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REGISTERED NUMBER: 11193690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Worldwide Teaching Ltd

Worldwide Teaching Ltd (Registered number: 11193690)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Worldwide Teaching Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTOR: KD Jordan





REGISTERED OFFICE: 3rd Floor Broadstone Mill
Broadstone Road
Stockport
Greater Manchester
SK5 7DL





REGISTERED NUMBER: 11193690 (England and Wales)





ACCOUNTANTS: EBA
Ground Floor
Rear Barn
The Brookdale Centre
Knutsford
Cheshire
WA16 0SR

Worldwide Teaching Ltd (Registered number: 11193690)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - 174
Tangible assets 5 109,661 7,784
109,661 7,958

CURRENT ASSETS
Debtors 6 331,137 240,937
Cash at bank 97,847 67,036
428,984 307,973
CREDITORS
Amounts falling due within one year 7 396,116 234,230
NET CURRENT ASSETS 32,868 73,743
TOTAL ASSETS LESS CURRENT
LIABILITIES

142,529

81,701

CREDITORS
Amounts falling due after more than one
year

8

(7,903

)

(18,214

)

PROVISIONS FOR LIABILITIES (27,415 ) (2,253 )
NET ASSETS 107,211 61,234

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 107,111 61,134
107,211 61,234

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

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

The director acknowledges her 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.

Worldwide Teaching Ltd (Registered number: 11193690)

Balance Sheet - continued
31 August 2024


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 director and authorised for issue on 7 April 2025 and were signed by:





KD Jordan - Director


Worldwide Teaching Ltd (Registered number: 11193690)

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

1. STATUTORY INFORMATION

Worldwide Teaching Ltd 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

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.

Worldwide Teaching Ltd (Registered number: 11193690)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 63 (2023 - 38 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2023
and 31 August 2024 1,000
AMORTISATION
At 1 September 2023 826
Charge for year 174
At 31 August 2024 1,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 174

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 September 2023 22,245
Additions 106,694
At 31 August 2024 128,939
DEPRECIATION
At 1 September 2023 14,461
Charge for year 4,817
At 31 August 2024 19,278
NET BOOK VALUE
At 31 August 2024 109,661
At 31 August 2023 7,784

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Trade debtors 198,741 180,490
Other debtors 132,396 60,447
331,137 240,937

Worldwide Teaching Ltd (Registered number: 11193690)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Bank loans and overdrafts 10,311 10,057
Trade creditors 8,572 2,073
Taxation and social security 137,543 140,391
Other creditors 239,690 81,709
396,116 234,230

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£ £
Bank loans 7,903 18,214

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£ £
KD Jordan
Balance outstanding at start of year 14,326 -
Amounts advanced 111,267 93,426
Amounts repaid (89,100 ) (79,100 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 36,493 14,326

10. ULTIMATE CONTROLLING PARTY

The controlling party is KD Jordan.