Company Registration No. 05125267 (England and Wales)
Jing Xing Trading Co. Limited
Unaudited accounts
for the year ended 30 June 2025
Jing Xing Trading Co. Limited
Unaudited accounts
Contents
Jing Xing Trading Co. Limited
Company Information
for the year ended 30 June 2025
Company Number
05125267 (England and Wales)
Registered Office
Roselea House
Catsash Road
Newport
NP18 2LZ
Accountants
Evans Entwistle
Venta House
Maes-glas
Newport
NP20 2NS
Jing Xing Trading Co. Limited
Statement of financial position
as at 30 June 2025
Tangible assets
1,654,004
17,367
Investment property
1,353,000
1,600,000
Cash at bank and in hand
67,413
824,378
Creditors: amounts falling due within one year
(132,686)
(145,418)
Net current assets
467,027
2,095,991
Total assets less current liabilities
3,474,132
3,713,560
Creditors: amounts falling due after more than one year
(1,486,344)
(1,945,282)
Provisions for liabilities
Deferred tax
(103,614)
(80,999)
Net assets
1,884,174
1,687,279
Called up share capital
100
100
Fair value reserve
366,259
366,259
Profit and loss account
1,517,815
1,320,920
Shareholders' funds
1,884,174
1,687,279
For the year ending 30 June 2025 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 18 November 2025 and were signed on its behalf by
Lian Wei Xu
Director
Company Registration No. 05125267
Jing Xing Trading Co. Limited
Notes to the Accounts
for the year ended 30 June 2025
Jing Xing Trading Co. Limited is a private company, limited by shares, registered in England and Wales, registration number 05125267. The registered office is Roselea House, Catsash Road, Newport, NP18 2LZ.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment, except for buildings, which are measured using the revaluation model in accordance with FRS 102. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Motor vehicles
4 years - straight line
Fixtures & fittings
10 years - straight line
Computer equipment
4 years - straight line
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Jing Xing Trading Co. Limited
Notes to the Accounts
for the year ended 30 June 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2024
-
113,702
350,893
2,656
467,251
Additions
1,004,004
-
-
-
1,004,004
Transfer from investment property
650,000
-
-
-
650,000
At 30 June 2025
1,654,004
113,702
350,893
2,656
2,121,255
At 1 July 2024
-
113,702
333,526
2,656
449,884
Charge for the year
-
-
17,367
-
17,367
At 30 June 2025
-
113,702
350,893
2,656
467,251
At 30 June 2025
1,654,004
-
-
-
1,654,004
At 30 June 2024
-
-
17,367
-
17,367
Fair value at 1 July 2024
1,600,000
Transfers to tangible fixed assets
(650,000)
6
Investments
Subsidiary undertakings
Valuation at 1 July 2024
202
Valuation at 30 June 2025
101
The company holds the following investments.
Investments in Subsidiaries:
- £100 share capital in Total Asia Foods Ltd (09239580)
- £1 share capital in Total Asia Food Cardiff Ltd (14160162)
Amounts falling due within one year
Other debtors
342,261
1,413,296
Jing Xing Trading Co. Limited
Notes to the Accounts
for the year ended 30 June 2025
8
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
60,961
31,984
Taxes and social security
37,080
20,446
9
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
1,223,904
365,910
Amounts owed to group undertakings and other participating interests
73,444
1,579,372
Loans from directors
188,996
-
10
Deferred taxation
2025
2024
Accelerated capital allowances
-
3,299
Revaluation of land and buildings
71,063
-
Revaluation of investment property
32,551
77,700
Provision at start of year
80,999
87,599
Charged/(credited) to the profit and loss account
22,615
(6,600)
Provision at end of year
103,614
80,999
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Jing Xing Trading Co. Limited
Notes to the Accounts
for the year ended 30 June 2025
12
Transactions with related parties
Jing Xing Trading Co. Limited is the parent company of the Jing Xing Trading group and wholly owns the following subsidiaries: Total Asia Food Ltd (08574297), and Total Asia Cardiff (14160162 ).
At the end of the financial year the company owed the following:
- Total Asia Food Ltd: £4,362 (2024: £203,941)
- Total Asia Cardiff £54,082 (2024: £50,412 )
At the end of the financial year the company owed by related companies the following:
- Meadowstone Developments ltd: £nil (2024: £460,00)
- Kasa Quartz Ltd: ££nil (2024: £91,460)
- Kakn Property Limited: £nil (2024: £162,000)
At the end of the financial year the company owed to related companies the following:
- Total Asia Food Bristol Ltd: £nil (2024: £1,324,632)
- I Packaging Ltd: £nil (2024: £387)
13
Average number of employees
During the year the average number of employees was 0 (2024: 0).