REGISTERED NUMBER: 01027368 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

WORLDWIDE ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr C J Joyner

Mrs J M Peck

Ms C J Joyner

SECRETARY:

Dr C J Joyner

REGISTERED OFFICE:

The Galleries

Charters Road

Sunningdale

Ascot

Berkshire

SL5 9QJ

REGISTERED NUMBER:

01027368 (England and Wales)

ACCOUNTANTS:

Stewart & Co Accountants LLP

Chartered Accountants

Knoll House

Knoll Road

Camberley

Surrey

GU15 3SY

FIXED ASSETS

Tangible assets

4

697

1,255

Investments

5

5,000

5,000

5,697

6,255

CURRENT ASSETS

Stocks

6,768

6,768

Debtors

6

4,100,280

3,980,000

Investments

7

28,107,492

26,389,878

Cash at bank

245,466

199,338

32,460,006

30,575,984

CREDITORS

Amounts falling due within one year

8

2,217,665

2,277,255

NET CURRENT ASSETS

30,242,341

28,298,729

TOTAL ASSETS LESS CURRENT LIABILITIES

30,248,038

28,304,984

PROVISIONS FOR LIABILITIES

669,697

546,438

NET ASSETS

29,578,341

27,758,546

CAPITAL AND RESERVES

Called up share capital

19,200

19,200

Capital redemption reserve

5,800

5,800

Other reserve

2,678,787

2,185,754

Retained earnings

26,874,554

25,547,792

29,578,341

27,758,546

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 25 August 2026 and were signed on its behalf by:

Dr C J Joyner - Director

1.	STATUTORY INFORMATION

Worldwide Estates 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.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Significant judgement and estimates

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue to operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover and other income

Turnover is measured at the fair value of consideration received or receivable, excluding discounts, rebates, value added taxes and other sales taxes.

Turnover relates to rental income invoiced quarterly during the period of occupancy.

Other income relates to investment income in the form of interest and dividends generated from the company's principal activity of holding investments and is recognised when the the company has the right to receive the income.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest rate method.

Equity instruments

Equity instruments issued by the company are recorded at proceeds received, net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

and 31 March 2026

5,801

DEPRECIATION

At 1 April 2025

4,546

Charge for year

558

At 31 March 2026

5,104

NET BOOK VALUE

At 31 March 2026

697

At 31 March 2025

1,255

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

5,000

NET BOOK VALUE

At 31 March 2026

5,000

At 31 March 2025

5,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed by associates

4,100,000

3,980,000

Other debtors

280

-

4,100,280

3,980,000

Included within total debtors at the balance sheet date is, as above, a balance of £4,100,000 (2025 : £3,980,000) due from a company connected by virtue of common directors and shareholders. The balance is interest free, unsecured and payable on demand.

7.	CURRENT ASSET INVESTMENTS

2026

2025

£

£

Listed investments

28,107,492

26,389,878

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Amounts owed to associates

1,663,462

1,748,462

Taxation and social security

482,410

453,419

Other creditors

71,793

75,374

2,217,665

2,277,255

Included within total creditors at the balance sheet date is, as above, a combined balance of £1,663,462 (2025 : £1,748,462) due to companies connected by virtue of common directors and shareholders. The balances are interest free, unsecured and repayable on demand.

9.	RELATED PARTY DISCLOSURES

Included within total overall debtors at the balance sheet date is a balance of £4,100,000 (2025 : £3,980,000) due from a company connected by virtue of common directors and shareholders. The balance is interest free, unsecured and payable on demand.

Included within total overall creditors at the balance sheet date is a combined balance of £1,663,462 (2025 : £1,748,462) due to companies connected by virtue of common directors and shareholders. The balances are interest free, unsecured and repayable on demand.

At the year ended 31 March 2026 an overall total of £2,436,538 (2025 : £2,231,538) was due from companies connected by virtue of common directors and shareholders.