WORTHYDEAL LIMITED 02933607 retailing home health and fitness products and gifts false 1 April 2024 02933607 2024-04-01 2025-03-31 02933607 2024-03-31 02933607 2025-03-31 02933607 2023-04-01 2024-03-31 02933607 2023-03-31 02933607 2024-03-31 02933607 frs102-bus:FRS102 2024-04-01 2025-03-31 02933607 frs102-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02933607 frs102-bus:FullAccounts 2024-04-01 2025-03-31 02933607 frs102-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 02933607 frs102-core:CurrentFinancialInstruments 2025-03-31 02933607 frs102-core:CurrentFinancialInstruments 2024-03-31 02933607 frs102-core:Non-currentFinancialInstruments 2025-03-31 02933607 frs102-core:Non-currentFinancialInstruments 2024-03-31 02933607 frs102-core:ShareCapital 2025-03-31 02933607 frs102-core:ShareCapital 2024-03-31 02933607 frs102-core:RetainedEarningsAccumulatedLosses 2025-03-31 02933607 frs102-core:RetainedEarningsAccumulatedLosses 2024-03-31 02933607 frs102-bus:Director1 2024-04-01 2025-03-31 02933607 frs102-core:PlantMachinery 2024-04-01 2025-03-31 02933607 frs102-bus:OrdinaryShareClass1 2025-03-31 02933607 frs102-bus:OrdinaryShareClass1 2024-03-31 02933607 frs102-bus:OrdinaryShareClass1 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
02933607
WORTHYDEAL LIMITED
Unaudited Accounts
for the year ended
31 March 2025
WORTHYDEAL LIMITED
Balance Sheet
as at 31 March 2025
Notes
2025
£
2024
£
Fixed assets
Tangible assets 151 202
Investments 69,000 71,600
69,151 71,802
Current assets
Stocks 9,715 14,075
Cash at bank and in hand 34,057 36,970
43,772 51,045
Creditors: amounts falling due within one year 3 (32,434) (36,247)
Net current assets / (liabilities) 11,338 14,798
Total assets less current liabilities 80,489 86,600
Creditors: amounts falling due after more than one year (20,882) (24,993)
Provisions for liabilities (10,657) (11,151)
Total net assets (liabilities) 48,950 50,456
Capital and reserves
Called up share capital 4 1 1
Profit and loss account 48,949 50,455
Shareholders' funds 48,950 50,456

WORTHYDEAL LIMITED
Balance Sheet
as at 31 March 2025



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2025 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.

Signed on behalf of the board of directors

...............................

Mr P Rumbles

Director


Approved by the board on 28 May 2025

Company Number: 02933607 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

The Old Maltings
Ditton Walk
Cambridge
CB5 8PY
England

WORTHYDEAL LIMITED
Notes to the Accounts
for the year ended 31 March 2025

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Plant & machinery 25% Reducing Balance
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
Deferred taxation
Taxation represents the sum of tax currently payable and deferred tax. Current tax is calculated using tax rates that have been enacted or substantially enacted at the end of the reporting period. 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 a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of part of the asset to be recovered.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares that are measured at fair value. Derivative financial instruments are initially recorded at cost and thereafter at fair value. All changes in fair value are recognised in the profit or loss account in the period in which they occurred.
2. Employees
2025 2024
Average number of employees during the period 2 2

3. Creditors: amounts falling due within one year
2025 2024
£ £
Bank Loans & Overdrafts 4,111 4,111
Taxation & social security 2,778 3,715
Other creditors 25,545 28,421
32,434 36,247

4. Share capital
2025 2024
£ £
Allotted, called up and fully paid:
2 (2024: 2) Ordinary shares of £0.50 each 1 1
1 1