1 October 2023 false Taxfiler 2024.6 12216042business:PrivateLimitedCompanyLtd2023-10-012024-09-30 122160422023-09-30 122160422023-10-012024-09-30 12216042business:AuditExemptWithAccountantsReport2023-10-012024-09-30 12216042business:FilletedAccounts2023-10-012024-09-30 122160422024-09-30 12216042business:Director12023-10-012024-09-30 12216042business:Director22023-10-012024-09-30 12216042business:RegisteredOffice2023-10-012024-09-30 122160422023-09-30 12216042core:WithinOneYear2024-09-30 12216042core:WithinOneYear2023-09-30 12216042core:AfterOneYear2024-09-30 12216042core:AfterOneYear2023-09-30 12216042core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 12216042core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 12216042core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 12216042core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 12216042core:PreviouslyStatedAmount2024-09-30 12216042core:PreviouslyStatedAmount2023-09-30 12216042business:SmallEntities2023-10-012024-09-30 12216042countries:EnglandWales2023-10-012024-09-30 12216042core:PlantMachinery2023-10-012024-09-30 12216042core:ComputerEquipment2023-10-012024-09-30 12216042core:PlantMachinery2023-09-30 12216042core:FurnitureFittings2023-09-30 12216042core:FurnitureFittings2023-10-012024-09-30 12216042core:PlantMachinery2024-09-30 12216042core:FurnitureFittings2024-09-30 12216042business:OrdinaryShareClass12023-10-012024-09-30 12216042business:OrdinaryShareClass12022-09-302023-09-30 12216042business:Director212023-10-012024-09-30 12216042business:Director212023-09-30 12216042business:Director212024-09-30 122160422022-09-302023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12216042 (England and Wales)
Pho N Go Rw Limited Unaudited accounts for the year ended 30 September 2024
Pho N Go Rw Limited Unaudited accounts Contents
Page
- 2 -
Pho N Go Rw Limited Company Information for the year ended 30 September 2024
Directors
Mr Thanh Huy Nguyen Mrs Minh Hoa Nguyen
Company Number
12216042 (England and Wales)
Registered Office
C/O Gains Accountants Plexal, 14 East Bay Lane London E20 3BS England
Accountants
Gains Accountants Queen Elizabeth Olympic Park Plexal, 14 East Bay Lane London E20 3BS
- 3 -
Pho N Go Rw Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
236,558 
126,760 
Current assets
Inventories
25,000 
25,000 
Debtors
2,974 
27,707 
Cash at bank and in hand
155,149 
125,195 
183,123 
177,902 
Creditors: amounts falling due within one year
(551,090)
(125,490)
Net current (liabilities)/assets
(367,967)
52,412 
Total assets less current liabilities
(131,409)
179,172 
Creditors: amounts falling due after more than one year
(180,723)
(24,700)
Net (liabilities)/assets
(312,132)
154,472 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(312,232)
154,372 
Shareholders' funds
(312,132)
154,472 
For the year ending 30 September 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 24 June 2025 and were signed on its behalf by
Mr Thanh Huy Nguyen Director Company Registration No. 12216042
- 4 -
Pho N Go Rw Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Pho N Go Rw Limited is a private company, limited by shares, registered in England and Wales, registration number 12216042. The registered office is C/O Gains Accountants, Plexal, 14 East Bay Lane, London, E20 3BS, 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 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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
20% or 50% Straight Line basis
Computer equipment
20% Straight Line basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Pho N Go Rw Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
125,580 
108,760 
234,340 
Additions
35,243 
101,850 
137,093 
At 30 September 2024
160,823 
210,610 
371,433 
Depreciation
At 1 October 2023
77,291 
30,289 
107,580 
Charge for the year
14,573 
12,722 
27,295 
At 30 September 2024
91,864 
43,011 
134,875 
Net book value
At 30 September 2024
68,959 
167,599 
236,558 
At 30 September 2023
48,289 
78,471 
126,760 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
817 
27,707 
Accrued income and prepayments
2,157 
- 
2,974 
27,707 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
161,335 
- 
Trade creditors
61,668 
- 
Taxes and social security
12,086 
- 
Other creditors
370,277 
125,490 
Loans from directors
(66,207)
- 
Accruals
11,931 
- 
551,090 
125,490 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
24,700 
Other creditors
180,723 
- 
180,723 
24,700 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
- 6 -
Pho N Go Rw Limited Notes to the Accounts for the year ended 30 September 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Director's loan
16,207 
50,000 
- 
66,207 
16,207 
50,000 
- 
66,207 
10
Transactions with related parties
During the year, transactions were undertaken with related companies by virtue of their being under common control by directors.   At the year end, Pho N Go Rw Limited owed £246,268 and £12,258 to Pho N Go Br Limited and Seafood City Ar Limited, respectively.
11
Average number of employees
During the year the average number of employees was 34 (2023: 58).
- 7 -