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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
Page
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Xiangli & Co. Ltd Company Information for the year ended 31 March 2023
Director
Mr Hai-Ying Song
Secretary
Ms Hui Guo
Company Number
08001759 (England and Wales)
Registered Office
5 Richmond Lane Dartford Kent DA1 5UG UK
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Xiangli & Co. Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,935 
13,124 
Current assets
Debtors
700 
1,975 
Cash at bank and in hand
37,244 
34,213 
37,944 
36,188 
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)
Net assets
22,817 
24,646 
Capital and reserves
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
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Xiangli & Co. Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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
Motor vehicles
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 
Additions
524 
- 
- 
524 
At 31 March 2023
26,673 
5,000 
13,203 
44,876 
Depreciation
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 
Net book value
At 31 March 2023
6,995 
- 
1,940 
8,935 
At 31 March 2022
9,671 
- 
3,453 
13,124 
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Xiangli & Co. Ltd Notes to the Accounts for the year ended 31 March 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
700 
1,975 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
13,942 
11,832 
Taxes and social security
11 
84 
Accruals
359 
- 
14,312 
11,916 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,750 
12,750 
8
Share capital
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).
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