Company Registration No. 06606748 (England and Wales)
FENG SHUI LTD
Unaudited accounts
for the year ended 31 August 2024
FENG SHUI LTD
Unaudited accounts
Contents
FENG SHUI LTD
Company Information
for the year ended 31 August 2024
Directors
Mrs. Josephine Louise Hanna
Mr. Michael Charles Hanna
Company Number
06606748 (England and Wales)
Registered Office
C/O QUANTUM UK BUSINESS SOLUTIONS LTD, B
REGUS, GROUND FLOOR, SUITE F,
BREAKSPEAR WAY, HEMEL HEMPSTEAD
HERTFORDSHIRE
HP2 4TZ
ENGLAND
Accountants
QUANTUM UK BUSINESS SOLUTIONS LIMITED
C/o Quantum Uk Business Solutions Ltd
Regus, Breakspear Park,
Breakspear Way,
Hemel Hempstead
Hertfordshire
HP2 4TZ
FENG SHUI LTD
Statement of financial position
as at 31 August 2024
Tangible assets
51,976
60,532
Inventories
140,006
123,458
Cash at bank and in hand
175,176
206,204
Creditors: amounts falling due within one year
(63,194)
(55,965)
Net current assets
255,218
281,380
Total assets less current liabilities
307,195
341,913
Creditors: amounts falling due after more than one year
(2,595)
-
Provisions for liabilities
Net assets
303,930
341,318
Called up share capital
100
100
Profit and loss account
303,830
341,218
Shareholders' funds
303,930
341,318
For the year ending 31 August 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 21 May 2025 and were signed on its behalf by
Mr. Michael Charles Hanna
Director
Company Registration No. 06606748
FENG SHUI LTD
Notes to the Accounts
for the year ended 31 August 2024
FENG SHUI LTD is a private company, limited by shares, registered in England and Wales, registration number 06606748. The registered office is C/O QUANTUM UK BUSINESS SOLUTIONS LTD, B, REGUS, GROUND FLOOR, SUITE F,, BREAKSPEAR WAY, HEMEL HEMPSTEAD, HERTFORDSHIRE, HP2 4TZ, 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.
These financial statements for the year ended 31 August 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 1 September 2023
100,000
At 1 September 2023
99,999
FENG SHUI LTD
Notes to the Accounts
for the year ended 31 August 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 September 2023
12,366
23,788
86,427
122,581
Additions
4,071
3,531
-
7,602
At 31 August 2024
16,437
27,319
86,427
130,183
At 1 September 2023
8,428
23,787
29,834
62,049
Charge for the year
845
1,165
14,148
16,158
At 31 August 2024
9,273
24,952
43,982
78,207
At 31 August 2024
7,164
2,367
42,445
51,976
At 31 August 2023
3,938
1
56,593
60,532
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
10,407
17,175
Loans from directors
48,235
37,302
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).