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Company Registration No. 10775579 (England and Wales)
Anji Orient Limited Unaudited accounts for the year ended 31 May 2024
Anji Orient Limited Unaudited accounts Contents
Page
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Anji Orient Limited Company Information for the year ended 31 May 2024
Director
S Y Kuek
Company Number
10775579 (England and Wales)
Registered Office
164 New Cavendish Street London W1W 6YT
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Anji Orient Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,356 
20,707 
Current assets
Inventories
17,150 
17,950 
Debtors
85,009 
98,423 
Cash at bank and in hand
84,668 
106,512 
186,827 
222,885 
Creditors: amounts falling due within one year
(127,162)
(139,271)
Net current assets
59,665 
83,614 
Total assets less current liabilities
68,021 
104,321 
Creditors: amounts falling due after more than one year
(27,778)
(33,333)
Net assets
40,243 
70,988 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
40,143 
70,888 
Shareholders' funds
40,243 
70,988 
For the year ending 31 May 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 24 January 2025 and were signed on its behalf by
S Y Kuek Director Company Registration No. 10775579
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Anji Orient Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Anji Orient Limited is a private company, limited by shares, registered in England and Wales, registration number 10775579. The registered office is 164 New Cavendish Street, London, W1W 6YT.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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:
Plant & machinery
20% on costs
Fixtures & fittings
20% on costs
Computer equipment
20% on costs
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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Anji Orient Limited Notes to the Accounts for the year ended 31 May 2024
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 June 2023
1 
15,001 
15,002 
At 31 May 2024
1 
15,001 
15,002 
Amortisation
At 1 June 2023
1 
15,001 
15,002 
At 31 May 2024
1 
15,001 
15,002 
Net book value
At 31 May 2024
- 
- 
- 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
15,196 
47,161 
2,616 
64,973 
Additions
804 
- 
- 
804 
At 31 May 2024
16,000 
47,161 
2,616 
65,777 
Depreciation
At 1 June 2023
10,108 
32,189 
1,969 
44,266 
Charge for the year
3,200 
9,432 
523 
13,155 
At 31 May 2024
13,308 
41,621 
2,492 
57,421 
Net book value
At 31 May 2024
2,692 
5,540 
124 
8,356 
At 31 May 2023
5,088 
14,972 
647 
20,707 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,111 
5,165 
Trade debtors
10,887 
23,370 
Accrued income and prepayments
5,261 
6,138 
Other debtors
63,750 
63,750 
85,009 
98,423 
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Anji Orient Limited Notes to the Accounts for the year ended 31 May 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,556 
5,555 
Trade creditors
22,956 
24,267 
Taxes and social security
14,235 
20,041 
Other creditors
43,140 
38,287 
Loans from directors
41,254 
50,532 
Accruals
21 
589 
127,162 
139,271 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
27,778 
33,333 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Transactions with related parties
Included in the other creditors is an amount of £41,254 (2023: £50,532) owed by the company to Ms S Y Kuek, a sole director and 51% shareholder of the company. During the year interim dividends of £30,090 (2023: £30,090) were paid to Ms S Y Kuek.
11
Average number of employees
During the year the average number of employees was 11 (2023: 12).
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