REGISTERED NUMBER: 06225567 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2025

for

World Wide Electrical Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

S F Kight

Miss F E Whitman

S J Deakin

SECRETARY:

REGISTERED OFFICE:

Green Lodge

Church Road

Swindon Village

Cheltenham

Gloucestershire

GL51 9QX

REGISTERED NUMBER:

06225567 (England and Wales)

ACCOUNTANTS:

Trio Accountancy Services Ltd

The Limes

Bayshill Road

Cheltenham

Gloucestershire

GL50 3AW

FIXED ASSETS

Tangible assets

4

11,451

14,065

CURRENT ASSETS

Debtors

5

15,037

23,068

Cash at bank

56,249

29,949

71,286

53,017

CREDITORS

Amounts falling due within one year

6

76,730

48,791

NET CURRENT (LIABILITIES)/ASSETS

(5,444

)

4,226

TOTAL ASSETS LESS CURRENT LIABILITIES

6,007

18,291

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

5,707

17,991

SHAREHOLDERS' FUNDS

6,007

18,291

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 27 November 2025 and were signed on its behalf by:

S F Kight - Director

1.	STATUTORY INFORMATION

World Wide Electrical Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company 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 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 May 2024

17,914

14,182

25,000

18,585

75,681

Additions

-

-

-

(3

)

(3

)

At 30 April 2025

17,914

14,182

25,000

18,582

75,678

DEPRECIATION

At 1 May 2024

14,666

8,384

22,988

15,578

61,616

Charge for year

487

870

503

751

2,611

At 30 April 2025

15,153

9,254

23,491

16,329

64,227

NET BOOK VALUE

At 30 April 2025

2,761

4,928

1,509

2,253

11,451

At 30 April 2024

3,248

5,798

2,012

3,007

14,065

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

15,037

23,068

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade creditors

40,000

15,000

Tax

4,707

7,729

VAT

4,257

3,602

Directors' current accounts

19,361

15,061

Accrued expenses

8,405

7,399

76,730

48,791