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REGISTERED NUMBER: 09104311 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

STO EXPRESS (UK) LTD

STO EXPRESS (UK) LTD (Registered number: 09104311)






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


STO EXPRESS (UK) LTD

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Ms T Zhang
Dr B Q Zhao
X Zhang





REGISTERED OFFICE: Unit 2
Nexus Close
Central Way, Feltham
England
TW14 0AF





REGISTERED NUMBER: 09104311 (England and Wales)





ACCOUNTANTS: Wilson & Co
Chartered Certified Accountants
3rd Floor
9 St. Clare Street
London
EC3N 1LQ

STO EXPRESS (UK) LTD (Registered number: 09104311)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,619 5,244

CURRENT ASSETS
Debtors 5 304,010 375,245
Cash at bank and in hand 47,471 90,114
351,481 465,359
CREDITORS
Amounts falling due within one year 6 305,544 444,578
NET CURRENT ASSETS 45,937 20,781
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,556

26,025

CAPITAL AND RESERVES
Called up share capital 201,100 48,100
Retained earnings (151,544 ) (22,075 )
49,556 26,025

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.

STO EXPRESS (UK) LTD (Registered number: 09104311)

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 Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by:





Ms T Zhang - Director


STO EXPRESS (UK) LTD (Registered number: 09104311)

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

1. STATUTORY INFORMATION

STO EXPRESS (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
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 - 20% on cost

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 15 (2022 - 12 ) .

STO EXPRESS (UK) LTD (Registered number: 09104311)

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 47,706
Additions 3,872
At 31 December 2023 51,578
DEPRECIATION
At 1 January 2023 42,462
Charge for year 5,497
At 31 December 2023 47,959
NET BOOK VALUE
At 31 December 2023 3,619
At 31 December 2022 5,244

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 132,842 120,320
Amounts owed by group undertakings 119,000 205,400
Other debtors 52,168 49,525
304,010 375,245

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 221,551 341,975
Taxation and social security 6,053 33,183
Other creditors 77,940 69,420
305,544 444,578

STO EXPRESS (UK) LTD (Registered number: 09104311)

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

7. 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:

31.12.23 31.12.22
£    £   
Ms T Zhang
Balance outstanding at start of year (12,200 ) (12,200 )
Amounts advanced (17,000 ) -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (29,200 ) (12,200 )