Charlotte Panda Ltd - Abbreviated accounts 16.1

REGISTERED NUMBER: 08086321 (England and Wales)

Abbreviated Unaudited Accounts for the Year Ended 31 May 2016

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 Chartered Certified Accountants

2nd Floor

19 Gerrard Street

London

W1D 6JG

FIXED ASSETS

Tangible assets

2

1,377

95

CURRENT ASSETS

Debtors

40,329

27,431

Cash at bank

34,249

40,851

74,578

68,282

CREDITORS

Amounts falling due within one year

57,013

55,014

NET CURRENT ASSETS

17,565

13,268

TOTAL ASSETS LESS CURRENT
LIABILITIES

18,942

13,363

CAPITAL AND RESERVES

Called up share capital

3

1,000

Profit and loss account

17,942

12,363

SHAREHOLDERS' FUNDS

18,942

13,363

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2016 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 27 January 2017 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 January

2015).

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 services, 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

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 2015

165

Additions

1,538

At 31 May 2016

1,703

DEPRECIATION

At 1 June 2015

70

Charge for year

256

At 31 May 2016

326

NET BOOK VALUE

At 31 May 2016

1,377

At 31 May 2015

95

3.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.16

31.5.15

value:

£

1,000

Ordinary-Owned by Ms Qing Qin

1

1,000