Ying De Group Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08230192 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Ying De Group Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr B Han

REGISTERED OFFICE:

C/O Barrette Limited

Dunham House

85-89 Cross Street

Sale

M33 7HH

REGISTERED NUMBER:

08230192 (England and Wales)

ACCOUNTANTS:

Barrette Limited

232a Signature House

Rainhill Road

Prescot

Merseyside

L35 4LD

FIXED ASSETS

Tangible assets

4

27,094

36,125

CURRENT ASSETS

Prepayments and accrued income

42,235

-

Cash at bank and in hand

59,199

527,843

101,434

527,843

CREDITORS

Amounts falling due within one year

5

66,069

524,262

NET CURRENT ASSETS

35,365

3,581

TOTAL ASSETS LESS CURRENT LIABILITIES

62,459

39,706

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

61,459

38,706

SHAREHOLDERS' FUNDS

62,459

39,706

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 1 November 2019 and were signed by:

Mr B Han - Director

1.	STATUTORY INFORMATION

Ying De Group Ltd 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 year 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 year 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 year was 19 (2017 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2017

and 30 September 2018

45,156

DEPRECIATION

At 1 October 2017

9,031

Charge for year

9,031

At 30 September 2018

18,062

NET BOOK VALUE

At 30 September 2018

27,094

At 30 September 2017

36,125

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.18

30.9.17

£

£

Trade creditors

-

477,842

Tax

5,333

9,488

Social security and other taxes

25,927

14,717

Other creditors

31,970

19,676

Accruals and deferred income

2,839

2,539

66,069

524,262