Company registration number: 04264926
Unaudited financial statements
for the year ended 30 September 2024
for
Eastern Dragon Enterprise Limited
Pages for filing with the Registrar
Company registration number: 04264926
Eastern Dragon Enterprise Limited
Balance sheet
as at 30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 4 126,816 126,208
Investment property 5 494,638 494,638
621,454 620,846
Current assets
Stocks 28,000 30,000
Debtors 2,080 1,650
Cash at bank and in hand 15,552 9,154
45,632 40,804
Creditors: amounts falling due within one
year
(553,024) (544,591)
Net current liabilities (507,392) (503,787)
Total assets less current liabilities 114,062 117,059
Creditors: Amounts falling due after more
than one year
(11,790) (19,835)
NET ASSETS 102,272 97,224
Capital and reserves
Called up share capital 100 100
Profit and loss account 102,172 97,124
TOTAL EQUITY 102,272 97,224
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
1
Company registration number: 04264926
Eastern Dragon Enterprise Limited
Balance sheet - continued
as at 30 September 2024
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Dr J Zhu, Director
23 June 2025
2
Eastern Dragon Enterprise Limited
Notes to the financial statements
for the year ended 30 September 2024
1 Company information
Eastern Dragon Enterprise Limited is a private company registered in England and Wales. Its registered number is 04264926. The company is limited by shares. Its registered office is 30 Vineyard Road, Northfield, Birmingham, B31 1PR.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings:
Freehold property - 0% reducing balance
Plant and machinery etc.:
Fixtures & fittings - 15% reducing balance
Investment property
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
3
Eastern Dragon Enterprise Limited
Notes to the financial statements - continued
for the year ended 30 September 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 2 (2023 - 2).
4 Tangible fixed assets
Land and
buildings
Plant and
machinery
etc.
Totals
£ £ £
Cost
At 1 October 2023 165,897 19,684 185,581
Additions - 1,098 1,098
At 30 September 2024 165,897 20,782 186,679
Depreciation
At 1 October 2023 41,854 17,519 59,373
Charge for year - 490 490
At 30 September 2024 41,854 18,009 59,863
Net book value
At 30 September 2024 124,043 2,773 126,816
At 30 September 2023 124,043 2,165 126,208
4
Eastern Dragon Enterprise Limited
Notes to the financial statements - continued
for the year ended 30 September 2024
5 Investment property
£
Valuation
At 1 October 2023 494,638
At 30 September 2024 494,638
6 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023.
2024 2023
£ £
J ZHU
Balance outstanding at start of year 532,022 535,280
Amounts advanced 5,832 -
Amounts repaid - (3,258)
Balance outstanding at end of year 537,854 532,022
5