Han-shan Tang Books Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 02779355 (England and Wales)

ABBREVIATED UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2014

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

71,614

83,614

Tangible assets

3

2,128

2,732

73,742

86,346

CURRENT ASSETS

Stocks

130,007

126,205

Debtors

23,861

24,733

Cash at bank

69,129

75,600

222,997

226,538

CREDITORS

Amounts falling due within one year

21,114

54,214

NET CURRENT ASSETS

201,883

172,324

TOTAL ASSETS LESS CURRENT LIABILITIES

275,625

258,670

CREDITORS

Amounts falling due after more than one year

(249,900

)

(249,900

)

PROVISIONS FOR LIABILITIES

(241

)

(322

)

NET ASSETS

25,484

8,448

CAPITAL AND RESERVES

Called up share capital

4

100

100

Profit and loss account

25,384

8,348

SHAREHOLDERS' FUNDS

25,484

8,448

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2014.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2014 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 4 November 2014 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 April 2008).

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 2013

and 31 March 2014

240,000

AMORTISATION

At 1 April 2013

156,386

Amortisation for year

12,000

At 31 March 2014

168,386

NET BOOK VALUE

At 31 March 2014

71,614

At 31 March 2013

83,614

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

28,238

Additions

105

At 31 March 2014

28,343

DEPRECIATION

At 1 April 2013

25,506

Charge for year

709

At 31 March 2014

26,215

NET BOOK VALUE

At 31 March 2014

2,128

At 31 March 2013

2,732

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.14

31.3.13

value:

£

£

100

Ordinary

£1

100

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 2014 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

4 November 2014