EFE ELECTRONIC COMMERCE (UK) LTD

EFE ELECTRONIC COMMERCE (UK) LTD

EFE ELECTRONIC COMMERCE (UK) LTD - Company Information

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1 March 2018 false No description of principal activity Taxfiler 2019.7.Web 10608261business:PrivateLimitedCompanyLtd2018-03-012019-03-31 106082612018-02-28 106082612018-03-012019-03-31 10608261business:AuditExemptWithAccountantsReport2018-03-012019-03-31 10608261business:FullAccounts2018-03-012019-03-31 106082612019-03-31 10608261business:Director12018-03-012019-03-31 106082612018-02-28 10608261core:WithinOneYear2019-03-31 10608261core:WithinOneYear2018-02-28 10608261core:ShareCapital2019-03-31 10608261core:ShareCapital2018-02-28 10608261core:RetainedEarningsAccumulatedLosses2019-03-31 10608261core:RetainedEarningsAccumulatedLosses2018-02-28 10608261business:SmallEntities2018-03-012019-03-31 10608261countries:EnglandWales2018-03-012019-03-31 10608261core:PlantMachinery2018-03-012019-03-31 10608261core:FurnitureFittings2018-03-012019-03-31 10608261core:PlantMachinery2018-02-28 10608261core:FurnitureFittings2018-02-28 10608261core:PlantMachinery2019-03-31 10608261core:FurnitureFittings2019-03-31 106082612017-02-082018-02-28 iso4217:GBP xbrli:pure
Company Registration No. 10608261 (England and Wales)
EFE ELECTRONIC COMMERCE (UK) LTD Unaudited accounts for the period from 1 March 2018 to 31 March 2019
EFE ELECTRONIC COMMERCE (UK) LTD Unaudited accounts Contents
Page
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EFE ELECTRONIC COMMERCE (UK) LTD Company Information for the period from 1 March 2018 to 31 March 2019
Director
Tian Guo
Company Number
10608261 (England and Wales)
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EFE ELECTRONIC COMMERCE (UK) LTD Statement of financial position as at 31 March 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
7,465 
9,954 
Current assets
Debtors
5
16,000 
16,796 
Cash at bank and in hand
14,644 
21,639 
30,644 
38,435 
Creditors: amounts falling due within one year
6
(183,895)
(139,004)
Net current liabilities
(153,251)
(100,569)
Net liabilities
(145,786)
(90,615)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(145,787)
(90,616)
Shareholders' funds
(145,786)
(90,615)
For the period ending 31 March 2019 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.
Approved by the Board on 20 June 2019.
Tian Guo Director Company Registration No. 10608261
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EFE ELECTRONIC COMMERCE (UK) LTD Notes to the Accounts for the period from 1 March 2018 to 31 March 2019
1
Statutory information
EFE ELECTRONIC COMMERCE (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 10608261.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2018
12,867 
404 
13,271 
At 31 March 2019
12,867 
404 
13,271 
Depreciation
At 1 March 2018
3,216 
101 
3,317 
Charge for the period
2,413 
76 
2,489 
At 31 March 2019
5,629 
177 
5,806 
Net book value
At 31 March 2019
7,238 
227 
7,465 
At 28 February 2018
9,651 
303 
9,954 
5
Debtors
2019 
2018 
£ 
£ 
Other debtors
16,000 
16,796 
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EFE ELECTRONIC COMMERCE (UK) LTD Notes to the Accounts for the period from 1 March 2018 to 31 March 2019
6
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Taxes and social security
2,542 
1,447 
Other creditors
180,113 
136,037 
Accruals
1,240 
1,520 
183,895 
139,004 
7
Average number of employees
During the period the average number of employees was 1 (2018: 1).
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