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REGISTERED NUMBER: 07933499 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD

SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD (REGISTERED NUMBER: 07933499)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 29 FEBRUARY 2024







DIRECTORS: Mr D J Raper
Dr A Shen





REGISTERED OFFICE: Unit 10
Station Road
Brompton on Swale
Richmond
North Yorkshire
DL10 7SN





REGISTERED NUMBER: 07933499 (England and Wales)





ACCOUNTANTS: Lyons & Co Ltd
23 Yarm Road
Stockton on Tees
TS18 3NJ

SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD (REGISTERED NUMBER: 07933499)

ABRIDGED BALANCE SHEET
29 FEBRUARY 2024

29/2/24 28/2/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,600 7,890

CURRENT ASSETS
Stocks 670 643
Debtors 1,080 1,743
Cash at bank 25,035 22,831
26,785 25,217
CREDITORS
Amounts falling due within one year 15,977 14,933
NET CURRENT ASSETS 10,808 10,284
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,408

18,174

PROVISIONS FOR LIABILITIES 5 1,242 1,253
NET ASSETS 17,166 16,921

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 17,066 16,821
SHAREHOLDERS' FUNDS 17,166 16,921

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD (REGISTERED NUMBER: 07933499)

ABRIDGED BALANCE SHEET - continued
29 FEBRUARY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2024 and were signed on its behalf by:





Dr A Shen - Director


SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD (REGISTERED NUMBER: 07933499)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1. STATUTORY INFORMATION

Sino-Brit Technology and Culture Development Company Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Tools & equipment - 25% on reducing balance
Office equipment - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 28,458
Additions 1,798
At 29 February 2024 30,256
DEPRECIATION
At 1 March 2023 20,568
Charge for year 2,088
At 29 February 2024 22,656
NET BOOK VALUE
At 29 February 2024 7,600
At 28 February 2023 7,890

SINO-BRIT TECHNOLOGY AND CULTURE
DEVELOPMENT COMPANY LTD (REGISTERED NUMBER: 07933499)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29 FEBRUARY 2024

5. PROVISIONS FOR LIABILITIES
29/2/24 28/2/23
£    £   
Deferred tax 1,242 1,253

Deferred
tax
£   
Balance at 1 March 2023 1,253
Provided during year (11 )
Balance at 29 February 2024 1,242