Company Registration No. 11221746 (England and Wales)
Imex China Trade Limited
Unaudited accounts
for the year ended 29 February 2024
Imex China Trade Limited
Unaudited accounts
Contents
Imex China Trade Limited
Company Information
for the year ended 29 February 2024
Company Number
11221746 (England and Wales)
Registered Office
Unit 11 Bridge Road Industrial Estate
Kingswood
Bristol
South Gloucestershir
BS15 4TA
UK
Imex China Trade Limited
Statement of financial position
as at 29 February 2024
Tangible assets
40,070
10,127
Cash at bank and in hand
41,080
66,442
Creditors: amounts falling due within one year
(106,145)
(82,113)
Net current liabilities
(60,055)
(15,671)
Net liabilities
(19,985)
(5,544)
Called up share capital
100
100
Profit and loss account
(20,085)
(5,644)
Shareholders' funds
(19,985)
(5,544)
For the year ending 29 February 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 18 November 2024 and were signed on its behalf by
Nancy Myers
Director
Company Registration No. 11221746
Imex China Trade Limited
Notes to the Accounts
for the year ended 29 February 2024
Imex China Trade Limited is a private company, limited by shares, registered in England and Wales, registration number 11221746. The registered office is Unit 11 Bridge Road Industrial Estate, Kingswood, Bristol, South Gloucestershir, BS15 4TA, 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.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
17,352
-
3,204
20,556
Additions
-
43,250
-
43,250
Disposals
(3,965)
-
(1,327)
(5,292)
At 29 February 2024
13,387
43,250
1,877
58,514
At 1 March 2023
8,302
-
2,127
10,429
Charge for the year
2,355
10,813
137
13,305
On disposals
(3,964)
-
(1,326)
(5,290)
At 29 February 2024
6,693
10,813
938
18,444
At 29 February 2024
6,694
32,437
939
40,070
At 28 February 2023
9,050
-
1,077
10,127
Amounts falling due within one year
Imex China Trade Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
12
(6,166)
Loans from directors
101,979
86,252
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).