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REGISTERED NUMBER: 05247120 (England and Wales)

| Chung Lim Limited |

| Unaudited Financial Statements |

| for the Period 1 April 2024 to 28 February 2025 |

| Chung Lim Limited (Registered number: 05247120) |

Contents of the Financial Statements

for the Period 1 April 2024 to 28 February 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 3 |

| Chung Lim Limited |

Company Information

for the Period 1 April 2024 to 28 February 2025

| DIRECTORS: | Y C Lim

| Y W Lim

| J Y Lim

| SECRETARY: | Y C Lim

| REGISTERED OFFICE: | 90 Crwys Road

| Cathays

| Cardiff

| CF24 4NP

| REGISTERED NUMBER: | 05247120 (England and Wales)

| ACCOUNTANTS: | Xeinadin South Wales & West Limited

| Accountants & Business Advisors

| Suite 2d,

| Building 1 Eastern Business Park

| St Mellons

| Cardiff

| CF3 5EA

| Chung Lim Limited (Registered number: 05247120) |

Balance Sheet

28 February 2025

| 28.2.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 575,738 |  | 575,738 |  |

CURRENT ASSETS

Debtors | 5 | 5,591 |  | 520,556 |  |

Cash at bank | 21,989 |  | 13,706 |  |

27,580 |  | 534,262 |  |

CREDITORS

Amounts falling due within one year | 6 | 36,673 |  | 236,034 |  |

NET CURRENT (LIABILITIES)/ASSETS | (9,093 | ) | 298,228 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 566,645 |  | 873,966 |  |

CREDITORS

Amounts falling due after more than one year | 7 | 442,524 |  | 442,776 |  |

NET ASSETS | 124,121 |  | 431,190 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 124,021 |  | 431,090 |  |

124,121 |  | 431,190 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 30 November 2025 and were signed on its behalf by:

Y W Lim - Director

| Chung Lim Limited (Registered number: 05247120) |

Notes to the Financial Statements

for the Period 1 April 2024 to 28 February 2025

1. | STATUTORY INFORMATION

| Chung Lim 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 (£).

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.

| The company meets its working capital requirements through the ongoing support of its directors. If this support is removed, it may not be appropriate for the financial statements to be prepared on a going concern basis and as such the company's assets and liabilities may have to be restated.

| 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.

| Motor vehicles | - | 33% on cost

| Taxation

| Taxation for the period 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

| 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.

| Financial instruments

| Basic Financial Instruments, as covered by Section 11 of FRS 102, are measured at amortised cost. The company does not have any Other Financial Instruments, as covered by Section 12 of FRS 102.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 1 (2024 - 1 ) .

| Chung Lim Limited (Registered number: 05247120) |

Notes to the Financial Statements - continued

for the Period 1 April 2024 to 28 February 2025

4. | TANGIBLE FIXED ASSETS

| Freehold |  | Motor |

| property |  | vehicles |  | Totals

£ | £ | £ |

| COST

| At 1 April 2024

| and 28 February 2025 | 575,738 |  | 3,393 |  | 579,131 |  |

| DEPRECIATION

| At 1 April 2024

| and 28 February 2025 | - |  | 3,393 |  | 3,393 |  |

| NET BOOK VALUE

| At 28 February 2025 | 575,738 |  | - |  | 575,738 |  |

| At 31 March 2024 | 575,738 |  | - |  | 575,738 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 31.3.24

£ | £ |

| Trade debtors | 5,591 |  | 5,591 |  |

| Other debtors | - |  | 514,965 |  |

5,591 |  | 520,556 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 28.2.25 |  | 31.3.24

£ | £ |

| Bank loans and overdrafts | 35,476 |  | 33,203 |  |

| Trade creditors | - |  | 5,782 |  |

| Taxation and social security | (1,302 | ) | - |  |

| Other creditors | 2,499 |  | 197,049 |  |

36,673 |  | 236,034 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 28.2.25 |  | 31.3.24

£ | £ |

| Bank loans | 442,524 |  | 442,776 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years | 284,688 |  | 292,564 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 28.2.25 |  | 31.3.24

£ | £ |

| Bank loans | 478,000 |  | 475,979 |  |

| The bank loans are secured by fixed and floating charges held over all the company's assets.