ASSA TRADING UK LTD

Company Registration Number:
10876959 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

ASSA TRADING UK LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ASSA TRADING UK LTD

Company Information

for the Period Ended 31 July 2024




Director: Catherine Xu
Secretary: Lu Xu
Registered office: Assa Trading Uk Ltd
71-75, Shelton Street
Covent Garden
London
England
WC2H 9JQ
Company Registration Number: 10876959 (England and Wales)

ASSA TRADING UK LTD

Directors' Report Period Ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Directors

The director(s) shown below were appointed to the company during the period
Catherine Xu
01 August 2023

Secretary
Lu Xu

This report was approved by the board of directors on 9 August 2024
And Signed On Behalf Of The Board By:

Name: Catherine Xu
Status: Director

ASSA TRADING UK LTD

Profit and Loss Account

for the Period Ended 31 July 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 12,550 13,000
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 17,919 ) ( 29,753 )
Operating Profit or (Loss) ( 5,369 ) ( 16,753 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 5,369 ) ( 16,753 )
Tax on Profit 471 1,262
Profit or (Loss) for Period ( 4,898 ) ( 15,491 )

The notes form part of these financial statements

ASSA TRADING UK LTD

Balance sheet

As at 31 July 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 89,000 89,000
Tangible assets: 5 205,741 213,588
Total fixed assets: 294,741 302,588
Current assets
Cash at bank and in hand: 2,079 1,380
Total current assets: 2,079 1,380
Creditors: amounts falling due within one year: ( 52,350 ) ( 54,639 )
Net current assets (liabilities): ( 50,271 ) ( 53,259 )
Total assets less current liabilities: 244,470 249,329
Creditors: amounts falling due after more than one year: ( 113,681 ) ( 114,386 )
Total net assets (liabilities): 130,789 134,943

The notes form part of these financial statements

ASSA TRADING UK LTD

Balance sheet continued

As at 31 July 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 50,000 50,000
Revaluation reserve: 6 176,355 93,029
Profit and loss account: ( 95,566 ) ( 8,086 )
Shareholders funds: 130,789 134,943

For the year ending 31 July 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 9 August 2024
And Signed On Behalf Of The Board By:

Name: Catherine Xu
Status: Director

The notes form part of these financial statements

ASSA TRADING UK LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ASSA TRADING UK LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

ASSA TRADING UK LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 3. Off balance sheet disclosure

    No

ASSA TRADING UK LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 4. Intangible assets

    Total
    Cost £
    At 01 August 2023 89,000
    Additions -
    Disposals -
    Revaluations -
    Transfers -
    At 31 July 2024 89,000
    Amortisation
    Charge for year -
    On disposals -
    Other adjustments -
    Amortisation at 31 July 2024 -
    Net book value
    Net book value at 31 July 2024 89,000
    Net book value at 31 July 2023 89,000

ASSA TRADING UK LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Tangible Assets

Total
Cost £
At 01 August 2023 213,588
Additions -
Disposals -
Revaluations -
Transfers -
At 31 July 2024 213,588
Depreciation
At 01 August 2023 -
Charge for year 7,847
On disposals -
Other adjustments -
At 31 July 2024 7,847
Net book value
At 31 July 2024 205,741
At 31 July 2023 213,588

ASSA TRADING UK LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Revaluation reserve


2024
£
Balance at 01 August 2023 93,029
Surplus or deficit after revaluation 83,326
Balance at 31 July 2024 176,355