REGISTERED NUMBER: 08135950 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

WORTHWHILE IDEAS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

M Svoboda

Mrs K Svobodova

D Svoboda

REGISTERED OFFICE:

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

REGISTERED NUMBER:

08135950 (England and Wales)

ACCOUNTANTS:

Advanta

Chartered Accountants

29 Gildredge Road

Eastbourne

East Sussex

BN21 4RU

FIXED ASSETS

Tangible assets

4

-

-

Investments

5

24

24

Investment property

6

632,497

632,497

632,521

632,521

CURRENT ASSETS

Debtors

7

165,012

174,113

Cash at bank

5,117

19,987

170,129

194,100

CREDITORS

Amounts falling due within one year

8

10,412

5,021

NET CURRENT ASSETS

159,717

189,079

TOTAL ASSETS LESS CURRENT LIABILITIES

792,238

821,600

CAPITAL AND RESERVES

Called up share capital

101

101

Fair value reserve

9

(72,412

)

(72,412

)

Retained earnings

864,549

893,911

SHAREHOLDERS' FUNDS

792,238

821,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 8 June 2026 and were signed on its behalf by:

M Svoboda - Director

1.	STATUTORY INFORMATION

Worthwhile Ideas Limited 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents rents receivable and is recognised upon receipt.

Tangible fixed assets

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

Computer equipment

-

Over 3 years

Investment properties

Investment property is shown at fair value. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Income recognition

Rental income represents income receivable from property lettings, and is recognised on an accruals basis.

Interest income represents interest receivable from loans made by the company, and is recognised on an accruals basis over the term of the loan.

Fixed asset investments

Investments in fixed assets are stated as cost less impairment. The cost of the investments is assessed for indicators of impairment at the end of each reporting period.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2025

4,006

Disposals

(765

)

At 31 March 2026

3,241

DEPRECIATION

At 1 April 2025

4,006

Eliminated on disposal

(765

)

At 31 March 2026

3,241

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

and 31 March 2026

24

NET BOOK VALUE

At 31 March 2026

24

At 31 March 2025

24

Fixed asset investments are held at cost.

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

632,497

NET BOOK VALUE

At 31 March 2026

632,497

At 31 March 2025

632,497

Fair value at 31 March 2026 is represented by:

£

Valuation in 2024

(99,533

)

Valuation in 2025

27,121

Cost

704,909

632,497

If investment property had not been revalued it would have been included at the following historical cost:

2026

2025

£

£

Cost

704,909

704,909

Investment property was valued on an open market basis on 31 March 2026 by the director .

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other debtors

164,472

172,500

Tax

-

173

Prepayments

540

1,440

165,012

174,113

Debtors include a loan of £161,471 (2025: £172,100) to a connected company. The loan is unsecured, repayable on demand and interest-free.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Tax

5,732

-

Other creditors

3,000

3,042

Accrued expenses

1,680

1,979

10,412

5,021

Other creditors include deposits of £3,000 (2025: £3,000) which are repayable on demand but are unlikely to be repaid within the next 12 months.

9.

RESERVES

Fair

value

reserve

£

At 1 April 2025

and 31 March 2026

(72,412

)

10.	RELATED PARTY DISCLOSURES

During the year the company has a loan outstanding of £161,471 (2025: £172,100) to a connected company (see note 8). The loan is repayable on demand and interest-free. During the year £10,629 was repaid.