THE UK FEDERATION OF FUJIAN ASSOCIATIONS

THE UK FEDERATION OF FUJIAN ASSOCIATIONS
Contents Page
For the year ended 28 February 2023

Company Information	1
Statement of Financial Position	2
Statement of Changes in Equity	3
Notes to the Financial Statements	4

THE UK FEDERATION OF FUJIAN ASSOCIATIONS
Company Information
For the year ended 28 February 2023

Director	Guangxi LI
Registered Number	11220180
Registered Office	51 New Street Birmingham B2 4EG

1

THE UK FEDERATION OF FUJIAN ASSOCIATIONS
Statement of Financial Position
As at 28 February 2023

	Notes	2023 £	2022 £
Current assets
Cash at bank and in hand		12,896	19,218
Creditors: amount falling due within one year	3	(11,358)	(11,191)
Net current assets		1,538	8,027

Total assets less current liabilities		1,538	8,027
Creditors: amount falling due after more than one year	4	(433)	(633)
Net assets		1,105	7,394

Capital and reserves
Profit and loss account		1,105	7,394
Members' funds		1,105	7,394

For the year ended 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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 06 August 2026 and were signed by:

-------------------------------
Guangxi LI
Director

2

THE UK FEDERATION OF FUJIAN ASSOCIATIONS
Statement of Changes in Equity
For the year ended 28 February 2023

	Retained Earnings	Total
	£	£
At 01 March 2021	(1,823)	(1,823)
Profit/(Loss) for the year	9,217	9,217
Total comprehensive income for the year	9,217	9,217
Total investments by and distributions to owners	-	-
At 28 February 2022	7,394	7,394
At 01 March 2022	7,394	7,394
Profit/(Loss) for the year	(6,289)	(6,289)
Total comprehensive income for the year	(6,289)	(6,289)
Total investments by and distributions to owners	-	-
At 28 February 2023	1,105	1,105

3

THE UK FEDERATION OF FUJIAN ASSOCIATIONS
Notes to the Financial Statements
For the year ended 28 February 2023

General Information

THE UK FEDERATION OF FUJIAN ASSOCIATIONS is a private company, limited by guarantee, registered in England and Wales, registration number 11220180, registration address 51 New Street, Birmingham, B2 4EG.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
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.
Current and deferred tax assets and liabilities are not discounted.

2.	Average number of employees Average number of employees during the year was 0 (2022 : 0).

3.

Creditors: amount falling due within one year

	2023 £	2022 £
Corporation Tax	-	1,735
Directors' Current Accounts	11,358	9,456
	11,358	11,191

4.

Creditors: amount falling due after more than one year

	2023 £		2022 £
Accrued Expenses	433		633
	433		633

5.	Company Limited by Guarantee The company is limited by guarantee and therefore has no shares.

4

Registered Number: 11220180
England and Wales
THE UK FEDERATION OF FUJIAN ASSOCIATIONS

Unaudited Financial Statements

Period of accounts Start date: 01 March 2022 End date: 28 February 2023