REGISTERED NUMBER: 09958060 (England and Wales)

TANG GROUP LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

E T A Tang

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

09958060 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Tangible assets

5

39,218

49,451

CURRENT ASSETS

Debtors

6

313,980

352,647

Investments

7

148,700

-

Cash at bank

538,618

745,077

1,001,298

1,097,724

CREDITORS

Amounts falling due within one year

8

76,442

126,022

NET CURRENT ASSETS

924,856

971,702

TOTAL ASSETS LESS CURRENT LIABILITIES

964,074

1,021,153

CREDITORS

Amounts falling due after more than one year

9

(10,485

)

(24,972

)

PROVISIONS FOR LIABILITIES

(7,451

)

(9,396

)

NET ASSETS

946,138

986,785

CAPITAL AND RESERVES

Called up, paid and allotted share capital

1

1

Retained earnings

946,137

986,784

SHAREHOLDERS' FUNDS

946,138

986,785

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

E T A Tang - Director

1.	STATUTORY INFORMATION

Tang Group 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Income recognition

Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Government grants

Government grants are recognised using the performance model and are recognised in other income when the grants proceeds are received or receivable.

Investments

Investments are recognised initially at cost which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2024 - 45 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

26,405

71,704

1,794

99,903

Additions

2,472

-

975

3,447

At 31 March 2025

28,877

71,704

2,769

103,350

DEPRECIATION

At 1 April 2024

18,191

31,371

890

50,452

Charge for year

2,675

10,084

921

13,680

At 31 March 2025

20,866

41,455

1,811

64,132

NET BOOK VALUE

At 31 March 2025

8,011

30,249

958

39,218

At 31 March 2024

8,214

40,333

904

49,451

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

313,980

352,647

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

148,700

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,100

9,993

Hire purchase contracts

4,881

9,727

Trade creditors

13,596

48,402

Taxation and social security

8,166

12,423

Other creditors

39,699

45,477

76,442

126,022

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

10,485

20,722

Hire purchase contracts

-

4,250

10,485

24,972

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

E T A Tang

Balance outstanding at start of year

119,599

111,788

Amounts advanced

153,128

119,599

Amounts repaid

(192,184

)

(111,788

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

80,543

119,599

11.	RELATED PARTY DISCLOSURES

The director operates a loan account with the company which is repayable on demand. The transactions of which can be seen above.