WORLD OF SOLAR LTD

Company Registration Number:
11645001 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

WORLD OF SOLAR LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

WORLD OF SOLAR LTD

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 265,350 32,138
Total fixed assets: 265,350 32,138
Current assets
Stocks: 169,483 249,363
Debtors: 4 628,794 353,162
Cash at bank and in hand: 197,192 94,980
Total current assets: 995,469 697,505
Creditors: amounts falling due within one year: 5 (401,552) (221,189)
Net current assets (liabilities): 593,917 476,316
Total assets less current liabilities: 859,267 508,454
Creditors: amounts falling due after more than one year: 6 (301,503) (56,000)
Provision for liabilities: 0 0
Total net assets (liabilities): 557,764 452,454
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 557,754 452,444
Shareholders funds: 557,764 452,454

The notes form part of these financial statements

WORLD OF SOLAR LTD

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 February 2024
and signed on behalf of the board by:

Name: D Grant
Status: Director

The notes form part of these financial statements

WORLD OF SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

WORLD OF SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 10 10

WORLD OF SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 42,850
Additions 233,212
At 31 May 2023 276,062
Depreciation
At 01 June 2022 10,712
At 31 May 2023 10,712
Net book value
At 31 May 2023 265,350
At 31 May 2022 32,138

WORLD OF SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 6,562

WORLD OF SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

Trade Creditors £191,651Bank loans and overdrafts £115,573Corporation Tax £89,272Other Creditors 5,056

WORLD OF SOLAR LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due after more than one year note

Net obligations under finance leases £204,821Bank loans £35,604Other Taxes and social security £61,078