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Company Registration No. 08001759 (England and Wales)
Xiangli & Co. Ltd Unaudited accounts for the year ended 31 March 2024
Xiangli & Co. Ltd Unaudited accounts Contents
Page
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Xiangli & Co. Ltd Company Information for the year ended 31 March 2024
Director
Mr Hai-Ying Song
Secretary
Ms Hui Guo
Company Number
08001759 (England and Wales)
Registered Office
5 Richmond Lane Dartford Kent DA1 5UG UK
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Xiangli & Co. Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,545 
8,935 
Current assets
Debtors
700 
700 
Cash at bank and in hand
61,250 
37,244 
61,950 
37,944 
Creditors: amounts falling due within one year
(63,699)
(14,312)
Net current (liabilities)/assets
(1,749)
23,632 
Total assets less current liabilities
48,796 
32,567 
Creditors: amounts falling due after more than one year
(6,750)
(9,750)
Net assets
42,046 
22,817 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
41,846 
22,617 
Shareholders' funds
42,046 
22,817 
For the year ending 31 March 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 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 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 15 November 2024 and were signed on its behalf by
Mr Hai-Ying Song Director Company Registration No. 08001759
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Xiangli & Co. Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Xiangli & Co. Ltd is a private company, limited by shares, registered in England and Wales, registration number 08001759. The registered office is 5 Richmond Lane, Dartford, Kent, DA1 5UG, UK.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Five years
Motor vehicles
Five years
Fixtures & fittings
Five years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
26,673 
5,000 
13,203 
44,876 
Additions
- 
44,990 
1,199 
46,189 
Disposals
- 
(5,000)
- 
(5,000)
At 31 March 2024
26,673 
44,990 
14,402 
86,065 
Depreciation
At 1 April 2023
19,678 
5,000 
11,263 
35,941 
Charge for the year
2,894 
375 
1,310 
4,579 
On disposals
- 
(5,000)
- 
(5,000)
At 31 March 2024
22,572 
375 
12,573 
35,520 
Net book value
At 31 March 2024
4,101 
44,615 
1,829 
50,545 
At 31 March 2023
6,995 
- 
1,940 
8,935 
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Xiangli & Co. Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
700 
700 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
63,688 
13,942 
Taxes and social security
11 
11 
Accruals
- 
359 
63,699 
14,312 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,750 
9,750 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200 
200 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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