1 January 2024 false No description of principal activity Taxfiler 2024.6 11134625business:PrivateLimitedCompanyLtd2024-01-012024-12-31 111346252023-12-31 111346252024-01-012024-12-31 11134625business:AuditExemptWithAccountantsReport2024-01-012024-12-31 11134625business:FilletedAccounts2024-01-012024-12-31 111346252024-12-31 11134625business:Director12024-01-012024-12-31 11134625business:RegisteredOffice2024-01-012024-12-31 111346252023-12-31 11134625core:WithinOneYear2024-12-31 11134625core:WithinOneYear2023-12-31 11134625core:AfterOneYear2024-12-31 11134625core:AfterOneYear2023-12-31 11134625core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 11134625core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11134625core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 11134625core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11134625core:PreviouslyStatedAmount2024-12-31 11134625core:PreviouslyStatedAmount2023-12-31 11134625business:SmallEntities2024-01-012024-12-31 11134625countries:EnglandWales2024-01-012024-12-31 11134625core:ComputerEquipment2024-01-012024-12-31 11134625core:ComputerEquipment2023-12-31 11134625core:ComputerEquipment2024-12-31 11134625business:OrdinaryShareClass12024-01-012024-12-31 11134625business:OrdinaryShareClass12023-01-012023-12-31 11134625business:Director112024-01-012024-12-31 11134625business:Director112023-12-31 11134625business:Director112024-12-31 111346252023-01-012023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11134625 (England and Wales)
Fanchoi Limited Unaudited accounts for the year ended 31 December 2024
Fanchoi Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Fanchoi Limited Company Information for the year ended 31 December 2024
Director
Achoi Ngo
Company Number
11134625 (England and Wales)
Registered Office
203 West Street Fareham PO16 0EN
Accountants
Taxsense 203 West Street Fareham Hants PO16 0EN
- 3 -
Fanchoi Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,047 
1,396 
Current assets
Inventories
95,750 
112,632 
Cash at bank and in hand
25,961 
39,683 
121,711 
152,315 
Creditors: amounts falling due within one year
5
(74,793)
(98,853)
Net current assets
46,918 
53,462 
Total assets less current liabilities
47,965 
54,858 
Creditors: amounts falling due after more than one year
6
(2,640)
(8,142)
Net assets
45,325 
46,716 
Capital and reserves
Called up share capital
7
1,000 
1,000 
Profit and loss account
44,325 
45,716 
Shareholders' funds
45,325 
46,716 
For the year ending 31 December 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.
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 15 September 2025 and were signed on its behalf by
Achoi Ngo Director Company Registration No. 11134625
- 4 -
Fanchoi Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Fanchoi Limited is a private company, limited by shares, registered in England and Wales, registration number 11134625. The registered office is 203 West Street, Fareham, PO16 0EN.
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:
Computer equipment
25 % reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
3,099 
At 31 December 2024
3,099 
Depreciation
At 1 January 2024
1,703 
Charge for the year
349 
At 31 December 2024
2,052 
Net book value
At 31 December 2024
1,047 
At 31 December 2023
1,396 
- 5 -
Fanchoi Limited Notes to the Accounts for the year ended 31 December 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,503 
5,367 
VAT
2,382 
855 
Trade creditors
12,255 
13,701 
Taxes and social security
1,264 
- 
Loans from directors
53,069 
78,547 
Accruals
320 
383 
74,793 
98,853 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
2,640 
8,142 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000 
1,000 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Achoi Ngo
Director Loan Account
(78,547)
(160,589)
(186,067)
(53,069)
(78,547)
(160,589)
(186,067)
(53,069)
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -