Company registration number:
07262749
City of London Accountants Limited
Unaudited filleted financial statements
31 March 2025
City of London Accountants Limited
Contents
Statement of financial position and notes to the financial statements
City of London Accountants Limited
Statement of financial position
31 March 2025
|
|
|
2025 |
|
|
2024 |
|
|
|
|
£ |
£ |
|
£ |
£ |
|
|
|
|
|
|
|
|
|
Fixed assets |
|
|
|
2,710 |
|
|
3,268 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Current assets |
|
|
206,808 |
|
|
145,461 |
|
|
Prepayments and accrued income |
|
|
- |
|
|
1,062 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
206,808 |
|
|
146,523 |
|
|
|
|
|
|
|
|
|
Creditors: amounts falling due within one year |
|
|
|
(
38,074) |
|
|
(
19,722) |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Net current assets |
|
|
|
168,734 |
|
|
126,801 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Total assets less current liabilities |
|
|
|
171,444 |
|
|
130,069 |
|
|
|
|
|
|
|
|
|
|
|
|
_______ |
|
|
_______ |
|
Net assets |
|
|
|
171,444 |
|
|
130,069 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
|
Capital and reserves |
|
|
|
171,444 |
|
|
130,069 |
|
|
|
|
_______ |
|
|
_______ |
|
|
|
|
|
|
|
|
Notes to the financial statements
City of London Accountants Limited
Year ended 31 March 2025
1.
Directors advances, credits and guarantees
|
During the year the directors entered into the following advances and credits with the company: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2025 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
Mr Ronald Shing-Yuan Cheng |
13,066 |
53,755 |
- |
66,821 |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
|
2024 |
|
|
|
|
|
|
|
|
|
Balance brought forward |
Advances /(credits) to the directors |
Amounts repaid |
Balance o/standing |
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
Mr Ronald Shing-Yuan Cheng |
13,066 |
60,000 |
(
60,000) |
13,066 |
|
|
|
|
_______ |
_______ |
_______ |
_______ |
|
|
|
|
|
|
|
|
|
|
Interest at 3% are payable on the outstanding amounts.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
-
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
30 December 2025
, and are signed on behalf of the board by:
Mr Ronald Shing-Yuan Cheng
Director
Company registration number:
07262749
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 46 Leamington Avenue, Morden, Surrey SM4 4W.