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REGISTERED NUMBER: 08641840 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Worldglazing Limited

Worldglazing Limited (Registered number: 08641840)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Worldglazing Limited

Company Information
for the Year Ended 31 August 2023







DIRECTOR: M Islam





REGISTERED OFFICE: 14 Polegate
Luton
Bedfordshire
LU2 8AJ





REGISTERED NUMBER: 08641840 (England and Wales)





ACCOUNTANTS: P D & Co (2003) Limited T/A Parbery Davies & Co
Three Counties House
18a Victoria Street
Dunstable
Bedfordshire
LU6 3BA

Worldglazing Limited (Registered number: 08641840)

Balance Sheet
31 August 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 971 887

CURRENT ASSETS
Stocks 19,498 12,550
Debtors 5 172 -
19,670 12,550
CREDITORS
Amounts falling due within one year 6 9,544 16,774
NET CURRENT ASSETS/(LIABILITIES) 10,126 (4,224 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,097

(3,337

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10,997 (3,437 )
SHAREHOLDERS' FUNDS 11,097 (3,337 )

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 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 15 April 2024 and were signed by:





M Islam - Director


Worldglazing Limited (Registered number: 08641840)

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

1. STATUTORY INFORMATION

Worldglazing 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 - 33% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 September 2022 3,104
Additions 562
At 31 August 2023 3,666
DEPRECIATION
At 1 September 2022 2,217
Charge for year 478
At 31 August 2023 2,695
NET BOOK VALUE
At 31 August 2023 971
At 31 August 2022 887

Worldglazing Limited (Registered number: 08641840)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Other debtors 172 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 809 50
Taxation and social security 2,192 -
Other creditors 6,543 16,724
9,544 16,774