JIN_ZHONG_ENTERPRISE_LIMI - Accounts
JIN_ZHONG_ENTERPRISE_LIMI - Accounts
Company Registration No. 09415405 (England and Wales)
UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 JANUARY 2016
CONTENTS
Page
Abbreviated balance sheet
1
Notes to the abbreviated accounts
2 - 3
ABBREVIATED BALANCE SHEET
AS AT
31 JANUARY 2016
- 1 -
2016
Notes
£
£
Fixed assets
Tangible assets
2
Current assets
Cash at bank and in hand
Creditors: amounts falling due within one year
(457,221 )
Net current liabilities
(457,121 )
Total assets less current liabilities
(13,985 )
Capital and reserves
Called up share capital
3
Profit and loss account
(14,085 )
Shareholders' funds
(13,985 )
Director's responsibilities:
-
-
Approved by the Board for issue on 31 October 2016
Director
Company Registration No. 09415405
NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE PERIOD ENDED 31 JANUARY 2016
- 2 -
1
Accounting policies
1.1
Accounting convention
The company incurred a net loss of £14,085 during the period ended 31 January 2016 and, as at that date, the company's current liabilities exceeded its total assets and it had net current liabilities of £11,985. These conditions indicate the existence of a material uncertainty that may cast significant doubt about the company's ability to continue as a going concern. The financial statements do not include any adjustments that would result if the company was unable to continue as a going concern.
The accounts have been prepared on the going concern basis assuming continued financial support from the director. The company meets its day-to-day working capital requirements through support from the director.
The director has a reasonable expectation that the company will have access to adequate resources to continue to trade for the foreseeable future and she believes it is appropriate to continue to adopt the going concern basis in preparing the annual report and accounts. No adjustments have been made should the director withdraw her support to the company.
1.2
Compliance with accounting standards
The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).
1.3
Tangible fixed assets and depreciation
Tangible fixed assets include investment properties internally valued by the Director on an open market value basis.
1.4
Foreign currency translation
Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.
2
Fixed assets
Tangible assets
£
Cost
At 30 January 2015
-
Additions
443,136
At 31 January 2016
443,136
NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)
FOR THE PERIOD ENDED 31 JANUARY 2016
- 3 -
3
Share capital
2016
£
Allotted, called up and fully paid