China's Republic of People Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 07518959 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 October 2014

for

China's Republic of People Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

DIRECTORS:

E China

Mrs I C H China

REGISTERED OFFICE:

Unit 31

Basepoint Business Centre

1 Winnall Valley Road

Winchester

Hampshire

SO23 0LD

REGISTERED NUMBER:

07518959 (England and Wales)

ACCOUNTANTS:

Poolemead Accountants Limited

31 Basepoint Business Centre

1 Winnall Valley Road

Winchester

Hampshire

SO23 0LD

FIXED ASSETS

Tangible assets

2

1,860

-

CURRENT ASSETS

Debtors

3

517,147

294,264

Cash at bank

10,768

1,576

527,915

295,840

CREDITORS

Amounts falling due within one year

102,313

7,511

NET CURRENT ASSETS

425,602

288,329

TOTAL ASSETS LESS CURRENT LIABILITIES

427,462

288,329

ACCRUALS AND DEFERRED INCOME

2,750

153,000

NET ASSETS

424,712

135,329

CAPITAL AND RESERVES

Called up share capital

4

2

2

Profit and loss account

424,710

135,327

SHAREHOLDERS' FUNDS

424,712

135,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2014 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the Board of Directors on 13 July 2015 and were signed on its behalf by:

E China - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing a cash flow statement

Exemption has been taken from preparing a cash flow statement on the grounds that the company qualifies as a

small company.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Depreciation is charged in the year of purchase but not in the year of disposal.

Hire purchase and leasing commitments

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

period of the lease.

2.	TANGIBLE FIXED ASSETS

Total

£

COST

Additions

2,790

At 31 October 2014

2,790

DEPRECIATION

Charge for year

930

At 31 October 2014

930

NET BOOK VALUE

At 31 October 2014

1,860

3.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

The aggregate total of debtors falling due after more than one year is £ 514,747

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2014

2013

value:

£

£

2

Ordinary shares of £1

£1

2

2