Registration number: 13465948

MyTang Food Ltd

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 4

MyTang Food Ltd

(Registration number: 13465948)
Balance Sheet as at 31 March 2026

	Note	2026 £		2025 £
Fixed assets
Tangible assets	3		13,637		18,381
Current assets
Stocks	4	900		900
Debtors	5	322,977		317,938
Cash at bank and in hand		291,733		222,739
		615,610		541,577
Creditors: Amounts falling due within one year	6	(56,142)		(56,993)
Net current assets			559,468		484,584
Net assets			573,105		502,965
Capital and reserves
Called up share capital		100		100
Profit and loss account		573,005		502,865
Total equity			573,105		502,965

For the financial year ending 31 March 2026 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; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act 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. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 11 June 2026
 

......................................... Ms M Chiem Director

MyTang Food Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

1	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when, the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

MyTang Food Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and Machinery	20% Straight Line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2025 - 9).

MyTang Food Ltd

Notes to the Unaudited Financial Statements For The Year Ended 31 March 2026

3	Tangible assets

	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2025	23,950	1,274	25,224
At 31 March 2026	23,950	1,274	25,224
Depreciation
At 1 April 2025	5,988	855	6,843
Charge for the year	4,491	253	4,744
At 31 March 2026	10,479	1,108	11,587
Carrying amount
At 31 March 2026	13,471	166	13,637
At 31 March 2025	17,962	419	18,381

4

Stocks

	2026 £	2025 £
Other inventories	900	900

5

Debtors

Current	2026 £	2025 £
Trade debtors	30,062	-
Other debtors	292,915	317,938
	322,977	317,938

Included within other debtors is an amount owed by the director of £218,706 (2024 £235,801). The company is charging interest on this loan. The Loan is unsecured and repayable on demand.

6

Creditors

	2026 £	2025 £
Due within one year
Trade creditors	2,263	601
Taxation and social security	51,694	54,042
Other creditors	2,185	2,350
	56,142	56,993