1 September 2024 false No description of principal activity Taxfiler 2024.6 13567547 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 13567547 2024-08-31 13567547 2024-09-01 2025-08-31 13567547 business:AuditExempt-NoAccountantsReport 2024-09-01 2025-08-31 13567547 business:FilletedAccounts 2024-09-01 2025-08-31 13567547 2025-08-31 13567547 business:Director1 2024-09-01 2025-08-31 13567547 business:CompanySecretary1 2024-09-01 2025-08-31 13567547 business:RegisteredOffice 2024-09-01 2025-08-31 13567547 2024-08-31 13567547 core:WithinOneYear 2025-08-31 13567547 core:WithinOneYear 2024-08-31 13567547 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 13567547 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 13567547 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 13567547 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 13567547 core:PreviouslyStatedAmount 2025-08-31 13567547 core:PreviouslyStatedAmount 2024-08-31 13567547 business:SmallEntities 2024-09-01 2025-08-31 13567547 countries:EnglandWales 2024-09-01 2025-08-31 13567547 core:FurnitureFittings 2024-09-01 2025-08-31 13567547 core:ComputerEquipment 2024-09-01 2025-08-31 13567547 core:FurnitureFittings 2024-08-31 13567547 core:ComputerEquipment 2024-08-31 13567547 core:FurnitureFittings 2025-08-31 13567547 core:ComputerEquipment 2025-08-31 13567547 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 13567547 (England and Wales)
Cheung Lee Ltd Unaudited accounts for the year ended 31 August 2025
Cheung Lee Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Cheung Lee Ltd Company Information for the year ended 31 August 2025
Director
Wing Cheung Choi
Secretary
Yee Ling Choi
Company Number
13567547 (England and Wales)
Registered Office
16 Oxbow Drive Donacaster DN2 4EF England
Accountants
Abacus Accounting Solutions Ltd 5 Pasture Close North Wembley Middlesex HA0 3JE
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Cheung Lee Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
701
748
Investment property
5
481,059
481,059
481,760
481,807
Current assets
Debtors
6
33
-
Cash at bank and in hand
8,000
4,051
8,033
4,051
Creditors: amounts falling due within one year
7
(494,633)
(501,365)
Net current liabilities
(486,600)
(497,314)
Net liabilities
(4,840)
(15,507)
Capital and reserves
Called up share capital
3
3
Profit and loss account
(4,843)
(15,510)
Shareholders' funds
(4,840)
(15,507)
For the year ending 31 August 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 his 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 11 April 2026 and were signed on its behalf by
Wing Cheung Choi Director Company Registration No. 13567547
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Cheung Lee Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Cheung Lee Ltd is a private company, limited by shares, registered in England and Wales, registration number 13567547. The registered office is 16 Oxbow Drive, Donacaster, DN2 4EF, 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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Fixtures & fittings
No depreciation is charged
Computer equipment
25% reducing balance
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Cheung Lee Ltd Notes to the Accounts for the year ended 31 August 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
560
349
909
At 31 August 2025
560
349
909
Depreciation
At 1 September 2024
-
161
161
Charge for the year
-
47
47
At 31 August 2025
-
208
208
Net book value
At 31 August 2025
560
141
701
At 31 August 2024
560
188
748
5
Investment property
2025
£
Fair value at 1 September 2024
481,059
At 31 August 2025
481,059
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
33
-
7
Creditors: amounts falling due within one year
2025
2024
£
£
Other creditors
494,183
500,965
Accruals
450
400
494,633
501,365
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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