1 30/11/2023 2023-11-30 false false false false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2022-12-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 13738511 2022-12-01 2023-11-30 13738511 2023-11-30 13738511 2021-12-01 2022-11-30 13738511 2022-11-30 13738511 bus:RegisteredOffice 2022-12-01 2023-11-30 13738511 bus:LeadAgentIfApplicable 2022-12-01 2023-11-30 13738511 bus:Director1 2022-12-01 2023-11-30 13738511 core:WithinOneYear 2023-11-30 13738511 core:WithinOneYear 2022-11-30 13738511 core:ShareCapital 2023-11-30 13738511 core:ShareCapital 2022-11-30 13738511 core:RetainedEarningsAccumulatedLosses 2023-11-30 13738511 core:RetainedEarningsAccumulatedLosses 2022-11-30 13738511 bus:Director1 2022-11-30 13738511 bus:Director1 2023-11-30 13738511 bus:Director1 2022-11-30 13738511 bus:Director1 2021-12-01 2022-11-30 13738511 bus:SmallEntities 2022-12-01 2023-11-30 13738511 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 13738511 bus:FullAccounts 2022-12-01 2023-11-30 13738511 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 13738511 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30
Company registration number: 13738511
Z&D Import UK Ltd
Unaudited filleted financial statements
30 November 2023
Z&D Import UK Ltd
Contents
Directors and other information
Accountants report
Statement of financial position
Notes to the financial statements
Z&D Import UK Ltd
Directors and other information
Director Mr Zhiqiang Dai
Company number 13738511
Registered office 2nd Floor
107 Charterhouse Street
London
EC1M 6HW
Accountants Leftley Rowe & Co
2nd Floor
107 Charterhouse Street
London
EC1M 6HW
Z&D Import UK Ltd
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Z&D Import UK Ltd
Year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Z&D Import UK Ltd for the year ended 30 November 2023 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Z&D Import UK Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Z&D Import UK Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Z&D Import UK Ltd and its director as a body for our work or for this report.
It is your duty to ensure that Z&D Import UK Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Z&D Import UK Ltd. You consider that Z&D Import UK Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Z&D Import UK Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Leftley Rowe & Co
Chartered Accountant
2nd Floor
107 Charterhouse Street
London
EC1M 6HW
5 April 2024
Z&D Import UK Ltd
Statement of financial position
30 November 2023
30/11/23 30/11/22
Note £ £ £ £
Current assets
Debtors 5 4,616 -
Cash at bank and in hand 17,995 582
_______ _______
22,611 582
Creditors: amounts falling due
within one year 6 ( 64,519) ( 31,626)
_______ _______
Net current liabilities ( 41,908) ( 31,044)
_______ _______
Total assets less current liabilities ( 41,908) ( 31,044)
_______ _______
Net liabilities ( 41,908) ( 31,044)
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account ( 42,008) ( 31,144)
_______ _______
Shareholders deficit ( 41,908) ( 31,044)
_______ _______
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 05 April 2024 , and are signed on behalf of the board by:
Mr Zhiqiang Dai
Director
Company registration number: 13738511
Z&D Import UK Ltd
Notes to the financial statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2nd Floor, 107 Charterhouse Street, London, EC1M 6HW.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The company meets its day to day working capital requirements through the continued support of itsshareholders for the foreseeable future, and at least 12 months from the date of signing of thesefinancial statements. On this basis the director considers that it is appropriate to prepare the financialstatements on the going concern basis.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
5. Debtors
30/11/23 30/11/22
£ £
Other debtors 4,616 -
_______ _______
6. Creditors: amounts falling due within one year
30/11/23 30/11/22
£ £
Trade creditors 44 73
Social security and other taxes 1,194 8,324
Other creditors 63,281 23,229
_______ _______
64,519 31,626
_______ _______
7. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
Year ended 30/11/23
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Zhiqiang Dai ( 22,229) ( 38,512) ( 60,741)
_______ _______ _______
Period ended 30/11/22
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Zhiqiang Dai - ( 22,229) ( 22,229)
_______ _______ _______