Huachangda UK Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09355682 (England and Wales)

Financial Statements for the Year Ended 31st December 2024

for

Huachangda UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Z Chen

D Li

SECRETARY:

L Tao

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

09355682 (England and Wales)

SENIOR STATUTORY AUDITOR:

Lisa White FCCA

AUDITORS:

Dunkley's

Statutory Auditor

Chartered Accountants

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

BS32 4JY

FIXED ASSETS

Investments

4

53,987,825

CURRENT ASSETS

Cash at bank

98,127

98,442

CREDITORS

Amounts falling due within one year

5

54,243,424

54,237,540

NET CURRENT LIABILITIES

(54,145,297

)

(54,139,098

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(157,472

)

(151,273

)

CAPITAL AND RESERVES

Called up share capital

6

151

Retained earnings

(157,623

)

(151,424

)

SHAREHOLDERS' FUNDS

(157,472

)

(151,273

)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th September 2025 and were signed on its behalf by:

D Li - Director

Z Chen - Director

1.	STATUTORY INFORMATION

Huachangda UK Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the US Dollar ($).

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 historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Huachangda UK Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 401 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, Hubei Huachangda Intelligent Equipment Co., Ltd, No.9 Dong Yi Road, Shiyan City, Hubei Province, China.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Investments in subsidiaries

Investments in subsidiaries and associates is recognised at historic cost, less impairment and any provision for diminution in value. Any profits or losses on disposal of investments are taken to the profit and loss account. Income from investments is recognised when entitlement to dividends or interest is established.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Foreign currencies

Assets and liabilities in foreign currencies are translated into US Dollars at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into US Dollars at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern

The financial statements have been prepared on a going concern basis. The company has net current liabilities.

The company's parent undertaking has confirmed that it will continue to provide such funding as the company may need to meet its financial obligations for the foreseeable future, and for a period of at least 12 months from the date of signing these financial statement.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

$

COST

At 1st January 2024

and 31st December 2024

53,987,825

NET BOOK VALUE

At 31st December 2024

53,987,825

At 31st December 2023

53,987,825

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

$

Amounts owed to group undertakings

54,243,424

54,237,540

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

$

100

Ordinary

£1

151

7.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Lisa White FCCA (Senior Statutory Auditor)

for and on behalf of Dunkley's

8.	RELATED PARTY DISCLOSURES

The smallest and largest group where consolidated financial statements are prepared of which the company is included is the immediate parent, Huachangda Intelligent Equipment Group Co., Ltd (registered in China).

Their registered office is No.9, Dongyi Street , Shiyan, Hubei province, China.

9.	FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES

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