REGISTERED NUMBER: 11972913 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

WANB Express UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Luo

REGISTERED OFFICE:

Unit 1

Heathrow International Trading Estate

Green Lane

Hounslow

Middlesex

TW4 6HB

REGISTERED NUMBER:

11972913 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

1 Howard Road

Reigate

RH2 7JE

FIXED ASSETS

Tangible assets

4

101,193

112,060

CURRENT ASSETS

Debtors

5

1,068,657

628,690

Cash at bank

182,967

632,121

1,251,624

1,260,811

CREDITORS

Amounts falling due within one year

6

429,686

498,983

NET CURRENT ASSETS

821,938

761,828

TOTAL ASSETS LESS CURRENT LIABILITIES

923,131

873,888

CREDITORS

Amounts falling due after more than one year

7

381,596

374,046

NET ASSETS

541,535

499,842

CAPITAL AND RESERVES

Called up share capital

300,000

300,000

Retained earnings

241,535

199,842

541,535

499,842

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 June 2025 and were signed by:

S Luo - Director

1.	STATUTORY INFORMATION

WANB Express UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

20% on cost

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Computer

leasehold

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

66,022

9,891

67,087

2,883

145,883

Additions

-

4,425

162

1,795

6,382

At 31 December 2024

66,022

14,316

67,249

4,678

152,265

DEPRECIATION

At 1 January 2024

-

4,307

29,227

289

33,823

Charge for year

-

2,863

13,450

936

17,249

At 31 December 2024

-

7,170

42,677

1,225

51,072

NET BOOK VALUE

At 31 December 2024

66,022

7,146

24,572

3,453

101,193

At 31 December 2023

66,022

5,584

37,860

2,594

112,060

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

64,470

-

Other debtors

629,300

361,308

VAT

103,818

107,171

Prepayments

271,069

160,211

1,068,657

628,690

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

223,645

309,349

Tax

10,939

18,146

Social security and other taxes

10,128

2,571

Other creditors

82,955

61,649

Directors' current accounts

96,761

103,627

Accrued expenses

5,258

3,641

429,686

498,983

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 2-5 years

381,596

374,046