REGISTERED NUMBER: 15312522 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 November 2025

for

Wai Gin Lee Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

3,420

1,080

CURRENT ASSETS

Debtors

5

176,789

59,523

Cash at bank

171,596

81,439

348,385

140,962

CREDITORS

Amounts falling due within one year

6

107,599

39,184

NET CURRENT ASSETS

240,786

101,778

TOTAL ASSETS LESS CURRENT LIABILITIES

244,206

102,858

PROVISIONS FOR LIABILITIES

7

650

-

NET ASSETS

243,556

102,858

CAPITAL AND RESERVES

Called up share capital

8

5

5

Retained earnings

243,551

102,853

SHAREHOLDERS' FUNDS

243,556

102,858

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 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.

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 Board of Directors and authorised for issue on 25 August 2026 and were signed on its behalf by:

Dr W G Lee - Director

1.	STATUTORY INFORMATION

Wai Gin Lee Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

15312522

Registered office:

C/o Echo Tax, SPACES Manchester

Peter House

Oxford Street

Manchester

M1 5AN

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.

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 December 2024

524

917

1,441

Additions

3,600

-

3,600

At 30 November 2025

4,124

917

5,041

DEPRECIATION

At 1 December 2024

131

230

361

Charge for year

1,031

229

1,260

At 30 November 2025

1,162

459

1,621

NET BOOK VALUE

At 30 November 2025

2,962

458

3,420

At 30 November 2024

393

687

1,080

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Other debtors

44,610

-

Directors' current accounts

132,179

59,523

176,789

59,523

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

-

285

Trade creditors

-

2,564

Tax

104,599

33,600

Accrued expenses

3,000

2,735

107,599

39,184

7.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

650

-

Deferred

tax

£

Provided during year

650

Balance at 30 November 2025

650

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.25

30.11.24

value:

£

£

4

Ordinary A

£1

4

4

1

Ordinary B

£1

1

1

5

5

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 30 November 2025 and the period ended 30 November 2024:

30.11.25

30.11.24

£

£

Dr W G Lee and J R Thomas

Balance outstanding at start of year

59,523

-

Amounts advanced

272,328

59,523

Amounts repaid

(199,672

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

132,179

59,523

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Dr W G Lee.