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Company Registration No. 10745048 (England and Wales)
XINGHAI INVESTMENT LIMITED Unaudited accounts for the year ended 30 April 2024
XINGHAI INVESTMENT LIMITED Unaudited accounts Contents
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XINGHAI INVESTMENT LIMITED Company Information for the year ended 30 April 2024
Director
Peter Glendinning LEONARD
Company Number
10745048 (England and Wales)
Registered Office
51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD 51 HEATHER ROAD BINLEY WOODS COVENTRY CV3 2DE
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XINGHAI INVESTMENT LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
50,564 
56,884 
Current assets
Debtors
748 
748 
Cash at bank and in hand
9,034 
337 
9,782 
1,085 
Creditors: amounts falling due within one year
(29,095)
(12,781)
Net current liabilities
(19,313)
(11,696)
Total assets less current liabilities
31,251 
45,188 
Creditors: amounts falling due after more than one year
(34,209)
(36,164)
Net (liabilities)/assets
(2,958)
9,024 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(2,959)
9,023 
Shareholders' funds
(2,958)
9,024 
For the year ending 30 April 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 31 January 2025 and were signed on its behalf by
Peter Glendinning LEONARD Director Company Registration No. 10745048
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XINGHAI INVESTMENT LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
XINGHAI INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10745048. The registered office is 51 HEATHER ROAD, BINLEY WOODS, COVENTRY, CV3 2DE.
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.
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:
Motor vehicles
10% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 May 2023
86,700 
At 30 April 2024
86,700 
Depreciation
At 1 May 2023
29,816 
Charge for the year
6,320 
At 30 April 2024
36,136 
Net book value
At 30 April 2024
50,564 
At 30 April 2023
56,884 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
748 
748 
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XINGHAI INVESTMENT LIMITED Notes to the Accounts for the year ended 30 April 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
6,984 
6,984 
Taxes and social security
1,057 
1,057 
Other creditors
18,049 
- 
Loans from directors
205 
1,940 
Accruals
2,800 
2,800 
29,095 
12,781 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
34,209 
36,164 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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