Company Registration No. 07964051 (England and Wales)
SHENG XIANG LTD
Unaudited accounts
for the year ended 29 February 2024
SHENG XIANG LTD
Unaudited accounts
Contents
SHENG XIANG LTD
Company Information
for the year ended 29 February 2024
Company Number
07964051 (England and Wales)
Registered Office
UNIT 1 PRINCE FREDERICK
35-37 MADDOX STREET
LONDON
W1S 2PP
ENGLAND
Accountants
Samir and Co
254 Goldhawk Road
London
W12 9PE
SHENG XIANG LTD
Statement of financial position
as at 29 February 2024
Intangible assets
20,000
20,000
Tangible assets
117,508
117,508
Cash at bank and in hand
-
20,378
Creditors: amounts falling due within one year
(325,759)
(311,529)
Net current liabilities
(325,759)
(277,712)
Total assets less current liabilities
(188,251)
(140,204)
Creditors: amounts falling due after more than one year
-
(48,047)
Net liabilities
(188,251)
(188,251)
Called up share capital
141,864
141,864
Profit and loss account
(330,115)
(330,115)
Shareholders' funds
(188,251)
(188,251)
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 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 30 November 2024 and were signed on its behalf by
Iftakhar ALI
Director
Company Registration No. 07964051
SHENG XIANG LTD
Notes to the Accounts
for the year ended 29 February 2024
SHENG XIANG LTD is a private company, limited by shares, registered in England and Wales, registration number 07964051. The registered office is UNIT 1 PRINCE FREDERICK, 35-37 MADDOX STREET, LONDON, W1S 2PP, 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.
4
Intangible fixed assets
Other
At 29 February 2024
20,000
At 29 February 2024
20,000
At 28 February 2023
20,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 March 2023
113,551
14,198
127,749
At 29 February 2024
113,551
14,198
127,749
At 1 March 2023
-
10,241
10,241
At 29 February 2024
-
10,241
10,241
At 29 February 2024
113,551
3,957
117,508
At 28 February 2023
113,551
3,957
117,508
SHENG XIANG LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
325,759
284,324
Taxes and social security
-
14,130
Loans from directors
-
13,075
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 23 (2023: 23).