REGISTERED NUMBER: 03342996 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

WORLD IN MOTION LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A J Evans

REGISTERED OFFICE:

60-62 Margaret Street

London

W1W 8TF

REGISTERED NUMBER:

03342996 (England and Wales)

ACCOUNTANTS:

Acuity Professional Partnership LLP

Unit 2.02 High Weald House

Glovers End

Bexhill

TN39 5ES

FIXED ASSETS

Tangible assets

4

37,060

54,578

Investments

5

852,000

852,000

889,060

906,578

CURRENT ASSETS

Debtors

6

1,410,349

2,102,825

Cash at bank

509,995

101,105

1,920,344

2,203,930

CREDITORS

Amounts falling due within one year

7

2,327,736

2,586,467

NET CURRENT LIABILITIES

(407,392

)

(382,537

)

TOTAL ASSETS LESS CURRENT LIABILITIES

481,668

524,041

CREDITORS

Amounts falling due after more than one year

8

(192,222

)

(253,443

)

PROVISIONS FOR LIABILITIES

10

(9,265

)

(13,645

)

NET ASSETS

280,181

256,953

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

12

280,179

256,951

SHAREHOLDERS' FUNDS

280,181

256,953

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 his 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 director and authorised for issue on 19 September 2025 and were signed by:

Mr A J Evans - Director

1.	STATUTORY INFORMATION

World In Motion 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.

INVESTMENTS IN SUBSIDIARIES

Investments in subsidiary undertakings are recognised at 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

vehicles

equipment

Totals

£

£

£

Cost

At 1 January 2024

and 31 December 2024

171,430

49,299

220,729

Depreciation

At 1 January 2024

133,664

32,487

166,151

Charge for year

10,849

6,669

17,518

At 31 December 2024

144,513

39,156

183,669

Net book value

At 31 December 2024

26,917

10,143

37,060

At 31 December 2023

37,766

16,812

54,578

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

Cost

At 1 January 2024

and 31 December 2024

852,000

Net book value

At 31 December 2024

852,000

At 31 December 2023

852,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

208,775

1,076,606

Amounts owed by group undertakings

21,859

148,509

Other debtors

1,179,715

877,710

1,410,349

2,102,825

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts (see note 9)

107,000

214,993

Hire purchase contracts

11,271

11,230

Trade creditors

118,177

493,978

Tax

213,227

106,043

Social security and other taxes

238,928

251,638

VAT

465,674

221,398

Other creditors

113,433

392,370

Net wages control

70

-

Tom Fowler

22,500

140,059

Pensions Payable

1,264

1,555

Accrued expenses

1,036,192

753,203

2,327,736

2,586,467

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans (see note 9)

172,209

222,116

Hire purchase contracts

20,013

31,327

192,222

253,443

9.

LOANS

An analysis of the maturity of loans is given below:

2024

2023

£

£

Amounts falling due within one year or on demand:

Bank loans

107,000

214,993

Amounts falling due between one and two years:

Bank loans - 1-2 years

172,209

222,116

10.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

9,265

13,645

Deferred

tax

£

Balance at 1 January 2024

13,645

Credit to Income Statement during year

(4,380

)

Balance at 31 December 2024

9,265

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary A Shares

£0.10

1

1

100

Ordinary B Shares

£0.10

1

1

2

2

12.

RESERVES

Retained

earnings

£

At 1 January 2024

256,951

Profit for the year

243,228

Dividends

(220,000

)

At 31 December 2024

280,179