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Company Registration No. 8809780 (England and Wales)
TEA LIFE LIMITED Unaudited accounts for the year ended 31 December 2021
TEA LIFE LIMITED Unaudited accounts Contents
Page
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TEA LIFE LIMITED Company Information for the year ended 31 December 2021
Director
LIU, Ji Yang
Company Number
8809780 (England and Wales)
Registered Office
21 MUSEUM STREET LONDON WC1A 1JN ENGLAND
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TEA LIFE LIMITED Statement of financial position as at 31 December 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,005 
Current assets
Inventories
- 
9,242 
Debtors
65,000 
65,000 
Cash at bank and in hand
31,223 
29,668 
96,223 
103,910 
Creditors: amounts falling due within one year
(81,916)
(78,134)
Net current assets
14,307 
25,776 
Total assets less current liabilities
14,307 
27,781 
Creditors: amounts falling due after more than one year
(414,014)
(414,014)
Net liabilities
(399,707)
(386,233)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(399,807)
(386,333)
Shareholders' funds
(399,707)
(386,233)
For the year ending 31 December 2021 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 director acknowledges his 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 and authorised for issue on 31 August 2022 and were signed on its behalf by
LIU, Ji Yang Director Company Registration No. 8809780
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TEA LIFE LIMITED Notes to the Accounts for the year ended 31 December 2021
1
Statutory information
TEA LIFE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 8809780. The registered office is 21 MUSEUM STREET, LONDON, WC1A 1JN, ENGLAND.
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
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2021
17,801 
2,278 
20,079 
At 31 December 2021
17,801 
2,278 
20,079 
Depreciation
At 1 January 2021
16,021 
2,053 
18,074 
Charge for the year
1,780 
225 
2,005 
At 31 December 2021
17,801 
2,278 
20,079 
Net book value
At 31 December 2021
- 
- 
- 
At 31 December 2020
1,780 
225 
2,005 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
65,000 
65,000 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
49,167 
50,000 
Trade creditors
1,600 
1,800 
Taxes and social security
4,549 
4,635 
Other creditors
10,000 
5,000 
Loans from directors
16,600 
16,699 
81,916 
78,134 
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TEA LIFE LIMITED Notes to the Accounts for the year ended 31 December 2021
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Loans from directors
414,014 
414,014 
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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