Registered number
12416298
Jinhuihua UK Limited
Filleted Accounts
31 January 2024
Jinhuihua UK Limited
Registered number: 12416298
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Stocks 186,000 144,000
Cash at bank and in hand 1,872 45,760
187,872 189,760
Creditors: amounts falling due within one year 3 (182,986) (191,140)
Net current assets/(liabilities) 4,886 (1,380)
Net assets/(liabilities) 4,886 (1,380)
Capital and reserves
Called up share capital 100 100
Profit and loss account 4,786 (1,480)
Shareholder's funds 4,886 (1,380)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Lian Huang
Director
Approved by the board on 15 October 2024
Jinhuihua UK Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 1,122 -
Other creditors 181,864 191,140
182,986 191,140
4 Other information
Jinhuihua UK Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Roedean Way
Brighton
BN2 5RJ
Jinhuihua UK Limited 12416298 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2024 Lian Huang No description of principal activity 12416298 2022-02-01 2023-01-31 12416298 core:WithinOneYear 2023-01-31 12416298 core:ShareCapital 2023-01-31 12416298 core:RetainedEarningsAccumulatedLosses 2023-01-31 12416298 2023-02-01 2024-01-31 12416298 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 12416298 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 12416298 bus:Director40 2023-02-01 2024-01-31 12416298 1 2023-02-01 2024-01-31 12416298 2 2023-02-01 2024-01-31 12416298 countries:England 2023-02-01 2024-01-31 12416298 bus:FRS102 2023-02-01 2024-01-31 12416298 bus:FilletedAccounts 2023-02-01 2024-01-31 12416298 2024-01-31 12416298 core:WithinOneYear 2024-01-31 12416298 core:ShareCapital 2024-01-31 12416298 core:RetainedEarningsAccumulatedLosses 2024-01-31 12416298 2023-01-31 iso4217:GBP xbrli:pure