IRIS Accounts Production v24.2.0.383 SC653731 director 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC6537312023-04-30SC6537312024-04-30SC6537312023-05-012024-04-30SC6537312022-04-30SC6537312022-05-012023-04-30SC6537312023-04-30SC653731ns15:Scotland2023-05-012024-04-30SC653731ns14:PoundSterling2023-05-012024-04-30SC653731ns10:Director12023-05-012024-04-30SC653731ns10:PrivateLimitedCompanyLtd2023-05-012024-04-30SC653731ns10:SmallEntities2023-05-012024-04-30SC653731ns10:AuditExemptWithAccountantsReport2023-05-012024-04-30SC653731ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-30SC653731ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-30SC653731ns10:AbridgedAccounts2023-05-012024-04-30SC653731ns10:RegisteredOffice2023-05-012024-04-30SC653731ns5:CurrentFinancialInstruments2024-04-30SC653731ns5:CurrentFinancialInstruments2023-04-30SC653731ns5:Non-currentFinancialInstruments2024-04-30SC653731ns5:Non-currentFinancialInstruments2023-04-30SC653731ns5:ShareCapital2024-04-30SC653731ns5:ShareCapital2023-04-30SC653731ns5:RetainedEarningsAccumulatedLosses2024-04-30SC653731ns5:RetainedEarningsAccumulatedLosses2023-04-30SC653731ns5:PlantMachinery2023-05-012024-04-30SC653731ns5:FurnitureFittings2023-05-012024-04-30SC653731ns5:MotorVehicles2023-05-012024-04-30SC653731ns5:ComputerEquipment2023-05-012024-04-30
REGISTERED NUMBER: SC653731 (Scotland)










Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Guexpress Ltd

Guexpress Ltd (Registered number: SC653731)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

Guexpress Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Miss Ziyu Qiao





REGISTERED OFFICE: 52 Keith Court
Glasgow
G11 6QW





REGISTERED NUMBER: SC653731 (Scotland)





ACCOUNTANTS: T B Dunn & Co
Ground Floor (part)
8000 Academy Business Park
51 Gower Street
GLASGOW
G51 1PR

Guexpress Ltd (Registered number: SC653731)

Abridged Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,754 10,043

CURRENT ASSETS
Debtors 10,884 13,234
Cash at bank and in hand 3,871 19,668
14,755 32,902
CREDITORS
Amounts falling due within one year 1,530 1,426
NET CURRENT ASSETS 13,225 31,476
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,979

41,519

CREDITORS
Amounts falling due after more than one
year

66,200

66,200
NET LIABILITIES (26,221 ) (24,681 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (26,222 ) (24,682 )
SHAREHOLDERS' FUNDS (26,221 ) (24,681 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

Guexpress Ltd (Registered number: SC653731)

Abridged Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 September 2024 and were signed by:





Miss Ziyu Qiao - Director


Guexpress Ltd (Registered number: SC653731)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Guexpress Ltd is a private company, limited by shares , registered in Scotland. 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.

During the year the company had a net loss of £1,540 and has net liabilities of £26,221 as at 30th April 2024.

The company is supported by its director who has agreed to provide the company with financial support for the foreseeable future.

On the basis of the continued financial support, the accounts have been prepared under the going concern basis.

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 - 33% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Guexpress Ltd (Registered number: SC653731)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 18,438
Additions 23,261
At 30 April 2024 41,699
DEPRECIATION
At 1 May 2023 8,395
Charge for year 6,550
At 30 April 2024 14,945
NET BOOK VALUE
At 30 April 2024 26,754
At 30 April 2023 10,043

5. DIRECTOR'S LOAN

£
Director's loan 66,200

Included in note 8 above is a loan from the director Ziyu Qiao. The loan is unsecured and subordinated in favour of third-party creditors. No interest has been charged on the loan.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Guexpress Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Guexpress Ltd for the year ended 30 April 2024 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Guexpress Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Guexpress Ltd and state those matters that we have agreed to state to the director of Guexpress Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Guexpress Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Guexpress Ltd. You consider that Guexpress Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Guexpress Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






T B Dunn & Co
Ground Floor (part)
8000 Academy Business Park
51 Gower Street
GLASGOW
G51 1PR


10 September 2024