958313)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 16 October 2023 and were signed by:





Mr W M Li - Director


WML Ventures Limited (Registered number: 08958313)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

WML Ventures Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 3,460
Additions 1,896
At 31 March 2023 5,356
DEPRECIATION
At 1 April 2022 1,977
Charge for year 845
At 31 March 2023 2,822
NET BOOK VALUE
At 31 March 2023 2,534
At 31 March 2022 1,483

WML Ventures Limited (Registered number: 08958313)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
31.3.23 31.3.22
£    £   
Other assets - 99

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Other debtors 5,000 5,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors - 1
Taxation and social security 2,061 5,490
Other creditors 17,620 8,285
19,681 13,776