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REGISTERED NUMBER: 09936074 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 30 June 2024

for

China Investors Club Limited

China Investors Club Limited (Registered number: 09936074)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

China Investors Club Limited

Company Information
for the Year Ended 30 June 2024







DIRECTOR: Mr William George Franklin





REGISTERED OFFICE: c/o Sterling Partners
Unit 14
7 Wenlock Road
London
N1 7SL





REGISTERED NUMBER: 09936074 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

China Investors Club Limited (Registered number: 09936074)

Balance Sheet
30 June 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 2,691 1,510

CURRENT ASSETS
Debtors 5 17,213 11,080
Cash at bank 6,088 5,318
23,301 16,398
CREDITORS
Amounts falling due within one year 6 (1,976 ) (7,525 )
NET CURRENT ASSETS 21,325 8,873
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,016

10,383

CREDITORS
Amounts falling due after more than one
year

7

(242,152

)

(174,094

)

PROVISIONS FOR LIABILITIES (673 ) (287 )
NET LIABILITIES (218,809 ) (163,998 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (219,809 ) (164,998 )
(218,809 ) (163,998 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

China Investors Club Limited (Registered number: 09936074)

Balance Sheet - continued
30 June 2024


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 director and authorised for issue on 13 February 2025 and were signed by:





Mr William George Franklin - Director


China Investors Club Limited (Registered number: 09936074)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

China Investors Club 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.

At 30th June 2024, the company had total net liabilities of £218,809 (2023 - £163,998). The company relies on the loan funding provided by its investors. The director is of the opinion that it is appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of support by its investors.

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 reducing balance

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

China Investors Club Limited (Registered number: 09936074)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2023 302 5,891 6,193
Additions - 2,527 2,527
At 30 June 2024 302 8,418 8,720
DEPRECIATION
At 1 July 2023 90 4,593 4,683
Charge for year 71 1,275 1,346
At 30 June 2024 161 5,868 6,029
NET BOOK VALUE
At 30 June 2024 141 2,550 2,691
At 30 June 2023 212 1,298 1,510

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 16,000 9,735
VAT 487 421
Prepayments 726 924
17,213 11,080

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 101 5,618
Accrued expenses 1,875 1,907
1,976 7,525

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Directors' loan accounts 242,152 174,094

China Investors Club Limited (Registered number: 09936074)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
Mr William George Franklin
Balance outstanding at start of year (174,094 ) (99,985 )
Amounts advanced 12,190 12,610
Amounts repaid (80,248 ) (86,719 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (242,152 ) (174,094 )

9. RELATED PARTY DISCLOSURES

IHSN Healthcare Limited

A company in which Mr. William George Franklin is a shareholder.


2024 2023
£    £   
Amount due from related party at the balance sheet date 16,000 9,500

Glas Capital & Partners Ltd

A company in which Mr. William George Franklin is a shareholder.


2024 2023
£    £   
Amount due from related party at the balance sheet date - 235
Amounts written off during the year 235 -

10. ULTIMATE CONTROLLING PARTY

The controlling party is Mr William George Franklin.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
China Investors Club Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of China Investors Club Limited for the year ended 30 June 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of China Investors Club Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of China Investors Club Limited and state those matters that we have agreed to state to the director of China Investors Club Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than China Investors Club Limited and its director for our work or for this report.

It is your duty to ensure that China Investors Club Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of China Investors Club Limited. You consider that China Investors Club Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of China Investors Club Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR


Date: .............................................