Wing Fung Dundee Limited - Limited company - abbreviated - 11.9
Wing Fung Dundee Limited - Limited company - abbreviated - 11.9
| REGISTERED NUMBER: |
| Wing Fung Dundee Limited |
| Abbreviated Unaudited Accounts |
| for the Year Ended 30 September 2015 |
| Wing Fung Dundee Limited (Registered number: SC347576) |
| Contents of the Abbreviated Accounts |
| for the Year Ended 30 September 2015 |
| Page |
| Company Information | 1 |
| Abbreviated Balance Sheet | 2 |
| Notes to the Abbreviated Accounts | 4 |
| Wing Fung Dundee Limited |
| Company Information |
| for the Year Ended 30 September 2015 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| BANKERS: |
| Wing Fung Dundee Limited (Registered number: SC347576) |
| Abbreviated Balance Sheet |
| 30 September 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 2 |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| Wing Fung Dundee Limited (Registered number: SC347576) |
| Abbreviated Balance Sheet - continued |
| 30 September 2015 |
| 2015 | 2014 |
| Notes | £ | £ | £ | £ |
| CAPITAL AND RESERVES |
| Called up share capital | 4 |
| Profit and loss account |
| SHAREHOLDERS' FUNDS |
| 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 were approved by the director on |
| Wing Fung Dundee Limited (Registered number: SC347576) |
| Notes to the Abbreviated Accounts |
| for the Year Ended 30 September 2015 |
| 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). |
| Turnover and revenue recognition |
| Turnover, which represents net invoiced sales of goods exclusive of VAT, is recognised at the point |
| when the goods are delivered to the customer. |
| Goodwill |
| Goodwill, being the amount in connection with the acquisition of a business in 2008, has been |
| amortised evenly over its estimated useful life of five years. |
| Tangible fixed assets |
| Equipment & fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for |
| obsolete and slow moving items. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed |
| at the balance sheet date where transactions or events have occurred at that date that will result in |
| an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax assets are |
| recognised only to the extent that the directors consider that it is more likely than not that there |
| will be suitable taxable profits from which the future reversal of the underlying timing differences |
| can be deducted. Deferred tax is measured on an undiscounted basis at the rates that are expected |
| to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or |
| substantively enacted at the balance sheet date. |
| Hire purchase and leasing commitments |
| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. |
| Those held under hire purchase contracts are depreciated over their estimated useful lives. Those |
| held under finance leases are depreciated over their estimated useful lives or the lease term, |
| whichever is the shorter. |
| The interest element of these obligations is charged to the profit and loss account over the relevant |
| period. The capital element of the future payments is treated as a liability. |
| Rentals paid under operating leases are charged to the profit and loss account on a straight line |
| basis over the period of the lease. |
| Wing Fung Dundee Limited (Registered number: SC347576) |
| Notes to the Abbreviated Accounts - continued |
| for the Year Ended 30 September 2015 |
| 2. | INTANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2014 |
| and 30 September 2015 |
| AMORTISATION |
| At 1 October 2014 |
| and 30 September 2015 |
| NET BOOK VALUE |
| At 30 September 2015 |
| At 30 September 2014 |
| 3. | TANGIBLE FIXED ASSETS |
| Total |
| £ |
| COST |
| At 1 October 2014 |
| Additions |
| Disposals | ( |
) |
| At 30 September 2015 |
| DEPRECIATION |
| At 1 October 2014 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 30 September 2015 |
| NET BOOK VALUE |
| At 30 September 2015 |
| At 30 September 2014 |
| 4. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2015 | 2014 |
| value: | £ | £ |
| Ordinary | £1 |