Lantian Power Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06558546 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Lantian Power Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss J Zhao

REGISTERED OFFICE:

The Coach House

North Building

1 Howard Road

Reigate

Surrey

RH2 7JE

REGISTERED NUMBER:

06558546 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

North Building

1 Howard Road

Reigate

Surrey

RH2 7JE

FIXED ASSETS

Tangible assets

4

28

37

CURRENT ASSETS

Debtors

5

30,209

49,701

Cash at bank

30,117

29,363

60,326

79,064

CREDITORS

Amounts falling due within one year

6

29,597

32,109

NET CURRENT ASSETS

30,729

46,955

TOTAL ASSETS LESS CURRENT LIABILITIES

30,757

46,992

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

30,756

46,991

SHAREHOLDERS' FUNDS

30,757

46,992

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 13 December 2021 and were signed by:

Miss J Zhao - Director

1.	STATUTORY INFORMATION

Lantian Power 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.

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2020

and 31 March 2021

1,000

DEPRECIATION

At 1 April 2020

963

Charge for year

9

At 31 March 2021

972

NET BOOK VALUE

At 31 March 2021

28

At 31 March 2020

37

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Paypal account

30,209

49,701

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.3.20

£

£

Trade creditors

28,984

27,322

Tax

-

778

Directors' current accounts

13

2,809

Accrued expenses

600

1,200

29,597

32,109

7.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss J Zhao.