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Company Registration No. 14554586 (England and Wales)
Xcmg Uk Sales And Services Limited Unaudited accounts for the year ended 31 December 2024
Xcmg Uk Sales And Services Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Xcmg Uk Sales And Services Limited Company Information for the year ended 31 December 2024
Director
Langxia Li
Company Number
14554586 (England and Wales)
- 3 -
Xcmg Uk Sales And Services Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
- 
10,000 
Fixed assets
Tangible assets
4
492,413 
76,318 
Current assets
Inventories
6,307,248 
2,858,383 
Debtors
5
4,215,158 
2,457,449 
Cash at bank and in hand
4,438,171 
1,284,000 
14,960,577 
6,599,832 
Creditors: amounts falling due within one year
6
(16,561,583)
(6,523,093)
Net current (liabilities)/assets
(1,601,006)
76,739 
Total assets less current liabilities
(1,108,593)
163,057 
Creditors: amounts falling due after more than one year
7
- 
(543,559)
Net liabilities
(1,108,593)
(380,502)
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
(1,118,593)
(390,502)
Shareholders' funds
(1,108,593)
(380,502)
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 20 August 2025 and were signed on its behalf by
Langxia Li Director Company Registration No. 14554586
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Xcmg Uk Sales And Services Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Xcmg Uk Sales And Services Limited is a private company, limited by shares, registered in England and Wales, registration number 14554586.
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.
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
- 
84,301 
84,301 
Additions
273,803 
196,216 
470,019 
At 31 December 2024
273,803 
280,517 
554,320 
Depreciation
At 1 January 2024
- 
7,983 
7,983 
Charge for the year
21,128 
32,796 
53,924 
At 31 December 2024
21,128 
40,779 
61,907 
Net book value
At 31 December 2024
252,675 
239,738 
492,413 
At 31 December 2023
- 
76,318 
76,318 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
4,025,422 
2,403,449 
Accrued income and prepayments
113,076 
- 
Other debtors
6 
54,000 
4,138,504 
2,457,449 
Amounts falling due after more than one year
Other debtors
76,654 
- 
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Xcmg Uk Sales And Services Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
166,960 
417,516 
Trade creditors
16,058,240 
5,868,275 
Other creditors
105,373 
28,292 
Deferred income
231,010 
209,010 
16,561,583 
6,523,093 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Amounts owed to group undertakings and other participating interests
- 
543,559 
8
Average number of employees
During the year the average number of employees was 14 (2023: 7).
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