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REGISTERED NUMBER: 08031630 (England and Wales)















UNAUDITED CESSATION FINANCIAL STATEMENTS

FOR THE YEAR ENDED

30 APRIL 2023

FOR

NGCL LIMITED

NGCL LIMITED (REGISTERED NUMBER: 08031630)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


NGCL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: Mr Y Wang
Ms N Gong





SECRETARY: Mr Y Wang





REGISTERED OFFICE: JSA Service LTD
4th Floor - Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP





REGISTERED NUMBER: 08031630 (England and Wales)





ACCOUNTANTS: JSA Services Limited
4th Floor
Radius House
51 Clarendon Road
Watford
Hertfordshire
WD17 1HP

NGCL LIMITED (REGISTERED NUMBER: 08031630)

ABRIDGED BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 - 29,329

CURRENT ASSETS
Debtors 1,156,448 636,403
Cash at bank 445,177 733,696
1,601,625 1,370,099
CREDITORS
Amounts falling due within one year 78,058 101,754
NET CURRENT ASSETS 1,523,567 1,268,345
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,523,567

1,297,674

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings 1,523,566 1,297,673
SHAREHOLDERS' FUNDS 1,523,567 1,297,674

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 profit or loss 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2023 and were signed on its behalf by:



Ms N Gong - Director


NGCL LIMITED (REGISTERED NUMBER: 08031630)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023


1. STATUTORY INFORMATION

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

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 realisable cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Totals
£
COST
At 1 May 2022 42,306
Disposals (42,306 )
At 30 April 2023 -
DEPRECIATION
At 1 May 2022 12,977
Eliminated on disposal (12,977 )
At 30 April 2023 -
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 29,329

NGCL LIMITED (REGISTERED NUMBER: 08031630)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023


6. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
100 Ordinary £0.01 1 1

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 April 2023 and 30 April 2022:

2023 2022
£ £
Ms N Gong
Balance outstanding at start of year (1,059 ) (1,422 )
Amounts advanced 45,500 21,923
Amounts repaid (15,266 ) (21,560 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 29,175 (1,059 )

Mr Y Wang
Balance outstanding at start of year (1,671 ) (39 )
Amounts advanced 108,573 64,334
Amounts repaid (105,967 ) (65,966 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 935 (1,671 )

8. RELATED PARTY DISCLOSURES

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023 2022
£ £
Intercompany Loan 1,115,359 604,357

Amounts owed by participating interests represents Intercompany loan in which Ningwei Gong is director.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr Y Wang.