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REGISTERED NUMBER: 08521127 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Minox Trading Limited

Minox Trading Limited (Registered number: 08521127)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Minox Trading Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: W Zhang





SECRETARY:





REGISTERED OFFICE: 14-15 St. Ebbes Street
Oxford
OX1 1QQ





REGISTERED NUMBER: 08521127 (England and Wales)






Minox Trading Limited (Registered number: 08521127)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,144 72,931

CURRENT ASSETS
Stocks 549,014 285,541
Debtors 5 662,693 573,041
Cash at bank 173,392 755,824
1,385,099 1,614,406
CREDITORS
Amounts falling due within one year 6 766,904 1,008,455
NET CURRENT ASSETS 618,195 605,951
TOTAL ASSETS LESS CURRENT
LIABILITIES

666,339

678,882

CREDITORS
Amounts falling due after more than one
year

7

22,934

33,165
NET ASSETS 643,405 645,717

CAPITAL AND RESERVES
Called up share capital 200,000 200,000
Retained earnings 443,405 445,717
SHAREHOLDERS' FUNDS 643,405 645,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Minox Trading Limited (Registered number: 08521127)

Balance Sheet - continued
30 November 2023


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 6 September 2024 and were signed by:





W Zhang - Director


Minox Trading Limited (Registered number: 08521127)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Minox Trading 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 - 25% on cost and 20% on cost

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

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2022 - 8 ) .

Minox Trading Limited (Registered number: 08521127)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022 265,207
Additions 13,045
At 30 November 2023 278,252
DEPRECIATION
At 1 December 2022 192,276
Charge for year 37,832
At 30 November 2023 230,108
NET BOOK VALUE
At 30 November 2023 48,144
At 30 November 2022 72,931

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 66,501 73,041
Other debtors 596,192 500,000
662,693 573,041

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 638,850 735,233
Taxation and social security 8,580 63,627
Other creditors 119,474 209,595
766,904 1,008,455

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 22,934 33,165

8. ULTIMATE CONTROLLING PARTY

The controlling party is W Zhang.