Abbreviated Company Accounts - HUNG PHAT LIMITED

07101934 HUNG PHAT LIMITED 2013-12-31 false 2013-01-01 2013-12-31 true 07101934 2013-01-01 2013-12-31 07101934 2013-12-31 07101934 2012-12-31 07101934 uk-gaap-cd-bus:Director1 2013-01-01 2013-12-31 07101934 uk-gaap-cd-bus:Director2 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-01-01 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2013-12-31 uk-gaap-cd-bus:OrdinaryShareClass1 2012-12-31 iso4217:GBP shares

Registered Number 07101934

HUNG PHAT LIMITED

Abbreviated Accounts

31 December 2013

HUNG PHAT LIMITED Registered Number 07101934

Abbreviated Balance Sheet as at 31 December 2013

	Notes	2013	2012
		£	£
Fixed assets
Tangible assets	2	6,259	8,345
		6,259	8,345
Current assets
Stocks		48,500	62,500
Debtors		3,876	1,076
Cash at bank and in hand		5,694	9,931
		58,070	73,507
Creditors: amounts falling due within one year		(97,262)	(100,384)
Net current assets (liabilities)		(39,192)	(26,877)
Total assets less current liabilities		(32,933)	(18,532)
Total net assets (liabilities)		(32,933)	(18,532)
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		(33,033)	(18,632)
Shareholders' funds		(32,933)	(18,532)

For the year ending 31 December 2013 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 1 September 2014

And signed on their behalf by:
Mr Qua Ha, Director

HUNG PHAT LIMITED Registered Number 07101934

Notes to the Abbreviated Accounts for the period ended 31 December 2013

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.

Tangible assets depreciation policy
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to
write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Fixtures, fittings & equipment 20% reducing balance method

2Tangible fixed assets

	£
Cost
At 1 January 2013	15,358
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 December 2013	15,358
Depreciation
At 1 January 2013	7,013
Charge for the year	2,086
On disposals	-
At 31 December 2013	9,099
Net book values
At 31 December 2013	6,259
At 31 December 2012	8,345

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

	2013 £	2012 £
100 Ordinary shares of £1 each	100	100