Company Registration No. 04360600 (England and Wales)
WORLD STUDY SOLUTIONS LIMITED
Unaudited accounts
for the year ended 31 January 2024
WORLD STUDY SOLUTIONS LIMITED
Unaudited accounts
Contents
WORLD STUDY SOLUTIONS LIMITED
Company Information
for the year ended 31 January 2024
Director
Charles Sinclair Bryson
Company Number
04360600 (England and Wales)
Registered Office
43 BURLEIGH STREET
CAMBRIDGE
CB1 1DJ
Accountants
Rohallah Bastam FAIA,FCPA
14 Fowler avenue
Trumpington
Cambridge
CB2 9FH
WORLD STUDY SOLUTIONS LIMITED
Accountants' report
Accountants' report to the director of WORLD STUDY SOLUTIONS LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
WORLD STUDY SOLUTIONS LIMITED for the year ended
31 January 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of WORLD STUDY SOLUTIONS LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of WORLD STUDY SOLUTIONS LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than WORLD STUDY SOLUTIONS LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that WORLD STUDY SOLUTIONS LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of WORLD STUDY SOLUTIONS LIMITED. You consider that WORLD STUDY SOLUTIONS LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of WORLD STUDY SOLUTIONS LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Rohallah Bastam FAIA,FCPA
14 Fowler avenue
Trumpington
Cambridge
CB2 9FH
17 October 2024
WORLD STUDY SOLUTIONS LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
4,275
7,368
Creditors: amounts falling due within one year
(18,439)
(15,467)
Net current assets
19,276
21,802
Total assets less current liabilities
23,551
29,170
Creditors: amounts falling due after more than one year
(14,487)
(14,487)
Provisions for liabilities
Called up share capital
190
190
Share premium
39,964
39,964
Profit and loss account
(31,881)
(26,342)
Shareholders' funds
8,273
13,812
For the year ending 31 January 2024 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 23 October 2024 and were signed on its behalf by
Charles Sinclair Bryson
Director
Company Registration No. 04360600
WORLD STUDY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
WORLD STUDY SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04360600. The registered office is 43 BURLEIGH STREET, CAMBRIDGE, CB1 1DJ.
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.
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.
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:
Plant & machinery
- 33% on cost, 25% on reducing balance and 10% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
WORLD STUDY SOLUTIONS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Other debtors
37,715
37,269
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,368
6,025
Trade creditors
1,059
8,363
Taxes and social security
4,790
1,077
Loans from directors
222
2
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
14,487
14,487
-Other creditor include £0 due from the director Mr C S Bryson.(2023 was other creditor £0) .
9
Transactions with related parties
During the year, the company was controlled by C Bryson.
The company had the following related party transactions:-
the company.
- £2,642 (2023 was £2,195) owed by World City Solutions Limited, a company under common control at the year-end.
- £30,194 (2023 was £30,194) was owed from Charlie's Coffee Company Ltd, a company in which the director's wife is a director and shareholder.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).