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
DG MULTIBAO LIMITED
Company Information
for the year ended 30 June 2024
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
DG MULTIBAO LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
58,785
2,422
Inventories
1,164,340
850,000
Cash at bank and in hand
34,285
316,650
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
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
DG MULTIBAO LIMITED
Notes to the Accounts
for the year ended 30 June 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
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
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
At 30 June 2024
56,578
196
2,011
58,785
At 30 June 2023
2,204
218
-
2,422
DG MULTIBAO LIMITED
Notes to the Accounts
for the year ended 30 June 2024
5
Creditors: amounts falling due within one year
2024
2023
Proposed dividends
30,000
30,000
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
Director Loans £ 988,256 .00 provided by Mr Feng Qian and shareholder Mrs Linwei Xue .
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).