Worldbay Limited

Worldbay Limited

WORLDBAY LIMITED - Company Information

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1 January 2022 false No description of principal activity Taxfiler 2023.5.3 01743701business:PrivateLimitedCompanyLtd2022-01-012022-12-31 017437012021-12-31 017437012022-01-012022-12-31 01743701business:AuditExemptWithAccountantsReport2022-01-012022-12-31 01743701business:FullAccounts2022-01-012022-12-31 017437012022-12-31 01743701business:Director12022-01-012022-12-31 01743701business:Director22022-01-012022-12-31 01743701business:Director32022-01-012022-12-31 01743701business:RegisteredOffice2022-01-012022-12-31 017437012021-12-31 01743701core:WithinOneYear2022-12-31 01743701core:WithinOneYear2021-12-31 01743701core:ShareCapital2022-12-31 01743701core:ShareCapital2021-12-31 01743701core:RetainedEarningsAccumulatedLosses2022-12-31 01743701core:RetainedEarningsAccumulatedLosses2021-12-31 01743701business:SmallEntities2022-01-012022-12-31 01743701countries:EnglandWales2022-01-012022-12-31 01743701core:ComputerEquipment2021-12-31 01743701core:ComputerEquipment2022-01-012022-12-31 01743701core:ComputerEquipment2022-12-31 017437012021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 01743701 (England and Wales)
Worldbay Limited Unaudited accounts for the year ended 31 December 2022
Worldbay Limited Company Information for the year ended 31 December 2022
Directors
Mr M D Kaye Mrs M J Kaye Mr R Kaye
Company Number
01743701 (England and Wales)
Registered Office
Hallswelle House 1 Hallswelle Road London NW11 0DH
Accountants
GK & CO. LLP Hallswelle House 1 Hallswelle Road London NW11 0DH
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Worldbay Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
562 
- 
Current assets
Inventories
5
2 
2 
Debtors
6
358,799 
361,224 
Cash at bank and in hand
156,753 
44,226 
515,554 
405,452 
Creditors: amounts falling due within one year
7
(34,388)
(16,751)
Net current assets
481,166 
388,701 
Net assets
481,728 
388,701 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
481,628 
388,601 
Shareholders' funds
481,728 
388,701 
For the year ending 31 December 2022 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 12 June 2023 and were signed on its behalf by
Mr M D Kaye Director Company Registration No. 01743701
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Worldbay Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Worldbay Limited is a private company, limited by shares, registered in England and Wales, registration number 01743701. The registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 0DH.
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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2022
- 
Additions
839 
At 31 December 2022
839 
Depreciation
Charge for the year
277 
At 31 December 2022
277 
Net book value
At 31 December 2022
562 
5
Inventories
2022 
2021 
£ 
£ 
Finished goods
2 
2 
2 
2 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Other debtors
358,799 
361,224 
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Worldbay Limited Notes to the Accounts for the year ended 31 December 2022
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
25,287 
7,841 
Other creditors
3,290 
3,290 
Loans from directors
233 
159 
Accruals
5,578 
5,461 
34,388 
16,751 
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).
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