Company Registration No. 11715885 (England and Wales)
GUO&ZHAO LIMITED
Unaudited accounts
for the year ended 31 December 2024
GUO&ZHAO LIMITED
Unaudited accounts
Contents
GUO&ZHAO LIMITED
Company Information
for the year ended 31 December 2024
Company Number
11715885 (England and Wales)
Registered Office
Flat 12 Hartington House
4 Drummond Gate
London
SW1V 2HL
GUO&ZHAO LIMITED
Statement of financial position
as at 31 December 2024
Investment property
3,680,000
3,680,000
Cash at bank and in hand
3,541
16,112
Creditors: amounts falling due within one year
(555,016)
(179,414)
Net current liabilities
(529,410)
(148,782)
Total assets less current liabilities
3,150,590
3,532,631
Creditors: amounts falling due after more than one year
(2,457,500)
(2,957,500)
Provisions for liabilities
Deferred tax
(135,000)
(135,000)
Net assets
558,090
440,131
Called up share capital
2
2
Profit and loss account
558,088
440,129
Shareholders' funds
558,090
440,131
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 members have 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 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 and authorised for issue on 26 September 2025 and were signed on its behalf by
Xin Guo
Director
Company Registration No. 11715885
GUO&ZHAO LIMITED
Notes to the Accounts
for the year ended 31 December 2024
GUO&ZHAO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11715885. The registered office is Flat 12 Hartington House, 4 Drummond Gate, London, SW1V 2HL.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% straight line
GUO&ZHAO LIMITED
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Computer equipment
Fair value at 1 January 2024
3,680,000
At 31 December 2024
3,680,000
Amounts falling due within one year
Other debtors
22,065
14,520
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
33,102
16,004
Other creditors
21,748
16,158
Loans from directors
434,152
110,670
Deferred income
31,014
21,582
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
457,500
457,500
Loans from directors
2,000,000
2,500,000
Bank loan is secured on the one of investment properties of the company.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).