REGISTERED NUMBER: 10482218 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Pho Chi Minh Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Miss M Jim

REGISTERED OFFICE:

Unit 4

Astley Point, Ann Lane

Tyldesley

Manchester

M29 7SG

REGISTERED NUMBER:

10482218 (England and Wales)

ACCOUNTANTS:

Lucas Reis Ltd

Chartered Accountants

Lansdowne House

85 Buxton Road

Stockport

Cheshire

SK2 6LR

FIXED ASSETS

Tangible assets

4

177,357

232,271

CURRENT ASSETS

Stocks

5,703

6,108

Debtors

5

3,352

3,016

Cash at bank and in hand

26,641

16,582

35,696

25,706

CREDITORS

Amounts falling due within one year

6

84,309

78,392

NET CURRENT LIABILITIES

(48,613

)

(52,686

)

TOTAL ASSETS LESS CURRENT LIABILITIES

128,744

179,585

CREDITORS

Amounts falling due after more than one year

7

(22,624

)

(38,778

)

PROVISIONS FOR LIABILITIES

(9,577

)

(25,844

)

NET ASSETS

96,543

114,963

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

96,542

114,962

SHAREHOLDERS' FUNDS

96,543

114,963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 August 2026 and were signed by:

Miss M Jim - Director

1.	STATUTORY INFORMATION

Pho Chi Minh 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.	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.

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.

Short leasehold

-

10% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2024 - 19 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Plant and

and

Motor

leasehold

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 December 2024

222,923

159,044

227,518

73,278

682,763

Disposals

-

-

-

(11,000

)

(11,000

)

At 30 November 2025

222,923

159,044

227,518

62,278

671,763

DEPRECIATION

At 1 December 2024

154,648

125,312

145,920

24,612

450,492

Charge for year

22,292

6,747

12,240

11,677

52,956

Eliminated on disposal

-

-

-

(9,042

)

(9,042

)

At 30 November 2025

176,940

132,059

158,160

27,247

494,406

NET BOOK VALUE

At 30 November 2025

45,983

26,985

69,358

35,031

177,357

At 30 November 2024

68,275

33,732

81,598

48,666

232,271

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Prepayments

3,352

3,016

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

4,973

10,248

Hire purchase contracts

11,267

11,387

Trade creditors

32,867

31,826

Tax

5,960

4,215

Social security and other taxes

4,241

4,604

VAT

20,499

11,644

Directors' current accounts

1,748

1,842

Accrued expenses

2,754

2,626

84,309

78,392

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 2-5 years

-

4,887

Hire purchase contracts

22,624

33,891

22,624

38,778

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

1

Ordinary

£1

1

1

9.	OTHER FINANCIAL COMMITMENTS

The company had outstanding commitments in respect of operating leases as at 30 November 2025 of £747,250 (2024: £822,250).

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Miss M Jim.