Company Registration No. 11270335 (England and Wales)
Hewei International Co., Limited
Unaudited accounts
for the year ended 31 March 2024
Hewei International Co., Limited
Unaudited accounts
Contents
Hewei International Co., Limited
Company Information
for the year ended 31 March 2024
Directors
Haisen Ma
Liang Xiao
Company Number
11270335 (England and Wales)
Registered Office
Unit 39a St Olav's Court
City Business Centre
Lower Road
London
SE16 2XB
Accountants
LJW Accountants Limited
27 Hardy Avenue
Dartford
Kent
DA1 2FE
Hewei International Co., Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
23,814
27,138
Creditors: amounts falling due within one year
(220,658)
(250,124)
Net current liabilities
(194,589)
(190,383)
Net liabilities
(194,589)
(190,383)
Called up share capital
1,000
1,000
Profit and loss account
(195,589)
(191,383)
Shareholders' funds
(194,589)
(190,383)
For the year ending 31 March 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Haisen Ma
Director
Company Registration No. 11270335
Hewei International Co., Limited
Notes to the Accounts
for the year ended 31 March 2024
Hewei International Co., Limited is a private company, limited by shares, registered in England and Wales, registration number 11270335. The registered office is Unit 39a St Olav's Court, City Business Centre, Lower Road, London, SE16 2XB.
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.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Amounts falling due within one year
Trade debtors
2,255
32,603
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
20,345
49,811
Loans from directors
200,313
200,313
Hewei International Co., Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).