World Mate - Accounts to registrar (filleted) - small 18.2

World Mate - Accounts to registrar (filleted) - small 18.2

WORLD MATE - Company Information

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REGISTERED NUMBER: 03709200 (England and Wales)










WORLD MATE

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021





Hakim Fry
Chartered Accountants
69-71 East Street
Epsom
Surrey
KT17 1BP








WORLD MATE (REGISTERED NUMBER: 03709200)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WORLD MATE

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTOR: N C Patel





SECRETARY: Mrs R Agourakis





REGISTERED OFFICE: 69-71 East Street
Epsom
Surrey
KT17 1BP





REGISTERED NUMBER: 03709200 (England and Wales)





ACCOUNTANTS: Hakim Fry
Chartered Accountants
69-71 East Street
Epsom
Surrey
KT17 1BP
Page 1
WORLD MATE (REGISTERED NUMBER: 03709200)

BALANCE SHEET
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 807 -

CURRENT ASSETS
Debtors 6 60,319 60,319
Cash at bank and in hand 83,153 72,159
143,472 132,478
CREDITORS
Amounts falling due within one year 7 17,041 17,655
NET CURRENT ASSETS 126,431 114,823
TOTAL ASSETS LESS CURRENT
LIABILITIES
127,238
114,823

PROVISIONS FOR LIABILITIES 153 -
NET ASSETS 127,085 114,823

RESERVES
Income and expenditure account 127,085 114,823
127,085 114,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 surplus or deficit 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 director and authorised for issue on 9 May 2022 and were signed by:




N C Patel - Director


The notes form part of these financial statements

Page 2
WORLD MATE (REGISTERED NUMBER: 03709200)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021

1. STATUTORY INFORMATION

World Mate is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is the total amount receivable by the company for services rendered, excluding value added tax, and arises principally in the United Kingdom.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost
Computer equipment - 25% on cost

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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

Page 3
WORLD MATE (REGISTERED NUMBER: 03709200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2021 4,991 - 4,991
Additions - 1,076 1,076
At 31 December 2021 4,991 1,076 6,067
DEPRECIATION
At 1 January 2021 4,991 - 4,991
Charge for year - 269 269
At 31 December 2021 4,991 269 5,260
NET BOOK VALUE
At 31 December 2021 - 807 807
At 31 December 2020 - - -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Other debtors 2,450 2,450
Amount owed by related companies 57,869 57,869
60,319 60,319

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 31.12.20
£    £   
Tax 2,542 3,155
Other creditors 14,499 14,500
17,041 17,655

8. COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee. Each member's liability is limited by guarantee not to exceed £1 while he is a member or within one year of cessation of membership and only in the event of the company being wound up.


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