Contents of the Financial Statements

for the Period Ended 31 December 2019

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

Directors' report period ended 31 December 2019

The directors present their report with the financial statements of the company for the period ended 31 December 2019

Directors

The director shown below has held office during the period of
4 October 2019 to 11 October 2019

Jiang Linqiang

The directors shown below have held office during the period of
6 August 2018 to 31 December 2019

Yan Nong
Yiqiang Zhong

The directors shown below have held office during the whole of the period from
17 July 2018 to 31 December 2019

Li Lingfang
Yan Shuping

The director shown below has held office during the period of
17 July 2018 to 19 August 2019

Runzhe Xia

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
9 March 2020

And signed on behalf of the board by:
Name: Yan Nong
Status: Director

Profit And Loss Account

for the Period Ended 31 December 2019

	17 months to 31 December 2019
	£
Turnover:	4,058
Cost of sales:	( 67,351 )
Gross profit(or loss):	(63,293)
Administrative expenses:	( 2,195,091 )
Other operating income:	120,314
Operating profit(or loss):	(2,138,070)
Interest receivable and similar income:	133,838
Profit(or loss) before tax:	(2,004,232)
Profit(or loss) for the financial year:	(2,004,232)

Balance sheet

As at 31 December 2019

	Notes	17 months to 31 December 2019
		£
Fixed assets
Tangible assets:	3	198,172
Investments:	4	2,168,944
Total fixed assets:		2,367,116
Current assets
Debtors:	5	8,088,576
Cash at bank and in hand:		14,508,524
Total current assets:		22,597,100
Creditors: amounts falling due within one year:	6	( 6,968,448 )
Net current assets (liabilities):		15,628,652
Total assets less current liabilities:		17,995,768
Total net assets (liabilities):		17,995,768
Capital and reserves
Called up share capital:		20,000,000
Profit and loss account:		(2,004,232 )
Total Shareholders' funds:		17,995,768

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 December 2019 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents amounts receivable for provision of brokering of commodity trading and commodity derivatives.Turnover is recognised as the fair value of the consideration received or recevable and is recognised on the date the trade is executed

  Tangible fixed assets depreciation policy

  Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation,net of depreciation and any impairment losses.

  Other accounting policies

  Cash and cash equivalents,Financial Instruments ,Impairment of financial assets,Derecognition of financial assets,Classification of financial liabilities,Basic financial liabilities,Other financial liabilities,Derecognition of financial liabilities,Equity instruments,Employee benefits,Retirement benefits,Leases and Foreign exchange

Notes to the Financial Statements

for the Period Ended 31 December 2019

• 2. Employees

  	17 months to 31 December 2019
  Average number of employees during the period	8