Golden Dragon (Ashbourne) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05367155 (England and Wales)

Financial Statements

for the Year Ended 31 May 2019

for

Golden Dragon (Ashbourne) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

C Shek

F T Lo

Mrs C S P Law

Mrs M P Shek

Mrs T K Lo

REGISTERED OFFICE:

19 Cokayne Avenue

Ashbourne

Derbyshire

DE6 1EJ

REGISTERED NUMBER:

05367155 (England and Wales)

ACCOUNTANTS:

Bates Weston LLP

Chartered Accountants

The Mills

Canal Street

Derby

DE1 2RJ

CURRENT ASSETS

Debtors

4

266

-

Cash at bank and in hand

5,348

59,127

5,614

59,127

CREDITORS

Amounts falling due within one year

5

5,458

54,212

NET CURRENT ASSETS

156

4,915

TOTAL ASSETS LESS CURRENT LIABILITIES

156

4,915

CAPITAL AND RESERVES

Called up share capital

120

120

Retained earnings

36

4,795

SHAREHOLDERS' FUNDS

156

4,915

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors on 17 February 2020 and were signed on its behalf by:

F T Lo - Director

1.	STATUTORY INFORMATION

Golden Dragon (Ashbourne) Limited 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 represents net invoiced sales of goods and rental income received, excluding value added

tax. Turnover is recognised in the year in which the goods are provided. Rental income is accounted

for when receivable.

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 5 (2018 - 10 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Directors' loan accounts

266

-

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Tax

1,699

21,773

Social security and other taxes

159

18,174

Other creditors

-

662

Directors' loan accounts

-

3,456

Accrued expenses

3,600

10,147

5,458

54,212

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year net advances of £266 were made to the directors. These are interest free and

repayable on demand.