

			Company registration number:05909891






		WING FAT (MIDLANDS) LTD

			FINANCIAL STATEMENTS

			FOR THE YEAR ENDED 31 October 2025



WING FAT (MIDLANDS) LTD

BALANCE SHEET

AS AT 31 October 2025


		2025		2024
	Notes	£	£	£	£

FIXED ASSETS
Tangible assets	3		326,289		329,057

			326,289		329,057

CURRENT ASSETS
Stocks		800		700
Debtors	4	549,492		517,107
Cash at bank and in hand		600,519		633,062

		1,150,811		1,150,869

CREDITORS
Amounts falling due within one year	5	(170,314)		(259,074)

NET CURRENT ASSETS			980,497		891,795

TOTAL ASSETS LESS
CURRENT LIABILITIES			1,306,786		1,220,852

Creditors falling due after one year	6		(62,919)		(81,348)

PROVISIONS FOR LIABILITIES			(35,879)		(27,471)

NET ASSETS			1,207,988		1,112,033



CAPITAL AND RESERVES
Called-up equity share capital	7		100		100
Profit and loss account			1,207,888		1,111,933

SHAREHOLDERS FUNDS			1,207,988		1,112,033


For the year ending 31 October 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.


The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.


These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 31 July 2026 and signed on its behalf.


The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.


..........................................................................
Mr Ly Quang To

31 July 2026
The annexed notes form part of these financial statements.



WING FAT (MIDLANDS) LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 OCTOBER 2025

	Share	Share	P and L	Revaluation	Other	Total
	Capital	Premium	Account	reserve	reserves	equity
	£	£	£	£	£	£
Balance at 1 November 2023	100	0	883,182	0	0	883,282

Changes in equity
Total Comprehensive Income	0	0	228,751	0	0	228,751
Balance at 31 October 2024	100	0	1,111,933	0	0	1,112,033

Changes in equity
Total comprehensive income	0	0	95,955	0	0	95,955
Balance at 31 October 2025	100	0	1,207,888	0	0	1,207,988

WING FAT (MIDLANDS) LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

Accounting policies

Statutory information

The company is registered in England and its registered number is 05909891 The company is a private company limited by shares. Its registered office is 2 Wellington Street, Winson Green, Birmingham, B18 4NN.

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost covention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Turnover

Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.

Fixed Assets

Tangible fixed assets are stated at cost less depreciation 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 bases: Motor vehicles 25% reducing balance basis Fixtures and fittings 15% reducing balance basis Plant and machinery 10% straight line basis

Stocks and Work In Progress

Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.

Leasing

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets and depreciated over the shorter of the lease term and their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Government grants

Government Grant for boilers A Government Grant of £29,948.00 from Birmingham City Council has been granted for the purpose of purchasing industrial boilers. As capital-based grant, it will be recognised in profit and loss on a systematic basis over the useful economic life of the asset. The government grant will therefore be released as income at the rate of 10% per year, the rate of depreciation of the industrial boilers.

Deferred Taxation

Deferred tax is provided on the liablity method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. The company has not adopted a policy of discounting deferred tax assets and liabilities.

Pension Scheme

The company operates a defined contribution pension scheme, NEST, and the pension charge represents the amounts payable by the company to the fund in respect of the year.

Employees

The average number of persons employed by the company (including directors) during the year was 11.



3.	Tangible fixed assets

		Land/Buildings	Plant	Motor	F and F	Total

	Cost
	At start of period	198,059	59,323	128,414	267,299	653,095
	Additions	0	0	34,250	0	34,250
	At end of period	198,059	59,323	162,664	267,299	687,345

	Depreciation
	At start of period	13,592	38,845	105,700	165,901	324,038
	Provided during the period	1,699	5,868	14,241	15,210	37,018
	At end of period	15,291	44,713	119,941	181,111	361,056

	Net Book Value
	At start of period	184,467	20,478	22,714	101,398	329,057
	At end of period	182,768	14,610	42,723	86,188	326,289



4.	Debtors
		2025	2024
		£	£
	Due within one year
	Trade Debtors	186,334	142,123
	Other Debtors	68,409	69,393
	Prepayments and accrued income	16,601	11,586
	Deferred tax current asset	1,936	18,517

		273,280	241,619

	Due after one year
	Other Debtors	276,212	275,488

		549,492	517,107


	"Deferred tax current asset" is S455 tax that can currently be recovered from HMRC at the account year end. "other debtors" refers to loans, including at the account year end: Mrs Jade Rathore (former director) owing £2,575 and Mr Ly Quang To (shareholder and current director) owing £94,990.



5.	Creditors due within one year
		2025	2024
		£	£

	Trade creditors	1,679	24,444
	Bank Loans and Overdrafts	27,157	27,295
	Corporation Tax	117,365	183,001
	Other taxes and social security costs	5,298	4,100
	Other creditors	5,990	8,983
	Accruals and deferred income	12,801	10,932
	Loan from directors	24	319

		170,314	259,074

6.	Creditors due after one year
		2025	2024
		£	£

	Bank Loans	62,919	81,348

		62,919	81,348


7.	Share capital	Alloted, Issued and fully paid
		Alloted, Issued and fully paid
		2025	2024
		£	£

	Ordinary shares of £1 each	100	100
	Total issued share capital	100	100