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REGISTERED NUMBER: 10098526 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

THE WORLD OF WEALTH LIMITED

THE WORLD OF WEALTH LIMITED (REGISTERED NUMBER: 10098526)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 April 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE WORLD OF WEALTH LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 April 2023







DIRECTOR: S K Wall





REGISTERED OFFICE: 13 The Ridings
Market Rasen
Lincolnshire
LN8 3EE





REGISTERED NUMBER: 10098526 (England and Wales)





ACCOUNTANTS: Richmond Gatehouse LLP
Thames House
3 Wellington Street
London
SE18 6NY

THE WORLD OF WEALTH LIMITED (REGISTERED NUMBER: 10098526)

BALANCE SHEET
30 April 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 11,853 15,860

CURRENT ASSETS
Debtors 5 727 727
Cash at bank - 1
727 728
CREDITORS
Amounts falling due within one year 6 (12,599 ) (4,972 )
NET CURRENT LIABILITIES (11,872 ) (4,244 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(19

)

11,616

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 8 (20 ) 11,615
SHAREHOLDERS' FUNDS (19 ) 11,616

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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 31 January 2024 and were signed by:





S K Wall - Director


THE WORLD OF WEALTH LIMITED (REGISTERED NUMBER: 10098526)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 April 2023


1. STATUTORY INFORMATION

The World Of Wealth 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 - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

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

3. EMPLOYEES AND DIRECTORS

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

THE WORLD OF WEALTH LIMITED (REGISTERED NUMBER: 10098526)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 April 2023


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 May 2022
and 30 April 2023 19,189 1,188 20,377
DEPRECIATION
At 1 May 2022 3,838 679 4,517
Charge for year 3,837 170 4,007
At 30 April 2023 7,675 849 8,524
NET BOOK VALUE
At 30 April 2023 11,514 339 11,853
At 30 April 2022 15,351 509 15,860

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 727 727

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 10,102 3,215
Other Creditors - TWM 1,000 1,000
Directors' current accounts 4 36
Accrued expenses 1,493 721
12,599 4,972

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Retained
earnings
£   

At 1 May 2022 11,615
Profit for the year 25,350
Dividends (36,985 )
At 30 April 2023 (20 )