Company Registration No. 09133788 (England and Wales)
Form Worldwide Limited
Unaudited accounts
for the year ended 31 May 2023
Form Worldwide Limited
Unaudited accounts
Contents
Form Worldwide Limited
Company Information
for the year ended 31 May 2023
Company Number
09133788 (England and Wales)
Registered Office
9 Lydden Road
London
SW18 4LT
UK
Form Worldwide Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
432
3,982
Creditors: amounts falling due within one year
(112,330)
(166,620)
Net current assets
54,288
37,062
Total assets less current liabilities
55,006
37,886
Creditors: amounts falling due after more than one year
(109,642)
(123,314)
Net liabilities
(54,636)
(85,428)
Called up share capital
36,000
36,000
Profit and loss account
(90,636)
(121,428)
Shareholders' funds
(54,636)
(85,428)
For the year ending 31 May 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 February 2024 and were signed on its behalf by
Nicholas Ward
Director
Company Registration No. 09133788
Form Worldwide Limited
Notes to the Accounts
for the year ended 31 May 2023
Form Worldwide Limited is a private company, limited by shares, registered in England and Wales, registration number 09133788. The registered office is 9 Lydden Road, London, SW18 4LT, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 May 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 June 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2022
2,090
15,739
17,829
At 31 May 2023
2,090
16,838
18,928
At 1 June 2022
2,077
14,928
17,005
Charge for the year
13
1,192
1,205
At 31 May 2023
2,090
16,120
18,210
Form Worldwide Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
13,687
77,200
Amounts due from group undertakings etc.
515
-
Accrued income and prepayments
-
8,050
Other debtors
146,350
109,331
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Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,303
8,803
Trade creditors
23,528
39,310
Taxes and social security
46,328
43,516
Other creditors
39,314
41,684
7
Creditors: amounts falling due after more than one year
2023
2022
Trade creditors
109,642
123,314
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).