Victoria Xu Limited - Accounts to registrar (filleted) - small 18.2

Victoria Xu Limited - Accounts to registrar (filleted) - small 18.2

VICTORIA XU LIMITED - Company Information

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REGISTERED NUMBER: 11152727 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 16 JANUARY 2018 TO 31 JANUARY 2019

FOR

VICTORIA XU LIMITED
VICTORIA XU LIMITED (REGISTERED NUMBER: 11152727)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 JANUARY 2018 TO 31 JANUARY 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

VICTORIA XU LIMITED

COMPANY INFORMATION
FOR THE PERIOD 16 JANUARY 2018 TO 31 JANUARY 2019







DIRECTORS: H Huang
P Xu
F Xu





SECRETARY:





REGISTERED OFFICE: Flat 4 3 Penywern Road
London
United Kingdom
SW5 9TT





REGISTERED NUMBER: 11152727 (England and Wales)





ACCOUNTANTS: Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ
Page 1
VICTORIA XU LIMITED (REGISTERED NUMBER: 11152727)

BALANCE SHEET
31 JANUARY 2019

Notes £    £   
FIXED ASSETS
Tangible assets 4 1,934,812

CURRENT ASSETS
Debtors 5 8,877
Cash at bank and in hand 27,347
36,224
CREDITORS
Amounts falling due within one year 6 992,982
NET CURRENT LIABILITIES (956,758 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
978,054

CREDITORS
Amounts falling due after more than one year 7 1,072,423
NET LIABILITIES (94,369 )

CAPITAL AND RESERVES
Called up share capital 10
Retained earnings (94,379 )
SHAREHOLDERS' FUNDS (94,369 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial
year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which
otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the
company.

The 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.

The financial statements were approved by the Board of Directors on 2 October 2019 and were signed on its behalf by:



H Huang - Director F Xu - Director



P Xu - Director


The notes form part of these financial statements

Page 2
VICTORIA XU LIMITED (REGISTERED NUMBER: 11152727)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 16 JANUARY 2018 TO 31 JANUARY 2019

1. STATUTORY INFORMATION

Victoria Xu Limited is a private company, limited by shares , registered in England and Wales. The company's registered number
and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax
and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it
relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively
enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which
they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or
substantively enacted by the period end and 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are
charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 65 .

Page 3 continued...
VICTORIA XU LIMITED (REGISTERED NUMBER: 11152727)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 16 JANUARY 2018 TO 31 JANUARY 2019

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
Additions 1,846,416 103,994 1,950,410
At 31 January 2019 1,846,416 103,994 1,950,410
DEPRECIATION
Charge for period - 15,598 15,598
At 31 January 2019 - 15,598 15,598
NET BOOK VALUE
At 31 January 2019 1,846,416 88,396 1,934,812

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 8,877

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 7,474
Taxation and social security 52,015
Other creditors 933,493
992,982

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Deposits account 44,221
Amounts owed to group undertakings 1,028,202
1,072,423

Page 4
VICTORIA XU LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
VICTORIA XU LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial
statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are
cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be
filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the period ended 31 January 2019 set out on pages nil to nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ


2 October 2019

This page does not form part of the statutory financial statements

Page 5