REGISTERED NUMBER: SC235907 (Scotland)

CCW WORLD LIMITED

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D Maclean

D J Morrison

D K Morrison

SECRETARY:

REGISTERED OFFICE:

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

REGISTERED NUMBER:

SC235907 (Scotland)

ACCOUNTANTS:

Mann Judd Gordon Ltd

Chartered Accountants

26 Lewis Street

Stornoway

Isle of Lewis

HS1 2JF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

360,683

388,232

360,683

388,232

CURRENT ASSETS

Stocks

6

130,441

143,071

Debtors

7

55,952

50,342

Cash at bank

154,245

220,686

340,638

414,099

CREDITORS

Amounts falling due within one year

8

250,984

339,292

NET CURRENT ASSETS

89,654

74,807

TOTAL ASSETS LESS CURRENT LIABILITIES

450,337

463,039

CREDITORS

Amounts falling due after more than one year

9

(5,536

)

(13,156

)

PROVISIONS FOR LIABILITIES

(13,561

)

(12,709

)

NET ASSETS

431,240

437,174

CAPITAL AND RESERVES

Called up share capital

1,500

1,500

Retained earnings

429,740

435,674

SHAREHOLDERS' FUNDS

431,240

437,174

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 26 August 2025 and were signed on its behalf by:

D J Morrison - Director

D Maclean - Director

D K Morrison - Director

1.	STATUTORY INFORMATION

CCW World Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The accounts are rounded to the nearest £1.

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 2003, is being amortised evenly over its estimated useful life of ten 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.

Improvements to property

-

20% depreciation on cost

Plant and machinery

-

25% depreciation on reducing balance

Fixtures and fittings

-

25% depreciation on reducing balance

Motor vehicles

-

25% depreciation on reducing balance

Computer equipment

-

25% depreciation on cost

Stocks

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

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 6 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

270,000

AMORTISATION

At 1 April 2024

and 31 March 2025

270,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1 April 2024

and 31 March 2025

320,000

69,948

1,788

DEPRECIATION

At 1 April 2024

-

55,959

1,415

Charge for year

-

13,989

93

At 31 March 2025

-

69,948

1,508

NET BOOK VALUE

At 31 March 2025

320,000

-

280

At 31 March 2024

320,000

13,989

373

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

10,695

94,708

2,228

499,367

DEPRECIATION

At 1 April 2024

10,099

41,434

2,228

111,135

Charge for year

149

13,318

-

27,549

At 31 March 2025

10,248

54,752

2,228

138,684

NET BOOK VALUE

At 31 March 2025

447

39,956

-

360,683

At 31 March 2024

596

53,274

-

388,232

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

130,441

143,071

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

55,952

50,342

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

7,620

6,870

Trade creditors

55,189

46,389

Taxation and social security

58,499

55,784

Other creditors

129,676

230,249

250,984

339,292

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Hire purchase contracts

5,536

13,156

10.	RELATED PARTY DISCLOSURES

There are no director's loans at the year end (2024 : £22,315).

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by its directors.