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Registered number: 10053675
Ziyou Travel & Training Services Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2025
Overpaidtax Limited
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—4
Page 1
Statement of Financial Position
Registered number: 10053675
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 8,000 8,000
8,000 8,000
CURRENT ASSETS
Stocks 5 15,000 16,354
Debtors 6 50 56
Cash at bank and in hand 69 27
15,119 16,437
Creditors: Amounts Falling Due Within One Year 7 (1 ) (1 )
NET CURRENT ASSETS (LIABILITIES) 15,118 16,436
TOTAL ASSETS LESS CURRENT LIABILITIES 23,118 24,436
Creditors: Amounts Falling Due After More Than One Year 8 (14,367 ) (12,777 )
NET ASSETS 8,751 11,659
CAPITAL AND RESERVES
Called up share capital 9 4,000 4,000
Income Statement 4,751 7,659
SHAREHOLDERS' FUNDS 8,751 11,659
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Xing Wang
Director
22/12/2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Ziyou Travel & Training Services Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 10053675 . The registered office is 15a Benhilton Gardens, Sutton, SM1 3BS.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Intellectual Property
Intellectual property assets are .... It is amortised to the income statement over its estimated economic life of .... years.
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Intangible Assets
Intellectual Property
£
Cost
As at 1 April 2024 8,000
As at 31 March 2025 8,000
Net Book Value
As at 31 March 2025 8,000
As at 1 April 2024 8,000
5. Stocks
2025 2024
£ £
Materials 15,000 16,354
Page 3
Page 4
6. Debtors
2025 2024
£ £
Due within one year
VAT 50 56
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 1 1
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Directors loan account 14,367 12,777
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4,000 4,000
Page 4