Company Registration No. 11645316 (England and Wales)
Panda Capital Investment Ltd
Unaudited accounts
for the year ended 31 December 2022
Panda Capital Investment Ltd
Unaudited accounts
Contents
Panda Capital Investment Ltd
Company Information
for the year ended 31 December 2022
Directors
Shuang Wang
Ning Wang
Company Number
11645316 (England and Wales)
Registered Office
26-28 VICTORIA PARADE
Other
SE10 9FR
UNITED KINGDOM
Accountants
HRD Accounting Consultancy Limited T/A Far Ideal
Vintage House
36-37 Albert Embankment
London
SE1 7TL
Panda Capital Investment Ltd
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
22,939
28,430
Creditors: amounts falling due within one year
(42,135)
(42,357)
Net current assets
115,804
61,073
Total assets less current liabilities
115,804
61,073
Creditors: amounts falling due after more than one year
(200,072)
(150,010)
Net liabilities
(84,268)
(88,937)
Called up share capital
1,000
1,000
Profit and loss account
(85,268)
(89,937)
Shareholders' funds
(84,268)
(88,937)
For the year ending 31 December 2022 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 directors acknowledge 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 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 of Directors and authorised for issue on 30 September 2023 and were signed on its behalf by
Shuang Wang
Director
Company Registration No. 11645316
Panda Capital Investment Ltd
Notes to the Accounts
for the year ended 31 December 2022
Panda Capital Investment Ltd is a private company, limited by shares, registered in England and Wales, registration number 11645316. The registered office is 26-28 VICTORIA PARADE, Other, SE10 9FR, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Trade debtors
20,000
15,000
Other debtors
115,000
60,000
5
Creditors: amounts falling due within one year
2022
2021
Trade creditors
6,900
6,900
Other creditors
35,235
35,457
6
Creditors: amounts falling due after more than one year
2022
2021
Loans from directors
200,010
150,010
The director loan of £50,000 from Mr Ning Wang is an unsecured and subordinated in favour of the third-party creditors basis.
The director loan of £100,000 from Mr Shuang Wang is an unsecured and subordinated in favour of the third-party creditors basis.
7
Average number of employees
During the year the average number of employees was 2 (2021: 2).