Abbreviated Company Accounts - Y (68) LTD

06649710 Y (68) LTD 2014-05-31 false 2013-06-01 2014-05-31 true 06649710 2013-06-01 2014-05-31 06649710 2014-05-31 06649710 2013-05-31 06649710 uk-gaap-cd-bus:Director1 2013-06-01 2014-05-31 06649710 uk-gaap-cd-bus:Director2 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2013-06-01 2014-05-31 uk-gaap-cd-bus:Director3 2014-05-31 uk-gaap-cd-bus:Director3 2013-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-06-01 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2014-05-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-05-31 iso4217:GBP shares

Registered Number 06649710

Y (68) LTD

Abbreviated Accounts

31 May 2014

Y (68) LTD Registered Number 06649710

Abbreviated Balance Sheet as at 31 May 2014

	Notes	2014	2013
		£	£
Fixed assets
Tangible assets	2	738,355	728,673
		738,355	728,673
Current assets
Debtors		122,799	80,657
Cash at bank and in hand		29,615	10,128
		152,414	90,785
Creditors: amounts falling due within one year		(664,836)	(709,444)
Net current assets (liabilities)		(512,422)	(618,659)
Total assets less current liabilities		225,933	110,014
Creditors: amounts falling due after more than one year		-	(16,140)
Total net assets (liabilities)		225,933	93,874
Capital and reserves
Called up share capital	3	10	10
Profit and loss account		225,923	93,864
Shareholders' funds		225,933	93,874

For the year ending 31 May 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 12 September 2014

And signed on their behalf by:
Wei Du, Director

Y (68) LTD Registered Number 06649710

Notes to the Abbreviated Accounts for the period ended 31 May 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 invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

2Tangible fixed assets

	£
Cost
At 1 June 2013	728,673
Additions	9,682
Disposals	-
Revaluations	-
Transfers	-
At 31 May 2014	738,355
Depreciation
At 1 June 2013	-
Charge for the year	-
On disposals	-
At 31 May 2014	-
Net book values
At 31 May 2014	738,355
At 31 May 2013	728,673

3Called Up Share Capital
Allotted, called up and fully paid:

	2014 £	2013 £
10 Ordinary shares of £1 each	10	10

4Transactions with directors

Name of director receiving advance or credit:	Wei Du
Description of the transaction:	Related Party Transactions
Balance at 1 June 2013:	£ 1
Advances or credits made:	-
Advances or credits repaid:	£ 1
Balance at 31 May 2014:	£ 0

The director does not have any material interest, direct or indirect, in any contract entered into by the company.