REGISTERED NUMBER: 15719168 (England and Wales)

Unaudited Financial Statements

for the Period 14 May 2024 to 31 May 2025

for

Pan Asian Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V K Mehra

A K Aneja

SECRETARY:

REGISTERED OFFICE:

102/104 Widnes Road

Widnes

Cheshire

WA8 6AX

REGISTERED NUMBER:

15719168 (England and Wales)

ACCOUNTANTS:

Holland & Co. Chartered Accountants

102/104 Widnes Road

Widnes

Cheshire

WA8 6AX

FIXED ASSETS

Intangible assets

4

38,378

CURRENT ASSETS

Stocks

750

Debtors

5

44,985

Cash at bank

32,105

77,840

CREDITORS

Amounts falling due within one year

6

37,813

NET CURRENT ASSETS

40,027

TOTAL ASSETS LESS CURRENT LIABILITIES

78,405

CREDITORS

Amounts falling due after more than one year

7

46,852

NET ASSETS

31,553

CAPITAL AND RESERVES

Called up share capital

102

Retained earnings

31,451

31,553

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 August 2025 and were signed on its behalf by:

A K Aneja - Director

1.	STATUTORY INFORMATION

Pan Asian Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise Fees are being amortised evenly over their estimated useful life of nil years.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 16 .

4.	INTANGIBLE FIXED ASSETS

Franchise

Fees

£

COST

Additions

51,500

At 31 May 2025

51,500

AMORTISATION

Amortisation for period

13,122

At 31 May 2025

13,122

NET BOOK VALUE

At 31 May 2025

38,378

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

40,797

Other debtors

4,188

44,985

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

8,632

Taxation and social security

11,755

Other creditors

17,426

37,813

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

46,852

8.	RELATED PARTY DISCLOSURES

During the period, total dividends of £16,000 were paid to the directors .

At Y/E 31/05/2025, £8,588.41 is owed to Mr. A.K. Aneja and £8,588.96 is owed to Mr. V.K. Mehra as directors' loans. These loans are interest-free and can be repaid at any time on request.