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REGISTERED NUMBER: 13058404 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

WONG WH ENTERPRISES LTD

WONG WH ENTERPRISES LTD (REGISTERED NUMBER: 13058404)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


WONG WH ENTERPRISES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Ms W H Wong
H S Wong





SECRETARY:





REGISTERED OFFICE: 49 Riven Court
Inverness Terrace
London
W2 6JA





REGISTERED NUMBER: 13058404 (England and Wales)





ACCOUNTANTS: Insight Accountancy Services Ltd
7A Alkmaar Way
Norwich Int Business Park
Norwich
Norfolk
NR6 6BF

WONG WH ENTERPRISES LTD (REGISTERED NUMBER: 13058404)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,087 -
Investment property 5 14,188,350 14,188,350
14,189,437 14,188,350

CURRENT ASSETS
Debtors 6 36,819 14,443
Cash at bank 116,609 21,951
153,428 36,394
CREDITORS
Amounts falling due within one year 7 4,901,827 4,922,400
NET CURRENT LIABILITIES (4,748,399 ) (4,886,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,441,038

9,302,344

CREDITORS
Amounts falling due after more than one
year

8

3,741,803

3,741,803
NET ASSETS 5,699,235 5,560,541

CAPITAL AND RESERVES
Called up share capital 99 98
Share premium 5,588,492 5,588,492
Retained earnings 110,644 (28,049 )
5,699,235 5,560,541

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

WONG WH ENTERPRISES LTD (REGISTERED NUMBER: 13058404)

BALANCE SHEET - continued
31 DECEMBER 2023


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 24 September 2024 and were signed on its behalf by:





Ms W H Wong - Director


WONG WH ENTERPRISES LTD (REGISTERED NUMBER: 13058404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Wong WH Enterprises Ltd 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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

WONG WH ENTERPRISES LTD (REGISTERED NUMBER: 13058404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,279
At 31 December 2023 1,279
DEPRECIATION
Charge for year 192
At 31 December 2023 192
NET BOOK VALUE
At 31 December 2023 1,087

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2023
and 31 December 2023 14,188,350
NET BOOK VALUE
At 31 December 2023 14,188,350
At 31 December 2022 14,188,350

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 4,850
Other debtors 36,819 9,593
36,819 14,443

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 39,993 17,708
Taxation and social security 32,103 -
Other creditors 4,829,731 4,904,692
4,901,827 4,922,400

WONG WH ENTERPRISES LTD (REGISTERED NUMBER: 13058404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 3,741,803 3,741,803

Amounts falling due in more than five years:

Repayable by instalments
Mortgages 3,741,803 3,741,803