Shanghai Delight Limited

Shanghai Delight Limited
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £ (as restated)
Fixed assets
Tangible fixed assets	3	953	1,349
		953	1,349
Current assets
Cash at bank and in hand		17,186	15,726
Creditors: amount falling due within one year	4	(15,239)	(21,631)
Net current assets		1,947	(5,905)

Total assets less current liabilities		2,900	(4,556)
Provisions for liabilities	5	(922)	(970)
Net assets		1,978	(5,526)

Capital and reserves
Called up share capital		1	1
Profit and loss account		1,977	(5,527)
Shareholders' funds		1,978	(5,526)

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 31 May 2026 and were signed by:

-------------------------------
Wah Wan
Director

Shanghai Delight Limited
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

Shanghai Delight Limited is a private company, limited by shares, registered in Scotland, registration number SC542249, registration address 275 Hamilton Road, Glasgow, G72 7PH.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

18% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 2 (2024 : 2).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Total
	£	£
At 01 September 2024	4,700	4,700
Additions	-	-
Disposals	-	-
At 31 August 2025	4,700	4,700
Depreciation
At 01 September 2024	3,351	3,351
Charge for year	396	396
On disposals	-	-
At 31 August 2025	3,747	3,747
Net book values
Closing balance as at 31 August 2025	953	953
Opening balance as at 01 September 2024	1,349	1,349

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	392	5
PAYE & Social Security	3,492	2,481
Accrued Expenses	598	598
Directors' Current Accounts	6,296	4,969
VAT	4,461	13,578
	15,239	21,631

Provisions for liabilities

	2025 £	2024 £
Deferred Tax	181	256
Pension Provisions	741	714
	922	970

Registered Number: SC542249
Scotland
SHANGHAI DELIGHT LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025