1 December 2022 false No description of principal activity Taxfiler 2024.5 13745520business:PrivateLimitedCompanyLtd2022-12-012023-11-30 137455202022-11-30 137455202022-12-012023-11-30 13745520business:AuditExempt-NoAccountantsReport2022-12-012023-11-30 13745520business:FilletedAccounts2022-12-012023-11-30 137455202023-11-30 13745520business:Director12022-12-012023-11-30 13745520business:Director22022-12-012023-11-30 13745520business:RegisteredOffice2022-12-012023-11-30 137455202022-11-30 13745520core:WithinOneYear2023-11-30 13745520core:WithinOneYear2022-11-30 13745520core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13745520core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 13745520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13745520core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 13745520core:PreviouslyStatedAmount2023-11-30 13745520core:PreviouslyStatedAmount2022-11-30 13745520business:SmallEntities2022-12-012023-11-30 13745520countries:EnglandWales2022-12-012023-11-30 137455202021-11-162022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13745520 (England and Wales)
Surpass International Trading Ltd Unaudited accounts for the year ended 30 November 2023
Surpass International Trading Ltd Unaudited accounts Contents
Page
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Surpass International Trading Ltd Company Information for the year ended 30 November 2023
Directors
Hoi Tung Lau Oi Yi Wong
Company Number
13745520 (England and Wales)
Registered Office
29 Gorsymead Grove Birmingham B31 5JL
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Surpass International Trading Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Debtors
- 
47,452 
Cash at bank and in hand
31,670 
24 
31,670 
47,476 
Creditors: amounts falling due within one year
(61,513)
(51,783)
Net current liabilities
(29,843)
(4,307)
Net liabilities
(29,843)
(4,307)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(29,943)
(4,407)
Shareholders' funds
(29,843)
(4,307)
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2024 and were signed on its behalf by
Hoi Tung Lau Director Company Registration No. 13745520
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Surpass International Trading Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Surpass International Trading Ltd is a private company, limited by shares, registered in England and Wales, registration number 13745520. The registered office is 29 Gorsymead Grove, Birmingham, B31 5JL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Foreign exchange
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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
47,452 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
14,788 
- 
Loans from directors
46,005 
51,063 
Accruals
720 
720 
61,513 
51,783 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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