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Company Registration No. 12929287 (England and Wales)
Tu Nguyen Holdings Ltd UNAUDITED ACCOUNTS for the year ended 31 October 2024
Tu Nguyen Holdings Ltd UNAUDITED ACCOUNTS Contents
Page
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Tu Nguyen Holdings Ltd Company Information for the year ended 31 October 2024
Director
Mr Dinh Tu Nguyen
Company Number
12929287 (England and Wales)
Registered Office
43 Teazel Avenue Birmingham West Midlands B30 1LZ England
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Tu Nguyen Holdings Ltd Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
183 
182 
Current assets
Debtors
620,005 
496,173 
Cash at bank and in hand
95,502 
33,399 
715,507 
529,572 
Creditors: amounts falling due within one year
(50,854)
(34,806)
Net current assets
664,653 
494,766 
Net assets
664,836 
494,948 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
664,736 
494,848 
Shareholders' funds
664,836 
494,948 
For the year ending 31 October 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 12 July 2025 and were signed on its behalf by
Mr Dinh Tu Nguyen Director Company Registration No. 12929287
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Tu Nguyen Holdings Ltd Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Tu Nguyen Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 12929287. The registered office is 43 Teazel Avenue, Birmingham, West Midlands, B30 1LZ, 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.
4
Transactions with related parties
Other debtors include the following balances receivable: Nguyen Holdings Limited – £37,001 (2023: £37,001) Vo Nguyen Holdings Ltd – £390,001 (2023: £240,001) The balance due from Vo Nguyen Holdings Ltd represents a loan advanced by the company. Interest is charged on this loan at the Bank of England base rate (currently 3% per annum). A formal loan agreement is in place setting out the terms of repayment and interest. Mr. Dinh Tu Nguyen is a common director and shareholder of both Nguyen Holdings Limited and Vo Nguyen Holdings Ltd. Accordingly, these balances are considered related party transactions. Amounts due from group undertakings include the following balances: - Tu Nguyen Management Ltd – £65,525 (2023: £106,780) - Nguyen Family Holdings Ltd – £124,422 (2023: £112,002) - Rivendell Holdings Ltd – £919 (2023: £81 payable) Amounts due to group undertakings include the following balances: - Tu Brighter Horizon Ltd – £48,454 (2023: £34,106) All balances with group undertakings are unsecured, interest-free, and repayable on demand, unless otherwise stated.
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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