for the Period Ended 31 July 2024
| Balance sheet | |
| Additional notes | |
| Community Interest Report |
As at
| Notes | 13 months to 31 July 2024 | ||
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| Called up share capital not paid: |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: |
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| Cash at bank and in hand: |
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| Investments: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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| Capital and reserves | |||
| Called up share capital: |
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| Share premium account: |
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| Other reserves: |
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| Profit and loss account: |
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| Total Shareholders' funds: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 July 2024
Basis of measurement and preparation
for the Period Ended 31 July 2024
| 13 months to 31 July 2024 | ||
|---|---|---|
| Average number of employees during the period |
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During this financial year, we built and launched an online platform at wailo.co.uk to support new immigrants from Hong Kong in starting and promoting their businesses in the UK more easily. The platform offers free registration, free business listing, and free public search functions, all aimed at reducing barriers for new entrepreneurs. As the company has not received any external funding, the project has been developed and operated entirely on a voluntary basis. Despite limited resources, the platform has achieved a peak traffic of over 30,000 requests per day, demonstrating strong community interest and usage. By offering a zero-cost promotional channel, we aim to lower the marketing burden and business risks faced by new immigrants. Ultimately, this initiative is designed to support community integration, stimulate local entrepreneurship, and contribute to the UK economy as a whole.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 May 2025
And signed on behalf of the board by:
Name: Wing Chiu
Status: Director