1 September 2023 false No description of principal activity Taxfiler 2024.6 12180103business:PrivateLimitedCompanyLtd2023-09-012024-08-31 121801032023-08-31 121801032023-09-012024-08-31 12180103business:AuditExempt-NoAccountantsReport2023-09-012024-08-31 12180103business:FilletedAccounts2023-09-012024-08-31 121801032024-08-31 12180103business:Director12023-09-012024-08-31 12180103business:RegisteredOffice2023-09-012024-08-31 121801032023-08-31 12180103core:WithinOneYear2024-08-31 12180103core:WithinOneYear2023-08-31 12180103core:ShareCapitalcore:PreviouslyStatedAmount2024-08-31 12180103core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 12180103core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-08-31 12180103core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 12180103core:PreviouslyStatedAmount2024-08-31 12180103core:PreviouslyStatedAmount2023-08-31 12180103business:SmallEntities2023-09-012024-08-31 12180103countries:EnglandWales2023-09-012024-08-31 12180103core:ComputerEquipment2023-09-012024-08-31 12180103core:ComputerEquipment2023-08-31 12180103core:ComputerEquipment2024-08-31 121801032022-09-012023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 12180103 (England and Wales)
LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD Unaudited accounts for the year ended 31 August 2024
LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD Unaudited accounts Contents
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LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD Company Information for the year ended 31 August 2024
Director
Jianhang Zhou
Company Number
12180103 (England and Wales)
Registered Office
71-75 SHELTON STREET COVENT GARDEN LONDON WC2H 9JQ United Kingdom
Accountants
RFM Associates 10 Carew Way Watford WD19 5GB
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LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
379 
506 
Current assets
Debtors
393,904 
214,857 
Cash at bank and in hand
1,544,086 
1,908,440 
1,937,990 
2,123,297 
Creditors: amounts falling due within one year
(842,078)
(1,210,089)
Net current assets
1,095,912 
913,208 
Net assets
1,096,291 
913,714 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,095,291 
912,714 
Shareholders' funds
1,096,291 
913,714 
For the year ending 31 August 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 26 May 2025 and were signed on its behalf by
Jianhang Zhou Director Company Registration No. 12180103
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LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD is a private company, limited by shares, registered in England and Wales, registration number 12180103. The registered office is 71-75 SHELTON STREET, COVENT GARDEN, LONDON, WC2H 9JQ, 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:
Computer equipment
25% reducing balance basis
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
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LANTIAN INFORMATION TECHNOLOGY SERVICES (UK) CO. LTD Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 September 2023
1,225 
At 31 August 2024
1,225 
Depreciation
At 1 September 2023
719 
Charge for the year
127 
At 31 August 2024
846 
Net book value
At 31 August 2024
379 
At 31 August 2023
506 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
214,857 
170,095 
Accrued income and prepayments
179,047 
44,762 
393,904 
214,857 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
43,483 
66,253 
Trade creditors
561,342 
424,068 
Taxes and social security
70,440 
73,707 
Other creditors
24,257 
355,798 
Loans from directors
4,335 
4,335 
Accruals
138,221 
285,928 
842,078 
1,210,089 
7
Transactions with related parties
During the year, a party related due to common control provided loan of £Nil (2023: £Nil) to Lantian information Technology Services (UK) Co. Limited. 10% interest of £24,259 (2023: 32,345) was charged in the year. Repayment of £355,798 was made in the year. As at 31 August 2024, the amount due to the related party was £24,259 (2023: £355,798). This amount is repayable on demand and it is included within other creditors. During the year, a party related due to common control provided services of £135,000 (2023: £132,000) to Lantian information Technology Services (UK) Co. Limited. As at 31 August 2024, the amount due to the related party was £252,000 (2023: 252,000). This amount is repayable on demand and it is included within creditors.
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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