1 August 2022 false No description of principal activity Taxfiler 2024.5 12723409business:PrivateLimitedCompanyLtd2022-08-012023-07-31 127234092022-07-31 127234092022-08-012023-07-31 12723409business:AuditExempt-NoAccountantsReport2022-08-012023-07-31 12723409business:FilletedAccounts2022-08-012023-07-31 127234092023-07-31 127234092022-07-31 12723409core:WithinOneYear2023-07-31 12723409core:WithinOneYear2022-07-31 12723409core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12723409core:ShareCapitalcore:PreviouslyStatedAmount2022-07-31 12723409core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12723409core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-07-31 12723409core:PreviouslyStatedAmount2023-07-31 12723409core:PreviouslyStatedAmount2022-07-31 12723409business:SmallEntities2022-08-012023-07-31 12723409business:Director12022-08-012023-07-31 12723409countries:EnglandWales2022-08-012023-07-31 12723409business:RegisteredOffice2022-08-012023-07-31 12723409core:FurnitureFittings2022-08-012023-07-31 12723409core:FurnitureFittings2022-07-31 12723409core:FurnitureFittings2023-07-31 12723409core:AfterOneYear2023-07-31 12723409core:AfterOneYear2022-07-31 127234092021-08-012022-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12723409 (England and Wales)
World of Communication Ltd Unaudited accounts for the year ended 31 July 2023
World of Communication Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,176 
3,264 
Current assets
Inventories
500 
500 
Debtors
9,167 
9,167 
Cash at bank and in hand
5,574 
- 
15,241 
9,667 
Creditors: amounts falling due within one year
(20,785)
(12,613)
Net current liabilities
(5,544)
(2,946)
Net (liabilities)/assets
(3,368)
318 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(3,468)
218 
Shareholders' funds
(3,368)
318 
For the year ending 31 July 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 31 July 2024 and were signed on its behalf by
M Iqbal Director Company Registration No. 12723409
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World of Communication Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
World of Communication Ltd is a private company, limited by shares, registered in England and Wales, registration number 12723409. The registered office is 7a Mercers Row, Northampton, NN1 2QL, England.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
20% Straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2022
5,440 
At 31 July 2023
5,440 
Depreciation
At 1 August 2022
2,176 
Charge for the year
1,088 
At 31 July 2023
3,264 
Net book value
At 31 July 2023
2,176 
At 31 July 2022
3,264 
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World of Communication Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
917 
917 
Amounts falling due after more than one year
Accrued income and prepayments
8,250 
8,250 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
391 
7,362 
Taxes and social security
(857)
422 
Other creditors
14,247 
534 
Loans from directors
5,954 
3,745 
Accruals
1,050 
550 
20,785 
12,613 
7
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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