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Company Registration No. 10546505 (England and Wales)
WORLDWIDE FURNITURE LONDON LIMITED Unaudited accounts for the year ended 31 January 2025
WORLDWIDE FURNITURE LONDON LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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WORLDWIDE FURNITURE LONDON LIMITED Company Information for the year ended 31 January 2025
Director
Syed Muhammad Ali SHAH
Company Number
10546505 (England and Wales)
Registered Office
76 CANTERBURY ROAD CROYDON CR0 3HA UNITED KINGDOM
Accountants
Bismil Accountants Certified Accountants and Tax Advisors Challenge House 616 Mitcham Road Croydon CR0 3AA
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WORLDWIDE FURNITURE LONDON LIMITED Statement of financial position as at 31 January 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,581
3,147
Current assets
Inventories
55,244
55,346
Debtors
5
25,927
25,918
Cash at bank and in hand
46,668
6,235
127,839
87,499
Creditors: amounts falling due within one year
6
(133,164)
(105,149)
Net current liabilities
(5,325)
(17,650)
Total assets less current liabilities
(2,744)
(14,503)
Creditors: amounts falling due after more than one year
7
(23,842)
(33,277)
Net liabilities
(26,586)
(47,780)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(26,588)
(47,782)
Shareholders' funds
(26,586)
(47,780)
For the year ending 31 January 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 31 August 2025 and were signed on its behalf by
Syed Muhammad Ali SHAH Director Company Registration No. 10546505
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WORLDWIDE FURNITURE LONDON LIMITED Notes to the Accounts for the year ended 31 January 2025
1
Statutory information
WORLDWIDE FURNITURE LONDON LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10546505. The registered office is 76 CANTERBURY ROAD, CROYDON, CR0 3HA, UNITED KINGDOM.
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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 February 2024
950
12,050
13,000
At 31 January 2025
950
12,050
13,000
Depreciation
At 1 February 2024
722
9,131
9,853
Charge for the year
41
525
566
At 31 January 2025
763
9,656
10,419
Net book value
At 31 January 2025
187
2,394
2,581
At 31 January 2024
228
2,919
3,147
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,142
1,133
Other debtors
24,785
24,785
25,927
25,918
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WORLDWIDE FURNITURE LONDON LIMITED Notes to the Accounts for the year ended 31 January 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,264
5,264
Taxes and social security
2,945
3,985
Other creditors
49,996
49,996
Loans from directors
73,459
44,404
Accruals
1,500
1,500
133,164
105,149
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
20,390
29,733
Other creditors
3,452
3,544
23,842
33,277
8
Average number of employees
During the year the average number of employees was 3 (2024: 3).
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