Jiahua Europe Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

Registered number: 09960658

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		24,692		866

			24,692		866
CURRENT ASSETS
Debtors	5	750,554		567,814
Cash at bank and in hand		24,011		35,282

		774,565		603,096
Creditors: Amounts Falling Due Within One Year	6	(1,022,284 )		(876,632 )

NET CURRENT ASSETS (LIABILITIES)			(247,719 )		(273,536 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(223,027 )		(272,670 )

NET LIABILITIES			(223,027 )		(272,670 )

CAPITAL AND RESERVES
Called up share capital	7		145		145
Share premium account			578,919		578,919
Profit and Loss Account			(802,091 )		(851,734 )

SHAREHOLDERS' FUNDS			(223,027)		(272,670)

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

G Lagadec

Director

24/09/2025

The notes on pages 2 to 4 form part of these financial statements.

1. General Information

Jiahua Europe Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09960658 . The registered office is 3 Hood Street, Newcastle Upon Tyne, NE1 6JQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

Functional and Presentational Currency:

The company's functional and presentational currency is GBP.

2.2. Going Concern Disclosure

The director has not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.

The director states the company is able to continue trading as a going concern 12 month from the date of signing and will be able to support the company.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	Straight Line - 25%
Computer Equipment	Straight Line - 33%

2.5. Foreign Currencies

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 rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

2.7. Smallest group in which results are consolidated

The company's immediate parent is Jiahua Chemicals (Shanghai) Ltd, incorporated in China. The most senior parent entity producing publicly available financial statements is Jiahua Chemicals Co Ltd incorporated in China. These financial statements are available upon request from Room No. 1201, Building No.5, Lujiazui Century Financial Plaza, No.258 Jinkang Road, Pudong New Area, Shanghai, China (200127)

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2023: 6)

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Jiahua Europe Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	6,044	10,872	16,916
Additions	19,698	5,740	25,438

As at 31 December 2024	25,742	16,612	42,354

Depreciation
As at 1 January 2024	6,044	10,006	16,050
Provided during the period	615	997	1,612

As at 31 December 2024	6,659	11,003	17,662

Net Book Value
As at 31 December 2024	19,083	5,609	24,692

As at 1 January 2024	-	866	866

5. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	592,777	-
Other debtors	157,777	567,814

	750,554	567,814

Included within debtors is a balance owed from Jiahua Netherlands B.V. of £592,777 (2023 - £nil).

Included within debtors are balances for Italian import VAT £87,694 (2023 - £87,694) and Spanish import VAT £32,518 (2023 - £32,518) which are received post year-end.

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	12,893	16,604
Amounts owed to participating interests	1,006,333	-
Other creditors	2,252	850,242
Taxation and social security	806	9,786

	1,022,284	876,632

7. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	145	145

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Jiahua Europe Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

8. Related Party Transactions

At the year end, there was an amount outstanding of £565,969 (2023 - £565,969) due to Jiahua Singapore.

At the year end, there was an amount outstanding of £282,322 (2023 - £282,322) due to Jiahua Fujia Fine Chemical Co.

At the year end, there was an amount outstanding of £158,042 (2023 - (£441,958)) due to Jiahua Netherlands B.V.

All loans are interest free and repayable on demand.

9. Parent Undertaking and Controlling Party

The company's immediate and parent undertaking is Jiahua Chemicals (Shanghai) Ltd . Jiahua Chemicals (Shanghai) Ltd was incorporated in China. Copies of the group accounts may be obtained from the secretary, Room 1201, Building 5, Lujiazui Century Financial Plaza, No. 258 Jinkang Road, Pudong New Area, Shanghai, China . The ultimate controlling party is Jiahua Chemical Co Ltd who controls 80% of Jiahua Chemical Co Ltd.

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