Charlotte Panda Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 08086321 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2018

for

Charlotte Panda Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms Q Qin

REGISTERED OFFICE:

Room 5.01, Grand Union Studios

332 Ladbroke Grove

London

W10 5AD

REGISTERED NUMBER:

08086321 (England and Wales)

ACCOUNTANTS:

L&W Chartered Certified Accountants

1st Floor

30 Charing Cross Road

London

WC2H 0DE

FIXED ASSETS

Tangible assets

4

774

1,032

CURRENT ASSETS

Debtors

5

33,880

46,811

Prepayments and accrued income

8,694

-

Cash at bank and in hand

32,215

31,209

74,789

78,020

CREDITORS

Amounts falling due within one year

6

5,460

4,569

NET CURRENT ASSETS

69,329

73,451

TOTAL ASSETS LESS CURRENT LIABILITIES

70,103

74,483

CREDITORS

Amounts falling due after more than one year

7

53,705

53,705

NET ASSETS

16,398

20,778

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

15,398

19,778

SHAREHOLDERS' FUNDS

16,398

20,778

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 21 February 2019 and were signed by:

Ms Q Qin - Director

1.	STATUTORY INFORMATION

Charlotte Panda 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Fees received 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.

Fixtures and fittings

-

25% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over

the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 June 2017

and 31 May 2018

1,703

DEPRECIATION

At 1 June 2017

671

Charge for year

258

At 31 May 2018

929

NET BOOK VALUE

At 31 May 2018

774

At 31 May 2017

1,032

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade debtors

33,880

46,811

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.18

31.5.17

£

£

Trade creditors

(948

)

-

Corporation tax

48

48

Social security and other taxes

1,838

1,479

Directors' current accounts

40

3,000

Accrued expenses

4,482

42

5,460

4,569

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.18

31.5.17

£

£

Directors' loan accounts

53,705

53,705

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.18

31.5.17

value:

£

£

1,000

Ordinary

1

1,000

1,000