Gerrard Street Hongqin Ltd - Filleted accounts

Registered number

12314601

Gerrard Street Hongqin Ltd

Filleted Accounts

30 November 2025

Gerrard Street Hongqin Ltd
Registered number:		12314601
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		125,832			149,340

Current assets
Stocks		5,500			5,500
Debtors	4	424,095			416,198
Cash at bank and in hand		254,114			198,651
		683,709			620,349

Creditors: amounts falling due within one year	5	(492,546)			(461,172)

Net current assets			191,163			159,177

Total assets less current liabilities			316,995			308,517


Provisions for liabilities			(22,623)			(26,167)


Net assets			294,372			282,350

Capital and reserves
Called up share capital			100			100
Profit and loss account			294,272			282,250

Shareholder's funds			294,372			282,350

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Hong Chen
Director
Approved by the board on 2 June 2026

Gerrard Street Hongqin Ltd
Notes to the Accounts
for the year ended 30 November 2025


1	Accounting policies

	Basis of preparation
	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 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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.


	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	over the lease term
	Plant and machinery	25% on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			20		20


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 December 2024	54,006		291,896		345,902
	Additions	-		9,822		9,822
	At 30 November 2025	54,006		301,718		355,724

	Depreciation
	At 1 December 2024	14,001		182,561		196,562
	Charge for the year	4,667		28,663		33,330
	At 30 November 2025	18,668		211,224		229,892

	Net book value
	At 30 November 2025	35,338		90,494		125,832
	At 30 November 2024	40,005		109,335		149,340


4	Debtors			2025		2024
£					£

	Other debtors			424,095		416,198


5	Creditors: amounts falling due within one year			2025		2024
£					£

	Trade creditors			69,475		63,860
	Taxation and social security costs			359,071		253,694
	Other creditors			64,000		143,618
				492,546		461,172


6	Other information

	Gerrard Street Hongqin Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Ground Floor
	7 Gerrard Street
	London
	W1D 5PH

7	Ultimate controlling party

	The company is controlled by the sole director.