Company Registration No. 09259959 (England and Wales)
Devizes Beijing Paradise Limited
Unaudited accounts
for the year ended 31 October 2023
Devizes Beijing Paradise Limited
Unaudited accounts
Contents
Devizes Beijing Paradise Limited
Company Information
for the year ended 31 October 2023
Company Number
09259959 (England and Wales)
Registered Office
17 GAINSBORO GARDENS,
GREENFORD,
MIDDLESEX
UB6 0JG
Accountants
Pearsons Accountants
24 Alicia Avenue
Kenton
Middlesex
HA3 8HR
Devizes Beijing Paradise Limited
Statement of financial position
as at 31 October 2023
Tangible assets
9,473
8,282
Cash at bank and in hand
3,757
6,229
Creditors: amounts falling due within one year
(2,600)
(2,365)
Net current assets
2,865
4,897
Total assets less current liabilities
12,623
13,464
Creditors: amounts falling due after more than one year
(18,647)
(13,376)
Net (liabilities)/assets
(6,024)
88
Called up share capital
100
100
Profit and loss account
(6,124)
(12)
Shareholders' funds
(6,024)
88
For the year ending 31 October 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 11 July 2024 and were signed on its behalf by
Siu Kee Mung
Director
Company Registration No. 09259959
Devizes Beijing Paradise Limited
Notes to the Accounts
for the year ended 31 October 2023
Devizes Beijing Paradise Limited is a private company, limited by shares, registered in England and Wales, registration number 09259959. The registered office is 17 GAINSBORO GARDENS,, GREENFORD,, MIDDLESEX, UB6 0JG.
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 remained unchanged from the previous year, and also 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 in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance
Motor vehicles
20% Reducing Balance
Fixtures & fittings
10% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Devizes Beijing Paradise Limited
Notes to the Accounts
for the year ended 31 October 2023
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
7,984
4,000
5,162
753
17,899
Additions
2,211
-
-
-
2,211
At 31 October 2023
10,195
4,000
5,162
753
20,110
At 1 November 2022
3,338
3,391
2,415
473
9,617
Charge for the year
508
149
288
75
1,020
At 31 October 2023
3,846
3,540
2,703
548
10,637
At 31 October 2023
6,349
460
2,459
205
9,473
At 31 October 2022
4,646
609
2,747
280
8,282
Amounts falling due within one year
Accrued income and prepayments
447
(367)
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
2,263
1,469
Taxes and social security
337
896
Devizes Beijing Paradise Limited
Notes to the Accounts
for the year ended 31 October 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
18,647
13,376
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).