Worldwide Theatrix Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01243405

Worldwide Theatrix Limited

Unaudited financial statements

31 March 2026

Worldwide Theatrix Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	1,025,848	1,058,821
Investments	6	299,984	760,773
		-----------	-----------
		1,325,832	1,819,594

Current assets

Debtors	7	188,948	154,435
Cash at bank and in hand		712,407	542,715
		---------	---------
		901,355	697,150

Creditors: Amounts falling due within one year	8	( 37,248)		( 99,791)
		---------		---------
Net current assets			864,107		597,359
			-----------		-----------
Total assets less current liabilities			2,189,939		2,416,953

Provisions

Taxation including deferred tax	( 26,154)	( 29,914)
	-----------	-----------
Net assets	2,163,785	2,387,039
	-----------	-----------

Capital and reserves

Called up share capital	14,900	14,900
Revaluation reserve	107,644	126,394
Capital redemption reserve	100,000	100,000
Profit and loss account	1,941,241	2,145,745
	-----------	-----------
Shareholders funds	2,163,785	2,387,039
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 March 2026 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Worldwide Theatrix Limited

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 9 July 2026 , and are signed on behalf of the board by:

R L Croft-Sharland

Director

Company registration number: 01243405

Worldwide Theatrix Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The trading address of the company is 105 Risbygate Street, Bury St Edmunds, IP33 3AA.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable in the ordinary course of business, and is shown net of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Rental income is recognised on an accruals basis in line with lease terms and arises solely in the UK. All other income is accounted for on a receivable basis.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Freehold property	-	2% straight line
Computer equipment	-	25% straight line
Equipment and props	-	15% reducing balance

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

4. Employee numbers

The average number of employees during the year was 8 (2025: 8 ).

5. Tangible assets

	Investment property	Freehold property	Fixtures and fittings	Equipment	Total
	£	£	£	£	£
Cost or valuation
At 1 April 2025	300,000	796,798	4,727	26,583	1,128,108
Additions	–	–	8,682	2,218	10,900
Revaluations	( 25,000)	–	–	–	( 25,000)
	---------	---------	-------	-------	-----------
At 31 March 2026	275,000	796,798	13,409	28,801	1,114,008
	---------	---------	-------	-------	-----------
Depreciation
At 1 April 2025	–	50,113	4,290	14,884	69,287
Charge for the year	–	15,936	996	1,941	18,873
	---------	---------	-------	-------	-----------
At 31 March 2026	–	66,049	5,286	16,825	88,160
	---------	---------	-------	-------	-----------
Carrying amount
At 31 March 2026	275,000	730,749	8,123	11,976	1,025,848
	---------	---------	-------	-------	-----------
At 31 March 2025	300,000	746,685	437	11,699	1,058,821
	---------	---------	-------	-------	-----------

The company owns the rights to certain works created by the late D Croft. The market value of these rights is substantial but, in the absence of any intention to dispose of same, the directors do not believe that the costs of obtaining a professional valuation of the rights would be commensurate with any benefits derived therefrom. Investment property comprises of one property. The fair value of the Company's investment property at 31 March 2026 has been determined by the directors. In arriving at this valuation, the directors considered evidence of transaction prices for similar properties and other relevant data available at the reporting date. The valuation has been made on an open market value basis and reflects the directors' assessment of fair value in light of current economic conditions.

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

	Investment property
	£
At 31 March 2026
Aggregate cost	232,000
Aggregate depreciation	–
	---------
Carrying value	232,000
	---------

At 31 March 2025
Aggregate cost	232,000
Aggregate depreciation	–
	---------
Carrying value	232,000
	---------

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2025	798,273
Additions	190,448
Disposals	( 688,737)
	---------
At 31 March 2026	299,984
	---------
Impairment
At 1 April 2025	37,500
Disposals	( 37,500)
	---------
At 31 March 2026	–
	---------

Carrying amount
At 31 March 2026	299,984
	---------
At 31 March 2025	760,773
	---------

7. Debtors

	2026	2025
	£	£
Trade debtors	1,259	746
Other debtors	187,689	153,689
	---------	---------
	188,948	154,435
	---------	---------

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	2,888	4,047
Social security and other taxes	23,561	88,888
Other creditors	10,799	6,856
	-------	-------
	37,248	99,791
	-------	-------

9. Directors' advances, credits and guarantees

Included within debtors at the year end are directors loan accounts totalling £116,144 (2025: £82,548). Interest was charged at the official rate of £3,576 (2025: £1,817). The maximum overdrawn balance during the year was £142,568 (2025: £82,548).