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Company Registration No. 05706856 (England and Wales)
GINSENG LIMITED Unaudited accounts for the year ended 28 February 2025
GINSENG LIMITED Unaudited accounts Contents
Page
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GINSENG LIMITED Company Information for the year ended 28 February 2025
Directors
Dr. Li Hua Li Miss. Tianqiong Gao
Company Number
05706856 (England and Wales)
Registered Office
157 KINGS ROAD LONDON SW3 5TX ENGLAND
Accountants
NJ Accountants Ltd CIMA Member In Practice, FCMA, CGMA 53 Edgefield Avenue Barking Essex IG11 9JL
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GINSENG LIMITED Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,899 
39,749 
Current assets
Inventories
75,000 
75,000 
Debtors
62,789 
98,028 
Cash at bank and in hand
449,114 
236,943 
586,903 
409,971 
Creditors: amounts falling due within one year
(130,767)
(86,030)
Net current assets
456,136 
323,941 
Total assets less current liabilities
495,035 
363,690 
Creditors: amounts falling due after more than one year
(25,425)
(31,787)
Net assets
469,610 
331,903 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
469,510 
331,803 
Shareholders' funds
469,610 
331,903 
For the year ending 28 February 2025 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 directors acknowledge their 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 of Directors and authorised for issue on 4 July 2025 and were signed on its behalf by
Dr. Li Hua Li Director Company Registration No. 05706856
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GINSENG LIMITED Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
GINSENG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05706856. The registered office is 157 KINGS ROAD, LONDON, SW3 5TX, ENGLAND.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line over 15 years
Plant & machinery
20% on reducing balance basis
Fixtures & fittings
20% on reducing balance basis
Computer equipment
20% on reducing balance basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 March 2024
94,595 
27,501 
181,696 
54,296 
358,088 
Additions
- 
- 
8,313 
562 
8,875 
At 28 February 2025
94,595 
27,501 
190,009 
54,858 
366,963 
Depreciation
At 1 March 2024
71,121 
19,615 
174,105 
53,498 
318,339 
Charge for the year
4,695 
1,577 
3,181 
272 
9,725 
At 28 February 2025
75,816 
21,192 
177,286 
53,770 
328,064 
Net book value
At 28 February 2025
18,779 
6,309 
12,723 
1,088 
38,899 
At 29 February 2024
23,474 
7,886 
7,591 
798 
39,749 
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GINSENG LIMITED Notes to the Accounts for the year ended 28 February 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
3,489 
Trade debtors
15,511 
7,739 
Other debtors
47,278 
86,800 
62,789 
98,028 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
16,806 
- 
Taxes and social security
46,594 
32,752 
Loans from directors
29,324 
32,141 
Accruals
38,043 
21,137 
130,767 
86,030 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
25,425 
31,787 
8
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 7 (2024: 7).
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