Goldhonour Limited T/A La Capannina
|
Y/E 31 December 2014
|
Balance Sheet |
|
|
|
|
|
|
|
2013 |
|
|
2012 |
|
Fixed Assets |
Intangible Assets |
150.00 |
|
|
150.00 |
Tangible Assets |
44,253.00 |
|
|
44,253.00 |
Investments |
- |
|
|
- |
|
|
|
|
|
44,403.00 |
|
|
44,403.00 |
|
|
Current Assets |
Stocks |
- |
|
|
- |
Debtors |
17,838.00 |
|
|
18,564.00 |
Investments held as current assets |
- |
|
|
- |
Cash at bank & In hand |
456.00 |
|
|
|
|
18,294.00 |
|
|
18,564.00 |
|
Creditors amount falling due |
28,674.00 |
|
|
17,645.00 |
within 1 year |
|
|
|
|
|
|
|
|
|
Net Current Assets (Liabilities) |
- 10,380.00 |
|
|
919.00 |
|
|
Total Assets less current assets |
34,023.00 |
|
|
45,322.00 |
|
|
|
|
|
|
|
|
|
|
Creditors: Amounts falling due after |
49,732.00 |
|
|
62,535.00 |
more than 1 year |
|
Net Assets |
- 15,709.00 |
|
|
- 17,213.00 |
|
|
|
|
|
|
|
|
|
|
Capital & Reserves |
|
Call Up capital |
100.00 |
|
|
100.00 |
Share Premium |
- |
|
|
- |
Revulation Reserve |
- |
|
|
- |
Capital Redemption Reserve |
- |
|
|
- |
Profit & Loss Account |
- 15,809.00 |
|
|
- 17,313.00 |
|
Shareholder Funds |
- 15,709.00 |
|
|
- 17,213.00 |
|
|
|
|
|
|
|
|
|
|
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006
|
|
Members have not required the company to obtain an audit in accordance with section 476 of the Act
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|
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts
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The director also acknowledges his responsibilities for preparing accounts which give a true and Fair value of the state of affairs of the company as at the end of the financial year, and it s profit & loss for the financial year. The requirements are in accordance with Section 393 of the companies act of 2006. The accounts have been prepared in accordance with special provisions relating to small companies within the Companies act of 2006
|
|
Wai Hung Cheung |
|
Approved by the Board on 30 June 2015
|
|
Goldhonour Limited T/A La Capannina
|
Y/E 31 December 2014
|
Notes to the accounts |
|
1.Accounting Policies |
|
Basis of Preparation: |
The Accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities
|
|
Turnover: |
Turnover represents the gross charge to customers for work done and goods supplied exclusive of Value Added Tax.
|
|
Depreciation: |
|
Depreciation has been provided at the following rates: |
|
|
Freehold Buildings: |
N/A
|
|
Plant & Machinery: |
20% on a reducing balance method
|
|
Motor Vehicles: |
20% on a reducing balance method
|
|
Computers & Sundry Equiptment: |
n/a
|
|
Furniture, Fittings & Fixtures: |
10% on reducing balance method
|
|
Deferred Taxation |
|
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on an un discounted basis at the tax rates which are expected to apply in the periods when the timing differences will reverse. |
|
|
Operating Profit |
|
|
This is stated after charging: |
£ |
|
£ |
|
|
Depreciation of own fixed assets: |
|
Depreciation of assets held under finance leases & hire purchase contracts |
- |
|
- |
|
Ammortisation of Goodwill |
- |
|
- |
|
Director's remuneration |
- |
|
- |
|
Compensation to past Directors for loss of office |
- |
|
- |
|
Pension Costs |
- |
|
- |
|
Auditor's remuneration |
- |
|
- |
|
|
|
|
|
- |
|
- |
|
|
|
|
|
|
|
|
|
Taxation |
|
|
Corporation Tax |
- |
|
- |
|
Deferred Tax |
- |
|
- |
|
|
|
|
|
- |
|
- |
|
|
|
|
|
|
|
|
|
Intangible fixed Assets |
|
|
|
|
Goodwill |
Other |
Total |
|
|
Costs |
|
|
At 1st January 2014 |
0 |
|
150
|
|
150
|
|
Additions |
0 |
|
0 |
|
0 |
|
Disposables |
0 |
|
0 |
|
0 |
|
At 31 December 2014 |
0 |
|
150
|
|
150
|
|
|
|
|
|
|
|
|
|
|
|
Ammortisation |
|
|
At 1st January 2014 |
0 |
|
0 |
|
0 |
|
Additions |
0 |
|
0 |
|
0 |
|
Disposables |
0 |
|
0 |
|
0 |
|
At 31 December 2014 |
0 |
|
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
|
|
Net Book Value |
|
|
At end of current year |
0 |
|
150
|
|
150
|
|
At end of comparative year |
0 |
|
150
|
|
150
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Land & Buildings |
Plant & Machinery |
Motor Vehicles |
Total |
|
Machine/ |
Furniture |
|
Tangible Fixed Assets |
Bar Equipment |
Fixtures & Fittings |
|
|
Cost |
|
|
At 1st January 2014 |
50,000.00 |
|
22,808.00 |
|
|
- |
|
72,808.00 |
|
10,255.00 |
|
12,553.00 |
|
Additions at cost |
- |
|
- |
|
|
- |
|
- |
|
- |
|
- |
|
Surplus on valuation |
- |
|
- |
|
|
|
|
- |
|
- |
|
- |
|
Disposals |
- |
|
- |
|
|
- |
|
- |
|
- |
|
- |
|
|
|
|
|
|
- |
|
|
|
|
- |
|
At 31 December 2014 |
50,000.00 |
- |
22,808.00 |
- |
- |
- |
- |
72,808.00 |
- |
10,255.00 |
- |
12,553.00 |
|
|
|
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
|
Depreciation |
- |
|
|
|
|
|
|
- |
|
At 1st January 2014 |
20,000.00 |
|
8,555.00 |
|
|
- |
|
28,555.00 |
|
4,126.00 |
|
4,429.00 |
|
Charge for the year |
- |
|
- |
|
|
|
|
- |
|
- |
|
- |
|
Surplus on revaluation |
- |
|
- |
|
|
|
|
- |
|
- |
|
On Disposals |
- |
|
- |
|
|
|
|
- |
|
- |
|
|
|
|
|
|
- |
|
|
|
|
- |
|
At 31 December 2014 |
20,000.00 |
- |
8,555.00 |
- |
- |
- |
- |
28,555.00 |
- |
4,126.00 |
- |
4,429.00 |
|
|
|
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- |
|
Net Book Value |
- |
|
|
|
|
|
|
- |
|
At 31 December 2014 |
30,000.00 |
- |
14,253.00 |
- |
- |
- |
- |
44,253.00 |
- |
6,129.00 |
- |
8,124.00 |
|
|
|
|
|
|
- |
|
|
|
|
- |
|
|
|
|
|
|
- |
|
|
|
|
- |
|
At 31 December 2013 |
30,000.00 |
- |
14,253.00 |
- |
- |
- |
- |
44,253.00 |
- |
6,129.00 |
- |
8,124.00 |
|
|
|
Freehold Land & Buildings: |
2014 |
|
2013 |
|
|
Historical cost |
- |
|
- |
|
Cumulative Depreciation based on Historical cost |
- |
|
- |
|
|
|
Net Book Value of plant, machinery included |
- |
|
- |
|
above held under finance leases and hire purchase contracts |
|
|
|
Debtors |
2014 |
|
2013 |
|
|
Trade Debtors |
338.00 |
|
495.00 |
|
Amounts owed by group undertakings & undertakings |
|
in which the company has a participating interest |
- |
|
- |
|
Deferred tax asset |
- |
|
- |
|
Loan to directors |
- |
|
- |
|
Other Debtors |
17,500.00 |
|
18,069.00 |
|
|
|
|
17,838.00 |
|
18,564.00 |
|
|
|
|
|
|
|
|
Amounts due after 1 year included above |
- |
|
- |
|
|
|
Investments |
|
|
|
|
|
|
|
Investements held as current assets |
|
|
|
|
2014 |
|
2013 |
|
Creditors: Amounts falling due within 1 year |
|
|
|
Non equity pref shares |
- |
|
- |
|
Bank Loans & Overdrafts |
- |
|
- |
|
Obligations under finance lease or hire purchase |
- |
|
- |
|
Trade creditors |
16,832.00 |
|
6,494.00 |
|
Amounts owed to group undertakings & undertakings |
|
in which the company has a part interest |
|
Corporation Tax |
|
Other taxes & social security costs |
4,018.00 |
|
4,233.00 |
|
Amounts due to related parties |
|
Other creditors |
7,824.00 |
|
6,918.00 |
|
|
|
- 28,674.00 |
|
- 17,645.00 |
|
|
|
|
|
|
|
|
|
|
2014 |
|
2013 |
|
Creditors: Amounts falling due after 1 year |
|
|
Non Equity pref shares |
- |
|
- |
|
Bank Loans |
- |
|
1,423.00 |
|
Obligations under finance lease or hire purchase |
- |
|
- |
|
Trade creditors |
- |
|
- |
|
Amounts owed to group undertakings & undertakings |
|
in which the company has a part interest |
- |
|
- |
|
Amounts due to related parties |
- |
|
- |
|
Other creditors |
49,732.00 |
|
61,112.00 |
|
|
|
- 49,732.00 |
- |
- 62,535.00 |
|
|
|
|
|
|
|
|
Loans |
|
|
Amounts falling due for payment after more than 5 years |
- |
|
- |
|
|
Secured Bank Loans |
- |
|
- |
|
|
|
|
|
2014 |
|
2013 |
|
Provision For liabilities |
|
|
Deferred Taxation: |
|
|
Accelerated capital allowances |
- |
|
- |
|
Tax losses carried forward |
- |
|
- |
|
|
|
|
- |
|
- |
|
|
|
|
|
|
|
|
At 1st January 2014 |
- |
|
- |
|
Deferred tax charge in Profit & Loss |
- |
|
- |
|
|
At 31 December 2014 |
- |
|
- |
|
|
|
|
|
|
|
|
|
|
Nominal Value: |
Number |
2014 |
|
2013 |
Share Capital: |
|
|
Ordinary Shares: |
|
|
Allotted called up & fully paid: |
|
|
Ordinary share class 1
|
£1 each |
100
|
|
100
|
|
100
|
|
Ordinary share class 2
|
0 |
|
0 |
|
0 |
|
0 |
|
Ordinary share class 3
|
0 |
|
0 |
|
0 |
|
0 |
|
Ordinary share class 4
|
0 |
|
0 |
|
0 |
|
0 |
|
Ordinary share class 5
|
0 |
|
0 |
|
0 |
|
0 |
|
|
|
|
|
100 |
|
100
|
|
100
|
|
|
Preference Shares
|
0 |
|
0 |
|
0 |
|
0 |
|
|
|
|
|
|
100 |
|
100
|
|
100
|
|
|
|
|
|
|
|
|
|
|
|
|
Issued during the year: |
Number |
2014 |
|
|
Ordinary share class 1
|
0 |
|
0 |
|
0 |
|
Ordinary share class 2
|
0 |
|
0 |
|
0 |
|
Ordinary share class 3
|
0 |
|
0 |
|
0 |
|
Ordinary share class 4
|
0 |
|
0 |
|
0 |
|
Ordinary share class 5
|
0 |
|
0 |
|
0 |
|
|
|
|
|
0 |
|
0 |
|
|
Preference Shares
|
0 |
|
0 |
|
0 |
|
|
|
|
|
|
0 |
|
0 |
|
|
|
|
|
|
|
|
Share Premium: |
|
|
|
2014 |
|
|
At 1st January 2014 |
0 |
|
Shares Issued |
0 |
|
Expenses of Issues |
0 |
|
At 31 December 2014 |
0 |
|
|
|
|
|
Revaluation Reserve: |
|
|
At 1st January 2014 |
0 |
|
|
At 31 December 2014 |
0 |
|
|
|
|
|
Capital Redemption Reserve: |
|
|
At 1st January 2014 |
0 |
|
|
At 31 December 2014 |
0 |
|
|
|
|
|
Profit & Loss: |
|
|
At 1st January 2014 |
- 17,313.00 |
|
Prior year adjustment |
- |
|
At 1st January 2014 |
- 17,313.00 |
|
Profit for the year |
1,504.00 |
|
Dividends |
- |
|
At 31 December 2014 |
- 15,809.00 |
|
|
|
|
|
Dividends: |
|
Dividends for which the company became liable during the year: |
|
|
Dividends Paid |
0 |
|
0 |
|
Dividends Not Paid |
0 |
|
0 |
|
Dividends Proposed After Balance Sheet |
0 |
|
|
|
|
|
Post Balance Sheet Events: |
N/A
|
|
|
Other Financial Commitments: |
|
|
2014 |
|
2013 |
|
Operating Leases which expires within : |
|
1 year |
0 |
|
0 |
|
between 2 & 5 years |
0 |
|
0 |
|
over 5 years |
0 |
|
0 |
|
|
0 |
|
0 |
|
|
|
|
|
Loans to Directors: |
|
|
Description |
B/F |
paid |
repaid |
C/F |
|
|
Wai Hung Cheung
|
|
None
|
0 |
0 |
0 |
0 |
|
Guarantees made by the company on behalf of directors: |
|
|
Discription |
Max Liability |
Amount Paid & Incurred |
|
Wai Hung Cheung
|
|
None
|
0 |
|
0 |
|
Related Party Transactions: |
|
|
|
None
|
|
N/A
|
0 |
|
|
0 |
|
|
0 |
Ultimate Controlling Party; |
|
|
Wai Hung Cheung
|