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Company Registration No. 9465751 (England and Wales)
World Links Ltd Unaudited accounts for the year ended 31 March 2025
World Links Ltd Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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World Links Ltd Company Information for the year ended 31 March 2025
Director
Kun Gao
Company Number
9465751 (England and Wales)
Registered Office
124 City Road London EC1V 2NX
Accountants
Fortune UK Accountants Ltd 4a Nelson Road London GB SE10 9JB
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of World Links Ltd for the year ended 31 March 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of World Links Ltd for the year ended 31 March 2025 as set out on pages 5 - 8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Fortune UK Accountants Ltd Chartered Certified Accountants 4a Nelson Road London GB SE10 9JB 4 November 2025
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World Links Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
5
1,194
1,456
Current assets
Inventories
6
160,620
160,620
Debtors
7
10,452
10,505
Cash at bank and in hand
297
1,408
171,369
172,533
Creditors: amounts falling due within one year
8
(91,517)
(88,167)
Net current assets
79,852
84,366
Total assets less current liabilities
81,046
85,822
Creditors: amounts falling due after more than one year
9
(555,740)
(558,985)
Net liabilities
(474,694)
(473,163)
Capital and reserves
Called up share capital
10
1
1
Profit and loss account
(474,695)
(473,164)
Shareholders' funds
(474,694)
(473,163)
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 November 2025 and were signed on its behalf by
Kun Gao Director Company Registration No. 9465751
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World Links Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
World Links Ltd is a private company, limited by shares, registered in England and Wales, registration number 9465751. The registered office is 124 City Road , London , EC1V 2NX .
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% Reducing Balance
4
Intangible fixed assets
Other
£
Cost
At 1 April 2024
76,529
At 31 March 2025
76,529
Amortisation
At 1 April 2024
76,529
At 31 March 2025
76,529
Net book value
At 31 March 2025
-
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World Links Ltd Notes to the Accounts for the year ended 31 March 2025
5
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
2,166
At 31 March 2025
2,166
Depreciation
At 1 April 2024
710
Charge for the year
262
At 31 March 2025
972
Net book value
At 31 March 2025
1,194
At 31 March 2024
1,456
6
Inventories
2025
2024
£
£
Finished goods
160,620
160,620
160,620
160,620
The stock has been reinstated by GBP15,1889 which has been previously expensed in the tax year of 2016 & 2017 & 2019. Therefore the Prior year Profit and Loss Account brought forward has been adjusted accordingly.
7
Debtors
2025
2024
£
£
Amounts falling due within one year
VAT
2
55
Other debtors
10,450
10,450
10,452
10,505
8
Creditors: amounts falling due within one year
2025
2024
£
£
Loans from directors
90,557
87,207
Accruals
960
960
91,517
88,167
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World Links Ltd Notes to the Accounts for the year ended 31 March 2025
9
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
14,240
17,485
Other creditors
541,500
541,500
555,740
558,985
Other creditors are made of Director's investment funds Director's loan account 19/05/2015 Unsecured Director's Loan £10,000.00 12/01/2017 Unsecured Director's Loan £10,000.00 22/05/2015 Unsecured Director's Loan £10,000.00 19/01/2017 Unsecured Director's Loan £20,000.00 24/05/2015 Unsecured Director's Loan £10,000.00 07/03/2017 Unsecured Director's Loan £10,000.00 25/05/2015 Unsecured Director's Loan £10,000.00 22/08/2017 Unsecured Director's Loan £9,500.00 26/05/2015 Unsecured Director's Loan £10,000.00 21/09/2017 Unsecured Director's Loan £4,000.00 27/05/2015 Unsecured Director's Loan £10,000.00 10/10/2017 Unsecured Director's Loan £6,000.00 28/05/2015 Unsecured Director's Loan £10,000.00 03/04/2017 Unsecured Director's Loan £5,000.00 29/05/2015 Unsecured Director's Loan £10,000.00 04/04/2018 Unsecured Director's Loan £2,000.00 31/05/2015 Unsecured Director's Loan £10,000.00 09/04/2018 Unsecured Director's Loan £9,000.00 01/06/2015 Unsecured Director's Loan £10,000.00 05/31/2018 Unsecured Director's Loan £2,000.00 02/06/2015 Unsecured Director's Loan £10,000.00 28/06/2018 Unsecured Director's Loan £2,000.00 08/06/2015 Unsecured Director's Loan £10,000.00 31/07/2018 Unsecured Director's Loan £2,000.00 10/06/2015 Unsecured Director's Loan £10,000.00 26/09/2018 Unsecured Director's Loan £6,000.00 11/06/2015 Unsecured Director's Loan £10,000.00 01/10/2018 Unsecured Director's Loan £6,000.00 12/06/2015 Unsecured Director's Loan £10,000.00 12/11/2018 Unsecured Director's Loan £6,000.00 14/06/2015 Unsecured Director's Loan £10,000.00 31/01/2019 Unsecured Director's Loan £3,000.00 16/06/2015 Unsecured Director's Loan £10,000.00 01/03/2019 Unsecured Director's Loan £10,000.00 17/06/2015 Unsecured Director's Loan £10,000.00 11/03/2019 Unsecured Director's Loan £10,000.00 18/06/2015 Unsecured Director's Loan £10,000.00 30/07/2019 Unsecured Director's Loan £8,000.00 19/06/2015 Unsecured Director's Loan £10,000.00 29/12/2019 Unsecured Director's Loan £6,000.00 12/01/2016 Unsecured Director's Loan £10,000.00 18/03/2020 Unsecured Director's Loan £10,000.00 11/01/2016 Unsecured Director's Loan £10,000.00 19/03/2020 Unsecured Director's Loan £10,000.00 31/03/2016 Unsecured Director's Loan £10,000.00 20/03/2020 Unsecured Director's Loan £10,000.00 01/04/2016 Unsecured Director's Loan £10,000.00 21/03/2020 Unsecured Director's Loan £10,000.00 02/04/2016 Unsecured Director's Loan £10,000.00 22/03/2020 Unsecured Director's Loan £10,000.00 03/04/2016 Unsecured Director's Loan £10,000.00 23/03/2020 Unsecured Director's Loan £10,000.00 05/04/2016 Unsecured Director's Loan £10,000.00 24/03/2020 Unsecured Director's Loan £10,000.00 06/04/2016 Unsecured Director's Loan £10,000.00 TOTAL £541,500.00 07/04/2016 Unsecured Director's Loan £10,000.00 21/11/2016 Unsecured Director's Loan £10,000.00 01/12/2016 Unsecured Director's Loan £20,000.00 04/01/2017 Unsecured Director's Loan £15,000.00
10
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
11
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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