Company Registration No. 14160958 (England and Wales)
Yifang Watford Limited
Unaudited accounts
for the period from 9 June 2022 to 30 June 2023
Yifang Watford Limited
Unaudited accounts
Contents
Yifang Watford Limited
Company Information
for the period from 9 June 2022 to 30 June 2023
Company Number
14160958 (England and Wales)
Registered Office
19 Queens Road
Watford
Hertfordshire
WD17 2LH
England
Accountants
Elaga Accountancy Ltd
75 Shelton St
Covent Garden
London
WC2H 9JQ
Yifang Watford Limited
Statement of financial position
as at 30 June 2023
Cash at bank and in hand
30,541
Total assets less current liabilities
172,755
Creditors: amounts falling due after more than one year
(195,000)
Profit and loss account
(22,246)
Shareholders' funds
(22,245)
For the period ending 30 June 2023 the company was entitled to exemption from audit 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 director acknowledges her 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 the 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2024 and were signed on its behalf by
Nim Yu Tin
Director
Company Registration No. 14160958
Yifang Watford Limited
Notes to the Accounts
for the period from 9 June 2022 to 30 June 2023
Yifang Watford Limited is a private company, limited by shares, registered in England and Wales, registration number 14160958. The registered office and principal place of business is 19 Queens Road, Watford, Hertfordshire, WD17 2LH, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates of the book value in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total
Charge for the period
6,000
Yifang Watford Limited
Notes to the Accounts
for the period from 9 June 2022 to 30 June 2023
5
Tangible fixed assets
Total
Charge for the period
15,714
6
Average number of employees
During the period the average number of employees was 1.