Charlotte Panda Ltd - Limited company - abbreviated - 11.9

REGISTERED NUMBER: 08086321 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2015

for

Charlotte Panda Ltd

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

DIRECTOR:

Ms Q Qin

REGISTERED OFFICE:

Room 224

239 High Street Kensington

London

W8 6SN

REGISTERED NUMBER:

08086321 (England and Wales)

ACCOUNTANTS:

BAS ACCOUNTANTS

2nd Floor

22 Wardour Street

London

W1D 6QQ

FIXED ASSETS

Tangible assets

2

95

125

CURRENT ASSETS

Stocks

-

200

Debtors

27,431

1,624

Cash at bank

40,851

60,873

68,282

62,697

CREDITORS

Amounts falling due within one year

55,014

55,227

NET CURRENT ASSETS

13,268

7,470

TOTAL ASSETS LESS CURRENT LIABILITIES

13,363

7,595

CAPITAL AND RESERVES

Called up share capital

3

1,000

1,000

Profit and loss account

12,363

6,595

SHAREHOLDERS' FUNDS

13,363

7,595

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2015.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2015 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director on 1 October 2015 and were signed by:

Ms Q Qin - 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

Fees received 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.

Fixtures and fittings

-

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.

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

At 1 June 2014

and 31 May 2015

165

DEPRECIATION

At 1 June 2014

40

Charge for year

30

At 31 May 2015

70

NET BOOK VALUE

At 31 May 2015

95

At 31 May 2014

125

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.15

31.5.14

value:

£

£

1,000

Ordinary

1

1,000

1,000