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REGISTERED NUMBER: 06206325 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2023

for

Virtual Alliance China Ltd

Virtual Alliance China Ltd (Registered number: 06206325)






Contents of the Financial Statements
for the Year Ended 31 August 2023




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Virtual Alliance China Ltd

Company Information
for the Year Ended 31 August 2023







DIRECTORS: S Abercrombie
C Beecham





REGISTERED OFFICE: Unit 25, Bankside
Stationfields
Kidlington
Oxford
Oxfordshire
OX5 1JE





REGISTERED NUMBER: 06206325 (England and Wales)





ACCOUNTANTS: Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Virtual Alliance China Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Profit and Loss Account and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Virtual Alliance China Ltd for the year ended 31 August 2023 which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Virtual Alliance China Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Virtual Alliance China Ltd and state those matters that we have agreed to state to the Board of Directors of Virtual Alliance China Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Virtual Alliance China 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 Virtual Alliance China Ltd. You consider that Virtual Alliance China 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 Virtual Alliance China 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.






Chapman Robinson and Moore Limited
30 Bankside Court
Stationfields
Kidlington
Oxford
OX5 1JE


Date: .............................................

Virtual Alliance China Ltd (Registered number: 06206325)

Balance Sheet
31 August 2023

31/8/23 31/8/22
Notes £    £   
CURRENT ASSETS
Debtors 4 550 550
Cash at bank 3,727 3,823
4,277 4,373
CREDITORS
Amounts falling due within one year 5 (16,441 ) (15,901 )
NET CURRENT LIABILITIES (12,164 ) (11,528 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(12,164

)

(11,528

)

CAPITAL AND RESERVES
Called up share capital 550 550
Retained earnings (12,714 ) (12,078 )
(12,164 ) (11,528 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Virtual Alliance China Ltd (Registered number: 06206325)

Balance Sheet - continued
31 August 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2024 and were signed on its behalf by:





S Abercrombie - Director


Virtual Alliance China Ltd (Registered number: 06206325)

Notes to the Financial Statements
for the Year Ended 31 August 2023

1. STATUTORY INFORMATION

Virtual Alliance China Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Other debtors 550 550

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/23 31/8/22
£    £   
Trade creditors 396 396
Other creditors 16,045 15,505
16,441 15,901

6. ULTIMATE CONTROLLING PARTY

The company is a 100% subsidiary of Oxford Virtual Education Group Limited. The directors of Oxford Virtual Education Group Limited remain the ultimate controlling party.