Company Registration No. 14637864 (England and Wales)
LAZY PANDA PAN-ASIAN LTD
Unaudited accounts
for the period from 3 February 2023 to 29 February 2024
LAZY PANDA PAN-ASIAN LTD
Unaudited accounts
Contents
LAZY PANDA PAN-ASIAN LTD
Company Information
for the period from 3 February 2023 to 29 February 2024
Directors
E KAYA
R I SITO
C I SITO
Company Number
14637864 (England and Wales)
Registered Office
Lazy Panda Pan-Asian 570 Ashton New Road
Lazy Panda Pan-Asian 570 Ashton New Road
Manchester
M11 4RP
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
LAZY PANDA PAN-ASIAN LTD
Statement of financial position
as at 29 February 2024
Cash at bank and in hand
3,114
Creditors: amounts falling due within one year
(10,883)
Net current liabilities
(5,269)
Called up share capital
50,000
Profit and loss account
(28,478)
Shareholders' funds
21,522
For the period ending 29 February 2024 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 21 August 2024 and were signed on its behalf by
E KAYA
Director
Company Registration No. 14637864
LAZY PANDA PAN-ASIAN LTD
Notes to the Accounts
for the period from 3 February 2023 to 29 February 2024
LAZY PANDA PAN-ASIAN LTD is a private company, limited by shares, registered in England and Wales, registration number 14637864. The registered office is Lazy Panda Pan-Asian 570 Ashton New Road, Lazy Panda Pan-Asian 570 Ashton New Road, Manchester, M11 4RP, England.
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
25% Reducing balance
Fixtures & fittings
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
4,702
30,000
34,702
At 29 February 2024
4,702
30,000
34,702
Charge for the period
1,036
6,875
7,911
At 29 February 2024
1,036
6,875
7,911
At 29 February 2024
3,666
23,125
26,791
Amounts falling due within one year
LAZY PANDA PAN-ASIAN LTD
Notes to the Accounts
for the period from 3 February 2023 to 29 February 2024
6
Creditors: amounts falling due within one year
2024
Loans from directors
10,883
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
(27,084)
(24,418)
(2,666)
Director loan Account
-
(36,240)
(30,689)
(5,551)
Director Loan Account
-
(18,260)
(15,594)
(2,666)
-
(81,584)
(70,701)
(10,883)
8
Average number of employees
During the period the average number of employees was 0.