Han-shan Tang Books Limited - Abbreviated accounts 16.1

REGISTERED NUMBER: 02779355 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2016

FOR

HAN-SHAN TANG BOOKS LIMITED

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

4

Chartered Accountants' Report

6

DIRECTORS:

J H Cayley

M Chua

J E Constable

SECRETARY:

M Chua

REGISTERED OFFICE:

Unit 3

Ashburton Enterprise Centre

276 Cortis Road

Putney

London

SW15 3AY

REGISTERED NUMBER:

02779355 (England and Wales)

ACCOUNTANTS:

CMB Partnership Limited

Chartered Accountants

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

FIXED ASSETS

Intangible assets

2

47,614

59,614

Tangible assets

3

1,922

2,209

49,536

61,823

CURRENT ASSETS

Stocks

139,343

155,557

Debtors

27,441

36,135

Cash at bank

78,945

47,149

245,729

238,841

CREDITORS

Amounts falling due within one year

32,007

38,743

NET CURRENT ASSETS

213,722

200,098

TOTAL ASSETS LESS CURRENT
LIABILITIES

263,258

261,921

CREDITORS

Amounts falling due after more than one
year

(249,900

)

(249,900

)

PROVISIONS FOR LIABILITIES

(261

)

(291

)

NET ASSETS

13,097

11,730

CAPITAL AND RESERVES

Called up share capital

4

100

Profit and loss account

12,997

11,630

SHAREHOLDERS' FUNDS

13,097

11,730

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2016 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors on 8 November 2016 and were signed on its behalf
by:

J E Constable - 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 January 2015).

Goodwill

Goodwill, being the amount paid in connection with the acquisition of the business in 2000, is being written off

evenly over its estimated useful life of twenty years.

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 cost

Computer equipment

-

25% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at

the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

and 31 March 2016

240,000

AMORTISATION

At 1 April 2015

180,386

Amortisation for year

12,000

At 31 March 2016

192,386

NET BOOK VALUE

At 31 March 2016

47,614

At 31 March 2015

59,614

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2015

29,176

Additions

325

At 31 March 2016

29,501

DEPRECIATION

At 1 April 2015

26,967

Charge for year

612

At 31 March 2016

27,579

NET BOOK VALUE

At 31 March 2016

1,922

At 31 March 2015

2,209

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.16

31.3.15

value:

£

100

Ordinary

£1

100

5.

CONTROL

The company is controlled by the director J E Constable as he owns 55% of the Ordinary Shares.

The following reproduces the text of the report prepared for the directors in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to five)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Han-shan Tang Books Limited for the year ended 31 March 2016 which comprise the Profit and

Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and

explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.

This report is made solely to the Board of Directors of Han-shan Tang Books Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Han-shan Tang Books Limited and state those matters that we have agreed to state to the Board of Directors of Han-shan Tang Books Limited, as a body, in this report in accordance with AAF 2/10 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Han-shan Tang Books Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Han-shan Tang Books Limited. You consider that Han-shan Tang Books Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Han-shan Tang Books Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

CMB Partnership Limited

Chartered Accountants

Chapel House

1 Chapel Street

Guildford

Surrey

GU1 3UH

8 November 2016