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Company Registration No. 13474880 (England and Wales)
LX Industrial UK Limited Unaudited accounts for the year ended 30 June 2023
LX Industrial UK Limited Unaudited accounts Contents
Page
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LX Industrial UK Limited Company Information for the year ended 30 June 2023
Director
Qing Lin
Company Number
13474880 (England and Wales)
Registered Office
18 Bristol Gardens Brighton BN2 5YW
Accountants
LJW Accountants Limited 27 Hardy Avenue Dartford Kent DA1 2FE
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LX Industrial UK Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,426 
1,902 
Current assets
Debtors
20,050 
- 
Cash at bank and in hand
13,507 
18,797 
33,557 
18,797 
Creditors: amounts falling due within one year
(50,162)
(20,339)
Net current liabilities
(16,605)
(1,542)
Net (liabilities)/assets
(15,179)
360 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(15,180)
359 
Shareholders' funds
(15,179)
360 
For the year ending 30 June 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 her 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 4 February 2024 and were signed on its behalf by
Qing Lin Director Company Registration No. 13474880
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LX Industrial UK Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
LX Industrial UK Limited is a private company, limited by shares, registered in England and Wales, registration number 13474880. The registered office is 18 Bristol Gardens, Brighton, BN2 5YW.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
Over 5 years
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LX Industrial UK Limited Notes to the Accounts for the year ended 30 June 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
2,378 
At 30 June 2023
2,378 
Depreciation
At 1 July 2022
476 
Charge for the year
476 
At 30 June 2023
952 
Net book value
At 30 June 2023
1,426 
At 30 June 2022
1,902 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,050 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
634 
1,676 
Loans from directors
49,528 
18,663 
50,162 
20,339 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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