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REGISTERED NUMBER: 05610443 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ANGLO CHINA SOURCING LIMITED

ANGLO CHINA SOURCING LIMITED (REGISTERED NUMBER: 05610443)






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


ANGLO CHINA SOURCING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: T C Kleingeld
O Kleingeld





REGISTERED OFFICE: Langham Barns Business Centre
Langham Lane
Langham
Colchester
Essex
CO4 5ZS





REGISTERED NUMBER: 05610443 (England and Wales)





ACCOUNTANTS: RE Group Accountants Limited
The Maltings
Rosemary Lane
Halstead
Essex
CO9 1HZ

ANGLO CHINA SOURCING LIMITED (REGISTERED NUMBER: 05610443)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,039 4,209

CURRENT ASSETS
Debtors 5 318,726 160,291
Cash at bank 51,090 178,426
369,816 338,717
CREDITORS
Amounts falling due within one year 6 371,810 330,073
NET CURRENT (LIABILITIES)/ASSETS (1,994 ) 8,644
TOTAL ASSETS LESS CURRENT LIABILITIES 1,045 12,853

CAPITAL AND RESERVES
Called up share capital 7 70 70
Capital redemption reserve 30 30
Retained earnings 945 12,753
SHAREHOLDERS' FUNDS 1,045 12,853

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 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.

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 Board of Directors and authorised for issue on 2 September 2024 and were signed on its behalf by:




T C Kleingeld - Director


ANGLO CHINA SOURCING LIMITED (REGISTERED NUMBER: 05610443)

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

1. STATUTORY INFORMATION

Anglo China Sourcing Limited 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 etc - 33% on cost, 25% on reducing balance and 15% on reducing balance

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

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

ANGLO CHINA SOURCING LIMITED (REGISTERED NUMBER: 05610443)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 13,325
DEPRECIATION
At 1 January 2023 9,116
Charge for year 1,170
At 31 December 2023 10,286
NET BOOK VALUE
At 31 December 2023 3,039
At 31 December 2022 4,209

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 70,054 121,114
Other debtors 248,672 39,177
318,726 160,291

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 41,992 58,562
Taxation and social security 14,113 28,149
Other creditors 315,705 243,362
371,810 330,073

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
35 Ordinary A 1 35 35
35 Ordinary B 1 35 35
70 70

ANGLO CHINA SOURCING LIMITED (REGISTERED NUMBER: 05610443)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
T C Kleingeld
Balance outstanding at start of year (950 ) 5,342
Amounts advanced 175,678 174,353
Amounts repaid (117,878 ) (180,645 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 56,850 (950 )

Interest has been charged at the standard HMRC rate. The amount outstanding is repayable on demand.