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Registered Number: 12971957
England and Wales

 

 

 

LICHAN LTD



Unaudited Financial Statements
 


Period of accounts

Start date: 01 April 2024

End date: 31 March 2025
Director Kam Shing LI
Registered Number 12971957
Registered Office 82A JAMES CARTER ROAD
MILDENHALL BURY ST. EDMUNDS
UNIT A
Accountants MSSK Corporate Consultancy (UK) Limited
12 Hop Gardenway
Ash
Surrey
GU12 6FN
1
Director's report and financial statements
The director presents his annual report and the financial statements for the year ended 31 March 2025.
Principal activities
Principal activity of the company during the financial year was of letting a property.
Director
The director who served the company throughout the year was as follows:
Kam Shing LI
Statement of director's responsibilities
The director is responsible for preparing the directors’ report and the financial statements in accordance with applicable law and regulation.

Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the director is required to
  • select suitable accounting policies and then apply them consistently
  • make judgments and accounting estimates that are reasonable and prudent
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business


The director is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

On behalf of the board.


----------------------------------
Kam Shing LI
Director

Date approved: 14 December 2025
2
 
 
Notes
 
2025
£
  2024
£
Turnover 13,200    11,100 
Gross profit 13,200    11,100 
Administrative expenses (4,793)   (6,464)
Operating profit 8,407    4,636 
Profit on ordinary activities before taxation 8,407    4,636 
Tax on profit on ordinary activities (1,597)   (554)
Profit for the financial year 6,810    4,082 
 
3
 
 
Notes
 
2025
£
  2024
£
Fixed assets      
Tangible fixed assets 3 203,787    203,787 
203,787    203,787 
Current assets      
Debtors 4 1,269    1,464 
Cash at bank and in hand   9,771 
1,269    11,235 
Creditors: amount falling due within one year 5 (195,724)   (212,500)
Net current assets (194,455)   (201,265)
 
Total assets less current liabilities 9,332    2,522 
Net assets 9,332    2,522 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 9,232    2,422 
Shareholders' funds 9,332    2,522 
 


For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.
The financial statements were approved by the director on 14 December 2025 and were signed by:


-------------------------------
Kam Shing LI
Director
4
General Information
LICHAN LTD is a private company, limited by shares, registered in England and Wales, registration number 12971957, registration address 82A JAMES CARTER ROAD, MILDENHALL BURY ST. EDMUNDS, UNIT A.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts.
Investment properties
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2024 : 0).
3.

Tangible fixed assets

Cost or valuation Investment properties   Total
  £   £
At 01 April 2024 203,787    203,787 
Additions  
Disposals  
At 31 March 2025 203,787    203,787 
Depreciation
At 01 April 2024  
Charge for year  
On disposals  
At 31 March 2025  
Net book values
Closing balance as at 31 March 2025 203,787    203,787 
Opening balance as at 01 April 2024 203,787    203,787 


4.

Debtors: amounts falling due within one year

2025
£
  2024
£
Deposits paid 1,269    1,269 
Other Debtors   195 
1,269    1,464 

5.

Creditors: amount falling due within one year

2025
£
  2024
£
Trade Creditors   1,100 
Corporation Tax 1,597    554 
Accrued Expenses 580    580 
Directors' Current Accounts 193,547    210,266 
195,724    212,500 

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