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REGISTERED NUMBER: OC339780 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Wondernet Express LLP

Wondernet Express LLP (Registered number: OC339780)






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




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wondernet Express LLP

General Information
for the Year Ended 31 December 2024







DESIGNATED MEMBERS: Global Logistics LLC
Worldwide Logistics LLC





REGISTERED OFFICE: 286a, Block E
2nd Floor Chase Road
London
N14 6HF





REGISTERED NUMBER: OC339780 (England and Wales)





ACCOUNTANTS: Georgiou & Prasanna LLP
Block E, 2nd Floor
286a Chase Road
London
N14 6HF

Wondernet Express LLP (Registered number: OC339780)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes $    $   
FIXED ASSETS
Tangible assets 4 662,500 712,500
Investments 5 150,000 150,000
812,500 862,500

CURRENT ASSETS
Debtors 6 20,997,432 20,778,615
Cash at bank 153,827 202,657
21,151,259 20,981,272
CREDITORS
Amounts falling due within one year 7 (21,963,284 ) (21,843,297 )
NET CURRENT LIABILITIES (812,025 ) (862,025 )
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

475

475


LOANS AND OTHER DEBTS DUE TO
MEMBERS

-

-

MEMBERS' OTHER INTERESTS
Capital accounts 475 475
475 475

TOTAL MEMBERS' INTERESTS
Members' other interests 475 475
Amounts due from members 6 (2,158,338 ) (1,848,723 )
(2,157,863 ) (1,848,248 )

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 December 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Wondernet Express LLP (Registered number: OC339780)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 9 October 2025 and were signed by:





Global Logistics LLC - Designated member

Wondernet Express LLP (Registered number: OC339780)

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

1. STATUTORY INFORMATION

Wondernet Express LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

Land and buildings - straight line

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

3. EMPLOYEE INFORMATION

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
$   
COST
At 1 January 2024
and 31 December 2024 1,000,000
DEPRECIATION
At 1 January 2024 287,500
Charge for year 50,000
At 31 December 2024 337,500
NET BOOK VALUE
At 31 December 2024 662,500
At 31 December 2023 712,500

Wondernet Express LLP (Registered number: OC339780)

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
$   
COST
At 1 January 2024
and 31 December 2024 150,000
NET BOOK VALUE
At 31 December 2024 150,000
At 31 December 2023 150,000

6. DEBTORS
31.12.24 31.12.23
$    $   
Amounts falling due within one year:
Trade debtors 1,129,117 1,129,117
Other debtors 5,996,308 5,687,491
7,125,425 6,816,608

Amounts falling due after more than one year:
Other debtors 13,872,007 13,962,007

Aggregate amounts 20,997,432 20,778,615

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
$    $   
Trade creditors 21,963,284 21,843,297