Zhu Yuen Yuen Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 11923436 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2023

for

Zhu Yuen Yuen Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Y X Zhu

REGISTERED OFFICE:

The Coach House

1 Howard Road

Reigate

Surrey

RH2 7JE

REGISTERED NUMBER:

11923436 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

North Building

1 Howard Road

Reigate

Surrey

RH2 7JE

FIXED ASSETS

Intangible assets

4

14,400

15,300

Tangible assets

5

3,349

4,466

17,749

19,766

CURRENT ASSETS

Stocks

750

750

Cash at bank and in hand

46,519

65,037

47,269

65,787

CREDITORS

Amounts falling due within one year

6

16,575

26,167

NET CURRENT ASSETS

30,694

39,620

TOTAL ASSETS LESS CURRENT LIABILITIES

48,443

59,386

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

48,343

59,286

48,443

59,386

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:

Y X Zhu - Director

1.	STATUTORY INFORMATION

Zhu Yuen Yuen 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 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2022

and 30 April 2023

18,000

AMORTISATION

At 1 May 2022

2,700

Charge for year

900

At 30 April 2023

3,600

NET BOOK VALUE

At 30 April 2023

14,400

At 30 April 2022

15,300

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2022

and 30 April 2023

10,330

DEPRECIATION

At 1 May 2022

5,864

Charge for year

1,117

At 30 April 2023

6,981

NET BOOK VALUE

At 30 April 2023

3,349

At 30 April 2022

4,466

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Tax

4,697

9,877

Social security and other taxes

-

47

VAT

7,033

5,758

Directors' current accounts

1,834

8,302

Accrued expenses

3,011

2,183

16,575

26,167