Channel to China Limited 10427612 true 2024-03-01 2024-12-31 2024-12-31 The principal activity of the company is that of a dormant company. Digita Accounts Production Advanced 6.30.9574.0 true M McEllone M E Strand R K Vaage F Trearty false 10427612 2024-03-01 2024-12-31 10427612 2024-12-31 10427612 core:ShareCapital 2024-12-31 10427612 core:CurrentFinancialInstruments 2024-12-31 10427612 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 10427612 bus:FRS102 2024-03-01 2024-12-31 10427612 bus:AuditExempt-NoAccountantsReport 2024-03-01 2024-12-31 10427612 bus:FullAccounts 2024-03-01 2024-12-31 10427612 bus:RegisteredOffice 2024-03-01 2024-12-31 10427612 bus:Director3 2024-03-01 2024-12-31 10427612 bus:Director4 2024-03-01 2024-12-31 10427612 bus:Director6 2024-03-01 2024-12-31 10427612 bus:Director8 2024-03-01 2024-12-31 10427612 bus:EntityHasNeverTraded 2024-03-01 2024-12-31 10427612 bus:PrivateLimitedCompanyLtd 2024-03-01 2024-12-31 10427612 core:RetainedEarningsAccumulatedLosses 2024-03-01 2024-12-31 10427612 1 2024-03-01 2024-12-31 10427612 countries:EnglandWales 2024-03-01 2024-12-31 10427612 2023-03-01 2024-02-29 10427612 2024-02-29 10427612 core:ShareCapital 2024-02-29 10427612 core:CurrentFinancialInstruments 2024-02-29 10427612 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 iso4217:GBP xbrli:pure

Registration number: 10427612

Channel to China Limited

Unaudited Filleted Financial Statements

for the Period from 1 March 2024 to 31 December 2024

 

Channel to China Limited

(Registration number: 10427612)
Statement of Financial Position as at 31 December 2024

Note

31 December
2024
£

29 February
2024
£

Current assets

 

Debtors

4

1

1

Capital and reserves

 

Called up share capital

1

1

Shareholders' funds

 

1

1

For the financial period ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the Board on 4 March 2025 and signed on its behalf by:
 

.........................................
M McEllone
Director

   

   
 

Channel to China Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Courtyard
Trewolland
Liskeard
Cornwall
PL14 3BD

Principal activity

The principal activity is that of a dormant company.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the entity.

Summary of disclosure exemptions

The company is dormant as defined by section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current year or prior year and therefore no income statement is presented within these financial statements. There have been no movements in equity during the current year or prior year.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Channel to China Limited

Notes to the Unaudited Financial Statements for the Period from 1 March 2024 to 31 December 2024 (continued)

2

Accounting policies (continued)

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the period, was 4 (2024 - 4).

4

Debtors

Current

31 December
2024
£

29 February
2024
£

Other debtors

1

1

 

1

1

5

Reserves

Profit and loss account

This reserve records retained earnings and accumulated losses.

6

Parent and ultimate parent undertaking

The company's immediate parent is Ideal Foods Limited, incorporated in the UK, who's registered office is The Courtyard, Trewolland, Liskeard, Cornwall, PL14 3NL.