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
PAN ASIA GB LTD
Company Information
for the year ended 30 April 2023
Company Number
06198813 (England and Wales)
Registered Office
UNIT D 2 ENDEAVOUR WAY
DURNSFORD ROAD INDUSTRIAL ESTATE
LONDON
SW19 8UH
UNITED KINGDOM
PAN ASIA GB LTD
Statement of financial position
as at 30 April 2023
Cash at bank and in hand
17,717
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)
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
PAN ASIA GB LTD
Notes to the Accounts
for the year ended 30 April 2023
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.
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.
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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
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
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
At 30 April 2023
67,453
261,358
36,278
1,964
367,053
Amounts falling due within one year
Accrued income and prepayments
366,531
Amounts falling due after more than one year
Accrued income and prepayments
3,627
7
Creditors: amounts falling due within one year
2023
Taxes and social security
(21,424)
8
Creditors: amounts falling due after more than one year
2023
Obligations under finance leases and hire purchase contracts
85,873
9
Average number of employees
During the year the average number of employees was 18.