SAN WOOD CONSULTING LIMITED


Director	PANG, Dayong


Company Secretary	WANG, Peng


Registered Address	314 Carshalton Road
	Carshalton
	SM5 3QB


Registered Number	08650077 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		7,134		9,246
Investments			1,000		-
			8,134		9,246
Current assets
Debtors		55,000		156
Cash at bank and on hand		9,363		3,041
		64,363		3,197
Creditors amounts falling due within one year		(23,383)		(19,861)
Net current assets (liabilities)			40,980		(16,664)
Total assets less current liabilities			49,114		(7,418)
Creditors amounts falling due after one year			(102,000)		-
Net assets			(52,886)		(7,418)
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			(53,886)		(8,418)
Shareholders' funds			(52,886)		(7,418)

The company was entitled to exemption from audit for this reporting period 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 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Director on 11 September 2025, and are signed on its behalf by:

PANG, Dayong
Director
Registered Company No. 08650077

SAN WOOD CONSULTING LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Going concern
	These financial statements have been prepared in accordance with the provisions of section 1A ''Small Entities'' of FRS 102 '' The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. The company's financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the grounds that the Director will continue to financially support the company until such time has the business achieves financial viability. The company financial statements do not reflect any adjustments that would be required if they were to be prepared on a basis other than the going concern basis.

Going concern

These financial statements have been prepared in accordance with the provisions of section 1A ''Small Entities'' of FRS 102 '' The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company's financial statements have been prepared on the going concern basis which assumes that the company will continue in operational existence for the foreseeable future on the grounds that the Director will continue to financially support the company until such time has the
business achieves financial viability. The company financial statements do not reflect any adjustments that would be required if they were to be prepared on a basis other than the going concern basis.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	33

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	1		0

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	20,379
	Additions	1,249
	At 31 December 24	21,628
	Depreciation and impairment
	At 01 January 24	11,133
	Charge for year	3,361
	At 31 December 24	14,494
	Net book value
	At 31 December 24	7,134
	At 31 December 23	9,246

4.	Related party transactions
	The company was under the control of Mr. Dayong Pang throughout the current and preceding financial years. Mr. Pang is the managing director and majority shareholder. During the year, the company surrendered losses of £16,969 to its subsidiary, Winzone Property Management Ltd under group relief. The losses were surrendered at nil consideration. Apart from the above, the company did not undertake any other related party transactions requiring disclosure under FRS 102 Section 1A.

Related party transactions

The company was under the control of Mr. Dayong Pang throughout the current and preceding financial years. Mr. Pang is the managing director and majority shareholder.

During the year, the company surrendered losses of £16,969 to its subsidiary, Winzone Property Management Ltd under group relief. The losses were surrendered at nil consideration.

Apart from the above, the company did not undertake any other related party transactions requiring disclosure under FRS 102 Section 1A.