Acorah Software Products - Accounts Production 15.0.600 false true false 6 January 2023 31 January 2024 31 January 2024 14574251 Mr Liangliang Qi iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14574251 2023-01-05 14574251 2024-01-31 14574251 2023-01-06 2024-01-31 14574251 frs-core:CurrentFinancialInstruments 2024-01-31 14574251 frs-core:ShareCapital 2024-01-31 14574251 frs-core:RetainedEarningsAccumulatedLosses 2024-01-31 14574251 frs-bus:PrivateLimitedCompanyLtd 2023-01-06 2024-01-31 14574251 frs-bus:FilletedAccounts 2023-01-06 2024-01-31 14574251 frs-bus:SmallEntities 2023-01-06 2024-01-31 14574251 frs-bus:AuditExempt-NoAccountantsReport 2023-01-06 2024-01-31 14574251 frs-bus:SmallCompaniesRegimeForAccounts 2023-01-06 2024-01-31 14574251 frs-bus:Director1 2023-01-06 2024-01-31 14574251 frs-countries:EnglandWales 2023-01-06 2024-01-31
Registered number: 14574251
Wuwei International Trading Ltd
Financial Statements
For the Period 6 January 2023 to 31 January 2024
Prudence Accountancy
Office 704, JQ Modern
120 Vyse Street
Birmingham
B18 6NF
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 14574251
31 January 2024
Notes £ £
CURRENT ASSETS
Stocks 4 15,000
Debtors 5 48
Cash at bank and in hand 356
15,404
Creditors: Amounts Falling Due Within One Year 6 (22,090 )
NET CURRENT ASSETS (LIABILITIES) (6,686 )
TOTAL ASSETS LESS CURRENT LIABILITIES (6,686 )
NET LIABILITIES (6,686 )
CAPITAL AND RESERVES
Called up share capital 7 100
Profit and Loss Account (6,786 )
SHAREHOLDERS' FUNDS (6,686)
For the period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Liangliang Qi
Director
14/10/2024
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Wuwei International Trading Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14574251 . The registered office is 89 Grasmere Road, Long Eaton, Nottingham, NG10 4DZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.4. Foreign Currencies
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
2.5. Pensions
The company operates a defined pension contribution scheme-NEST. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 3
3
4. Stocks
31 January 2024
£
Stock 15,000
5. Debtors
31 January 2024
£
Due within one year
Trade debtors 48
Page 2
Page 3
6. Creditors: Amounts Falling Due Within One Year
31 January 2024
£
Other creditors 21,744
Taxation and social security 346
22,090
7. Share Capital
31 January 2024
£
Allotted, Called up and fully paid 100
Page 3