1 May 2024 false No description of principal activity Taxfiler 2024.6 06198813business:PrivateLimitedCompanyLtd2024-05-012025-04-30 061988132024-04-30 061988132024-05-012025-04-30 06198813business:AuditExempt-NoAccountantsReport2024-05-012025-04-30 06198813business:FilletedAccounts2024-05-012025-04-30 061988132025-04-30 06198813business:Director12024-05-012025-04-30 06198813business:RegisteredOffice2024-05-012025-04-30 061988132024-04-30 06198813core:WithinOneYear2025-04-30 06198813core:WithinOneYear2024-04-30 06198813core:AfterOneYear2025-04-30 06198813core:AfterOneYear2024-04-30 06198813core:ShareCapitalcore:PreviouslyStatedAmount2025-04-30 06198813core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 06198813core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-04-30 06198813core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 06198813core:PreviouslyStatedAmount2025-04-30 06198813core:PreviouslyStatedAmount2024-04-30 06198813business:SmallEntities2024-05-012025-04-30 06198813countries:EnglandWales2024-05-012025-04-30 06198813core:PlantMachinery2024-05-012025-04-30 06198813core:MotorVehicles2024-05-012025-04-30 06198813core:FurnitureFittings2024-05-012025-04-30 06198813core:ComputerEquipment2024-05-012025-04-30 06198813core:PlantMachinery2024-04-30 06198813core:MotorVehicles2024-04-30 06198813core:FurnitureFittings2024-04-30 06198813core:ComputerEquipment2024-04-30 06198813core:PlantMachinery2025-04-30 06198813core:MotorVehicles2025-04-30 06198813core:FurnitureFittings2025-04-30 06198813core:ComputerEquipment2025-04-30 061988132023-05-012024-04-30 iso4217:GBP xbrli:pure
Company Registration No. 06198813 (England and Wales)
PAN ASIA GB LTD Unaudited accounts for the year ended 30 April 2025
PAN ASIA GB LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PAN ASIA GB LTD Company Information for the year ended 30 April 2025
Director
Chanmin Chung
Company Number
06198813 (England and Wales)
Registered Office
UNIT D 2 ENDEAVOUR WAY DURNSFORD ROAD INDUSTRIAL ESTATE LONDON SW19 8UH UNITED KINGDOM
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PAN ASIA GB LTD Statement of financial position as at 30 April 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
308,968 
315,453 
Current assets
Inventories
1,086,305 
1,242,388 
Debtors
5
683,408 
526,181 
Cash at bank and in hand
5,867 
31,372 
1,775,580 
1,799,941 
Creditors: amounts falling due within one year
6
(325,900)
(627,560)
Net current assets
1,449,680 
1,172,381 
Total assets less current liabilities
1,758,648 
1,487,834 
Creditors: amounts falling due after more than one year
7
(978,438)
(591,893)
Net assets
780,210 
895,941 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
780,200 
895,931 
Shareholders' funds
780,210 
895,941 
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 9 September 2025 and were signed on its behalf by
Chanmin Chung Director Company Registration No. 06198813
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PAN ASIA GB LTD Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
PAN ASIA GB LTD is a private company, limited by shares, registered in England and Wales, registration number 06198813. The registered office is UNIT D 2 ENDEAVOUR WAY, DURNSFORD ROAD INDUSTRIAL ESTATE, LONDON, SW19 8UH, UNITED KINGDOM.
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
15% Reducing balance
Motor vehicles
15% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
15% Reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2024
293,099 
540,703 
90,265 
3,288 
927,355 
Additions
- 
40,500 
- 
1,405 
41,905 
At 30 April 2025
293,099 
581,203 
90,265 
4,693 
969,260 
Depreciation
At 1 May 2024
235,764 
318,549 
56,878 
711 
611,902 
Charge for the year
8,600 
34,336 
5,008 
446 
48,390 
At 30 April 2025
244,364 
352,885 
61,886 
1,157 
660,292 
Net book value
At 30 April 2025
48,735 
228,318 
28,379 
3,536 
308,968 
At 30 April 2024
57,335 
222,154 
33,387 
2,577 
315,453 
- 5 -
PAN ASIA GB LTD Notes to the Accounts for the year ended 30 April 2025
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
16,829 
268 
Trade debtors
638,668 
499,018 
Accrued income and prepayments
27,911 
18,000 
Other debtors
- 
250 
683,408 
517,536 
Amounts falling due after more than one year
Accrued income and prepayments
- 
8,645 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
337,772 
635,823 
Taxes and social security
(10,739)
(21,424)
Other creditors
(1,133)
- 
Accruals
- 
13,161 
325,900 
627,560 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
33,540 
64,500 
Obligations under finance leases and hire purchase contracts
66,314 
53,349 
Other creditors
878,584 
474,044 
978,438 
591,893 
8
Average number of employees
During the year the average number of employees was 17 (2024: 18).
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