Just Panda Restaurants Ltd - Filleted accounts

Registered number

10684394

Just Panda Restaurants Ltd

Filleted Accounts

31 March 2026

Ref: J002

Just Panda Restaurants Ltd
Registered number:		10684394
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		108,969			119,802

Current assets
Stocks		5,800			5,300
Debtors	4	97,376			95,326
Cash at bank and in hand		32,343			65,733
		135,519			166,359

Creditors: amounts falling due within one year	5	(61,857)			(59,307)

Net current assets			73,662			107,052

Total assets less current liabilities			182,631			226,854

Creditors: amounts falling due after more than one year	6		(72,435)			(96,361)



Net assets			110,196			130,493

Capital and reserves
Called up share capital			99			99
Profit and loss account			110,097			130,394

Shareholders' funds			110,196			130,493

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Ms Winghan Carolina Ho Choy
Director
Approved by the board on 20 October 2026

Just Panda Restaurants Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Leasehold land and buildings	5% straight line
	Plant and machinery	20% reducing balance
	Fixtures, fittings, tools and equipment	15% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			19		17


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 April 2025	81,663		116,541		198,204
	Additions	-		4,981		4,981
	At 31 March 2026	81,663		121,522		203,185

	Depreciation
	At 1 April 2025	26,258		52,144		78,402
	Charge for the year	4,084		11,730		15,814
	At 31 March 2026	30,342		63,874		94,216

	Net book value
	At 31 March 2026	51,321		57,648		108,969
	At 31 March 2025	55,405		64,397		119,802


4	Debtors			2026		2025
£					£

	Other debtors			97,376		95,326


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Trade creditors			2,307		-
	Taxation and social security costs			33,040		30,073
	Other creditors			26,510		29,234
				61,857		59,307


6	Creditors: amounts falling due after one year			2026		2025
£					£

	Loans			72,435		96,361


7	Other information

	Just Panda Restaurants Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 6
	3 Jersey Street
	Manchester
	M4 6JA