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REGISTERED NUMBER: 09242874 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

WBD Global Limited

WBD Global Limited (Registered number: 09242874)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WBD Global Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mrs D L Black
Mr B Black
Mr W Black





REGISTERED OFFICE: Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS





REGISTERED NUMBER: 09242874 (England and Wales)





ACCOUNTANTS: Underwood Green
Pinnacle House
1 Pinnacle Way
Derby
Derbyshire
DE24 8ZS

WBD Global Limited (Registered number: 09242874)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 59,693 54,695

CURRENT ASSETS
Debtors 5 623,710 347,286
Cash at bank 1,378,334 815,532
2,002,044 1,162,818
CREDITORS
Amounts falling due within one year 6 476,435 369,629
NET CURRENT ASSETS 1,525,609 793,189
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,585,302

847,884

CREDITORS
Amounts falling due after more than one
year

7

(32,194

)

(38,016

)

PROVISIONS FOR LIABILITIES (1,825 ) (2,062 )
NET ASSETS 1,551,283 807,806

CAPITAL AND RESERVES
Called up share capital 8 120 120
Retained earnings 1,551,163 807,686
SHAREHOLDERS' FUNDS 1,551,283 807,806

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

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

The directors acknowledge their 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.

WBD Global Limited (Registered number: 09242874)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 April 2024 and were signed on its behalf by:





Mr B Black - Director


WBD Global Limited (Registered number: 09242874)

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

1. STATUTORY INFORMATION

WBD Global 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.
Freehold property - 10% on cost
Plant and machinery - 25% on cost
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 3 (2022 - 3 ) .

WBD Global Limited (Registered number: 09242874)

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

4. TANGIBLE FIXED ASSETS
Freehold Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1 November 2022 49,447 26,925 14,815 91,187
Additions 15,000 - 6,019 21,019
At 31 October 2023 64,447 26,925 20,834 112,206
DEPRECIATION
At 1 November 2022 5,606 19,479 11,407 36,492
Charge for year 6,445 6,222 3,354 16,021
At 31 October 2023 12,051 25,701 14,761 52,513
NET BOOK VALUE
At 31 October 2023 52,396 1,224 6,073 59,693
At 31 October 2022 43,841 7,446 3,408 54,695

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 28,322 195,179
Directors' current accounts 595,091 151,941
Prepayments 297 166
623,710 347,286

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,020 7,152
Trade creditors 85,558 104,702
Tax 269,443 115,672
VAT 97,731 133,811
Accruals and deferred income 16,683 8,292
476,435 369,629

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 7,020 7,152
Bank loans - 2-5 years 25,174 21,456
Bank loans more 5 yr by instal - 9,408
32,194 38,016

WBD Global Limited (Registered number: 09242874)

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

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2023 2022
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 9,408

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
120 Ordinary £1 120 120

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

2023 2022
£    £   
Mr B Black and Mrs D L Black
Balance outstanding at start of year 101,295 95,531
Amounts advanced 497,228 133,518
Amounts repaid (201,796 ) (127,754 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 396,727 101,295

Mr W Black
Balance outstanding at start of year 50,646 -
Amounts advanced 278,040 50,646
Amounts repaid (130,322 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 198,364 50,646

Interest was charged on the loan at a rate of 2.00% per annum. The director's loan account was repaid within nine months of the year end.