Company Registration No. 08001759 (England and Wales)
Xiangli & Co. Ltd
Unaudited accounts
for the year ended 31 March 2023
Xiangli & Co. Ltd
Unaudited accounts
Contents
Xiangli & Co. Ltd
Company Information
for the year ended 31 March 2023
Company Number
08001759 (England and Wales)
Registered Office
5 Richmond Lane
Dartford
Kent
DA1 5UG
UK
Xiangli & Co. Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
8,935
13,124
Cash at bank and in hand
37,244
34,213
Creditors: amounts falling due within one year
(14,312)
(11,916)
Net current assets
23,632
24,272
Total assets less current liabilities
32,567
37,396
Creditors: amounts falling due after more than one year
(9,750)
(12,750)
Called up share capital
200
200
Profit and loss account
22,617
24,446
Shareholders' funds
22,817
24,646
For the year ending 31 March 2023 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 20 November 2023 and were signed on its behalf by
Mr Hai-Ying Song
Director
Company Registration No. 08001759
Xiangli & Co. Ltd
Notes to the Accounts
for the year ended 31 March 2023
Xiangli & Co. Ltd is a private company, limited by shares, registered in England and Wales, registration number 08001759. The registered office is 5 Richmond Lane, Dartford, Kent, DA1 5UG, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Five years
Fixtures & fittings
Five years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
26,149
5,000
13,203
44,352
At 31 March 2023
26,673
5,000
13,203
44,876
At 1 April 2022
16,478
5,000
9,750
31,228
Charge for the year
3,200
-
1,513
4,713
At 31 March 2023
19,678
5,000
11,263
35,941
At 31 March 2023
6,995
-
1,940
8,935
At 31 March 2022
9,671
-
3,453
13,124
Xiangli & Co. Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
13,942
11,832
Taxes and social security
11
84
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).