WORLD MEDIA CONNECT LIMITED

Company Registration Number:
06860055 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

WORLD MEDIA CONNECT LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

WORLD MEDIA CONNECT LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 6,961 3,850
Total fixed assets: 6,961 3,850
Current assets
Debtors:   460,982 549,158
Cash at bank and in hand: 87,036 3,629
Total current assets: 548,018 552,787
Creditors: amounts falling due within one year:   (537,411) (529,904)
Net current assets (liabilities): 10,607 22,883
Total assets less current liabilities: 17,568 26,733
Total net assets (liabilities): 17,568 26,733
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 16,568 25,733
Shareholders funds: 17,568 26,733

The notes form part of these financial statements

WORLD MEDIA CONNECT LIMITED

Balance sheet statements

For the year ending 31 December 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 16 September 2024
and signed on behalf of the board by:

Name: Mr S Bahl
Status: Director

The notes form part of these financial statements

WORLD MEDIA CONNECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Equipment -20% reducing balance

WORLD MEDIA CONNECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

WORLD MEDIA CONNECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 22,247
Additions 4,852
At 31 December 2023 27,099
Depreciation
At 01 January 2023 18,397
Charge for year 1,741
At 31 December 2023 20,138
Net book value
At 31 December 2023 6,961
At 31 December 2022 3,850