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REGISTERED NUMBER: 02431831 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

World Wide Group Limited

World Wide Group Limited (Registered number: 02431831)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


World Wide Group Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mrs K Y Hayes





REGISTERED OFFICE: Unit 7 Madison Court
George Mann Road
Leeds
West Yorkshire
LS10 1DX





REGISTERED NUMBER: 02431831 (England and Wales)





ACCOUNTANTS: Malcolm Jones & Co LLP
Accountants and Business Advisors
West Hill House
Allerton Hill
Chapel Allerton
Leeds
LS7 3QB

World Wide Group Limited (Registered number: 02431831)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 26,164 29,388
Investments 5 2,621 2,621
28,785 32,009

CURRENT ASSETS
Debtors 6 676,509 734,313
Cash at bank and in hand 301,341 145,662
977,850 879,975
CREDITORS
Amounts falling due within one year 7 342,699 374,930
NET CURRENT ASSETS 635,151 505,045
TOTAL ASSETS LESS CURRENT
LIABILITIES

663,936

537,054

CREDITORS
Amounts falling due after more than one
year

8

(63,213

)

(42,204

)

PROVISIONS FOR LIABILITIES (4,337 ) (4,958 )
NET ASSETS 596,386 489,892

CAPITAL AND RESERVES
Called up share capital 57,143 57,143
Capital redemption reserve 60,000 60,000
Merger relief reserve 2,372 2,372
Retained earnings 476,871 370,377
SHAREHOLDERS' FUNDS 596,386 489,892

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

World Wide Group Limited (Registered number: 02431831)

Balance Sheet - continued
31 December 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 9 June 2025 and were signed by:





Mrs K Y Hayes - Director


World Wide Group Limited (Registered number: 02431831)

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

1. STATUTORY INFORMATION

World Wide Group 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.

Preparation of consolidated financial statements
The financial statements contain information about World Wide Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover represents revenue earned from the rendering of services, excluding VAT. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual value over their useful lives on the following basis:

Plant and machinery etc - 25% on cost and 20% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax.

Current tax is calculated 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 material timing differences between the carrying amounts of fixed assets in the financial statements and the corresponding tax bases used in the computation of taxable profit. Unrelieved tax losses are reviewed annually and only recognised to the extent that they will be recovered against future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Stocks and work in progress
Stocks and work in progress are stated at the lower of cost and net realisable value.

World Wide Group Limited (Registered number: 02431831)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 67,090
Additions 8,846
At 31 December 2024 75,936
DEPRECIATION
At 1 January 2024 37,702
Charge for year 12,070
At 31 December 2024 49,772
NET BOOK VALUE
At 31 December 2024 26,164
At 31 December 2023 29,388

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 2,621
NET BOOK VALUE
At 31 December 2024 2,621
At 31 December 2023 2,621

6. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 144,794 336,836
Other debtors 291,715 157,477
436,509 494,313

Amounts falling due after more than one year:
Amounts owed by group undertakings 240,000 240,000

Aggregate amounts 676,509 734,313

World Wide Group Limited (Registered number: 02431831)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 74,126 67,460
Trade creditors 83,005 124,312
Amounts owed to group undertakings 3,155 3,155
Taxation and social security 97,542 92,344
Other creditors 84,871 87,659
342,699 374,930

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 63,213 42,204

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24 31.12.23
£    £   
Mrs K Y Hayes
Balance outstanding at start of year 45,493 32,425
Amounts advanced 71,561 13,068
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 117,054 45,493