REGISTERED NUMBER: 04766149 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FU-TZE LIMITED

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

52,511

80,702

Investment property

6

266,374

-

318,885

80,702

CURRENT ASSETS

Debtors

7

347

9,168

Cash at bank

52,352

289,200

52,699

298,368

CREDITORS

Amounts falling due within one year

8

41,083

12,949

NET CURRENT ASSETS

11,616

285,419

TOTAL ASSETS LESS CURRENT LIABILITIES

330,501

366,121

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

10

330,401

366,021

SHAREHOLDERS' FUNDS

330,501

366,121

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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 December 2025 and were signed by:

Mr J J L Li - Director

1.	STATUTORY INFORMATION

Fu-Tze Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04766149

Registered office:

Fullam Restaurant

18 Tuly Street

BARNSTAPLE

North Devon

EX31 1DH

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.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Office equipment

-

33% on reducing balance

INVESTMENT PROPERTY

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

15,000

AMORTISATION

At 1 April 2024

and 31 March 2025

15,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Land and

and

Motor

Office

buildings

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

and 31 March 2025

525,330

148,638

1,980

2,397

678,345

DEPRECIATION

At 1 April 2024

456,096

137,170

1,980

2,397

597,643

Charge for year

25,500

2,691

-

-

28,191

At 31 March 2025

481,596

139,861

1,980

2,397

625,834

NET BOOK VALUE

At 31 March 2025

43,734

8,777

-

-

52,511

At 31 March 2024

69,234

11,468

-

-

80,702

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

266,374

At 31 March 2025

266,374

NET BOOK VALUE

At 31 March 2025

266,374

The investment property was acquired in April 2024 which represents the most recent valuation.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

6,339

Prepayments

347

2,829

347

9,168

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

4,975

Trade creditors

36

3,484

Social security and other taxes

(789

)

743

VAT

-

486

Other creditors

-

32

Directors' current accounts

38,836

229

Accruals and deferred income

3,000

3,000

41,083

12,949

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

1

100

100

10.

RESERVES

Retained

earnings

£

At 1 April 2024

366,021

Deficit for the year

(35,620

)

At 31 March 2025

330,401