Company Registration No. 13576881 (England and Wales)
WING LING LTD
Unaudited accounts
for the year ended 31 January 2024
WING LING LTD
Unaudited accounts
Contents
WING LING LTD
Company Information
for the year ended 31 January 2024
Directors
Kevin Lih Shang Ling
Wing Foo Yap
Company Number
13576881 (England and Wales)
Registered Office
ASHLEY PHARMACY
THE PARADE, 10 ASHLEY ROAD
NEW MILTON
BH25 5BS
ENGLAND
Accountants
K3 Accountants Limited
Barnwood
Trampers Lane
North Boarhunt
Hampshire
PO17 6DG
WING LING LTD
Statement of financial position
as at 31 January 2024
Intangible assets
1,521,000
1,690,000
Cash at bank and in hand
7,551
10,031
Creditors: amounts falling due within one year
(133,171)
(139,980)
Net current liabilities
(125,620)
(129,780)
Total assets less current liabilities
1,395,380
1,560,220
Creditors: amounts falling due after more than one year
(762,958)
(1,543,207)
Called up share capital
2
2
Profit and loss account
632,420
17,011
Shareholders' funds
632,422
17,013
For the year ending 31 January 2024 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 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 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 of Directors and authorised for issue on 30 October 2024 and were signed on its behalf by
Kevin Lih Shang Ling
Director
Company Registration No. 13576881
WING LING LTD
Notes to the Accounts
for the year ended 31 January 2024
WING LING LTD is a private company, limited by shares, registered in England and Wales, registration number 13576881. The registered office is ASHLEY PHARMACY, THE PARADE, 10 ASHLEY ROAD, NEW MILTON, BH25 5BS, 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 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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 February 2023
1,690,000
At 31 January 2024
1,690,000
Charge for the year
169,000
At 31 January 2024
169,000
At 31 January 2024
1,521,000
At 31 January 2023
1,690,000
Amounts falling due within one year
WING LING LTD
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
90,489
82,299
Loans from directors
42,682
57,681
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
601,500
648,718
Amounts owed to group undertakings and other participating interests
30,383
-
Other creditors
131,075
890,499
Taxes and social security
-
3,990
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).