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 2021

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

6,320

18,461

CURRENT ASSETS

Debtors

5

18,629

13,500

Prepayments and accrued income

17,509

45,468

Cash at bank and in hand

129,610

105,592

165,748

164,560

CREDITORS

Amounts falling due within one year

6

97,676

118,107

NET CURRENT ASSETS

68,072

46,453

TOTAL ASSETS LESS CURRENT LIABILITIES

74,392

64,914

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

73,392

63,914

SHAREHOLDERS' FUNDS

74,392

64,914

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2021 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 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 director and authorised for issue on 26 April 2022 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 8 (2020 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2020

and 30 September 2021

60,709

DEPRECIATION

At 1 October 2020

42,248

Charge for year

12,141

At 30 September 2021

54,389

NET BOOK VALUE

At 30 September 2021

6,320

At 30 September 2020

18,461

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Other debtors

18,629

13,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.21

30.9.20

£

£

Tax

2,600

-

Social security and other taxes

69,712

91,161

Other creditors

11,898

15,611

Directors' loan accounts

9,536

7,700

Accruals and deferred income

3,930

3,635

97,676

118,107