1 May 2022 false No description of principal activity Taxfiler 2023.10 06198813business:PrivateLimitedCompanyLtd2022-05-012023-04-30 061988132022-04-30 061988132022-05-012023-04-30 06198813business:AuditExempt-NoAccountantsReport2022-05-012023-04-30 06198813business:FilletedAccounts2022-05-012023-04-30 061988132023-04-30 06198813business:Director12022-05-012023-04-30 06198813business:RegisteredOffice2022-05-012023-04-30 06198813core:WithinOneYear2023-04-30 06198813core:AfterOneYear2023-04-30 06198813core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 06198813core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 06198813core:PreviouslyStatedAmount2023-04-30 06198813business:SmallEntities2022-05-012023-04-30 06198813countries:EnglandWales2022-05-012023-04-30 06198813core:PlantMachinery2022-05-012023-04-30 06198813core:MotorVehicles2022-05-012023-04-30 06198813core:FurnitureFittings2022-05-012023-04-30 06198813core:ComputerEquipment2022-05-012023-04-30 06198813core:IntangibleAssetsOtherThanGoodwill2022-04-30 06198813core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-30 06198813core:IntangibleAssetsOtherThanGoodwill2023-04-30 06198813core:PlantMachinery2022-04-30 06198813core:MotorVehicles2022-04-30 06198813core:FurnitureFittings2022-04-30 06198813core:ComputerEquipment2022-04-30 06198813core:PlantMachinery2023-04-30 06198813core:MotorVehicles2023-04-30 06198813core:FurnitureFittings2023-04-30 06198813core:ComputerEquipment2023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 06198813 (England and Wales)
PAN ASIA GB LTD Unaudited accounts for the year ended 30 April 2023
PAN ASIA GB LTD Unaudited accounts Contents
Page
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PAN ASIA GB LTD Company Information for the year ended 30 April 2023
Director
Xuejun Ji
Company Number
06198813 (England and Wales)
Registered Office
UNIT D 2 ENDEAVOUR WAY DURNSFORD ROAD INDUSTRIAL ESTATE LONDON SW19 8UH UNITED KINGDOM
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PAN ASIA GB LTD Statement of financial position as at 30 April 2023
2023 
Notes
£ 
Fixed assets
Intangible assets
2,887 
Tangible assets
367,053 
369,940 
Current assets
Inventories
1,007,967 
Debtors
913,476 
Cash at bank and in hand
17,717 
1,939,160 
Creditors: amounts falling due within one year
(551,095)
Net current assets
1,388,065 
Total assets less current liabilities
1,758,005 
Creditors: amounts falling due after more than one year
(531,369)
Net assets
1,226,636 
Capital and reserves
Called up share capital
10 
Profit and loss account
1,226,626 
Shareholders' funds
1,226,636 
For the year ending 30 April 2023 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 8 November 2023 and were signed on its behalf by
Xuejun Ji Director Company Registration No. 06198813
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PAN ASIA GB LTD Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
PAN ASIA GB LTD is a private company, limited by shares, registered in England and Wales, registration number 06198813. The registered office is UNIT D 2 ENDEAVOUR WAY, DURNSFORD ROAD INDUSTRIAL ESTATE, LONDON, SW19 8UH, 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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and 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.
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:
Plant & machinery
15% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
15% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 May 2022
2,207 
Additions
680 
At 30 April 2023
2,887 
Amortisation
At 1 May 2022
- 
At 30 April 2023
- 
Net book value
At 30 April 2023
2,887 
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PAN ASIA GB LTD Notes to the Accounts for the year ended 30 April 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2022
292,609 
472,664 
85,357 
358 
850,988 
Additions
490 
89,039 
1,907 
1,862 
93,298 
Disposals
- 
(21,000)
- 
- 
(21,000)
At 30 April 2023
293,099 
540,703 
87,264 
2,220 
923,286 
Depreciation
At 1 May 2022
213,782 
259,308 
44,702 
54 
517,846 
Charge for the year
11,864 
31,719 
6,284 
202 
50,069 
On disposals
- 
(11,682)
- 
- 
(11,682)
At 30 April 2023
225,646 
279,345 
50,986 
256 
556,233 
Net book value
At 30 April 2023
67,453 
261,358 
36,278 
1,964 
367,053 
6
Debtors
2023 
£ 
Amounts falling due within one year
VAT
29,026 
Trade debtors
514,292 
Accrued income and prepayments
366,531 
909,849 
Amounts falling due after more than one year
Accrued income and prepayments
3,627 
7
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
565,725 
Taxes and social security
(21,424)
Other creditors
6,794 
551,095 
8
Creditors: amounts falling due after more than one year
2023 
£ 
Bank loans
95,460 
Obligations under finance leases and hire purchase contracts
85,873 
Other creditors
350,036 
531,369 
9
Average number of employees
During the year the average number of employees was 18.
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