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Company Registration No. 12045710 (England and Wales)
DG MULTIBAO LIMITED Unaudited accounts for the year ended 30 June 2024
DG MULTIBAO LIMITED Unaudited accounts Contents
Page
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DG MULTIBAO LIMITED Company Information for the year ended 30 June 2024
Director
Mr Feng Qian
Company Number
12045710 (England and Wales)
Registered Office
Multibao House, Caspian Road, Atlantic Street, Broadheath Altrincham Cheshire WA14 5HH United Kingdom
Accountants
Kimee & Associates Office T, First Floor Raydean House 15-17 Western Parade Great North Road, Barnet, London EN5 1AH
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DG MULTIBAO LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
58,785 
2,422 
Current assets
Inventories
1,164,340 
850,000 
Cash at bank and in hand
34,285 
316,650 
1,198,625 
1,166,650 
Creditors: amounts falling due within one year
(45,847)
(32,016)
Net current assets
1,152,778 
1,134,634 
Total assets less current liabilities
1,211,563 
1,137,056 
Creditors: amounts falling due after more than one year
(1,404,691)
(1,134,418)
Net (liabilities)/assets
(193,128)
2,638 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(193,228)
2,538 
Shareholders' funds
(193,128)
2,638 
For the year ending 30 June 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 18 March 2025 and were signed on its behalf by
Mr Feng Qian Director Company Registration No. 12045710
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DG MULTIBAO LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
DG MULTIBAO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12045710. The registered office is Multibao House, Caspian Road,, Atlantic Street, Broadheath, Altrincham, Cheshire, WA14 5HH, United Kingdom.
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:
Plant & machinery
10%
Fixtures & fittings
10%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
2,736 
278 
- 
3,014 
Additions
60,660 
- 
2,514 
63,174 
At 30 June 2024
63,396 
278 
2,514 
66,188 
Depreciation
At 1 July 2023
532 
60 
- 
592 
Charge for the year
6,286 
22 
503 
6,811 
At 30 June 2024
6,818 
82 
503 
7,403 
Net book value
At 30 June 2024
56,578 
196 
2,011 
58,785 
At 30 June 2023
2,204 
218 
- 
2,422 
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DG MULTIBAO LIMITED Notes to the Accounts for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
13,831 
- 
Proposed dividends
30,000 
30,000 
Accruals
2,016 
2,016 
45,847 
32,016 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Trade creditors
416,435 
458,102 
Loans from directors
988,256 
676,316 
1,404,691 
1,134,418 
Director Loans £ 988,256 .00 provided by Mr Feng Qian and shareholder Mrs Linwei Xue .
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 11 (2023: 7).
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