1 January 2024 v2025.79.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activity00falsetruexbrli:purexbrli:sharesiso4217:GBP120499562024-01-012024-12-31120499562024-12-31120499562023-12-3112049956core:WithinOneYear2024-12-3112049956core:WithinOneYear2023-12-3112049956core:ShareCapital2024-12-3112049956core:ShareCapital2023-12-3112049956core:RetainedEarningsAccumulatedLosses2024-12-3112049956core:RetainedEarningsAccumulatedLosses2023-12-3112049956bus:Director12024-01-012024-12-3112049956bus:RegisteredOffice2024-01-012024-12-3112049956core:LandBuildings2024-01-012024-12-3112049956core:FurnitureFittings2024-01-012024-12-3112049956core:PlantMachinery2024-01-01120499562024-01-0112049956core:PlantMachinery2024-01-012024-12-3112049956core:LandBuildings2024-12-3112049956core:PlantMachinery2024-12-3112049956core:PlantMachinery2023-12-311204995612024-01-012024-12-31120499562023-01-012023-12-3112049956countries:EnglandWales2024-01-012024-12-3112049956bus:AuditExemptWithAccountantsReport2024-01-012024-12-3112049956bus:PrivateLimitedCompanyLtd2024-01-012024-12-3112049956bus:SmallEntities2024-01-012024-12-3112049956bus:FullAccounts2024-01-012024-12-31
Company registration number:
12049956
WWUK2 Ltd
Unaudited Filleted Financial Statements for the year ended
31 December 2024
WWUK2 Ltd
Statement of Financial Position
31 December 2024
20242023
Note££
Fixed assets    
Tangible assets 5
46,977
 
1,027
 
Current assets    
Debtors 6
14,214
 
15,893
 
Cash at bank and in hand
105
 
2
 
14,319
 
15,895
 
Creditors: amounts falling due within one year 7
(168,481
 )
(120,540
 )
Net current liabilities
(154,162
 )
(104,645
 )
Total assets less current liabilities (107,185 ) (103,618 )
Capital and reserves    
Called up share capital
1
 
1
 
Profit and loss account
(107,186
 )
(103,619
 )
Shareholders deficit
(107,185
 )
(103,618
 )
For the year ending
31 December 2024
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
8 December 2025
, and are signed on behalf of the board by:
Mr Rami Awada
Director
Company registration number:
12049956
WWUK2 Ltd
Notes to the Financial Statements
Year ended
31 December 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
98 Lancaster Road, Newcastle-Under-Lyme
,
Staffordshire
,
Newcastle
,
ST5 1DS
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Land and buildings
20% straight line
Fixtures and fittings
25% reducing line

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.

4 Average number of employees

The average number of persons employed by the company during the year was nil (2023: nil).

5 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 January 2024
 -  
1,340
 
1,340
 
Additions
6,500
 
41,449
 
47,949
 
Disposals -  
(1,340
 )
(1,340
 )
At
31 December 2024
6,500
 
41,449
 
47,949
 
Depreciation      
At
1 January 2024
 -  
313
 
313
 
Charge
108
 
864
 
972
 
Disposals -  
(313
 )
(313
 )
At
31 December 2024
108
 
864
 
972
 
Carrying amount      
At
31 December 2024
6,392
 
40,585
 
46,977
 
At 31 December 2023 -  
1,027
 
1,027
 

6 Debtors

20242023
££
Trade debtors
12,610
 
15,593
 
Other debtors
1,604
 
300
 
14,214
 
15,893
 

7 Creditors: amounts falling due within one year

20242023
££
Trade creditors
21,831
 
16,375
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
145,897
 
103,412
 
Other creditors
753
 
753
 
168,481
 
120,540
 

9 Controlling party

Mr Rami Awada and Mr Nader Awada are the ultimate controlling parties by virtue of their equal shareholding in AAA Investment House Limited. (Company Number : 09757058).

10 Going concern

As reflected within these financial statements, the company has reported a trading loss of £3,567 (2023: £2,754) and has an accumulated loss of £107,186 (2023: £103,619)
Assuming the continued financial support of the other group undertakings, it is the view of the director that the company will continue in operational existence in the foreseeable future and will be able to meet its liabilities as they fall due.
Accordingly, the financial statements have been prepared on the going concern basis.