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REGISTERED NUMBER: 13075001 (England and Wales)




















Jackery UK Ltd

Unaudited Financial Statements

for the Year Ended 31 December 2023






Jackery UK Ltd (Registered number: 13075001)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Jackery UK Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Ms M Wen



SECRETARY: Whitelaw Wells



REGISTERED OFFICE: Suite B
Fairgate House, 205 Kings Road
Tyseley
Birmingham
B11 2AA



REGISTERED NUMBER: 13075001 (England and Wales)



ACCOUNTANTS: Whitelaw Wells
9 Ainslie Place
Edinburgh
Midlothian
EH3 6AT



BANKERS: Barclays Bank Plc
1 Churchill Place
Leicester
LE87 2BB

Jackery UK Ltd (Registered number: 13075001)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Stocks 1,537,932 206,134
Debtors 4 132,723 10,971
Cash at bank 167,153 29,531
1,837,808 246,636
CREDITORS
Amounts falling due within one year 5 2,219,791 278,697
NET CURRENT LIABILITIES (381,983 ) (32,061 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(381,983

)

(32,061

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (382,083 ) (32,161 )
(381,983 ) (32,061 )

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 her 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.

Jackery UK Ltd (Registered number: 13075001)

Balance Sheet - continued
31 December 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:





Ms M Wen - Director


Jackery UK Ltd (Registered number: 13075001)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Jackery UK 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 and revenue recognition
Turnover, which represents invoiced sales of goods, is recognised at the point when goods are delivered to the customer.

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

Financial instruments
The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

All loans with related parties are all repayable on demand.

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.


Jackery UK Ltd (Registered number: 13075001)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 132,723 -
Other debtors - 10,971
132,723 10,971

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 1 -
Trade creditors 156,866 -
Amounts owed to group undertakings 1,910,099 273,914
Taxation and social security 133,590 -
Other creditors 19,235 4,783
2,219,791 278,697

Jackery UK Ltd (Registered number: 13075001)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. RELATED PARTY DISCLOSURES

Hong Kong Hello Tech Energy Co., Limited is the immediate parent company, a private company incorporated in Hong Kong. There was a balance of £1,152,823 (2022: £256,525) due to Hong Kong Hello Tech Energy Co., Limited on 31 December 2023. The balance is interest free and repayable on demand.

Jackery Inc. is a wholly owned subsidiary of Hong Kong Hello Tech Energy Co. Limited, a private company incorporated in United States. There was a balance of £757,092 (2022: £17,389) due to Jackery Inc. on 31 December 2023. The balance is interest free and repayable on demand.

Jackery Technology Gmbh is a wholly owned subsidiary of Hong Kong Hello Tech Energy Co. Limited, a private company incorporated in Germany. There was a balance of £183 (2022: £Nil) due to Jackery Technology Gmbh on 31 December 2023. The balance is interest free and repayable on demand.

7. ULTIMATE CONTROLLING PARTY

Shenzhen Hello Tech Energy Co., Ltd is the company's ultimate parent company which was incorporated in Shenzhen, Guangdong, China. Mr Z Sun is regarded by the director as being the company's ultimate controlling party.

8. GOING CONCERN

The financial statements have been prepared on the going concern principal which assumes that the company will continue to function in the foreseeable future. In order to do so the company will require the continued support of its director, bankers and creditors. The director will continue to support the company and is confident of the continued support of the bank and creditors.