1 March 2021 0 10528439 ns1:FRS102 2021-03-01 2022-02-28 10528439 ns1:FullAccounts 2021-03-01 2022-02-28 10528439 ns1:PrivateLimitedCompanyLtd 2021-03-01 2022-02-28 10528439 ns1:AuditExemptWithAccountantsReport 2021-03-01 2022-02-28 10528439 2021-03-01 2022-02-28 10528439 2022-02-28 10528439 2021-03-01 2022-02-28 10528439 ns1:Director1 2021-03-01 2022-02-28 10528439 ns1:Director2 2021-03-01 2022-02-28 10528439 ns1:Director3 2021-03-01 2022-02-28 10528439 ns1:Director4 2021-03-01 2022-02-28 10528439 ns1:Director5 2021-03-01 2022-02-28 10528439 ns1:Director6 2021-03-01 2022-02-28 10528439 ns1:Director7 2021-03-01 2022-02-28 10528439 ns1:Director8 2021-03-01 2022-02-28 10528439 ns1:Director9 2021-03-01 2022-02-28 10528439 ns1:Director10 2021-03-01 2022-02-28 10528439 ns1:Director11 2021-03-01 2022-02-28 10528439 ns1:Director12 2021-03-01 2022-02-28 10528439 ns1:Director13 2021-03-01 2022-02-28 10528439 ns1:Director14 2021-03-01 2022-02-28 10528439 ns1:Director15 2021-03-01 2022-02-28 10528439 ns1:Director16 2021-03-01 2022-02-28 10528439 ns1:Director17 2021-03-01 2022-02-28 10528439 ns1:Director18 2021-03-01 2022-02-28 10528439 ns1:Director19 2021-03-01 2022-02-28 10528439 ns1:Director20 2021-03-01 2022-02-28 10528439 ns1:RegisteredOffice 2021-03-01 2022-02-28 10528439 ns1:CompanySecretary1 2021-03-01 2022-02-28 10528439 ns3:FurnitureFittings 2022-02-28 10528439 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2022-02-28 10528439 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2021-03-01 2022-02-28 10528439 ns3:LandBuildings ns3:LongLeaseholdAssets 2022-02-28 10528439 ns3:LandBuildings ns3:LongLeaseholdAssets 2021-03-01 2022-02-28 10528439 ns3:NetGoodwill 2022-02-28 10528439 ns3:NetGoodwill 2021-03-01 2022-02-28 10528439 ns1:OrdinaryShareClass1 2022-02-28 10528439 ns1:OrdinaryShareClass2 2022-02-28 10528439 ns1:OrdinaryShareClass3 2022-02-28 10528439 ns3:IntangibleAssetsOtherThanGoodwill 2022-02-28 10528439 ns3:IntangibleAssetsOtherThanGoodwill 2021-03-01 2022-02-28 10528439 ns3:PlantMachinery 2021-03-01 2022-02-28 10528439 ns3:PlantMachinery 2022-02-28 10528439 ns1:PreferenceShareClass1 2022-02-28 10528439 ns1:PreferenceShareClass2 2022-02-28 10528439 ns3:LandBuildings ns3:ShortLeaseholdAssets 2022-02-28 10528439 ns3:LandBuildings ns3:ShortLeaseholdAssets 2021-03-01 2022-02-28 10528439 ns3:Vehicles 2022-02-28 10528439 ns3:Vehicles 2021-03-01 2022-02-28 10528439 ns3:FurnitureFittings 2021-03-01 2022-02-28 10528439 2021-03-01 10528439 2022-02-28 10528439 2022-02-28 10528439 ns3:FurnitureFittings 2021-02-28 10528439 ns3:LandBuildings ns3:OwnedOrFreeholdAssets 2021-02-28 10528439 ns3:LandBuildings ns3:LongLeaseholdAssets 2021-02-28 10528439 ns3:NetGoodwill 2021-02-28 10528439 ns3:IntangibleAssetsOtherThanGoodwill 2021-02-28 10528439 ns3:PlantMachinery 2021-02-28 10528439 2020-03-01 10528439 ns3:LandBuildings ns3:ShortLeaseholdAssets 2021-02-28 10528439 ns3:Vehicles 2021-02-28 10528439 2020-03-01 2021-02-28 10528439 ns1:AllEntityOfficers 2020-03-01 2021-02-28 10528439 2021-02-28 10528439 ns1:OrdinaryShareClass2 2021-02-28 10528439 ns1:OrdinaryShareClass1 2021-02-28 10528439 ns1:OrdinaryShareClass3 2020-03-01 10528439 ns1:PreferenceShareClass1 2021-02-28 10528439 ns1:PreferenceShareClass2 2021-02-28 10528439 ns3:NetGoodwill 2021-03-01 2022-02-28 10528439 ns3:NetGoodwill 2020-03-01 2021-02-28 10528439 ns3:NetGoodwill 2022-02-28 10528439 ns3:NetGoodwill 2021-02-28 10528439 ns3:LeasedTangibleFixedAssets 2021-03-01 2022-02-28 10528439 ns1:HighestPaidDirector 2021-03-01 2022-02-28 10528439 ns1:HighestPaidDirector 2020-03-01 2021-02-28 10528439 ns3:Buildings 2021-03-01 2022-02-28 10528439 ns3:LeasedTangibleFixedAssets ns3:Buildings 2021-03-01 2022-02-28 10528439 ns3:OwnedOrFreeholdAssets 2021-03-01 2022-02-28 10528439 ns3:OwnedOrFreeholdAssets 2020-03-01 2021-02-28 10528439 ns3:LeasedTangibleFixedAssets 2021-03-01 2022-02-28 10528439 ns3:LeasedTangibleFixedAssets 2020-03-01 2021-02-28 10528439 ns1:AllOrdinaryShares 2022-02-28 10528439 ns1:AllPreferenceShares 2022-02-28 10528439 ns1:AllOrdinaryShares 2021-02-28 10528439 ns1:AllPreferenceShares 2021-02-28 10528439 ns1:AllOrdinaryShares ns3:DividendsPaid 2020-03-01 2021-02-28 10528439 ns1:AllOrdinaryShares ns3:DividendsProposed 2021-03-01 2022-02-28 10528439 ns1:AllOrdinaryShares ns3:DividendsProposed 2020-03-01 2021-02-28 10528439 ns1:AllOrdinaryShares ns3:DividendsPaid 2021-03-01 2022-02-28 10528439 ns1:AllOrdinaryShares 2021-03-01 2022-02-28 10528439 ns1:AllPreferenceShares 2021-03-01 2022-02-28 10528439 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2021-03-01 10528439 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2021-03-01 2022-02-28 10528439 ns3:CopyrightsPatentsTrademarksServiceOperatingRights 2022-02-28 10528439 ns3:OtherResidualIntangibleAssets 2021-03-01 10528439 ns3:OtherResidualIntangibleAssets 2021-03-01 2022-02-28 10528439 ns3:OtherResidualIntangibleAssets 2022-02-28 10528439 ns1:OrdinaryShareClass1 2021-03-01 2022-02-28 10528439 ns1:OrdinaryShareClass2 2021-03-01 2022-02-28 10528439 ns1:OrdinaryShareClass3 2021-03-01 2022-02-28 10528439 ns1:OrdinaryShareClass4 2021-03-01 2022-02-28 10528439 ns1:OrdinaryShareClass5 2021-03-01 2022-02-28 10528439 ns1:PreferenceShareClass1 2021-03-01 2022-02-28 10528439 ns1:PreferenceShareClass2 2021-03-01 2022-02-28 10528439 ns1:OrdinaryShareClass3 2022-02-28 10528439 ns1:OrdinaryShareClass4 2022-02-28 10528439 ns1:OrdinaryShareClass5 2022-02-28 10528439 ns1:OrdinaryShareClass3 2021-02-28 10528439 ns1:OrdinaryShareClass4 2021-02-28 10528439 ns1:OrdinaryShareClass5 2021-02-28 10528439 ns3:Acquisitions 2021-03-01 2022-02-28 10528439 ns3:Acquisitions 2020-03-01 2021-02-28 10528439 ns3:DiscontinuedOperations 2021-03-01 2022-02-28 10528439 ns3:DiscontinuedOperations 2020-03-01 2021-02-28 10528439 ns3:ContinuingOperationsExcludingAcquisitions 2021-03-01 2022-02-28 10528439 ns3:ContinuingOperationsExcludingAcquisitions 2020-03-01 2021-02-28 10528439 ns3:WithinOneYear 2021-03-01 2022-02-28 10528439 ns3:WithinOneYear 2022-02-28 10528439 ns3:WithinOneYear 2021-02-28 10528439 ns3:AfterOneYear 2021-03-01 2022-02-28 10528439 ns3:WithinOneYear 2021-03-01 2022-02-28 10528439 ns3:AfterOneYear 2021-03-01 2022-02-28 10528439 ns3:BetweenOneTwoYears 2021-03-01 2022-02-28 10528439 ns3:BetweenTwoFiveYears 2021-03-01 2022-02-28 10528439 ns3:MoreThanFiveYears 2021-03-01 2022-02-28 10528439 ns3:BetweenOneTwoYears 2021-03-01 2022-02-28 10528439 ns3:BetweenTwoFiveYears 2021-03-01 2022-02-28 10528439 ns3:MoreThanFiveYears 2021-03-01 2022-02-28 10528439 ns3:ShareCapital 2022-02-28 10528439 ns3:RetainedEarningsAccumulatedLosses 2022-02-28 10528439 ns3:ShareCapitalOrdinaryShares 2022-02-28 10528439 ns3:ShareCapitalPreferenceShares 2022-02-28 10528439 ns3:PropertiesRevaluationReserve 2022-02-28 10528439 ns3:SharePremiumOrdinaryShares 2022-02-28 10528439 ns3:OtherMiscellaneousReserve 2022-02-28 10528439 ns3:ShareCapital 2021-02-28 10528439 ns3:SharePremiumOrdinaryShares 2021-02-28 10528439 ns3:ShareCapital 2020-03-01 2021-02-28 10528439 ns3:ShareCapital 2021-03-01 2022-02-28 10528439 ns3:RetainedEarningsAccumulatedLosses 2021-02-28 10528439 ns3:ShareCapitalOrdinaryShares 2021-02-28 10528439 ns3:ShareCapitalPreferenceShares 2021-02-28 10528439 ns3:PropertiesRevaluationReserve 2021-02-28 10528439 ns3:OtherMiscellaneousReserve 2021-02-28 10528439 ns3:SharePremiumOrdinaryShares 2022-02-28 10528439 ns3:SharePremiumOrdinaryShares 2021-02-28 10528439 ns3:WithinOneYear 2022-02-28 10528439 ns3:WithinOneYear 2021-02-28 10528439 ns3:AfterOneYear 2022-02-28 10528439 ns3:AfterOneYear 2021-02-28 10528439 ns3:WithinOneYear 2022-02-28 10528439 ns3:WithinOneYear 2021-02-28 10528439 ns3:BetweenOneTwoYears 2022-02-28 10528439 ns3:BetweenOneTwoYears 2021-02-28 10528439 ns3:BetweenTwoFiveYears 2022-02-28 10528439 ns3:BetweenTwoFiveYears 2021-02-28 10528439 ns3:MoreThanFiveYears 2022-02-28 10528439 ns3:MoreThanFiveYears 2021-02-28 10528439 ns3:OtherMiscellaneousReserve 2020-03-01 10528439 ns3:ShareCapital 2020-03-01 10528439 ns3:RetainedEarningsAccumulatedLosses 2020-03-01 10528439 ns3:PropertiesRevaluationReserve 2020-03-01 10528439 2020-03-01 10528439 ns3:AfterOneYear 2021-03-01 2022-02-28 10528439 ns6:Europe 2021-03-01 2022-02-28 10528439 ns6:Europe 2020-03-01 2021-02-28 10528439 ns6:UnitedKingdom 2021-03-01 2022-02-28 10528439 ns6:UnitedKingdom 2020-03-01 2021-02-28 10528439 ns6:Americas 2021-03-01 2022-02-28 10528439 ns6:Americas 2020-03-01 2021-02-28 10528439 ns6:MiddleEast 2021-03-01 2022-02-28 10528439 ns6:MiddleEast 2020-03-01 2021-02-28 10528439 ns6:Africa 2021-03-01 2022-02-28 10528439 ns6:Africa 2020-03-01 2021-02-28 10528439 ns6:Asia 2021-03-01 2022-02-28 10528439 ns6:Asia 2020-03-01 2021-02-28 10528439 ns6:Australasia 2021-03-01 2022-02-28 10528439 ns6:Australasia 2020-03-01 2021-02-28 10528439 ns3:ReportableOperatingSegment1 2021-03-01 2022-02-28 10528439 ns3:ReportableOperatingSegment1 2020-03-01 2021-02-28 10528439 ns3:ReportableOperatingSegment2 2021-03-01 2022-02-28 10528439 ns3:ReportableOperatingSegment2 2020-03-01 2021-02-28 10528439 ns3:ReportableOperatingSegment3 2021-03-01 2022-02-28 10528439 ns3:ReportableOperatingSegment3 2020-03-01 2021-02-28 10528439 ns5:AdministrativeExpenses 2021-03-01 2022-02-28 10528439 ns5:AdministrativeExpenses 2020-03-01 2021-02-28 10528439 ns5:DistributionCosts 2021-03-01 2022-02-28 10528439 ns5:DistributionCosts 2020-03-01 2021-02-28 10528439 ns5:Exceptional 2021-03-01 2022-02-28 10528439 ns5:Exceptional 2020-03-01 2021-02-28 10528439 2021-03-01 2022-02-28 xbrli:pure xbrli:shares iso4217:GBP iso4217:USD
Company registration number:10528439
TIAN XIANG LTD TRADING AS KING HONG
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 February 2022
TIAN XIANG LTD TRADING AS KING HONG
BALANCE SHEET
AS AT 28 February 2022
2022 2021
Notes £ £ £ £
FIXED ASSETS
Tangible assets39350
9350
CURRENT ASSETS
Stocks1,1001,000
Debtors41,9041,906
Cash at bank and in hand69,75760,720
72,76163,626
CREDITORS
Amounts falling due within one year 5 (48,394) (48,611)
NET CURRENT ASSETS 24,367 15,015
TOTAL ASSETS LESS
CURRENT LIABILITIES 25,302 15,015
PROVISIONS FOR LIABILITIES(178)(0)
NET ASSETS 25,124 15,015
CAPITAL AND RESERVES
Called-up equity share capital 6 100 100
Profit and loss account 25,024 14,915
SHAREHOLDERS FUNDS 25,124 15,015
For the year ending 28 February 2022 the company was entitled to exemption 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 12 August 2022 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Ms Qiu Yun Ke
12 August 2022
The annexed notes form part of these financial statements.

TIAN XIANG LTD TRADING AS KING HONG
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 28 FEBRUARY 2022
Share Share P and L Revaluation Other Total
Capital Premium Account reserve reserves equity
£ £ £ £ £ £
Balance at 1 March 202010006,649006,749
Changes in equity
Dividend00(20,000)00(20,000)
Total Comprehensive Income0028,2660028,266
Balance at 28 February 2021100014,9150015,015
Changes in equity
Dividend00(20,000)00(20,000)
Total comprehensive income0030,1090030,109
Balance at 28 February 2022100025,0240025,124

TIAN XIANG LTD TRADING AS KING HONG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2022
1. Accounting policies
Statutory information
The company is registered in England and its registered number is 10528439. The company is a private company limited by shares. Its registered office is 85 Occupation Road Corby, Northampton, United
Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.
Stocks and Work In Progress
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.
Government grants
The Coronavirus Job Retention Scheme Grant is recognised on a systematic basis over the periods in which the company recognises the related costs for which the grant is intended to compensate. The Small Business Grant fund is recognised as income in the period in which it becomes receivable.
Deferred Taxation
Deferred tax is provided on the liability method to take account of the timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Pension Scheme
The company operates a defined contribution pension scheme, NEST pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.
2.Employees
The average number of persons employed by the company (including directors) during the year was 3.
3.Tangible fixed assets
F and F Total
Cost
Additions 1,100 1,100
At end of period 1,100 1,100
Depreciation
Provided during the period 165 165
At end of period 165 165
Net Book Value
At end of period 935 935
4.Debtors
20222021
££
Due within one year
Prepayments and accrued income1,9041,906
1,9041,906
5.Creditors due within one year
20222021
££
Trade creditors929579
Corporation Tax13,59510,403
Other taxes and social security costs3,8882,002
Accruals and deferred income3,0653,039
Loan from directors26,91632,587
48,394 48,611
6. Share capital Alloted, Issued and fully paid
2022 2021
£ £
Ordinary shares of £1 each100100
Total issued share capital100100
7.Related Party Transactions
During the year, the company paid dividend totalling £20,000 to the director. The company also paid rental of £17,160 to the director's husband.