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Company Registration No. 07496566 (England and Wales)
World Of Recycling Ltd Unaudited accounts for the year ended 31 January 2026
World Of Recycling Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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World Of Recycling Ltd Company Information for the year ended 31 January 2026
Directors
Parmjit Singh Bahyia Susan Bains
Company Number
07496566 (England and Wales)
Registered Office
The Truck Shop Bilport Lane Wednesbury WS10 0NT United Kingdom
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World Of Recycling Ltd Statement of financial position as at 31 January 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
22,223 
47,655 
Current assets
Debtors
5
131,735 
183,235 
Cash at bank and in hand
83,307 
54,045 
215,042 
237,280 
Creditors: amounts falling due within one year
6
(269,404)
(417,189)
Net current liabilities
(54,362)
(179,909)
Total assets less current liabilities
(32,139)
(132,254)
Provisions for liabilities
Deferred tax
(9,056)
(9,056)
Net liabilities
(41,195)
(141,310)
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
(41,495)
(141,610)
Shareholders' funds
(41,195)
(141,310)
For the year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 5 October 2026 and were signed on its behalf by
Susan Bains Director Company Registration No. 07496566
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World Of Recycling Ltd Notes to the Accounts for the year ended 31 January 2026
1
Statutory information
World Of Recycling Ltd is a private company, limited by shares, registered in England and Wales, registration number 07496566. The registered office is The Truck Shop, Bilport Lane, Wednesbury, WS10 0NT, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%SL
Motor vehicles
25%SL
Fixtures & fittings
25RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2025
57,810 
152,508 
4,633 
214,951 
At 31 January 2026
57,810 
152,508 
4,633 
214,951 
Depreciation
At 1 February 2025
57,810 
104,852 
4,634 
167,296 
Charge for the year
- 
25,432 
- 
25,432 
At 31 January 2026
57,810 
130,284 
4,634 
192,728 
Net book value
At 31 January 2026
- 
22,224 
(1)
22,223 
At 31 January 2025
- 
47,656 
(1)
47,655 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
131,735 
183,235 
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World Of Recycling Ltd Notes to the Accounts for the year ended 31 January 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
78,396 
117,577 
VAT
72,504 
99,783 
Trade creditors
- 
10,889 
Taxes and social security
14,667 
26,348 
Other creditors
91,268 
130,268 
Loans from directors
10,569 
30,324 
Accruals
2,000 
2,000 
269,404 
417,189 
7
Average number of employees
During the year the average number of employees was 11 (2025: 12).
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