, Page 2 Staff list Staff list
Assets Code accounting subject Page 8 Assets Code accounting subject Liabilities Code accounting subject Page 9 Page 10 Equity Code accounting subject Income Code accounting subject Page 11 Page 12
Expenses Code accounting subject Page 13 Expenses Page 14 Bank statement Bank statement B1 B2 B3 B4 B5 B6 B7 B8 B9 B10 B11 B12 B13 B14 B15 B16 B17 B18 B19 B20 B21 Page 15 Page 16 Bank statement Bank statement B22 B23 B24 B25 B26 B27 B28 B29 B30 B31 B32 B33 B34 B35 B36 B37 B38 B39 B40 B41 B42 Page 17 Page 18
Petty cash expenses list Petty cash Voucher P1/B5 P2 P3 P4 P5 P6 P7 P8 P9/B42 P1 Description:1 May 09 Cash in from Bank RV0905001 100201 Cash on hand 2,000.00 100202 Cash in bank 2,000.00 P2 Description:5 May 09 PV0905001 500117 Printing & Stationery 80.00 100201 Cash on hand 80.00 P3 Description:8 May 09 100 PV0905002 500117 Printing & Stationery 200.00 100201 Cash on hand 200.00 Page 19 Page 20 Petty cash Voucher P4 Description:13 May 09 PV0905003 500121 Sundry Expenses 340.00 100201 Cash on hand 340.00 P5 Description:14 May 09 Lucy PV0905004 500120 Cleaning fee 150.00 100201 Cash on hand 150.00 P6 Description:22 May 09 RachelPV0905005 500109 Repair & Maintenance 500.00 100201 Cash on hand 500.00 Page 21 Petty cash Voucher P7 Description:28 May 09 500118 Motor vehicle charge 200.00 100201 Cash on hand 200.00 P8 Description:30 May 09 RV0905002 100201 Cash on hand 1500.00 400102 Other income 1500.00 P9 Description:31 May 09 RV0905003 100203 Bank in transit 1500.00 100201 Cash on hand 1500.00 Page 22 Cheque list CHEQUE LIST Page 23 Page 24
20094 20094 Page 25 Page 26 20094 Voucher Date Voucher Number Description TOTAL 344,585.00 2009420094 Voucher Date:30 Apr 2009 Voucher Number:JV0904002 Description : Provision for the salary&mpf of Apr 2009 500101 Salary 278,000.00 200302 Provision for MPF-EE 13,400.00 200401 Accrual-Salary 264,600.00 500104 Provident Fund 13,400.00 200301 Provision for MPF-ER 13,400.00 Page 27 Page 28 B1 Voucher Date:2 May 2009 Voucher Number:PV0905007 Description:Chq#181001 Payroll for Apr 2009 200401 Accrual-Salary 264,600.00 100202 Cash in bank-hsbc C/A 264,600.00 B2 Reimbursement R0905001 Department : Sales Date:2 May 2009 Tax expenses $169.50 lunch with client $6,100.00 TOTAL:$6,269.50 approve by : Eastman check by : Robert name : Simon Remark : pay by cheque 181002 Page 29 Page 30
B2 Voucher Date:2 May 2009 Voucher Number:PV0905008 Description : Chq#181002 Simon apply for reimbursement 500105 Travelling 169.50 500106 Entertainment 6,100.00 100202 Cash in bank-hsbc C/A 6,269.50 B3 Reimbursement R0905002 Department : Sales Date:2 May 2009 Bus expenses $40.50 Dinner with client $3,500.00 air ticket $8,000.00 TOTAL:$11,540.00 approve by : Eastman check by : Robert name : Raymond Remark : pay by cheque 181003 Page 31 Page 32 B3 Voucher Date:2 May 2009 Voucher Number:PV0905009 Description : Chq#181003 Raymond apply for reimbursement 500105 Travelling 8,040.00 500106 Entertainment 3,500.00 100202 Cash in bank-hsbc C/A 11,540.00 B6 20094Prepayment Voucher Voucher Date Number Description TOTAL 900.00 Page 33 Page 34 B6 Voucher Date:1 Apr 2009 Voucher Number:PV0904002 Description : Chq#739680 Pay for the rent, rate& management fee of Apr 2009 500112 Rental fee 80,000.00 500113 Rates 450.00 100601 Prepaid Expenses 450.00 100601 Prepaid Expenses 450.00 500114 Building management fee 2,000.00 100202 Cash in Bank HSBC C/A 83,350.00 B6 Voucher Date:3 May 2009 Voucher Number:PV0905010 Description : Chq#181005 Pay for the rent, rate& management fee of May 2009 500112 Rental fee 80,000.00 500113 Rates 450.00 100601 Prepaid Expenses 450.00 500114 Building management fee 2,000.00 100202 Cash in Bank HSBC C/A 82,000.00 Page 35 Page 36
B7 Voucher Date:3 May 2009 Voucher Number:PV0905011 Description : Chq#181006 Pay for the parking fee 500118 Motor vehicle charge 1,000.00 100202 Cash in Bank HSBC C/A 1,000.00 B9 Accrual breakdown Voucher Voucher Date Number Description TOTAL 344,585.00 Page 37 Page 38 B9 Voucher Date:5 May 2009 Voucher Number:PV0905012 Description : Chq#181007 Pay for Electricity charges of Apr 2009 200404 Accrual-Other Expenses 3,500.00 100202 Cash in Bank HSBC C/A 3,500.00 B10 Accrual breakdown Voucher Voucher Date Number Description TOTAL 344,585.00 Page 39 Page 40 B10 Voucher Date:5 May 2009 Voucher Number:PV0905013 Description : Chq#181008 Pay for water charges of Apr 2009 200404 Accrual-Other Expenses 120.00 100202 Cash in Bank HSBC C/A 120.00 B11 Accrual breakdown Voucher Voucher Date Number Description TOTAL 344,585.00 Page 41 Page 42
B11 Voucher Date:6 May 2009 Voucher Number:PV0905014 Description : Chq#181009 Pay for postage of Apr 2009 200404 Accrual-Other Expenses 1,690.00 100202 Cash in Bank HSBC C/A 1,690.00 B12 Accrual breakdown Voucher Voucher Date Number Description TOTAL 344,585.00 Page 43 Page 44 B12 Voucher Date:6 May 2009 Voucher Number:PV0905015 Description : Chq#181010 Pay for telephone charges of Apr 2009 200404 Accrual-Other Expenses 230.00 100202 Cash in Bank HSBC C/A 230.00 B13 Voucher Date:6 May 2009 Voucher Number:PV0905016 Description : Chq#181011 Pay for a Dell PC 100111 Furniture & Equipment at Cost 8,900.00 100202 Cash in Bank HSBC C/A 8,900.00 Page 45 Page 46 B15 B16 Voucher Date:9 May 2009 Voucher Number:PV0905017 Description : Chq#181012 Pay for Apple Daily for advertisement of June 2009 Voucher Date:9 May 2009 Voucher Number:PV0905018 Description : Chq#181013 Pay to Eastman for trip to Bei Jing 100601 Prepaid Expenses 30,000.00 100202 Cash in Bank HSBC C/A 30,000.00 100404 Other Receivable-Travelling Advance 18,000.00 100202 Cash in Bank HSBC C/A 18,000.00 Page 47 Page 48
B18 MPF 5%$1,000.00 2009420094 Voucher Date:30 Apr 2009 Voucher Number:JV0904002 Description : Provision for the payroll of Apr 2009 500101 Salary 278,000.00 200302 Provision for MPF-EE 13,400.00 200401 Accrual-Salary 264,600.00 500104 Provident Fund 13,400.00 200301 Provision for MPF-ER 13,400.00 Page 49 Page 50 B18 B20 B20 Voucher Date:10 May 2009 Voucher Number:PV0905019 Description : Chq#181014 Pay for the MPF of Apr 2009 200301 Provision for MPF-ER 13,400.00 200302 Provision for MPF-EE 13,400.00 100202 Cash in Bank HSBC C/A 26,800.00 Voucher Date:11 May 2009 Voucher Number:PV0905020 Description : Chq#181017 Pay for tunnel charges of May 2009 500118 Motor vehicle charge 1,500.00 100202 Cash in Bank HSBC C/A 1,500.00 Page 51 Page 52 B21 B21 Reimbursement R0905003 Department : Sales Date:11 May 2009 Tax expenses $280.00 lunch with client $7,700.00 Voucher Date:11 May 2009 Voucher Number:PV0905021 Description : Chq#181015 Thomas apply for reimbursement 500105 Travelling 280.00 500106 Entertainment 7,700.00 100202 Cash in Bank HSBC C/A 7,980.00 TOTAL:$7,980.00 approve by : Eastman check by : Robert name : Thomas Remark : pay by cheque 181015 Page 53 Page 54
B23 Voucher Date:12 May 2009 Voucher Number:PV0905022 Description : Chq#181016 Pay for the Stationery of May 2009 500117 Printing & Stationery 650.00 100202 Cash in Bank HSBC C/A 650.00 B26 Accrual breakdown Voucher Voucher Date Number Description TOTAL 344,585.00 Page 55 Page 56 B26 B27 Voucher Date:15 May 2009 Voucher Number:PV0905023 Description : Chq#181017 Pay for the commission of Apr 2009 Voucher Date:15 May 2009 Voucher Number:PV0905024 Description : Chq#181018 Thomas apply for reimbursement 200403 Accrual-Commission 68,445.00 100202 Cash in Bank HSBC C/A 68,445.00 500106 Entertainment 1,150.00 100202 Cash in Bank HSBC C/A 1,150.00 Page 57 Page 58 B37 B38 Voucher Date:31 May 2009 Voucher Number:PV0905025 Description : Chq#181019 Payment for goods of Mar 2009 Voucher Date:31 May 2009 Voucher Number:PV0905026 Description : Chq#181020 Payment oil charges of May 2009 200101 Trade Creditors 454,170.00 100202 Cash in Bank HSBC C/A 454,170.00 500118 Motor vehicle charge 5,000.00 100202 Cash in Bank HSBC C/A 5,000.00 Page 59 Page 60
B39 Accrual breakdown Voucher Voucher Date Number Description B39 Voucher Date:15 May 2009 Voucher Number:PV0905027 Description : Chq#181017 Pay for the commission of Apr 2009 200404 Accrual-Other Expenses 6,000.00 100202 Cash in Bank HSBC C/A 6,000.00 TOTAL 344,585.00 Page 61 Page 62 B40 Reimbursement R0905004 Department : Sales Date:31 May 2009 air ticket $5,000.00 Dinner with client $5,600.00 B40 Voucher Date:31 May 2009 Voucher Number:PV0905028 Description : Chq#181022 Mabel apply for reimbursement 500105 Travelling 5,000.00 500106 Entertainment 5,600.00 100202 Cash in bank-hsbc C/A 10,600.00 TOTAL:$10,600.00 approve by : Eastman check by : Robert name : Mable Remark : pay by cheque 181022 Page 63 Page 64 B41 Reimbursement R0905005 Department : Sales Date:31 May 2009 tax charge $136.00 Dinner with client $7,700.00 B41 Voucher Date:31 May 2009 Voucher Number:PV0905029 Description : Chq#181023 Vivian apply for reimbursement 500105 Travelling 136.00 500106 Entertainment 7,700.00 100202 Cash in bank-hsbc C/A 7,836.00 TOTAL:$7,836.00 approve by : Eastman check by : Robert name : Vivian Remark : pay by cheque 181023 Page 65 Page 66
Bank Received List Bank Received List Page 67 Page 68 Breakdown of Trade Debtors of Apr 2009 Breakdown of Trade Debtors of Apr 2009 Page 69 Page 70 Breakdown of Trade Debtors of Apr 2009 Bank Received Voucher B4 Voucher Date:3 May 2009 Voucher Number:RV0905004 Description : Received from Beauty Co. Ltd INV#200903001 100202 Cash in bank-hsbc C/A 250,000.00 100301 Trade Debtors 250,000.00 B8 Voucher Date:5 May 2009 Voucher Number:RV0905005 Description : Received from Good nature Co. Ltd INV#200903002 100202 Cash in bank-hsbc C/A 180,300.00 100301 Trade Debtors 180,300.00 Page 71 Page 72
Bank Received Voucher Bank Received Voucher B14 Voucher Date:9 May 2009 Voucher Number:RV0905006 Description : Received from Merry Co. Ltd INV#200903003 100202 Cash in bank-hsbc C/A 20,000.00 100301 Trade Debtors 20,000.00 B17 Voucher Date:10 May 2009 Voucher Number:RV0905007 Description : Received from Happy Co. Ltd INV#200903004 100202 Cash in bank-hsbc C/A 35,000.00 100301 Trade Debtors 35,000.00 B19 Voucher Date:11 May 2009 Voucher Number:RV0905008 Description : Received from Sunny Co. Ltd INV#200903005 100202 Cash in bank-hsbc C/A 38,000.00 100301 Trade Debtors 38,000.00 B22 Voucher Date:12 May 2009 Voucher Number:RV0905009 Description : Received from Fine Co. Ltd INV#200903006 100202 Cash in bank-hsbc C/A 73,000.00 100301 Trade Debtors 73,000.00 Page 73 Page 74 Bank Received Voucher Bank Received Voucher B24 Voucher Date:13 May 2009 Voucher Number:RV0905010 Description : Received from Straight Co. Ltd INV#200903007 100202 Cash in bank-hsbc C/A 92,000.00 100301 Trade Debtors 92,000.00 B25 Voucher Date:13 May 2009 Voucher Number:RV0905011 Description : Received from Graceful Co. Ltd INV#200903008 100202 Cash in bank-hsbc C/A 61,800.00 100301 Trade Debtors 61,800.00 B28 Voucher Date:17 May 2009 Voucher Number:RV0905012 Description : Received from Pleasant Co. Ltd INV#200903009 100202 Cash in bank-hsbc C/A 36,800.00 100301 Trade Debtors 36,800.00 B29 Voucher Date:18 May 2009 Voucher Number:RV0905013 Description : Received from Wind Co. Ltd INV#200903010 100202 Cash in bank-hsbc C/A 63,500.00 100301 Trade Debtors 63,500.00 Page 75 Page 76 Bank Received Voucher Bank Received Voucher B30 Voucher Date:19 May 2009 Voucher Number:RV0905014 Description : Received from Gold Co. Ltd INV#200903011 100202 Cash in bank-hsbc C/A 58,500.00 100301 Trade Debtors 58,500.00 B31 Voucher Date:20 May 2009 Voucher Number:RV0905015 Description : Received from Beauty Co. Ltd INV#200903012 100202 Cash in bank-hsbc C/A 180,000.00 100301 Trade Debtors 180,000.00 B32 Voucher Date:21 May 2009 Voucher Number:RV0905016 Description : Received from Good nature Co. Ltd INV#200903013 100202 Cash in bank-hsbc C/A 150,000.00 100301 Trade Debtors 150,000.00 B33 Voucher Date:22 May 2009 Voucher Number:RV0905017 Description : Received from Merry Co. Ltd INV#200903014 100202 Cash in bank-hsbc C/A 50,000.00 100301 Trade Debtors 50,000.00 Page 77 Page 78
Bank Received Voucher Bank Received Voucher B34 Voucher Date:24 May 2009 Voucher Number:RV0905018 Description : Received from Happy Co. Ltd INV#200903015 100202 Cash in bank-hsbc C/A 67,000.00 100301 Trade Debtors 67,000.00 B36 Voucher Date:31 May 2009 Voucher Number:RV0905020 Description : Received from Fine Co. Ltd INV#200903017 100202 Cash in bank-hsbc C/A 80,000.00 100301 Trade Debtors 80,000.00 B35 Voucher Date:28 May 2009 Voucher Number:RV0905019 Description : Received from Sunny Co. Ltd INV#200903016 100202 Cash in bank-hsbc C/A 78,000.00 100301 Trade Debtors 78,000.00 Page 79 Page 80 Sales List of May 2009 Sales List of May 2009 invoice date client name invoice number invoice amount 2009 May 02 Beauty Co. Ltd INV#200905001 320,000.00 2009 May 02 Good nature Co. Ltd INV#200905002 140,000.00 2009 May 05 Merry Co. Ltd INV#200905003 50,000.00 2009 May 06 Happy Co. Ltd INV#200905004 43,000.00 2009 May 06 Sunny Co. Ltd INV#200905005 39,000.00 2009 May 07 Fine Co. Ltd INV#200905006 70,000.00 2009 May 10 Straight Co. Ltd INV#200905007 82,000.00 2009 May 13 Graceful Co. Ltd INV#200905008 52,700.00 2009 May 15 Pleasant Co. Ltd INV#200905009 37,200.00 invoice date client name invoice number invoice amount 2009 May 15 Wind Co. Ltd INV#200905010 82,600.00 2009 May 18 Gold Co. Ltd INV#200905011 73,300.00 2009 May 20 Beauty Co. Ltd INV#200905012 190,000.00 2009 May 23 Good nature Co. Ltd INV#200905013 160,000.00 2009 May 24 Merry Co. Ltd INV#200905014 45,000.00 2009 May 24 Happy Co. Ltd INV#200905015 63,000.00 2009 May 25 Sunny Co. Ltd INV#200905016 47,000.00 2009 May 26 Fine Co. Ltd INV#200905017 74,000.00 2009 May 27 Straight Co. Ltd INV#200905018 92,000.00 2009 May 28 Graceful Co. Ltd INV#200905019 62,000.00 TOTAL 1,722,800.00 Page 81 Page 82 Sales Voucher of May 2009 Cost List of May 2009 Voucher Date:31 May 2009 Voucher Number:JV0905001 Description : Sales of May 2009 100301 Trade Debtors 1,722,800.00 400201 Sales income 1,722,800.00 cost date supplier name cost number cost 2009 May 01 ABC Co. Ltd Pur090501 96,000.00 2009 May 01 ABC Co. Ltd Pur090502 42,000.00 2009 May 04 ABC Co. Ltd Pur090503 15,000.00 2009 May 05 ABC Co. Ltd Pur090504 12,900.00 2009 May 05 ABC Co. Ltd Pur090505 11,700.00 2009 May 06 ABC Co. Ltd Pur090506 21,000.00 2009 May 09 ABC Co. Ltd Pur090507 24,600.00 2009 May 12 ABC Co. Ltd Pur090508 15,810.00 2009 May 14 ABC Co. Ltd Pur090509 11,160.00 Page 83 Page 84
Purchase List of May 2009 Stock in Voucher of May 2009 cost date supplier name cost number cost 2009 May 14 ABC Co. Ltd Pur090510 24,780.00 2009 May 17 ABC Co. Ltd Pur090511 21,990.00 2009 May 19 ABC Co. Ltd Pur090512 57,000.00 2009 May 22 ABC Co. Ltd Pur090513 48,000.00 2009 May 23 ABC Co. Ltd Pur090514 13,500.00 2009 May 23 ABC Co. Ltd Pur090515 18,900.00 2009 May 24 ABC Co. Ltd Pur090516 14,100.00 2009 May 25 ABC Co. Ltd Pur090517 22,200.00 PUR090520 Voucher Date:31 May 2009 Voucher Number:JV0905002 Description : Stock in of May 2009 100701 Finished Goods 516,840.00 100702 Goods in transit 235,000.00 200101 Trade Creditors 751,840.00 2009 May 26 ABC Co. Ltd Pur090518 27,600.00 2009 May 27 ABC Co. Ltd Pur090519 18,600.00 2009 May 28 ABC Co. Ltd Pur090520 235,000.00 TOTAL 751,840.00 Page 85 Page 86 Cost of May 2009 Fixed Assets Balance as at 30 Apr 2009 20095 Voucher Date:31 May 2009 Description : Cost of May 2009 Voucher Number:JV0905003 400201 Cost of Sales 516,840.00 100701 Finished Goods 516,840.00 Cost Furniture &Equipment Motor Vehicle TOTAL Balance as at 31.03.09 77,960.00 400,000.00 477,960.00 Additional for the year Disposal for the year Balance as at 30.04.09 77,960.00 400,000.00 477,960.00 Depreciation Balance as at 31.03.09 10,719.50 8,333.33 19,052.83 Provision for the year 11,694.00 100,000.00 111,694.00 Written back for the year 0.00 0.00 0.00 Balance as at 30.04.09 22,413.50 108,333.33 130,746.83 Net Book Value Balance as at 30.04.09 55,546.50 291,666.67 347,213.17 Page 87 Page 88 Fixed Assets Balance as at 31 May 2009 Depreciation of May 2009 Cost Furniture &Equipment Motor Vehicle TOTAL Balance as at 30.04.09 77,960.00 400,000.00 477,960.00 Additional for the year 8,900.00 8,900.00 Disposal for the year Balance as at 31.05.09 86,860.00 400,000.00 486,860.00 Depreciation Balance as at 30.04.09 22,413.50 108,333.33 130,746.83 Provision for the year 1,085.75 8,333.33 9,419.08 Written back for the year 0.00 0.00 0.00 Balance as at 31.05.09 23,499.25 116,666.67 140,165.92 Net Book Value Balance as at 31.05.09 63,360.75 283,333.33 346,694.08 5 Voucher Date:31 May 2009 Voucher Number:JV0905004 Description :Depreciation for May 2009 9,419.08 1,085.75 8,333.33 Page 89 Page 90
20095 20095 Page 91 Page 92 Payroll Voucher 2009520095 Voucher Date:31 May 2009 Voucher Number:JV0905005 Description : Provision for the salary & MPF of May 2009 Payroll Voucher 2009520095 Voucher Date:31 May 2009 Voucher Number:JV0905006 Description : Provision for the bonus of May 2009 500101 Salary 278,000.00 200302 Provision for MPF-EE 13,400.00 200401 Accrual-Salary 264,600.00 500104 Provident Fund 13,400.00 200301 Provision for MPF-ER 13,400.00 500102 Bonus 23,166.67 200402 Accrual-Bonus 23,166.67 Page 93 Page 94 20095 20095 Page 95 Page 96
Commission Voucher 2009520095 Voucher Date:31 May 2009 Voucher Number:JV0905007 Description : Provision for the Commission of May 2009 Provision 2009520095$118.00 Voucher Date:31 May 2009 Voucher Number:JV0905008 Description : Provision for the water charges of May 2009 500103 Commission 103,366.00 200403 Accrual-Commission 103,366.00 500111 Water charges 118.00 200404 Accrual-Expenses 118.00 Page 97 Page 98 Provision 2009520095$3,600.00 Voucher Date:31 May 2009 Voucher Number:JV0905009 Description : Provision for the electricity charges of May 2009 Provision 2009520095$2,100.00 Voucher Date:31 May 2009 Voucher Number:JV0905010 Description : Provision for the postage of May 2009 500110 Electricity charges 3,600.00 200404 Accrual-Expenses 3,600.00 500115 Postage 2,100.00 200404 Accrual-Expenses 2,100.00 Page 99 Page 100 Provision 2009520095$250.00 Voucher Date:31 May 2009 Voucher Number:JV0905011 Description : Provision for the telephone charges of May 2009 Provision 2009520095$500.00 Voucher Date:31 May 2009 Voucher Number:JV0905012 Description : Provision for the audit fee of May 2009 500108 Telephone charges 250.00 200404 Accrual-Expenses 250.00 500107 Audit fee 500.00 200404 Accrual-Expenses 500.00 Page 101 Page 102
Page 103 Page 104 Page 105 TB Page 106 TB TB TB Page 107 Page 108
TB Bank reconciliation for the HSBC C/A For the period ended 31 May2009 Balance as per ledger 795,519.50 Add: Unpresented cheque Cheque number:181022 10,600.00 Cheque number:181023 7,836.00 18,436.00 500119 Bank charges Less: Prepaid by bank but not in G/L 0.00 500120 Cleaning fee 500121 Sundry Expenses 500122 Advertisement 500123 Depreciation Less: Bank in G/L but not deposit in banker 0.00 Add : Deposit by banker but not in G/L 0.00 Balance as per bank statement 813,955.50 Page 109 Page 110 Balance Sheet For the period ended 30 Apr 2009 2008/2009 HK$ Fixed Assets (at cost) 477,960.00 Less : Accumulated Depreciation 130,746.83 347,213.17 Current Assets Stock 0.00 Goods in Transit 0.00 Trade Debtors 2,654,650.00 Deposit 169,000.00 Prepayments 900.00 Cash & Bank Balance 301,600.00 3,126,150.00 Current Liabilities Trade Creditors 796,395.00 Accruals 344,585.00 Provision for MPF 26,800.00 1,167,780.00 Net Current Assets/(Liabilities) 1,958,370.00 2,305,583.17 Shareholders' Equity Share Capital 100,000.00 Dividend Paid Retained Earnings : Balance as at 31.03.09 2,117,166.34 Add : Net Profit/(Loss) 88,416.83 2,205,583.17 Page 111 2,305,583.17 20094 Profit & Loss Account For the period ended 30 Apr 2009 Page 112 Balance Sheet For the period ended 30 May 2009 2009/2010 HK$ Fixed Assets (at cost) 486,860.00 Less : Accumulated Depreciation 140,165.91 346,694.09 Current Assets Stock 0.00 Goods in Transit 235,000.00 Trade Debtors 2,863,550.00 Deposit 187,000.00 Prepayments 30450.00 Cash & Bank Balance 797,549.50 4,113,549.50 Current Liabilities Trade Creditors 1,094,065.00 Accruals 397,700.67 Provision for MPF 26,800.00 1,518,565.67 Net Current Assets/(Liabilities) 2,594,983.83 2,941,667.92 Shareholders' Equity Share Capital 100,000.00 Dividend Paid Retained Earnings : Balance as at 31.03.09 2,205,583.17 Add : Net Profit/(Loss) 636,094.75 2,841,677.92 Page 113 2,941,677.92 20095 Profit & Loss Account For the period ended 31 May 2009 Page 114
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