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REGISTERED NUMBER: 04101782 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Britain China Trading Company Limited

Britain China Trading Company Limited (Registered number: 04101782)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Britain China Trading Company Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: G J Forrester
F A Green
J H Urquhart
Miss J Zhao





SECRETARY: Miss J Zhao





REGISTERED OFFICE: 22 Victoria Parade
Greenwich
London
SE10 9FR





REGISTERED NUMBER: 04101782 (England and Wales)





ACCOUNTANTS: ACL & Co
Chartered Certified Accountants
The Coach House
1 Howard Road
Reigate
RH2 7JE

Britain China Trading Company Limited (Registered number: 04101782)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 463 662

CURRENT ASSETS
Stocks 360,000 308,534
Debtors 5 30,215 28,950
Cash at bank 6,778 28,626
396,993 366,110
CREDITORS
Amounts falling due within one year 6 211,703 55,544
NET CURRENT ASSETS 185,290 310,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

185,753

311,228

CREDITORS
Amounts falling due after more than
one year

7

130,000

150,000
NET ASSETS 55,753 161,228

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 52,000 52,000
Retained earnings 3,653 109,128
SHAREHOLDERS' FUNDS 55,753 161,228

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

Britain China Trading Company Limited (Registered number: 04101782)

Balance Sheet - continued
31 March 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 Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by:





Miss J Zhao - Director


Britain China Trading Company Limited (Registered number: 04101782)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Britain China Trading Company 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.
Fixtures and fittings - 25% on reducing balance

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

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 2 (2023 - 2 ) .

Britain China Trading Company Limited (Registered number: 04101782)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 11,678 4,204 15,882
DEPRECIATION
At 1 April 2023 11,386 3,834 15,220
Charge for year 88 111 199
At 31 March 2024 11,474 3,945 15,419
NET BOOK VALUE
At 31 March 2024 204 259 463
At 31 March 2023 292 370 662

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 17,611 17,611
VAT 12,604 11,339
30,215 28,950

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Tax 2,874 2,874
Social security and other taxes 23,061 1,771
Directors' current accounts 182,768 47,899
Accrued expenses 3,000 3,000
211,703 55,544

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 65,000 85,000
Shareholders loan 65,000 65,000
130,000 150,000