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Company Registration No. 12367816 (England and Wales)
FAIRWIND INTERNATIONAL SHIPPING CO., LTD. Unaudited accounts for the year ended 31 December 2023
FAIRWIND INTERNATIONAL SHIPPING CO., LTD. Unaudited accounts Contents
Page
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FAIRWIND INTERNATIONAL SHIPPING CO., LTD. Company Information for the year ended 31 December 2023
Director
WEIMIN CHEN
Company Number
12367816 (England and Wales)
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FAIRWIND INTERNATIONAL SHIPPING CO., LTD. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
2,441,332 
998,444 
Cash at bank and in hand
580,376 
2,877,372 
3,021,708 
3,875,816 
Creditors: amounts falling due within one year
(8,732,580)
(8,467,867)
Net current liabilities
(5,710,872)
(4,592,051)
Net liabilities
(5,710,872)
(4,592,051)
Capital and reserves
Called up share capital
376,796 
376,796 
Profit and loss account
(6,087,668)
(4,968,847)
Shareholders' funds
(5,710,872)
(4,592,051)
For the year ending 31 December 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 his 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 20 August 2024 and were signed on its behalf by
WEIMIN CHEN Director Company Registration No. 12367816
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FAIRWIND INTERNATIONAL SHIPPING CO., LTD. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
FAIRWIND INTERNATIONAL SHIPPING CO., LTD. is a private company, limited by shares, registered in England and Wales, registration number 12367816.
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.
3
Accounting policies
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 25 December 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
2,441,332 
998,444 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Other creditors
8,732,580 
8,467,867 
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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