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Registration number: 06041313

China-Parts Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 January 2024

 

China-Parts Limited

Contents

Company Information

1

Abridged Balance Sheet

2 to 3

Notes to the Unaudited Abridged Financial Statements

4 to 5

 

China-Parts Limited

Company Information

Director

Derek Edward Pearce

Registered office

China Parts House
Units 1-2
Hare Law Industrial Estate
Stanley
County Durham
DH9 8UJ

Accountants

Bentley Accountancy Limited
Biz Hub
Coxwold Way
Belasis Hall Technology Park
Billingham
TS23 4EA

 

China-Parts Limited

(Registration number: 06041313)
Abridged Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

147,273

128,739

Current assets

 

Stocks

40,000

45,000

Debtors

1,993

3,187

Cash at bank and in hand

 

237,463

251,050

 

279,456

299,237

Prepayments and accrued income

 

490

490

Creditors: Amounts falling due within one year

(70,686)

(79,146)

Net current assets

 

209,260

220,581

Total assets less current liabilities

 

356,533

349,320

Creditors: Amounts falling due after more than one year

(31,667)

(36,667)

Provisions for liabilities

(10,287)

(5,771)

Accruals and deferred income

 

(1,600)

(1,600)

Net assets

 

312,979

305,282

Capital and reserves

 

Called up share capital

5

2

2

Retained earnings

312,977

305,280

Shareholders' funds

 

312,979

305,282

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

 

China-Parts Limited

(Registration number: 06041313)
Abridged Balance Sheet as at 31 January 2024

Approved and authorised by the director on 28 October 2024
 

.........................................

Derek Edward Pearce

Director

 

China-Parts Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
China Parts House
Units 1-2
Hare Law Industrial Estate
Stanley
County Durham
DH9 8UJ

The principal place of business is:
China Parts House
Units 1-2
Hare Law Industrial Estate
Stanley
County Durham
DH9 8UJ

These financial statements were authorised for issue by the director on 28 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2023 - 2).

 

China-Parts Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 January 2024

4

Tangible assets

Land and buildings
£

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 February 2023

98,365

43,620

43,599

185,584

Additions

-

20,739

14,167

34,906

At 31 January 2024

98,365

64,359

57,766

220,490

Depreciation

At 1 February 2023

-

35,363

21,482

56,845

Charge for the year

-

7,301

9,071

16,372

At 31 January 2024

-

42,664

30,553

73,217

Carrying amount

At 31 January 2024

98,365

21,695

27,213

147,273

At 31 January 2023

98,365

8,257

22,117

128,739

Included within the net book value of land and buildings above is £98,365 (2023 - £98,365) in respect of freehold land and buildings.
 

5

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary of £1 each

2

2

2

2