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REGISTERED NUMBER: 08962258 (England and Wales)












Worldwide Education Recruitment Limited

Unaudited Financial Statements for the Year Ended 31 March 2024






Worldwide Education Recruitment Limited (Registered number: 08962258)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Worldwide Education Recruitment Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: Ms E F L C Kiernan
H A Cottrill
S C Mason





REGISTERED OFFICE: 13 Vansittart Estate
Windsor
Berkshire
SL4 1SE





REGISTERED NUMBER: 08962258 (England and Wales)





ACCOUNTANTS: Cottrill Mason Ltd
13 Vansittart Estate
Windsor
Berkshire
SL4 1SE

Worldwide Education Recruitment Limited (Registered number: 08962258)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,325 28,045

CURRENT ASSETS
Stocks 37,538 36,964
Debtors 5 203,204 275,986
Cash at bank and in hand 42,241 119,458
282,983 432,408
CREDITORS
Amounts falling due within one year 6 300,728 380,563
NET CURRENT (LIABILITIES)/ASSETS (17,745 ) 51,845
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,580

79,890

CREDITORS
Amounts falling due after more than one
year

7

3,631

51,123
NET ASSETS 949 28,767

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 849 28,667
949 28,767

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 January 2025 and were signed on its behalf by:




S C Mason - Director Ms E F L C Kiernan - Director



H A Cottrill - Director


Worldwide Education Recruitment Limited (Registered number: 08962258)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Worldwide Education Recruitment Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 74 (2023 - 84 ) .

Worldwide Education Recruitment Limited (Registered number: 08962258)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 April 2023 53,918
Additions 1,892
At 31 March 2024 55,810
DEPRECIATION
At 1 April 2023 25,873
Charge for year 7,612
At 31 March 2024 33,485
NET BOOK VALUE
At 31 March 2024 22,325
At 31 March 2023 28,045

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 130,111 70,094
Other debtors 73,093 205,892
203,204 275,986

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 45,342 80,671
Trade creditors 3 1
Taxation and social security 210,659 234,075
Other creditors 44,724 65,816
300,728 380,563

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans 3,631 51,123

8. RESERVES
Retained
earnings
£   

At 1 April 2023 28,667
Profit for the year 101,860
Dividends (129,678 )
At 31 March 2024 849