WORLDWIDE BEARING TRADE LTD

WORLDWIDE BEARING TRADE LTD
Contents Page
For the year ended 31 July 2025

Company information	1
Directors' report	2
Accountants' report	3
Statement of financial position	4
Statement of changes in equity	5
Notes to the financial statements	6

WORLDWIDE BEARING TRADE LTD
Company Information
For the year ended 31 July 2025

Director	Oleg Saralidze
Registered Number	12130539
Registered Office	85 GREAT PORTLAND STREET, FIRST FLOOR LONDON ENGLAND W1W 7LT
Accountants	WORLDWIDE BEARING TRADE LTD 85 GREAT PORTLAND STREET, FIRST FLOOR LONDON W1W 7LT
Secretary	Elizabeth Penelope Westhead

1

WORLDWIDE BEARING TRADE LTD
Directors' Report
For the year ended 31 July 2025

Director's report and financial statements

The directors present his/her/their annual report and the financial statements for the year ended 31 July 2025

Principal activities

Company conducts trade and procurement activities and is a supplier of components, equipment, various goods related to mechanical engineering and consumer goods, which it purchases from companies from Southeast Asia and sells on the territory Eastern Europe, the Baltic countries.

Directors

The directors who served the company throughout the year were as follows:

HOLIKOV Yan

Statement of directors' responsibilities

The directors are responsible for preparing the directors report and the financial statements in accordance with applicable law and regulation.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to

select suitable accounting policies and then apply them consistently

make judgments and accounting estimates that are reasonable and prudent

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business

The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Oleg Saralidze
Director

Date approved: 13 May 2026

2

WORLDWIDE BEARING TRADE LTD Accountants' Report For the year ended 31 July 2025
Accountants report You consider that the company is exempt from an audit for the year ended 31 July 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. WORLDWIDE BEARING TRADE LTD 31 July 2025 .................................................... WORLDWIDE BEARING TRADE LTD 85 GREAT PORTLAND STREET, FIRST FLOOR LONDON W1W 7LT 13 May 2026 3

WORLDWIDE BEARING TRADE LTD
Accountants' Report
For the year ended 31 July 2025

Accountants report You consider that the company is exempt from an audit for the year ended 31 July 2025 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year. In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us. We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts. WORLDWIDE BEARING TRADE LTD 31 July 2025

....................................................

WORLDWIDE BEARING TRADE LTD
85 GREAT PORTLAND STREET, FIRST FLOOR
LONDON
W1W 7LT
13 May 2026

3

WORLDWIDE BEARING TRADE LTD
Statement of Financial Position
As at 31 July 2025

	Notes	2025 £	2024 £
Current assets
Debtors	3	44,844	49,741
Cash at bank and in hand		5,343	87,017
		50,187	136,758
Creditors: amount falling due within one year	4	(17,881)	(113,154)
Net current assets		32,306	23,604

Total assets less current liabilities		32,306	23,604
Net assets		32,306	23,604

Capital and reserves
Called up share capital	5	1,000	1,000
Profit and loss account		31,306	22,604
Shareholders' funds		32,306	23,604

For the year ended 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 13 May 2026 and were signed on its behalf by:

-------------------------------
Oleg Saralidze
Director

4

WORLDWIDE BEARING TRADE LTD
Statement of Changes in Equity
For the year ended 31 July 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 August 2023	1,000	14,822	15,822
Profit for the year		7,782	7,782
Total comprehensive income for the year	-	7,782	7,782
Total investments by and distributions to owners	-	-	-
At 31 July 2024	1,000	22,604	23,604
At 01 August 2024	1,000	22,604	23,604
Profit for the year		8,702	8,702
Total comprehensive income for the year	-	8,702	8,702
Total investments by and distributions to owners	-	-	-
At 31 July 2025	1,000	31,306	32,306

5

WORLDWIDE BEARING TRADE LTD
Notes to the Financial Statements
For the year ended 31 July 2025

General Information

WORLDWIDE BEARING TRADE LTD is a private company, limited by shares, registered in England and Wales, registration number 12130539, registration address 85 GREAT PORTLAND STREET, FIRST FLOOR, LONDON, ENGLAND, W1W 7LT. The trading address of the company is URIEKSTES, 18, RIGA, LATVIA, LV-1005.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	44,844		49,741
	44,844		49,741

4.

Creditors: amount falling due within one year

	2025 £		2024 £
Other Creditors	17,881		113,154
	17,881		113,154

5.

Share Capital

Authorised
1,000 Class A shares of £1.00 each

Allotted, called up and fully paid	2025 £		2024 £
1,000 Class A shares of £1.00 each	1,000		1,000
	1,000		1,000

6

Registered Number: 12130539
England and Wales
WORLDWIDE BEARING TRADE LTD

Unaudited Financial Statements

Period of accounts Start date: 01 August 2024 End date: 31 July 2025