IRIS Accounts Production v23.3.0.418 07944026 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079440262022-02-28079440262023-02-28079440262022-03-012023-02-28079440262021-02-28079440262021-03-012022-02-28079440262022-02-2807944026ns10:Originalns15:EnglandWales2022-03-012023-02-2807944026ns14:PoundSterlingns10:Original2022-03-012023-02-2807944026ns10:Originalns10:Director12022-03-012023-02-2807944026ns10:Original2022-03-012023-02-2807944026ns10:Original2023-02-2807944026ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807944026ns10:Originalns10:SmallEntities2022-03-012023-02-2807944026ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807944026ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807944026ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807944026ns10:Originalns10:FullAccounts2022-03-012023-02-2807944026ns10:Originalns10:Director22022-03-012023-02-2807944026ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807944026ns10:Original2022-02-2807944026ns10:Originalns5:CurrentFinancialInstruments2023-02-2807944026ns10:Originalns5:CurrentFinancialInstruments2022-02-2807944026ns5:ShareCapitalns10:Original2023-02-2807944026ns5:ShareCapitalns10:Original2022-02-2807944026ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807944026ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807944026ns10:Originalns5:PlantMachinery2022-03-012023-02-2807944026ns10:Original2021-03-012022-02-2807944026ns10:Originalns5:PlantMachinery2022-02-2807944026ns10:Originalns5:PlantMachinery2023-02-2807944026ns10:Originalns5:PlantMachinery2022-02-2807944026ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807944026ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 07944026 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

SHUMII LIMITED

SHUMII LIMITED (REGISTERED NUMBER: 07944026)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


SHUMII LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2023







DIRECTORS: M K Shum
Mrs D Shum





REGISTERED OFFICE: Bank Gallery
13 High Street
Kenilworth
CV8 1LY





REGISTERED NUMBER: 07944026 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

SHUMII LIMITED (REGISTERED NUMBER: 07944026)

BALANCE SHEET
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,082 7,592

CURRENT ASSETS
Debtors 5 16,200 740
Cash at bank 22,311 44,371
38,511 45,111
CREDITORS
Amounts falling due within one year 6 43,588 45,824
NET CURRENT LIABILITIES (5,077 ) (713 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

5

6,879

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 3 6,877
SHAREHOLDERS' FUNDS 5 6,879

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2023 and were signed on its behalf by:





M K Shum - Director


SHUMII LIMITED (REGISTERED NUMBER: 07944026)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Shumii Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

SHUMII LIMITED (REGISTERED NUMBER: 07944026)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 20,826
Additions 2,022
Disposals (4,873 )
At 28 February 2023 17,975
DEPRECIATION
At 1 March 2022 13,234
Charge for year 2,978
Eliminated on disposal (3,319 )
At 28 February 2023 12,893
NET BOOK VALUE
At 28 February 2023 5,082
At 28 February 2022 7,592

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 16,200 740

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 42,275 44,655
Other creditors 1,313 1,169
43,588 45,824

7. RELATED PARTY DISCLOSURES

At 28 February 2023 other creditors includes loans made to the company by Mr K & Mrs D Shum (directors) amounting £103 (2022:£70). The loans are interest free with no fixed date for repayment.

8. ULTIMATE CONTROLLING PARTY

The controlling party is M K Shum.