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REGISTERED NUMBER: 11093032 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HONG KONG (LC) LTD

HONG KONG (LC) LTD (REGISTERED NUMBER: 11093032)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HONG KONG (LC) LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: Y Li





REGISTERED OFFICE: 128 Common Road
Wombourne
WV5 0NB





REGISTERED NUMBER: 11093032 (England and Wales)





ACCOUNTANTS: Jeffrey C C Hoong FCCA
Hoong & Company
7 Lorian Close
Woodside Park
London
N12 7DW

HONG KONG (LC) LTD (REGISTERED NUMBER: 11093032)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,021 1,276

CURRENT ASSETS
Stocks 5 1,910 1,820
Cash at bank 19,806 20,796
21,716 22,616
CREDITORS
Amounts falling due within one year 6 5,423 6,035
NET CURRENT ASSETS 16,293 16,581
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,314

17,857

CREDITORS
Amounts falling due after more than one year 7 5,101 5,101
NET ASSETS 12,213 12,756

CAPITAL AND RESERVES
Called up share capital 8 10 10
Retained earnings 9 12,203 12,746
SHAREHOLDERS' FUNDS 12,213 12,756

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

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

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 August 2024 and were signed by:





Y Li - Director


HONG KONG (LC) LTD (REGISTERED NUMBER: 11093032)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Hong Kong (LC) 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 2,002
DEPRECIATION
At 1 January 2023 726
Charge for year 255
At 31 December 2023 981
NET BOOK VALUE
At 31 December 2023 1,021
At 31 December 2022 1,276

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 1,910 1,820

HONG KONG (LC) LTD (REGISTERED NUMBER: 11093032)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 2,364 1,515
Tax 1,809 3,520
Accrued expenses 1,250 1,000
5,423 6,035

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Other creditors 5,101 5,101

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
10 Ordinary £1 10 10

9. RESERVES
Retained
earnings
£   

At 1 January 2023 12,746
Profit for the year 7,457
Dividends (8,000 )
At 31 December 2023 12,203