Tianshan Jade (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 12150712 (England and Wales)

TIANSHAN JADE (UK) LIMITED

Unaudited Financial Statements

for the Year Ended 31 August 2021

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K A Foo

B Galimgereyev

REGISTERED OFFICE:

Springfield House

Westcott Street

Westcott

Dorking

Surrey

RH4 3LU

REGISTERED NUMBER:

12150712 (England and Wales)

ACCOUNTANTS:

The Bailey Partnership

Chartered Accountants

The Old Mill, Kings Mill

Kings Mill Lane

South Nutfield

Surrey

RH1 5NB

FIXED ASSETS

Tangible assets

4

615

820

CURRENT ASSETS

Debtors

5

259,160

90,577

Cash at bank and in hand

6,724

907

265,884

91,484

CREDITORS

Amounts falling due within one year

6

419,024

201,939

NET CURRENT LIABILITIES

(153,140

)

(110,455

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(152,525

)

(109,635

)

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

8

(152,526

)

(109,636

)

SHAREHOLDERS' FUNDS

(152,525

)

(109,635

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2021 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 October 2021 and were signed on its behalf by:

K A Foo - Director

1.	STATUTORY INFORMATION

Tianshan Jade (UK) 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.

Tangible fixed assets

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

Computer equipment

-

25% on reducing balance

Fixed assets do not require replacement of parts or the cost of major inspections to be recognised separately.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 September 2020

and 31 August 2021

1,094

DEPRECIATION

At 1 September 2020

274

Charge for year

205

At 31 August 2021

479

NET BOOK VALUE

At 31 August 2021

615

At 31 August 2020

820

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Amounts owed by group undertakings

259,160

80,403

Other debtors

-

4,678

VAT

-

5,496

259,160

90,577

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

10,000

8,676

Other creditors

408,064

192,363

Accrued expenses

960

900

419,024

201,939

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2021

2020

value:

£

£

1

Ordinary

£1

1

1

8.

RESERVES

Retained

earnings

£

At 1 September 2020

(109,636

)

Deficit for the year

(42,890

)

At 31 August 2021

(152,526

)