Company Registration No. 10478842 (England and Wales)
Super Happy Wing Limited
Unaudited accounts
for the year ended 31 July 2024
Super Happy Wing Limited
Unaudited accounts
Contents
Super Happy Wing Limited
Company Information
for the year ended 31 July 2024
Directors
Wing Yap
Jia Chai
Company Number
10478842 (England and Wales)
Registered Office
19 HAVELOCK ROAD
SOUTHSEA
PO5 1RU
UNITED KINGDOM
Accountants
K3 Accountants Limited
Barnwood
Trampers Lane
North Boarhunt
Hampshire
PO17 6DG
Super Happy Wing Limited
Statement of financial position
as at 31 July 2024
Intangible assets
1,271,950
1,439,804
Tangible assets
648,339
680,740
Inventories
300,000
300,000
Debtors
2,359,060
1,460,471
Cash at bank and in hand
160,255
20,345
Creditors: amounts falling due within one year
(1,009,653)
(965,939)
Net current assets
1,809,662
814,877
Total assets less current liabilities
3,729,951
2,935,421
Creditors: amounts falling due after more than one year
(1,928,272)
(1,362,148)
Net assets
1,801,679
1,573,273
Called up share capital
1
1
Profit and loss account
1,801,678
1,573,272
Shareholders' funds
1,801,679
1,573,273
For the year ending 31 July 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 28 July 2025 and were signed on its behalf by
Wing Yap
Director
Company Registration No. 10478842
Super Happy Wing Limited
Notes to the Accounts
for the year ended 31 July 2024
Super Happy Wing Limited is a private company, limited by shares, registered in England and Wales, registration number 10478842. The registered office is 19 HAVELOCK ROAD, SOUTHSEA, PO5 1RU, UNITED KINGDOM.
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.
Basis of preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
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:
Land & buildings
2% on cost
Motor vehicles
20% on cost
Fixtures & fittings
20% on cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 August 2023
2,070,537
Charge for the year
167,854
Goodwill is capitalised and is being amortised over its useful life of 10 years.
Super Happy Wing Limited
Notes to the Accounts
for the year ended 31 July 2024
5
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2023
672,520
110,210
7,000
789,730
At 31 July 2024
672,520
110,210
7,000
789,730
At 1 August 2023
67,251
34,739
7,000
108,990
Charge for the year
13,450
18,951
-
32,401
At 31 July 2024
80,701
53,690
7,000
141,391
At 31 July 2024
591,819
56,520
-
648,339
At 31 July 2023
605,269
75,471
-
680,740
Finished goods
300,000
300,000
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
Amounts falling due within one year
Trade debtors
719,440
438,222
Amounts falling due after more than one year
Accrued income and prepayments
9,000
9,000
Other debtors
1,498,073
904,565
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
223,588
84,286
Trade creditors
473,278
301,801
Taxes and social security
306,285
392,867
Other creditors
60,602
12,061
Loans from directors
3,511
199,194
Deferred income
(75,311)
(44,270)
Super Happy Wing Limited
Notes to the Accounts
for the year ended 31 July 2024
9
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,928,272
1,362,148
The bank loan is secured by a fixed and floating charge over the company's assets. (floating charge covers all
property or undertaking of the company).
Allotted, called up and fully paid:
1 "A" Ordinary shares of £0.50 each
0.50
0.50
1 "A" Ordinary shares of £0.50 each
0.50
0.50
11
Average number of employees
During the year the average number of employees was 48 (2023: 34).