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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
Page
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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
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LAZY PANDA PAN-ASIAN LTD Statement of financial position as at 28 February 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,719 
26,791 
Current assets
Debtors
2,500 
2,500 
Cash at bank and in hand
21,936 
3,114 
24,436 
5,614 
Creditors: amounts falling due within one year
(9,544)
(10,883)
Net current assets/(liabilities)
14,892 
(5,269)
Net assets
35,611 
21,522 
Capital and reserves
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
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LAZY PANDA PAN-ASIAN LTD Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
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.
3
Accounting policies
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.
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
25% Reducing balance
Fixtures & fittings
25% Reducing balance
4
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 
Additions
678 
- 
678 
At 28 February 2025
5,380 
30,000 
35,380 
Depreciation
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 
Net book value
At 28 February 2025
3,375 
17,344 
20,719 
At 29 February 2024
3,666 
23,125 
26,791 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Other debtors
2,500 
2,500 
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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 
£ 
£ 
VAT
240 
- 
Taxes and social security
121 
- 
Loans from directors
9,183 
10,883 
9,544 
10,883 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
E KAYA
Director Loan Account
(2,666)
(2,654)
(6,281)
961 
R I SITO
Director loan Account
(5,551)
(2,654)
(2,640)
(5,565)
C I SITO
Director Loan Account
(2,666)
(2,654)
(741)
(4,579)
(10,883)
(7,962)
(9,662)
(9,183)
8
Average number of employees
During the year the average number of employees was 5 (2024: 2).
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