Registration number: 09106107

CISDI UK Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 9

CISDI UK Limited

Company Information

Directors

H Zhichun N Qiang J G Lester L Shuang L Yong

Registered office

Cisdi House 8 Furnival Road Sheffield South Yorkshire S4 7YA

Auditors

Williamson & Croft Audit Ltd Statutory AuditorYork House 20 York Street Manchester M2 3BB

CISDI UK Limited

(Registration number: 09106107)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	716,546	714,456
Current assets
Debtors	5	293,855	2,075,278
Cash at bank and in hand		2,741,101	1,712,984
		3,034,956	3,788,262
Creditors: Amounts falling due within one year	6	(1,290,482)	(2,813,053)
Net current assets		1,744,474	975,209
Net assets		2,461,020	1,689,665
Capital and reserves
Called up share capital	7	1,500,000	1,500,000
Retained earnings		961,020	189,665
Shareholders' funds		2,461,020	1,689,665

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

 

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and Directors' Report has been taken.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

......................................... J G Lester Director

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Cisdi House
8 Furnival Road
Sheffield
South Yorkshire
S4 7YA

These financial statements were authorised for issue by the Board on 25 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company.

Summary of disclosure exemptions

The accounts do not include a cash flow statement because the company, as a small reporting entity, is exempt from the requirements to prepare such a statement.

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Audit report

The Independent Auditor's Report was unqualified. . The name of the Senior Statutory Auditor who signed the audit report on 25 September 2025 was Tor Stringfellow FCA, who signed for and on behalf of Williamson & Croft Audit Ltd.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Contract revenue recognition

Income on project work undertaken by the company is recognised as work in completed over the course of the project by reference to the stage of completion as determined by the costs incurred to date compared to forecast final costs and as a proportion of the total anticipated contracted income.

Where income is invoiced in advance of work completed then income is deferred and if invoiced after completion then income is accrued accordingly. Project costs are accrued into the period in which work was completed by the company regardless of the date of invoicing from suppliers or payment thereof.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Freehold property	2% straight line
Fixtures and fittings	10% straight line
Equipment	25% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2023 - 11).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 January 2024	824,057	69,817	63,207	957,081
Additions	-	-	25,060	25,060
At 31 December 2024	824,057	69,817	88,267	982,141
Depreciation
At 1 January 2024	144,209	62,830	35,586	242,625
Charge for the year	4,121	6,987	11,862	22,970
At 31 December 2024	148,330	69,817	47,448	265,595
Carrying amount
At 31 December 2024	675,727	-	40,819	716,546
At 31 December 2023	679,848	6,987	27,621	714,456

Included within the net book value of land and buildings above is £675,727 (2023 - £679,848) in respect of freehold land and buildings.
 

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

5

Debtors

Current	Note	2024 £	2023 £
Trade debtors		113,319	556,164
Amounts owed by related parties	8	-	167,484
Prepayments and accrued income		180,536	1,286,831
Other debtors		-	64,799
		293,855	2,075,278

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

6

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Trade creditors	131,130	609,716
Taxation and social security	195,698	146,431
Accruals and deferred income	963,654	2,056,906
	1,290,482	2,813,053

7	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary A shares of £1 each	1,200,000	1,200,000	1,200,000	1,200,000
Ordinary B shares of £1 each	300,000	300,000	300,000	300,000
	1,500,000	1,500,000	1,500,000	1,500,000

8	Related party transactions

The company trades with a number of of entities within the group headed by CISDI Group Co Limited by virtue of being fellow subsidiary companies of the group.

During the year the company issued sales invoices to fellow subsidiary companies totalling £994,220 (2023: £2,416,574) as well as being issued purchase invoices of £2,135,776 (2023: £17,803).

During the year the company also wrote-off bad debts due from fellow subsidiaries of £167,484 (2023: £95,641).

As at 31 December 2024, amounts totalling £99,653 (2023: £439,583) were included within trade creditors as owed to fellow subsidiaries.

In addition, there was a loan of $200,000 (£167,484) from a fellow subsidiary company which was written off in full during the year (in 2023 it was included within debtors as amounts due from group undertaking).

CISDI UK Limited

Notes to the Financial Statements for the Year Ended 31 December 2024

Directors' remuneration

The directors' remuneration for the year was as follows:

	2024 £	2023 £
Remuneration	237,706	237,723
Contributions paid to money purchase schemes	33,633	32,284
	271,339	270,007

9	Parent and ultimate parent undertaking

The company's immediate parent is CISDI Group Co. Limited, incorporated in China.

 The most senior parent entity producing publicly available financial statements is CISDI Group Co. Limited. These financial statements are available upon request from 1 Shuanggang Road, Yuzhong District, Chongqing 400013, China.

 

10	APB Ethical Standards relevant circumstances

In common with many other businesses of our size and nature, we use our auditor to prepare and submit returns
to the tax authorities and assist with the preparation of the financial statements.