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Company Registration No. 14651439 (England and Wales)
Pang Ploy Ltd Unaudited accounts for the year ended 28 February 2025
Pang Ploy Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Pang Ploy Ltd Company Information for the year ended 28 February 2025
Director
Mrs Waraporn Siriphala
Company Number
14651439 (England and Wales)
Registered Office
62 Colwyn Close Stevenage Hertfordshire SG1 2AW England
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
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Pang Ploy Ltd Statement of financial position as at 28 February 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,781
6,375
Current assets
Inventories
925
1,013
Debtors
5
35,386
381
Cash at bank and in hand
2,020
1,629
38,331
3,023
Creditors: amounts falling due within one year
6
(11,696)
(3,010)
Net current assets
26,635
13
Total assets less current liabilities
31,416
6,388
Creditors: amounts falling due after more than one year
7
(30,793)
-
Net assets
623
6,388
Capital and reserves
Called up share capital
8
100
100
Profit and loss account
523
6,288
Shareholders' funds
623
6,388
For the year ending 28 February 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 her 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 19 September 2025 and were signed on its behalf by
Mrs Waraporn Siriphala Director Company Registration No. 14651439
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Pang Ploy Ltd Notes to the Accounts for the year ended 28 February 2025
1
Statutory information
Pang Ploy Ltd is a private company, limited by shares, registered in England and Wales, registration number 14651439. The registered office is 62 Colwyn Close, Stevenage, Hertfordshire, SG1 2AW, 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.
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.
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.
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:
Fixtures & fittings
25% Reducing Method
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Pang Ploy Ltd Notes to the Accounts for the year ended 28 February 2025
4
Tangible fixed assets
Fixtures & fittings
£
Cost or valuation
At cost
At 1 March 2024
8,500
At 28 February 2025
8,500
Depreciation
At 1 March 2024
2,125
Charge for the year
1,594
At 28 February 2025
3,719
Net book value
At 28 February 2025
4,781
At 29 February 2024
6,375
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
767
381
Accrued income and prepayments
8,736
-
Other debtors
25,883
-
35,386
381
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
2,250
-
Taxes and social security
9,446
214
Loans from directors
-
2,796
11,696
3,010
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
30,793
-
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Pang Ploy Ltd Notes to the Accounts for the year ended 28 February 2025
9
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Mrs Waraporn Siriphala
Director Loan
-
25,313
-
25,313
Interest on Loan
-
570
-
570
-
25,883
-
25,883
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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