Abbreviated Company Accounts - CHANGHUI(UK) LTD

Abbreviated Company Accounts - CHANGHUI(UK) LTD


Registered Number 07573214

CHANGHUI(UK) LTD

Abbreviated Accounts

31 March 2014

CHANGHUI(UK) LTD Registered Number 07573214

Abbreviated Balance Sheet as at 31 March 2014

Notes 2014 2013
£ £
Fixed assets
Tangible assets 2 1,995 2,996
1,995 2,996
Current assets
Stocks 8,300 10,860
Cash at bank and in hand 1,579 4,237
9,879 15,097
Prepayments and accrued income 100 -
Creditors: amounts falling due within one year (9,685) (4,150)
Net current assets (liabilities) 294 10,947
Total assets less current liabilities 2,289 13,943
Total net assets (liabilities) 2,289 13,943
Capital and reserves
Called up share capital 3 12,500 12,500
Profit and loss account (10,211) 1,443
Shareholders' funds 2,289 13,943
  • For the year ending 31 March 2014 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 24 December 2014

And signed on their behalf by:
Jun Chen, Director

CHANGHUI(UK) LTD Registered Number 07573214

Notes to the Abbreviated Accounts for the period ended 31 March 2014

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.

Turnover policy
Turnover represents the invoiced amount of products sold

Tangible assets depreciation policy
Depreciation of tangible fixed assets is provided on the straight line basis over the useful lives of the assets as follows

Office Equipment 25% on cost

Other accounting policies
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2Tangible fixed assets
£
Cost
At 1 April 2013 5,996
Additions 665
Disposals -
Revaluations -
Transfers -
At 31 March 2014 6,661
Depreciation
At 1 April 2013 3,000
Charge for the year 1,666
On disposals -
At 31 March 2014 4,666
Net book values
At 31 March 2014 1,995
At 31 March 2013 2,996
3Called Up Share Capital
Allotted, called up and fully paid:
2014
£
2013
£
12,500 Ordinary shares of £1 each 12,500 12,500