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Company registration number:13050778
HONGYANG BUILDING LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 November 2024
HONGYANG BUILDING LIMITED
BALANCE SHEET
AS AT 30 November 2024
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets320,6053,070
20,6053,070
CURRENT ASSETS
Stocks8,0005,500
Debtors437,622339
Cash at bank and in hand26,85411,506
72,47617,345
CREDITORS
Amounts falling due within one year 5 (42,325) (14,446)
NET CURRENT ASSETS 30,151 2,899
TOTAL ASSETS LESS
CURRENT LIABILITIES 50,756 5,969
PROVISIONS FOR LIABILITIES(3,915)(584)
NET ASSETS 46,841 5,385
CAPITAL AND RESERVES
Called-up equity share capital 6 100 100
Profit and loss account 46,741 5,285
SHAREHOLDERS FUNDS 46,841 5,385
For the year ending 30 November 2024 the company was entitled to exemption 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 the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 9 May 2025 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Mrs Honghong Bian
9 May 2025
The annexed notes form part of these financial statements.

HONGYANG BUILDING LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 NOVEMBER 2024
Share Share P and L Revaluation Other Total
Capital Premium Account reserve reserves equity
£ £ £ £ £ £
Balance at 1 December 202210004,870004,970
Changes in equity
Total Comprehensive Income0041500415
Balance at 30 November 202310005,285005,385
Changes in equity
Dividend00(25,000)00(25,000)
Total comprehensive income0066,4560066,456
Balance at 30 November 2024100046,7410046,841

HONGYANG BUILDING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
1. Accounting policies
Statutory information
The company is registered in England and its registered number is 13050778. The company is a private company limited by shares. Its registered office is 35 Longfields, Bicester, OX26 6QP.
Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.
Fixed Assets
Tangible fixed assets are stated at cost less depreciation. Depreciation i Depreciation is provided at rates calculated to write off the cost or valuation of fixed asses, less their estimated residual value, over their expected useful lives on the following bases:
Plant and Machinery 15% Reducing Balance Basis
Motor Vehicles 25% Reducing Balance Basis
Stocks and Work In Progress
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.
Deferred Taxation
Deferred tax is provided on the liability method to take account of the timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Pension Scheme
The company operates a defined contribution pension scheme, NEST pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.
2.Employees
The average number of persons employed by the company (including directors) during the year was 4.
3.Tangible fixed assets
Plant Motor Total
Cost
At start of period 5,000 0 5,000
Additions 0 23,995 23,995
At end of period 5,000 23,995 28,995
Depreciation
At start of period 1,930 0 1,930
Provided during the period 461 5,999 6,460
At end of period 2,391 5,999 8,390
Net Book Value
At start of period 3,070 0 3,070
At end of period 2,609 17,996 20,605
4.Debtors
20242023
££
Due within one year
Trade Debtors35,0011
Other Debtors2,621338
37,622339
5.Creditors due within one year
20242023
££
Obligations under finance leases12,4920
Trade creditors0612
Corporation Tax13,760266
Other taxes and social security costs3961,801
Accruals and deferred income1,1343,885
Loan from directors14,5447,882
42,325 14,446
6. Share capital Alloted, Issued and fully paid
2024 2023
£ £
Ordinary shares of £1 each100100
Total issued share capital100100
7.Related Party Transactions
During the year, the company paid dividend total of £25000 to the director.