Company Registration No. 09814940 (England and Wales)
HOPE WELLNESS (UK) LTD
Unaudited accounts
for the year ended 31 October 2020
HOPE WELLNESS (UK) LTD
Unaudited accounts
Contents
HOPE WELLNESS (UK) LTD
Company Information
for the year ended 31 October 2020
Company Number
09814940 (England and Wales)
Registered Office
10 BREWILL GROVE
WILFORD
NOTTINGHAM
NG11 7HJ
UNITED KINGDOM
HOPE WELLNESS (UK) LTD
Statement of financial position
as at 31 October 2020
Tangible assets
17,556
23,409
Cash at bank and in hand
3,107
8,265
Creditors: amounts falling due within one year
(6,630)
(25,287)
Net current liabilities
(3,523)
(17,022)
Total assets less current liabilities
14,033
6,387
Creditors: amounts falling due after more than one year
-
(2,805)
Called up share capital
100
100
Profit and loss account
13,933
3,482
Shareholders' funds
14,033
3,582
For the year ending 31 October 2020 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 July 2021 and were signed on its behalf by
Mr Hau Wee Lim
Director
Company Registration No. 09814940
HOPE WELLNESS (UK) LTD
Notes to the Accounts
for the year ended 31 October 2020
HOPE WELLNESS (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 09814940. The registered office is 10 BREWILL GROVE, WILFORD, NOTTINGHAM, NG11 7HJ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing balance
Fixtures & fittings
20% Reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2019
48,790
5,096
53,886
At 31 October 2020
48,790
5,096
53,886
At 1 November 2019
28,207
2,270
30,477
Charge for the year
5,146
707
5,853
At 31 October 2020
33,353
2,977
36,330
At 31 October 2020
15,437
2,119
17,556
At 31 October 2019
20,583
2,826
23,409
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Creditors: amounts falling due within one year
2020
2019
Obligations under finance leases and hire purchase contracts
2,805
9,942
Taxes and social security
3,825
2,362
Loans from directors
-
12,983
HOPE WELLNESS (UK) LTD
Notes to the Accounts
for the year ended 31 October 2020
6
Creditors: amounts falling due after more than one year
2020
2019
Obligations under finance leases and hire purchase contracts
-
2,805
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).
