Registration number: 04368616

Annual Report and Financial Statements

for the Year Ended 31 March 2026 

Ballards LLP
Chartered Accountants
Oakmoore Court
11c Kingswood Road
Hampton Lovett
Droitwich
Worcestershire
WR9 0QH

​Directors

B R Cobb
P A Patterson

The Company's financial statements have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444(5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the profit and loss account.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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

Date: 26 June 2026 

The notes 4 on to 7 form part of these financial statements.

World Class Industries Limited is a private company limited by share capital, incorporated in England & Wales. 

The address of its registered office is
C/O Mfg Solicitors​
20-21 The Tything​
​
Worcester​
Worcestershire​

The financial statements have been prepared under the historic cost convention unless otherwise specified within these accounting policies and in accordance with ​Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (FRS 102) and the Companies Act 2006.

The Company's functional and presentational currency is the Pound Sterling.

The financial statements have been prepared on a basis other than going concern. Subsequent to the year end, the directors have decided to cease trading and close the company within 12 months of the date of approval of these financial statements. The directors have assessed the impact of this decision on the company’s financial position and are satisfied that the carrying amounts of assets and liabilities remain appropriate and that no material adjustments are required.

Tax is recognised in profit or loss except that a charge attributable to an item recognised in other comprehensive income or directly in equity. In this case, the tax is recognised in other comprehensive income or directly in equity respectively.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company ​operates​​ and generates​​ income.

Cash and cash equivalents include cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when a shareholders' written resolution is passed.

The average number of persons employed by the company (including directors) during the year, was 3  (2025 - 3 ).