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
Happy Swan Takeaway Limited
Company Information
for the year ended 31 May 2025
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
Happy Swan Takeaway Limited
Statement of financial position
as at 31 May 2025
Intangible assets
12,000
13,500
Tangible assets
2,239
2,137
Cash at bank and in hand
23,027
832
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)
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
Happy Swan Takeaway Limited
Notes to the Accounts
for the year ended 31 May 2025
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.
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.
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
Goodwill
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.
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
At 31 May 2025
1,514
1,000
599
3,113
At 1 June 2024
227
150
-
377
Charge for the year
227
150
120
497
At 31 May 2025
454
300
120
874
At 31 May 2025
1,060
700
479
2,239
At 31 May 2024
1,287
850
-
2,137
Amounts falling due within one year
Accrued income and prepayments
3,625
3,625
7
Creditors: amounts falling due within one year
2025
2024
Loans from directors
-
23,939
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
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).