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REGISTERED NUMBER: 11193690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Worldwide Teaching Ltd

Worldwide Teaching Ltd (Registered number: 11193690)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Worldwide Teaching Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTOR: KD Jordan





REGISTERED OFFICE: 3rd Floor Broadstone Mill
Broadstone Road
Stockport
Greater Manchester
SK5 7DL





REGISTERED NUMBER: 11193690 (England and Wales)





ACCOUNTANTS: EBA
Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR

Worldwide Teaching Ltd (Registered number: 11193690)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 174 374
Tangible assets 5 7,784 4,571
7,958 4,945

CURRENT ASSETS
Debtors 6 240,937 326,604
Cash at bank 67,036 42,246
307,973 368,850
CREDITORS
Amounts falling due within one year 7 234,230 291,909
NET CURRENT ASSETS 73,743 76,941
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,701

81,886

CREDITORS
Amounts falling due after more than one
year

8

(18,214

)

(28,271

)

PROVISIONS FOR LIABILITIES (2,253 ) (930 )
NET ASSETS 61,234 52,685

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 61,134 52,585
61,234 52,685

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

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

The director acknowledges her 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.

Worldwide Teaching Ltd (Registered number: 11193690)

Balance Sheet - continued
31 August 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 6 April 2024 and were signed by:





KD Jordan - Director


Worldwide Teaching Ltd (Registered number: 11193690)

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

1. STATUTORY INFORMATION

Worldwide Teaching Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 33% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Worldwide Teaching Ltd (Registered number: 11193690)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 38 (2022 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2022
and 31 August 2023 1,000
AMORTISATION
At 1 September 2022 626
Charge for year 200
At 31 August 2023 826
NET BOOK VALUE
At 31 August 2023 174
At 31 August 2022 374

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 September 2022 13,439
Additions 8,806
At 31 August 2023 22,245
DEPRECIATION
At 1 September 2022 8,868
Charge for year 5,593
At 31 August 2023 14,461
NET BOOK VALUE
At 31 August 2023 7,784
At 31 August 2022 4,571

Worldwide Teaching Ltd (Registered number: 11193690)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Trade debtors 180,490 240,806
Amounts owed by group undertakings - 8,257
Other debtors 60,447 77,541
240,937 326,604

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£ £
Bank loans and overdrafts 10,057 9,808
Trade creditors 2,073 1,423
Taxation and social security 140,391 122,593
Other creditors 81,709 158,085
234,230 291,909

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£ £
Bank loans 18,214 28,271

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23 31.8.22
£ £
KD Jordan
Balance outstanding at start of year - 45,287
Amounts advanced 93,426 -
Amounts repaid (79,100 ) (45,287 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,326 -

10. ULTIMATE CONTROLLING PARTY

The controlling party is KD Jordan.