Company Registration No. 14637864 (England and Wales)
LAZY PANDA PAN-ASIAN LTD
Unaudited accounts
for the year ended 28 February 2025
LAZY PANDA PAN-ASIAN LTD
Unaudited accounts
Contents
LAZY PANDA PAN-ASIAN LTD
Company Information
for the year ended 28 February 2025
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
203 West Street
Fareham
Hants
PO16 0EN
LAZY PANDA PAN-ASIAN LTD
Statement of financial position
as at 28 February 2025
Tangible assets
20,719
26,791
Cash at bank and in hand
21,936
3,114
Creditors: amounts falling due within one year
(9,544)
(10,883)
Net current assets/(liabilities)
14,892
(5,269)
Called up share capital
50,000
50,000
Profit and loss account
(14,389)
(28,478)
Shareholders' funds
35,611
21,522
For the year ending 28 February 2025 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 8 April 2025 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 year ended 28 February 2025
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 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.
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
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2024
4,702
30,000
34,702
At 28 February 2025
5,380
30,000
35,380
At 1 March 2024
1,036
6,875
7,911
Charge for the year
969
5,781
6,750
At 28 February 2025
2,005
12,656
14,661
At 28 February 2025
3,375
17,344
20,719
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 year ended 28 February 2025
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
121
-
Loans from directors
9,183
10,883
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
(2,666)
(2,654)
(6,281)
961
Director loan Account
(5,551)
(2,654)
(2,640)
(5,565)
Director Loan Account
(2,666)
(2,654)
(741)
(4,579)
(10,883)
(7,962)
(9,662)
(9,183)
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Average number of employees
During the year the average number of employees was 5 (2024: 2).