Company Registration No. 10684812 (England and Wales)
CHINATURALLY LTD
Unaudited accounts
for the year ended 31 March 2023
CHINATURALLY LTD
Unaudited accounts
Contents
CHINATURALLY LTD
Company Information
for the year ended 31 March 2023
Company Number
10684812 (England and Wales)
Registered Office
6 Duke Street
Richmond
TW9 1HP
CHINATURALLY LTD
Statement of financial position
as at 31 March 2023
Tangible assets
3,508
3,508
Cash at bank and in hand
10
21,770
Creditors: amounts falling due within one year
(54,126)
(27,857)
Net current (liabilities)/assets
(26,714)
19,913
Total assets less current liabilities
(23,206)
23,421
Creditors: amounts falling due after more than one year
(12,124)
(15,982)
Net (liabilities)/assets
(35,330)
7,439
Called up share capital
1
1
Profit and loss account
(35,331)
7,438
Shareholders' funds
(35,330)
7,439
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 29 March 2024 and were signed on its behalf by
Yanjie Liu
Director
Company Registration No. 10684812
CHINATURALLY LTD
Notes to the Accounts
for the year ended 31 March 2023
CHINATURALLY LTD is a private company, limited by shares, registered in England and Wales, registration number 10684812. The registered office is 6 Duke Street, Richmond, TW9 1HP.
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.
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
33% on cost
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
3,508
2,348
5,856
At 31 March 2023
3,508
2,348
5,856
At 1 April 2022
-
2,348
2,348
At 31 March 2023
-
2,348
2,348
At 31 March 2023
3,508
-
3,508
At 31 March 2022
3,508
-
3,508
Amounts falling due after more than one year
Other debtors
27,402
26,000
CHINATURALLY LTD
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,000
4,853
Taxes and social security
110
608
Other creditors
5,600
2,980
Loans from directors
43,416
19,416
7
Creditors: amounts falling due after more than one year
2023
2022
This loan is government bounce back loan. Government will cover any interest payable in the first 12 months through a Business Interruption Payment to the lender, and lender benefits from a 100% government-backed guarantee. Interest rate for this loan at 2.5% per annum and the repayment term is fixed at six years. No repayments are due during the first 12 months.
8
Average number of employees
During the year the average number of employees was 2 (2022: 4).