REGISTERED NUMBER: 06922982 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Pang and Chiu Company Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K Y Pang

Ms R Ling

SECRETARY:

K Y Pang

REGISTERED OFFICE:

70 Hutton Grove

London

N12 8DR

REGISTERED NUMBER:

06922982 (England and Wales)

ACCOUNTANTS:

AFS Accountants

1st Floor Office

190 London Road

Westerham

Kent

TN16 2DJ

FIXED ASSETS

Tangible assets

4

14,226

18,969

CURRENT ASSETS

Debtors

5

328,072

225,819

Cash at bank

797,602

664,794

1,125,674

890,613

CREDITORS

Amounts falling due within one year

6

121,732

37,149

NET CURRENT ASSETS

1,003,942

853,464

TOTAL ASSETS LESS CURRENT LIABILITIES

1,018,168

872,433

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

1,017,168

871,433

1,018,168

872,433

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 1 December 2025 and were signed on its behalf by:

K Y Pang - Director

Ms R Ling - Director

1.	STATUTORY INFORMATION

Pang and Chiu Company 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

49,726

DEPRECIATION

At 1 April 2024

30,757

Charge for year

4,743

At 31 March 2025

35,500

NET BOOK VALUE

At 31 March 2025

14,226

At 31 March 2024

18,969

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

106,744

11,378

Other debtors

221,328

214,441

328,072

225,819

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

59,641

-

Taxation and social security

56,673

30,204

Other creditors

5,418

6,945

121,732

37,149