SHING FUNG YUEN LIMITED

Company Registration Number:
09838814 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

SHING FUNG YUEN LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

SHING FUNG YUEN LIMITED

Company Information

for the Period Ended 31 October 2023




Director: June Arnold
Registered office: 8
Laurel Way
London
GBR
N20 8HP
Company Registration Number: 09838814 (England and Wales)

SHING FUNG YUEN LIMITED

Profit and Loss Account

for the Period Ended 31 October 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 18,000 17,280
Distribution Costs ( 7,519 ) ( 3,871 )
Operating Profit or (Loss) 10,481 13,409
Profit or (Loss) Before Tax 10,481 13,409
Tax on Profit ( 2,013 ) ( 2,570 )
Profit or (Loss) for Period 8,468 10,839

The notes form part of these financial statements

SHING FUNG YUEN LIMITED

Balance sheet

As at 31 October 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 396,130 396,246
Total fixed assets: 396,130 396,246
Current assets
Cash at bank and in hand: 24,925 31,789
Total current assets: 24,925 31,789
Prepayments and accrued income: 425 1,035
Creditors: amounts falling due within one year: ( 3,673 ) ( 4,730 )
Net current assets (liabilities): 21,677 28,094
Total assets less current liabilities: 417,807 424,340
Creditors: amounts falling due after more than one year: ( 413,268 ) ( 413,268 )
Total net assets (liabilities): 4,539 11,072

The notes form part of these financial statements

SHING FUNG YUEN LIMITED

Balance sheet continued

As at 31 October 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 5 5
Revaluation reserve: 5 0 50
Profit and loss account: 4,534 11,017
Shareholders funds: 4,539 11,072

For the year ending 31 October 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 30 November 2023
And Signed On Behalf Of The Board By:

Name: June Arnold
Status: Director

The notes form part of these financial statements

SHING FUNG YUEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

SHING FUNG YUEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

SHING FUNG YUEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 3. Off balance sheet disclosure

    No

SHING FUNG YUEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Tangible Assets

Total
Cost £
At 01 November 2022 396,246
Additions -
Disposals -
Revaluations -
Transfers -
At 31 October 2023 396,246
Depreciation
At 01 November 2022 -
Charge for year 116
On disposals -
Other adjustments -
At 31 October 2023 116
Net book value
At 31 October 2023 396,130
At 31 October 2022 396,246

SHING FUNG YUEN LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Revaluation reserve


2023
£
Balance at 01 November 2022 50
Surplus or deficit after revaluation ( 50 )
Balance at 31 October 2023 0