Company Registration No. 13558844 (England and Wales)
Hai Gang City Ltd
Unaudited accounts
for the year ended 31 August 2025
Hai Gang City Ltd
Unaudited accounts
Contents
Hai Gang City Ltd
Company Information
for the year ended 31 August 2025
Company Number
13558844 (England and Wales)
Registered Office
7 Old Pier Street
Walton On The Naze
CO14 8AW
Accountants
LJW Accountants Limited
27 Hardy Avenue
Dartford
Kent
DA1 2FE
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Hai Gang City Ltd
for the year ended 31 August 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Hai Gang City Ltd for the year ended
31 August 2025 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
LJW Accountants Limited
Chartered Certified Accountants
27 Hardy Avenue
Dartford
Kent
DA1 2FE
13 December 2025
Hai Gang City Ltd
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
2,678
723
Creditors: amounts falling due within one year
(3,536)
(2,444)
Net current assets
1,392
1,443
Called up share capital
100
100
Profit and loss account
1,380
1,520
Shareholders' funds
1,480
1,620
For the year ending 31 August 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 13 December 2025 and were signed on its behalf by
Yuzhu Yu
Director
Company Registration No. 13558844
Hai Gang City Ltd
Notes to the Accounts
for the year ended 31 August 2025
Hai Gang City Ltd is a private company, limited by shares, registered in England and Wales, registration number 13558844. The registered office is 7 Old Pier Street, Walton On The Naze, CO14 8AW.
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. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Over 5 years
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Hai Gang City Ltd
Notes to the Accounts
for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
1,820
1,484
Loans from directors
603
-
7
Average number of employees
During the year the average number of employees was 3 (2024: 3).