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Company Registration No. 10891465 (England and Wales)
Far Eastern Trading Limited Unaudited accounts for the year ended 31 July 2024
Far Eastern Trading Limited Unaudited accounts Contents
Page
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Far Eastern Trading Limited Company Information for the year ended 31 July 2024
Director
Ms Mei Minh Luong
Company Number
10891465 (England and Wales)
Registered Office
133 Creek Road London SE8 3BU United Kingdom
Accountants
A2B Tax Ltd 133 Creek Road London SE8 3BU
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Far Eastern Trading Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
536,500 
525,500 
Current assets
Debtors
11,000 
11,000 
Cash at bank and in hand
52,001 
39,158 
63,001 
50,158 
Creditors: amounts falling due within one year
(52,522)
(42,231)
Net current assets
10,479 
7,927 
Total assets less current liabilities
546,979 
533,427 
Creditors: amounts falling due after more than one year
(491,361)
(492,796)
Net assets
55,618 
40,631 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
55,617 
40,630 
Shareholders' funds
55,618 
40,631 
For the year ending 31 July 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 her 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 29 March 2025 and were signed on its behalf by
Ms Mei Minh Luong Director Company Registration No. 10891465
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Far Eastern Trading Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Far Eastern Trading Limited is a private company, limited by shares, registered in England and Wales, registration number 10891465. The registered office is 133 Creek Road, London, SE8 3BU, 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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 August 2023
525,500 
Additions
11,000 
At 31 July 2024
536,500 
Depreciation
At 31 July 2024
- 
Net book value
At 31 July 2024
536,500 
At 31 July 2023
525,500 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
11,000 
11,000 
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Far Eastern Trading Limited Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
924 
924 
Taxes and social security
8,461 
5,826 
Other creditors
43,137 
26,173 
Accruals
- 
9,308 
52,522 
42,231 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
55,889 
62,289 
Loans from directors
435,472 
430,507 
491,361 
492,796 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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