REGISTERED NUMBER: 02798616 (England and Wales)

Pang Investments Limited

Unaudited Financial Statements

for the Year Ended 31 October 2025

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

A M Pang

N A Pang

R Pang

REGISTERED OFFICE:

4 King Square

Bridgwater

Somerset

TA6 3YF

REGISTERED NUMBER:

02798616 (England and Wales)

ACCOUNTANTS:

Maxwells

Chartered Accountants

4 King Square

Bridgwater

Somerset

TA6 3YF

BANKERS:

HSBC Bank plc

46 Fore Street

Trowbridge

Wiltshire

BA14 8EL

FIXED ASSETS

Tangible assets

5

19,045

1,765

Investments

6

211,314

208,966

Investment property

7

14,626,105

14,520,730

14,856,464

14,731,461

CURRENT ASSETS

Debtors

796,174

883,468

Investments

2,889

2,889

Cash at bank

25,136

28,953

824,199

915,310

CREDITORS

Amounts falling due within one year

4,013,685

3,958,349

NET CURRENT LIABILITIES

(3,189,486

)

(3,043,039

)

TOTAL ASSETS LESS CURRENT LIABILITIES

11,666,978

11,688,422

CREDITORS

Amounts falling due after more than one year

(161,063

)

(409,918

)

PROVISIONS FOR LIABILITIES

(1,301,158

)

(1,290,658

)

NET ASSETS

10,204,757

9,987,846

CAPITAL AND RESERVES

Called up share capital

1,107

1,107

Share premium

508,143

508,143

Revaluation reserve

10

5,272,291

5,272,291

Retained earnings

4,423,216

4,206,305

SHAREHOLDERS' FUNDS

10,204,757

9,987,846

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 July 2026 and were signed on its behalf by:

A M Pang - Director

1.	STATUTORY INFORMATION

Pang Investments 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.

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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Pang Investments Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

Financial instruments

Listed investments are measured at fair value, with gains and losses being reported in profit and loss.

Taxation

Taxation for the year 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 year 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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 4 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

6,872

Additions

17,545

At 31 October 2025

24,417

DEPRECIATION

At 1 November 2024

5,107

Charge for year

265

At 31 October 2025

5,372

NET BOOK VALUE

At 31 October 2025

19,045

At 31 October 2024

1,765

6.	FIXED ASSET INVESTMENTS

The fair value of the listed investments has been determined by the quoted market price on the London Stock Exchange at 31 October 2025.

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

14,520,730

Additions

105,375

At 31 October 2025

14,626,105

NET BOOK VALUE

At 31 October 2025

14,626,105

At 31 October 2024

14,520,730

Fair value at 31 October 2025 is represented by:

£

Valuation in 2025

6,596,842

Cost

8,029,263

14,626,105

Investment properties were valued on an open market basis on 31 October 2025 by the directors of the company.

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.10.25

31.10.24

£

£

Within one year

2,250

2,250

Between one and five years

1,875

4,500

4,125

6,750

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

393,524

625,985

Bank loans and overdrafts are secured by legal charges over each of the company's properties together with a fixed and floating charge over all of the assets of the company.

£10,218 (2024 - £18,882) relates to a government secured bounce back loan.

10.

RESERVES

Revaluation

reserve

£

At 1 November 2024

and 31 October 2025

5,272,291

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A M Pang.

The above director controlled the company throughout the current and previous period, by virtue of the fact that he owns all of the issued share capital.