06264283falseconsultant for quality control systems2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-05-31http://www.companieshouse.gov.uk/cd:Director12022-06-012023-05-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-05-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-06-012023-05-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-06-012023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-05-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-05-31http://www.companieshouse.gov.uk/2021-06-012022-05-31http://www.companieshouse.gov.uk/2022-06-012023-05-31http://www.companieshouse.gov.uk/2022-05-31http://www.companieshouse.gov.uk/cd:FRS1022022-06-012023-05-31http://www.companieshouse.gov.uk/2023-05-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-06-012023-05-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-06-012023-05-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 06264283

WORLDWIDE APPROVAL SERVICES LTD.

ACCOUNTS
FOR THE YEAR ENDED 31/05/2023


WORLDWIDE APPROVAL SERVICES LTD.

ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
DIRECTORS
Arlyn GAMIAO
REGISTERED OFFICE
252-262 Romford Road
Unit-703, 7th Floor
London
E7 9HZ
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06264283

WORLDWIDE APPROVAL SERVICES LTD.

ACCOUNTS
FOR THEYEARENDED31/05/2023
CONTENTS
Page
Directors' Report3
Statement Of Comprehensive Income4
Balance Sheet5
Notes To The Accounts6
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account8
Profit And Loss Account Summaries-

WORLDWIDE APPROVAL SERVICES LTD.

DIRECTORS' REPORT
FOR THEYEARENDED31/05/2023
The directors present their report and accounts for theyearended31/05/2023
DIRECTORS
The directors who served during theyearwere as follows:
Arlyn GAMIAO
STATEMENT OF DIRECTORS RESPONSIBILITIES
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to:
- Select suitable accounting policies and then apply them consistently;
- Make judgements and accounting estimates that are reasonable and prudent;
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006.
This report was approved by the board on23/08/2023
Arlyn GAMIAO
Director

WORLDWIDE APPROVAL SERVICES LTD.

STATEMENT OF COMPREHENSIVE INCOME
FOR THEYEARENDED31/05/2023
Notes20232022
££
TURNOVER215,453258,613
Cost of sales(268,034)(158,058)
GROSS (LOSS) / PROFIT(52,581)100,555
Administrative expenses(11,363)(90,475)
OPERATING (LOSS) / PROFIT(63,944)10,080
(LOSS) / PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION(63,944)10,080
Tax on profit on ordinary activities3-(1,915)
(LOSS) / PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION(63,944)8,165

WORLDWIDE APPROVAL SERVICES LTD.

BALANCE SHEET AT 31/05/2023
20232022
Notes££
CURRENT ASSETS
Debtors440,93440,934
Cash at bank and in hand351,792419,632
392,726460,566
CREDITORS: Amounts falling due within one year5409,927413,823
NET CURRENT (LIABILITIES) / ASSETS(17,201)46,743
TOTAL ASSETS LESS CURRENT LIABILITIES(17,201)46,743
CAPITAL AND RESERVES
Called up share capital611
Profit and loss account(17,202)46,742
SHAREHOLDERS' FUNDS(17,201)46,743
For the year ending 31/05/2023 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.
Approved by the board on 23/08/2023 and signed on their behalf by
.............................
Arlyn GAMIAO
Director

WORLDWIDE APPROVAL SERVICES LTD.

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Taxation
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.
1c. Foreign Currency
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated.
1d. Turnover
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.
2. EMPLOYEES
20232022
No.No.
Average number of employees--

WORLDWIDE APPROVAL SERVICES LTD.

3. TAX ON ORDINARY ACTIVITIES
20232022
££
Corporation tax-1,915
-1,915
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors8,6928,692
Directors current account32,24232,242
40,93440,934
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax8,25910,175
Trade creditors401,668403,648
409,927413,823
6. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
1 Class 1 shares of £1 each11
11

WORLDWIDE APPROVAL SERVICES LTD.

TRADING AND PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31/05/2023
20232022
££
Turnover215,453258,613
Cost of Sales:
Purchases268,034158,058
268,034158,058
268,034158,058
Gross (Loss) / Profit(52,581)100,555
(52,581)100,555
Less:
Administrative expenses11,36390,475
11,36390,475
Net (loss) / profit for the year before taxation(63,944)10,080
Taxation-1,915
Net (loss) / profit for the year after taxation(63,944)8,165
Retained profits brought forward46,74238,577
Retained (losses) / profits carried forward(17,202)46,742
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only.