ACCOUNTS - Final Accounts preparation

ACCOUNTS - Final Accounts preparation

NGONG TEA LTD - Company Information

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Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-313No description of principal activitytruetrue2021-04-01true3 12506088 2021-04-01 2022-03-31 12506088 2020-03-09 2021-03-31 12506088 2022-03-31 12506088 2021-03-31 12506088 c:Director3 2021-04-01 2022-03-31 12506088 d:CurrentFinancialInstruments 2022-03-31 12506088 d:CurrentFinancialInstruments 2021-03-31 12506088 d:ShareCapital 2022-03-31 12506088 d:ShareCapital 2021-03-31 12506088 c:EntityHasNeverTraded 2021-04-01 2022-03-31 12506088 c:FRS102 2021-04-01 2022-03-31 12506088 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 12506088 c:FullAccounts 2021-04-01 2022-03-31 12506088 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 12506088 6 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure

Registered number: 12506088










NGONG TEA LTD








UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022


 
NGONG TEA LTD
REGISTERED NUMBER: 12506088

BALANCE SHEET
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Investments
 3 
12,500,000
12,500,000

  
12,500,000
12,500,000

Current assets
  

Debtors: amounts falling due within one year
 4 
1
1

  
1
1

Total assets less current liabilities
  
 
 
12,500,001
 
 
12,500,001

Net assets
  
12,500,001
12,500,001


Capital and reserves
  

Called up share capital 
  
12,500,001
12,500,001

  
12,500,001
12,500,001


For the year ended 31 March 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P Magor
Director

Date: 25 August 2022

The notes on page 2 form part of these financial statements.

Page 1
 
NGONG TEA LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

Ngong Tea Limited is a private company, limited by share capital and incorporated in England and Wales. 
The company's registered office is Fawdon Farm, Powburn, Nr Alnwick, Northumberland, NE66 5RF.
The company has never traded.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

 
2.2

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.


3.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 April 2021
12,500,000



At 31 March 2022
12,500,000


4.


Debtors

2022
2021
£
£

Other debtors
1
1

1
1


Page 2