Abbreviated Company Accounts - LUYIYA GLOBAL (UK) CO. LTD

Abbreviated Company Accounts - LUYIYA GLOBAL (UK) CO. LTD

LUYIYA GLOBAL (UK) CO. LTD - Company Information

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Registered Number 07346755

LUYIYA GLOBAL (UK) CO. LTD

Abbreviated Accounts

31 August 2014

LUYIYA GLOBAL (UK) CO. LTD Registered Number 07346755

Abbreviated Balance Sheet as at 31 August 2014

Notes 2014 2013
£ £
Fixed assets
Intangible assets 2 9,600 12,800
9,600 12,800
Current assets
Stocks 15,430 12,880
Debtors 2,048 3,070
Cash at bank and in hand 4,218 4,881
21,696 20,831
Creditors: amounts falling due within one year (49,667) (61,737)
Net current assets (liabilities) (27,971) (40,906)
Total assets less current liabilities (18,371) (28,106)
Total net assets (liabilities) (18,371) (28,106)
Capital and reserves
Called up share capital 1 1
Profit and loss account (18,372) (28,107)
Shareholders' funds (18,371) (28,106)
  • For the year ending 31 August 2014 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 May 2015

And signed on their behalf by:
F SHEN, Director

LUYIYA GLOBAL (UK) CO. LTD Registered Number 07346755

Notes to the Abbreviated Accounts for the period ended 31 August 2014

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Intangible assets amortisation policy
Goodwill - 20% Straight Line

2Intangible fixed assets
£
Cost
At 1 September 2013 16,000
Additions -
Disposals -
Revaluations -
Transfers -
At 31 August 2014 16,000
Amortisation
At 1 September 2013 3,200
Charge for the year 3,200
On disposals -
At 31 August 2014 6,400
Net book values
At 31 August 2014 9,600
At 31 August 2013 12,800