Jade Buddha Ltd

Jade Buddha Ltd

JADE BUDDHA LTD - Company Information

Print Friendly Version

true 1 April 2015 31 March 2016 31 March 2016 true false 08986688 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 08986688 2015-03-31 08986688 2016-03-31 08986688 2015-04-01 2016-03-31 08986688 uk-gaap:RestatedAmount 2015-03-31 08986688 uk-gaap:RestatedAmount 2016-03-31 08986688 uk-gaap:NetGoodwill 2015-03-31 08986688 uk-gaap:NetGoodwill 2016-03-31 08986688 uk-gaap:NetGoodwill 2015-04-01 2016-03-31 08986688 uk-gaap:OtherIntangibleFixedAssets 2015-04-01 2016-03-31 08986688 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-03-31 08986688 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-03-31 08986688 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-04-01 2016-03-31 08986688 uk-gaap:DevelopmentCosts 2015-03-31 08986688 uk-gaap:DevelopmentCosts 2016-03-31 08986688 uk-gaap:DevelopmentCosts 2015-04-01 2016-03-31 08986688 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-03-31 08986688 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-04-01 2016-03-31 08986688 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-03-31 08986688 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-04-01 2016-03-31 08986688 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-03-31 08986688 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2016-03-31 08986688 uk-gaap:PlantMachinery 2015-04-01 2016-03-31 08986688 uk-gaap:PlantMachinery 2015-03-31 08986688 uk-gaap:PlantMachinery 2016-03-31 08986688 uk-gaap:Vehicles 2015-04-01 2016-03-31 08986688 uk-gaap:Vehicles 2015-03-31 08986688 uk-gaap:Vehicles 2016-03-31 08986688 uk-gaap:FixturesFittings 2015-04-01 2016-03-31 08986688 uk-gaap:FixturesFittings 2015-03-31 08986688 uk-gaap:FixturesFittings 2016-03-31 08986688 uk-gaap:ComputerEquipment 2015-04-01 2016-03-31 08986688 uk-gaap:ComputerEquipment 2015-03-31 08986688 uk-gaap:ComputerEquipment 2016-03-31 08986688 uk-gaap:SharesListedFixedAssetInvestments 2015-03-31 08986688 uk-gaap:SharesListedFixedAssetInvestments 2015-04-01 2016-03-31 08986688 uk-gaap:SharesListedFixedAssetInvestments 2016-03-31 08986688 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-03-31 08986688 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-04-01 2016-03-31 08986688 uk-gaap:SharesUnlistedFixedAssetInvestments 2016-03-31 08986688 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-03-31 08986688 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-04-01 2016-03-31 08986688 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2016-03-31 08986688 uk-gaap:ProvisionsForBadDebts 2015-03-31 08986688 uk-gaap:ProvisionsForBadDebts 2015-04-01 2016-03-31 08986688 uk-gaap:ProvisionsForBadDebts 2016-03-31 08986688 uk-gaap:ProvisionsForDeferredTaxation 2015-03-31 08986688 uk-gaap:ProvisionsForDeferredTaxation 2015-04-01 2016-03-31 08986688 uk-gaap:ProvisionsForDeferredTaxation 2016-03-31 08986688 uk-gaap:OtherProvisions 2015-03-31 08986688 uk-gaap:OtherProvisions 2015-04-01 2016-03-31 08986688 uk-gaap:OtherProvisions 2016-03-31 08986688 uk-gaap:WithinOneYear 2015-03-31 08986688 uk-gaap:WithinOneYear 2015-04-01 2016-03-31 08986688 uk-gaap:WithinOneYear 2016-03-31 08986688 uk-gaap:AfterOneYear 2015-03-31 08986688 uk-gaap:AfterOneYear 2015-04-01 2016-03-31 08986688 uk-gaap:AfterOneYear 2016-03-31 08986688 uk-bus:AllOrdinaryShares 2016-03-31 08986688 uk-bus:AllOrdinaryShares 2015-03-31 08986688 uk-bus:OrdinaryShareClass1 2016-03-31 08986688 uk-bus:OrdinaryShareClass2 2016-03-31 08986688 uk-bus:OrdinaryShareClass3 2016-03-31 08986688 uk-bus:OrdinaryShareClass4 2016-03-31 08986688 uk-bus:OrdinaryShareClass5 2016-03-31 08986688 uk-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 08986688 uk-bus:OrdinaryShareClass2 2015-04-01 2016-03-31 08986688 uk-bus:OrdinaryShareClass3 2015-04-01 2016-03-31 08986688 uk-bus:OrdinaryShareClass4 2015-04-01 2016-03-31 08986688 uk-bus:OrdinaryShareClass5 2015-04-01 2016-03-31 08986688 uk-bus:PreferenceShareClass1 2016-03-31 08986688 uk-bus:PreferenceShareClass2 2016-03-31 08986688 uk-bus:PreferenceShareClass3 2016-03-31 08986688 uk-bus:PreferenceShareClass4 2016-03-31 08986688 uk-bus:PreferenceShareClass5 2016-03-31 08986688 uk-bus:PreferenceShareClass1 2015-04-01 2016-03-31 08986688 uk-bus:PreferenceShareClass2 2015-04-01 2016-03-31 08986688 uk-bus:PreferenceShareClass3 2015-04-01 2016-03-31 08986688 uk-bus:PreferenceShareClass4 2015-04-01 2016-03-31 08986688 uk-bus:PreferenceShareClass5 2015-04-01 2016-03-31 08986688 uk-bus:CompanySecretary 2015-04-01 2016-03-31 08986688 uk-bus:RegisteredOffice 2015-04-01 2016-03-31 08986688 uk-bus:EntityAccountantsOrAuditors 2015-04-01 2016-03-31 08986688 uk-bus:EntityAccountantsOrAuditors 2016-03-31 08986688 uk-bus:MainBusiness 2015-04-01 2016-03-31 08986688 uk-bus:EntityBankers 2015-04-01 2016-03-31 08986688 uk-bus:EntityLawyersOrLegalAdvisers 2015-04-01 2016-03-31 08986688 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-04-01 2016-03-31 08986688 uk-bus:HighestPaidDirector 2015-04-01 2016-03-31 08986688 uk-bus:HighestPaidDirector 2016-03-31 08986688 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-04-01 2016-03-31 08986688 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-04-01 2016-03-31 08986688 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-04-01 2016-03-31 08986688 uk-bus:AllEntityOfficers 2015-04-01 2016-03-31 08986688 uk-gaap:InvestmentProperties 2015-03-31 08986688 uk-gaap:InvestmentProperties 2015-04-01 2016-03-31 08986688 uk-gaap:InvestmentProperties 2016-03-31 08986688 uk-gaap:IntellectualProperty 2015-04-01 2016-03-31 08986688 uk-gaap:IntellectualProperty 2015-03-31 08986688 uk-gaap:IntellectualProperty 2016-03-31 08986688 uk-countries:UnitedKingdom 2015-04-01 2016-03-31 08986688 uk-countries:Europe 2015-04-01 2016-03-31 08986688 uk-countries:NorthAmerica 2015-04-01 2016-03-31 08986688 uk-countries:SouthAmerica 2015-04-01 2016-03-31 08986688 uk-countries:Asia 2015-04-01 2016-03-31 08986688 uk-countries:RestWorldOutsideUK 2015-04-01 2016-03-31 08986688 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-04-01 2016-03-31 08986688 uk-gaap:LeasedTangibleFixedAssets 2015-04-01 2016-03-31 08986688 uk-gaap:AllSubsidiaries 2015-04-01 2016-03-31 08986688 uk-gaap:AllAssociates 2015-04-01 2016-03-31 08986688 dpl-gaap:CostSales 2015-03-31 08986688 dpl-gaap:CostSales 2016-03-31 08986688 dpl-gaap:CostSales 2015-04-01 2016-03-31 08986688 dpl-gaap:DistributionCosts 2015-04-01 2016-03-31 08986688 dpl-gaap:AdministrativeExpenses 2015-04-01 2016-03-31 08986688 uk-bus:Director1 2015-04-01 2016-03-31 08986688 uk-bus:Director1 2016-03-31 08986688 2014-04-07 08986688 2015-03-31 08986688 2014-04-08 2015-03-31 08986688 uk-gaap:RestatedAmount 2014-04-07 08986688 uk-gaap:RestatedAmount 2015-03-31 08986688 uk-gaap:NetGoodwill 2014-04-07 08986688 uk-gaap:NetGoodwill 2015-03-31 08986688 uk-gaap:NetGoodwill 2014-04-08 2015-03-31 08986688 uk-gaap:OtherIntangibleFixedAssets 2014-04-08 2015-03-31 08986688 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-04-07 08986688 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-03-31 08986688 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-04-08 2015-03-31 08986688 uk-gaap:DevelopmentCosts 2014-04-07 08986688 uk-gaap:DevelopmentCosts 2015-03-31 08986688 uk-gaap:DevelopmentCosts 2014-04-08 2015-03-31 08986688 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-04-07 08986688 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-04-08 2015-03-31 08986688 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-03-31 08986688 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-04-08 2015-03-31 08986688 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-04-07 08986688 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-03-31 08986688 uk-gaap:PlantMachinery 2014-04-08 2015-03-31 08986688 uk-gaap:PlantMachinery 2014-04-07 08986688 uk-gaap:PlantMachinery 2015-03-31 08986688 uk-gaap:Vehicles 2014-04-08 2015-03-31 08986688 uk-gaap:Vehicles 2014-04-07 08986688 uk-gaap:Vehicles 2015-03-31 08986688 uk-gaap:FixturesFittings 2014-04-08 2015-03-31 08986688 uk-gaap:FixturesFittings 2014-04-07 08986688 uk-gaap:FixturesFittings 2015-03-31 08986688 uk-gaap:ComputerEquipment 2014-04-08 2015-03-31 08986688 uk-gaap:ComputerEquipment 2014-04-07 08986688 uk-gaap:ComputerEquipment 2015-03-31 08986688 uk-gaap:SharesListedFixedAssetInvestments 2014-04-07 08986688 uk-gaap:SharesListedFixedAssetInvestments 2014-04-08 2015-03-31 08986688 uk-gaap:SharesListedFixedAssetInvestments 2015-03-31 08986688 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-04-07 08986688 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-04-08 2015-03-31 08986688 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-03-31 08986688 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-04-07 08986688 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-04-08 2015-03-31 08986688 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-03-31 08986688 uk-gaap:ProvisionsForBadDebts 2014-04-07 08986688 uk-gaap:ProvisionsForBadDebts 2014-04-08 2015-03-31 08986688 uk-gaap:ProvisionsForBadDebts 2015-03-31 08986688 uk-gaap:ProvisionsForDeferredTaxation 2014-04-07 08986688 uk-gaap:ProvisionsForDeferredTaxation 2014-04-08 2015-03-31 08986688 uk-gaap:ProvisionsForDeferredTaxation 2015-03-31 08986688 uk-gaap:OtherProvisions 2014-04-07 08986688 uk-gaap:OtherProvisions 2014-04-08 2015-03-31 08986688 uk-gaap:OtherProvisions 2015-03-31 08986688 uk-gaap:WithinOneYear 2014-04-07 08986688 uk-gaap:WithinOneYear 2014-04-08 2015-03-31 08986688 uk-gaap:WithinOneYear 2015-03-31 08986688 uk-gaap:AfterOneYear 2014-04-07 08986688 uk-gaap:AfterOneYear 2014-04-08 2015-03-31 08986688 uk-gaap:AfterOneYear 2015-03-31 08986688 uk-bus:AllOrdinaryShares 2015-03-31 08986688 uk-bus:AllOrdinaryShares 2014-04-07 08986688 uk-bus:OrdinaryShareClass1 2015-03-31 08986688 uk-bus:OrdinaryShareClass2 2015-03-31 08986688 uk-bus:OrdinaryShareClass3 2015-03-31 08986688 uk-bus:OrdinaryShareClass4 2015-03-31 08986688 uk-bus:OrdinaryShareClass5 2015-03-31 08986688 uk-bus:OrdinaryShareClass1 2014-04-08 2015-03-31 08986688 uk-bus:OrdinaryShareClass2 2014-04-08 2015-03-31 08986688 uk-bus:OrdinaryShareClass3 2014-04-08 2015-03-31 08986688 uk-bus:OrdinaryShareClass4 2014-04-08 2015-03-31 08986688 uk-bus:OrdinaryShareClass5 2014-04-08 2015-03-31 08986688 uk-bus:PreferenceShareClass1 2015-03-31 08986688 uk-bus:PreferenceShareClass2 2015-03-31 08986688 uk-bus:PreferenceShareClass3 2015-03-31 08986688 uk-bus:PreferenceShareClass4 2015-03-31 08986688 uk-bus:PreferenceShareClass5 2015-03-31 08986688 uk-bus:PreferenceShareClass1 2014-04-08 2015-03-31 08986688 uk-bus:PreferenceShareClass2 2014-04-08 2015-03-31 08986688 uk-bus:PreferenceShareClass3 2014-04-08 2015-03-31 08986688 uk-bus:PreferenceShareClass4 2014-04-08 2015-03-31 08986688 uk-bus:PreferenceShareClass5 2014-04-08 2015-03-31 08986688 uk-bus:CompanySecretary 2014-04-08 2015-03-31 08986688 uk-bus:RegisteredOffice 2014-04-08 2015-03-31 08986688 uk-bus:EntityAccountantsOrAuditors 2014-04-08 2015-03-31 08986688 uk-bus:EntityAccountantsOrAuditors 2015-03-31 08986688 uk-bus:MainBusiness 2014-04-08 2015-03-31 08986688 uk-bus:EntityBankers 2014-04-08 2015-03-31 08986688 uk-bus:EntityLawyersOrLegalAdvisers 2014-04-08 2015-03-31 08986688 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2014-04-08 2015-03-31 08986688 uk-bus:HighestPaidDirector 2014-04-08 2015-03-31 08986688 uk-bus:HighestPaidDirector 2015-03-31 08986688 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-04-08 2015-03-31 08986688 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-04-08 2015-03-31 08986688 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2014-04-08 2015-03-31 08986688 uk-bus:AllEntityOfficers 2014-04-08 2015-03-31 08986688 uk-gaap:InvestmentProperties 2014-04-07 08986688 uk-gaap:InvestmentProperties 2014-04-08 2015-03-31 08986688 uk-gaap:InvestmentProperties 2015-03-31 08986688 uk-gaap:IntellectualProperty 2014-04-08 2015-03-31 08986688 uk-gaap:IntellectualProperty 2014-04-07 08986688 uk-gaap:IntellectualProperty 2015-03-31 08986688 uk-countries:UnitedKingdom 2014-04-08 2015-03-31 08986688 uk-countries:Europe 2014-04-08 2015-03-31 08986688 uk-countries:NorthAmerica 2014-04-08 2015-03-31 08986688 uk-countries:SouthAmerica 2014-04-08 2015-03-31 08986688 uk-countries:Asia 2014-04-08 2015-03-31 08986688 uk-countries:RestWorldOutsideUK 2014-04-08 2015-03-31 08986688 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-04-08 2015-03-31 08986688 uk-gaap:LeasedTangibleFixedAssets 2014-04-08 2015-03-31 08986688 uk-gaap:AllSubsidiaries 2014-04-08 2015-03-31 08986688 uk-gaap:AllAssociates 2014-04-08 2015-03-31 08986688 dpl-gaap:CostSales 2014-04-07 08986688 dpl-gaap:CostSales 2015-03-31 08986688 dpl-gaap:CostSales 2014-04-08 2015-03-31 08986688 dpl-gaap:DistributionCosts 2014-04-08 2015-03-31 08986688 dpl-gaap:AdministrativeExpenses 2014-04-08 2015-03-31 08986688 uk-bus:Director1 2014-04-08 2015-03-31 08986688 uk-bus:Director1 2015-03-31
Registered number: 08986688
Jade Buddha Ltd
Abbreviated accounts
For The Year Ended 31 March 2016
M C Accountants

Chartered Certified Accountants

Office 4
19 Market Square
Sandbach
Cheshire
CW11 1AT
Jade Buddha Ltd
Company No. 08986688
Abbreviated Balance Sheet 31 March 2016
Abbreviated Balance Sheet
2016 2015
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 2 48,000 54,000
Tangible Assets 3 1,453 222
49,453 54,222
CURRENT ASSETS
Stocks 2,500 2,500
Debtors 216 1,849
Cash at bank and in hand 73,408 34,761
76,124 39,110
Creditors: Amounts Falling Due Within One Year (83,613 ) (71,063 )
NET CURRENT ASSETS (LIABILITIES) (7,489 ) (31,953 )
TOTAL ASSETS LESS CURRENT LIABILITIES 41,964 22,269
NET ASSETS 41,964 22,269
CAPITAL AND RESERVES
Called up share capital 4 100 100
Profit and Loss Account 41,864 22,169
SHAREHOLDERS' FUNDS 41,964 22,269
Jade Buddha Ltd
Company No. 08986688
Abbreviated Balance Sheet (continued) 31 March 2016
For the year ending 31 March 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities
  • The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
  • The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).
On behalf of the board
Mr Xi Long Xue
31st March 2016
Page 1
Jade Buddha Ltd
Notes to the Abbreviated Accounts
For The Year Ended 31 March 2016
Notes to the Abbreviated Accounts
1. Accounting Policies
1.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).
1.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
1.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
1.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 15% Reducing balance
Computer Equipment 3 Years straight line
1.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2. Intangible Assets
Total
Cost £
As at 1 April 2015 60,000
As at 31 March 2016 60,000
Amortisation
As at 1 April 2015 6,000
Provided during the period 6,000
As at 31 March 2016 12,000
Net Book Value
As at 31 March 2016 48,000
As at 1 April 2015 54,000
Page 2
Jade Buddha Ltd
Notes to the Abbreviated Accounts (continued)
For The Year Ended 31 March 2016
3. Tangible Assets
Total
Cost £
As at 1 April 2015 333
Additions 1,579
As at 31 March 2016 1,912
Depreciation
As at 1 April 2015 111
Provided during the period 348
As at 31 March 2016 459
Net Book Value
As at 31 March 2016 1,453
As at 1 April 2015 222
4. Share Capital
Value Number 2016 2015
Allotted, called up and fully paid £ £ £
Ordinary shares 1.000 100 100 100
5. Transactions With and Loans to Directors
Included within Debtors are the following loans to directors:
The above loan is unsecured, interest free and repayable on demand.
Dividends paid to directors
6. Ultimate Controlling Party
The company's ultimate controlling party is by virtue of his ownership of 100% of the issued share capital in the company.
Page 3