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Company Registration No. 14865140 (England and Wales)
Happy Swan Takeaway Limited Unaudited accounts for the year ended 31 May 2025
Happy Swan Takeaway Limited Unaudited accounts Contents
Page
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Happy Swan Takeaway Limited Company Information for the year ended 31 May 2025
Director
Ms Meizhen Shi
Company Number
14865140 (England and Wales)
Registered Office
39 Chipstead Valley Road Coulsdon Surrey CR5 2RB England
Accountants
Kimee & Associates Office T, First Floor Raydean House 15-17 Western Parade Great North Road, Barnet, London EN5 1AH
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Happy Swan Takeaway Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
12,000 
13,500 
Tangible assets
2,239 
2,137 
14,239 
15,637 
Current assets
Inventories
2,468 
3,000 
Debtors
3,625 
3,625 
Cash at bank and in hand
23,027 
832 
29,120 
7,457 
Creditors: amounts falling due within one year
(9,820)
(30,684)
Net current assets/(liabilities)
19,300 
(23,227)
Total assets less current liabilities
33,539 
(7,590)
Creditors: amounts falling due after more than one year
(40,656)
- 
Net liabilities
(7,117)
(7,590)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(7,217)
(7,690)
Shareholders' funds
(7,117)
(7,590)
For the year ending 31 May 2025 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 director acknowledges her 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 and authorised for issue on 2 August 2025 and were signed on its behalf by
Ms Meizhen Shi Director Company Registration No. 14865140
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Happy Swan Takeaway Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Happy Swan Takeaway Limited is a private company, limited by shares, registered in England and Wales, registration number 14865140. The registered office is 39 Chipstead Valley Road, Coulsdon, Surrey, CR5 2RB, 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.
3
Accounting policies
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
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
15%
Fixtures & fittings
15%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2024
15,000 
At 31 May 2025
15,000 
Amortisation
At 1 June 2024
1,500 
Charge for the year
1,500 
At 31 May 2025
3,000 
Net book value
At 31 May 2025
12,000 
At 31 May 2024
13,500 
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
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Happy Swan Takeaway Limited Notes to the Accounts for the year ended 31 May 2025
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2024
1,514 
1,000 
- 
2,514 
Additions
- 
- 
599 
599 
At 31 May 2025
1,514 
1,000 
599 
3,113 
Depreciation
At 1 June 2024
227 
150 
- 
377 
Charge for the year
227 
150 
120 
497 
At 31 May 2025
454 
300 
120 
874 
Net book value
At 31 May 2025
1,060 
700 
479 
2,239 
At 31 May 2024
1,287 
850 
- 
2,137 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
3,625 
3,625 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
8,039 
5,329 
Loans from directors
- 
23,939 
Accruals
1,781 
1,416 
9,820 
30,684 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Loans from directors
40,656 
- 
Amount owing to director Ms Meizhen, Shi at £30,656.00
9
Share capital
2025 
2024 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 5 (2024: 4).
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