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REGISTERED NUMBER: 13995764 (England and Wales)















Unaudited Financial Statements

for the Period 22 March 2022 to 31 March 2023

for

Ryugin Limited

Ryugin Limited (Registered number: 13995764)






Contents of the Financial Statements
for the Period 22 March 2022 to 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ryugin Limited

Company Information
for the Period 22 March 2022 to 31 March 2023







DIRECTORS: Z J Ge
Mrs J Qin





REGISTERED OFFICE: 39 Uplands Cescent
Uplands
Swansea
SA2 0NP





REGISTERED NUMBER: 13995764 (England and Wales)





ACCOUNTANTS: DGL Accountancy Services Limited
Chartered Certified Accountants
35 Hen Parc Avenue
Upper Killay
Swansea
SA2 7HA

Ryugin Limited (Registered number: 13995764)

Balance Sheet
31 March 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 4,152

CURRENT ASSETS
Stocks 2,050
Debtors 5 11,495
Cash at bank and in hand 4,766
18,311
CREDITORS
Amounts falling due within one year 6 30,023
NET CURRENT LIABILITIES (11,712 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(7,560

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (7,660 )
(7,560 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

Ryugin Limited (Registered number: 13995764)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 11 October 2023 and were signed on its behalf by:





Z J Ge - Director


Ryugin Limited (Registered number: 13995764)

Notes to the Financial Statements
for the Period 22 March 2022 to 31 March 2023

1. STATUTORY INFORMATION

Ryugin 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents sales of goods.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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 period 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Ryugin Limited (Registered number: 13995764)

Notes to the Financial Statements - continued
for the Period 22 March 2022 to 31 March 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

4. TANGIBLE FIXED ASSETS
Equipment
£   
COST
Additions 4,152
At 31 March 2023 4,152
NET BOOK VALUE
At 31 March 2023 4,152

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed by related undertakings 9,662
Prepayments 1,833
11,495

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 7,839
Social security and other taxes (3,498 )
VAT 9,024
Other creditors 1,758
Directors' current accounts 14,900
30,023

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Z J Ge.