WONG & LOK COMPANY LTD

Company Registration Number:
13833799 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

WONG & LOK COMPANY LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

WONG & LOK COMPANY LTD

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal activities of the company

The company's principal activity continues to be that of letting and operating own and leased real estate.



Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Wong Hon Kei Anthony
Lok Hiu Yin Rita


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 October 2024

And signed on behalf of the board by:
Name: Wong Hon Kei Anthony
Status: Director

WONG & LOK COMPANY LTD

Profit And Loss Account

for the Period Ended 31 January 2024

2024 13 months to 31 January 2023


£

£
Turnover: 15,843 5,149
Cost of sales: ( 4,242 ) ( 475 )
Gross profit(or loss): 11,601 4,674
Distribution costs: 0 0
Administrative expenses: ( 7,800 ) ( 1,476 )
Other operating income: 0 0
Operating profit(or loss): 3,801 3,198
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 3,801 3,198
Tax: ( 722 ) ( 642 )
Profit(or loss) for the financial year: 3,079 2,556

WONG & LOK COMPANY LTD

Balance sheet

As at 31 January 2024

Notes 2024 13 months to 31 January 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 413,529 145,998
Investments:   0 0
Total fixed assets: 413,529 145,998
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 413,529 145,998
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 407,794 ) ( 143,342 )
Total net assets (liabilities): 5,735 2,656
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 5,635 2,556
Total Shareholders' funds: 5,735 2,656

The notes form part of these financial statements

WONG & LOK COMPANY LTD

Balance sheet statements

For the year ending 31 January 2024 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.

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 29 October 2024
and signed on behalf of the board by:

Name: Wong Hon Kei Anthony
Status: Director

The notes form part of these financial statements

WONG & LOK COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives

    Other accounting policies

    Foreign Currencies Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

WONG & LOK COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 13 months to 31 January 2023
    Average number of employees during the period 2 2

WONG & LOK COMPANY LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 145,998 0 0 0 0 145,998
Additions 267,531 0 0 0 0 267,531
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 January 2024 413,529 0 0 0 0 413,529
Depreciation
At 1 February 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 January 2024 0 0 0 0 0 0
Net book value
At 31 January 2024 413,529 0 0 0 0 413,529
At 31 January 2023 145,998 0 0 0 0 145,998