Accounts filed on 02-02-2020

			Company registration number:10566944
		SHI WEI XIAN LTD
			FINANCIAL STATEMENTS
			FOR THE PERIOD ENDED 2 February 2020

SHI WEI XIAN LTD
BALANCE SHEET
AS AT 2 February 2020
					2020				2019
				Notes	£		£		£		£
CURRENT ASSETS
Stocks					250				600
Debtors				3	1,668				1,562
Cash at bank and in hand					220				826
					2,138				2,988
CREDITORS
Amounts falling due within one year				4	(4,458)				(5,081)
NET CURRENT ASSETS							(2,320)				(2,093)
TOTAL ASSETS LESS
CURRENT LIABILITIES							(2,320)				(2,093)
NET ASSETS							(2,320)				(2,093)
CAPITAL AND RESERVES
Called-up equity share capital				5			100				100
Profit and loss account							(2,420)				(2,193)
SHAREHOLDERS FUNDS							(2,320)				(2,093)
For the period ending 2 February 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 27 February 2020 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Ms Xiao Min Xie
27 February 2020
The annexed notes form part of these financial statements.

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SHI WEI XIAN LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 2 FEBRUARY 2020
				Share	Share	P and L	Revaluation	Other	Total
				Capital	Premium	Account	reserve	reserves	equity
				£	£	£	£	£	£
Balance at 4 March 2018				100	0	(791)	0	0	(691)
Changes in equity
Total Comprehensive Income				0	0	(1,402)	0	0	(1,402)
Balance at 3 March 2019				100	0	(2,193)	0	0	(2,093)
Changes in equity
Total comprehensive income				0	0	(227)	0	0	(227)
Balance at 2 February 2020				100	0	(2,420)	0	0	(2,320)

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SHI WEI XIAN LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 2 FEBRUARY 2020

1.

Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost covention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the

Stocks and Work In Progress

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

2.

Employees

The average number of persons employed by the company (including director) during the year was 2 (2019:3).

3.	Debtors
					2020	2019
					£	£
	Due within one year
	Other Debtors				198	277
	Prepayments and accrued income				1,470	1,285
					1,668	1,562

4.	Creditors due within one year
					2020	2019
					£	£
	Accruals and deferred income				137	1,883
	Loan from directors				4,321	3,198
					4,458	5,081

5.	Share capital				Alloted, Issued and fully paid
					2020	2019
					£	£
	Ordinary shares of £1 each				100	100
	Total issued share capital				100	100

6.	Related Party Transactions
	There were no related party transactions in which the director has a direct and material interest.