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REGISTERED NUMBER: 03888166 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Mount Fuji International Limited

Mount Fuji International Limited (Registered number: 03888166)






Contents of the Financial Statements
for the year ended 30 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Mount Fuji International Limited

Company Information
for the year ended 30 April 2024







DIRECTORS: A J Yamaguchi-Cooke
Mrs Y Yamaguchi-Cooke



SECRETARY: A J Yamaguchi-Cooke



REGISTERED OFFICE: North Farm
Felton Butler
Montford Bridge
Shrewsbury
Shropshire
SY4 1AS



REGISTERED NUMBER: 03888166 (England and Wales)



ACCOUNTANTS: WR Partners
Chartered Accountants
Belmont House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG



BANKERS: HSBC Bank Plc
The Cross
Oswestry
Shropshire
SY11 2SR

Mount Fuji International Limited (Registered number: 03888166)

Statement of Financial Position
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,829 143

CURRENT ASSETS
Stocks 4,000 4,000
Debtors 5 39,035 43,689
Cash at bank and in hand 56,564 87,779
99,599 135,468
CREDITORS
Amounts falling due within one year 6 74,886 95,581
NET CURRENT ASSETS 24,713 39,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,542

40,030

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 32,442 39,930
SHAREHOLDERS' FUNDS 32,542 40,030

Mount Fuji International Limited (Registered number: 03888166)

Statement of Financial Position - continued
30 April 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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

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 13 January 2025 and were signed on its behalf by:





A J Yamaguchi-Cooke - Director


Mount Fuji International Limited (Registered number: 03888166)

Notes to the Financial Statements
for the year ended 30 April 2024

1. STATUTORY INFORMATION

Mount Fuji International Limited 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.
Plant and machinery etc - 33% on cost and 20% on cost

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

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Basic financial assets, including trade and other receivables and cash and bank balances are initially recognised at transaction price and subsequently carried at amortised cost with an assessment for objective evidence of impairment. Any impairment is recognised in profit and loss.

Basic financial liabilities including trade and other creditors are initially recognised at transaction price and subsequently carried at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Mount Fuji International Limited (Registered number: 03888166)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 13 (2023 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 12,919 1,864 2,614 17,397
Additions 8,375 - - 8,375
At 30 April 2024 21,294 1,864 2,614 25,772
DEPRECIATION
At 1 May 2023 12,919 1,864 2,471 17,254
Charge for year 659 - 30 689
At 30 April 2024 13,578 1,864 2,501 17,943
NET BOOK VALUE
At 30 April 2024 7,716 - 113 7,829
At 30 April 2023 - - 143 143

Mount Fuji International Limited (Registered number: 03888166)

Notes to the Financial Statements - continued
for the year ended 30 April 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 39,035 43,689

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 9,705 -
Amounts owed to associates - 15,170
Taxation and social security 44,768 36,499
Other creditors 20,413 43,912
74,886 95,581

7. RELATED PARTY DISCLOSURES

Included in creditors due within one year is an amount of £Nil (2023 - £15,170) due to Mount Fuji Limited, a company under common control.

Also included in debtors due within one year is an amount of £28,287 (2023 - £31,687) due from the directors of the company. This balance is repayable on demand. No interest was paid on this balance during the year.

During the year dividends of £28,268 (2023 - £33,825) were paid out by the company and received by the directors.