Company Registration No. 12404952 (England and Wales)
Ming & Shen Limited
Unaudited accounts
for the year ended 31 January 2024
Ming & Shen Limited
Unaudited accounts
Contents
Ming & Shen Limited
Company Information
for the year ended 31 January 2024
Company Number
12404952 (England and Wales)
Registered Office
149 ST. MICHAELS HILL
BRISTOL
BS2 8DB
ENGLAND
Accountants
Lisa Li
Vintage House
36-37 Albert Embankment
London
SE1 7TL
Ming & Shen Limited
Statement of financial position
as at 31 January 2024
Intangible assets
1,987
1,987
Tangible assets
37,500
46,875
Cash at bank and in hand
1,108
8,588
Creditors: amounts falling due within one year
(193,123)
(171,283)
Net current liabilities
(189,783)
(160,087)
Net liabilities
(150,296)
(111,225)
Called up share capital
1
1
Profit and loss account
(150,297)
(111,226)
Shareholders' funds
(150,296)
(111,225)
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and authorised for issue on 31 October 2024 and were signed on its behalf by
Ms Xiaoming Zhao
Director
Company Registration No. 12404952
Ming & Shen Limited
Notes to the Accounts
for the year ended 31 January 2024
Ming & Shen Limited is a private company, limited by shares, registered in England and Wales, registration number 12404952. The registered office is 149 ST. MICHAELS HILL, BRISTOL, BS2 8DB, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Ming & Shen Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
14,534
60,000
74,534
At 31 January 2024
14,534
60,000
74,534
At 1 February 2023
5,152
22,507
27,659
Charge for the year
1,876
7,499
9,375
At 31 January 2024
7,028
30,006
37,034
At 31 January 2024
7,506
29,994
37,500
At 31 January 2023
9,382
37,493
46,875
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Loans from directors
190,258
169,368
The director loan of £200,000 from Ms Xiaoming Zhao is an unsecured and subordinated in favour of the third-party creditors basis
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).