China Express 88 Limited - Filleted accounts

Registered number

12498493

China Express 88 Limited

Filleted Accounts

31 January 2026

China Express 88 Limited
Registered number:		12498493
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		12,000			12,000
Tangible assets	4		5,424			5,770
			17,424			17,770

Current assets
Stocks		970			707
Debtors	5	1,617			589
Cash at bank and in hand		9,783			4,521
		12,370			5,817

Creditors: amounts falling due within one year	6	(6,294)			(6,913)

Net current assets/(liabilities)			6,076			(1,096)

Total assets less current liabilities			23,500			16,674

Creditors: amounts falling due after more than one year	7		(6,437)			-



Net assets			17,063			16,674

Capital and reserves
Called up share capital			10			10
Profit and loss account			17,053			16,664

Shareholder's funds			17,063			16,674

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 his 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.




Tit Shing Tang
Director
Approved by the board on 9 September 2026

China Express 88 Limited
Notes to the Accounts
for the year ended 31 January 2026


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

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on tangible fixed assets at rates calculated as follows:


	Plant and machinery	18% reducing balance
	Fixtures, fittings, tools and equipment	6% reducing alance

	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		2026		2025
Number				Number

	Average number of persons employed by the company		3		4


3	Intangible fixed assets				£
	Goodwill:

	Cost
	At 1 February 2025				12,000
	At 31 January 2026				12,000

	Amortisation
	At 31 January 2026				-

	Net book value
	At 31 January 2026				12,000
	At 31 January 2025				12,000




4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				7,390
	At 31 January 2026				7,390

	Depreciation
	At 1 February 2025				1,620
	Charge for the year				346
	At 31 January 2026				1,966

	Net book value
	At 31 January 2026				5,424
	At 31 January 2025				5,770


5	Debtors		2026		2025
£				£

	Trade debtors		1,317		589
	Other debtors		300		-
			1,617		589


6	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		4,967		6,018
	Other creditors		1,327		895
			6,294		6,913


7	Creditors: amounts falling due after one year		2026		2025
£				£

	Other creditors		6,437		-


8	Other information

	China Express 88 Limited is a private company limited by shares and incorporated in England. Its registered office is:
	129 Allenby Road
	Leeds
	LS11 5RR