CHANG LI FARM LTD

Company Registration Number:
09108594 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2020

Period of accounts

Start date: 01 November 2019

End date: 31 October 2020

CHANG LI FARM LTD

Contents of the Financial Statements

for the Period Ended 31 October 2020

Balance sheet
Notes

CHANG LI FARM LTD

Balance sheet

As at 31 October 2020


Notes

2020

2019


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 299,687 236,824
Total fixed assets: 299,687 236,824
Current assets
Debtors:   34,358 44,439
Cash at bank and in hand: 20,964 14,224
Total current assets: 55,322 58,663
Creditors: amounts falling due within one year:   (355,880) (270,923)
Net current assets (liabilities): (300,558) (212,260)
Total assets less current liabilities: (871) 24,564
Creditors: amounts falling due after more than one year:   (57,025) (7,025)
Total net assets (liabilities): (57,896) 17,539
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (57,906) 17,529
Shareholders funds: (57,896) 17,539

The notes form part of these financial statements

CHANG LI FARM LTD

Balance sheet statements

For the year ending 31 October 2020 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 08 November 2023
and signed on behalf of the board by:

Name: Chang li
Status: Director

The notes form part of these financial statements

CHANG LI FARM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

CHANG LI FARM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2020

2. Employees

2020 2019
Average number of employees during the period 2 2

CHANG LI FARM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2020

3. Tangible Assets

Total
Cost £
At 01 November 2019 253,078
Additions 66,172
At 31 October 2020 319,250
Depreciation
At 01 November 2019 16,254
Charge for year 3,309
At 31 October 2020 19,563
Net book value
At 31 October 2020 299,687
At 31 October 2019 236,824

CHANG LI FARM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2020

4. Financial commitments

Basis Of Accounting The accounts have been prepared under the historical cost convention.The accounts have been prepared in accordance with FRS102 The Financial Reporting Standard applicable in the UK and Republic,of Ireland and the Companies Act 2006.

CHANG LI FARM LTD

Notes to the Financial Statements

for the Period Ended 31 October 2020

5. Related party transactions

Name of the related party: Chang Li Property
Relationship:
Loan
Description of the Transaction: Associated company loan
£
Balance at 01 November 2019 44,227
Balance at 31 October 2020 29,824