ACCOUNTS - Final Accounts preparation

Registered number: 01959873

WORLAND LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

Fletcher and Partners

Chartered Accountants

Salisbury

WORLAND LIMITED

REGISTERED NUMBER: 01959873

BALANCE SHEET

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible assets	4		26		35
Current assets
Debtors: amounts falling due within one year	5	422,090		426,029
Cash at bank and in hand	6	541,224		542,057
		963,314		968,086
Creditors: amounts falling due within one year	7	(26,982)		(18,541)
Net current assets			936,332		949,545
Total assets less current liabilities			936,358		949,580

Net assets			936,358		949,580

Capital and reserves
Called up share capital	2	2
Profit and loss account	936,356	949,578
	936,358	949,580

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P J Kaufeler

Director

Date: 4 December 2025

The notes on pages 2 to 5 form part of these financial statements.

Page 1

WORLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Worland Limited is a private company limited by shares, incorporated in England and Wales, registered number 01959873. Its registered office is 13a Kenway Road, London, SW5 0RP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles	-	25%
Fixtures and fittings	-	25%
Computer equipment	-	25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.3

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured at transaction value, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 2

WORLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.5

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.
Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

2.8

Interest income

Interest income is recognised in profit or loss using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2024 - 2).

Page 3

WORLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

4.	Tangible fixed assets

	Motor vehicles	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 April 2024	20,351	1,040	21,391
At 31 March 2025	20,351	1,040	21,391
Depreciation
At 1 April 2024	20,344	1,012	21,356
Charge for the year on owned assets	2	7	9
At 31 March 2025	20,346	1,019	21,365
Net book value
At 31 March 2025	5	21	26
At 31 March 2024	7	28	35

Page 4

WORLAND LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Debtors

					2025	2024
					£	£


Other debtors	417,881	417,655
Prepayments and accrued income	4,209	8,374
	422,090	426,029

Debtors include a loan of £205,000 to a connected company. Interest is charged at 3.81% over the Lloyds Bank base rate and the loan was repayable in 2022 although the company has not yet requested repayment.

6.	Cash and cash equivalents
		2025	2024
		£	£

	Cash at bank and in hand	541,224	542,057

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other taxation and social security	3,643	3,232
Other creditors	22,397	14,397
Accruals and deferred income	942	912
	26,982	18,541

Page 5