Company Registration No. 10891465 (England and Wales)
Far Eastern Trading Limited
Unaudited accounts
for the year ended 31 July 2023
Far Eastern Trading Limited
Unaudited accounts
Contents
Far Eastern Trading Limited
Company Information
for the year ended 31 July 2023
Director
Ms Mei Minh Luong
Company Number
10891465 (England and Wales)
Registered Office
133 Creek Road
London
SE8 3BU
United Kingdom
Accountants
A2B Tax Ltd
133 Creek Road
London
SE8 3BU
Far Eastern Trading Limited
Statement of financial position
as at 31 July 2023
Tangible assets
525,500
465,000
Cash at bank and in hand
39,158
4,342
Creditors: amounts falling due within one year
(42,231)
(3,926)
Net current assets
7,927
11,416
Total assets less current liabilities
533,427
476,416
Creditors: amounts falling due after more than one year
(492,796)
(456,870)
Called up share capital
1
1
Profit and loss account
40,630
19,545
Shareholders' funds
40,631
19,546
For the year ending 31 July 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 31 July 2024 and were signed on its behalf by
Ms Mei Minh Luong
Director
Company Registration No. 10891465
Far Eastern Trading Limited
Notes to the Accounts
for the year ended 31 July 2023
Far Eastern Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 10891465. The registered office is 133 Creek Road, London, SE8 3BU, United Kingdom.
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:
4
Tangible fixed assets
Land & buildings
Amounts falling due within one year
Other debtors
11,000
11,000
Far Eastern Trading Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
5,826
2,306
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
430,507
381,736
8
Average number of employees
During the year the average number of employees was 3 (2022: 2).