C¢mpany registration number 02422385 (England and Walesl Charlty Reglstratlon MuMr 802411 PO SHIN TAO TEH ASSOCIATION LIMITED (A Company Limited by Guarantee) TRUSTEES REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 RsTh ETh10.. ETrIV88952272.%7WC482KEPA 241fW2026 15fJ4PM ur
PO SHIN TAO TEH ASSOCIATION LIMITED COMPANY INFORMATION Trustees DrNHo Mrs T M Cherwj Miss T W Lee Secretary Mrs K H Chow Company nrnr 02422385 Roglstered offl¢e 10 Havelock Rise Lulon Bedfor(Ishi LU2 7PS Accountsnts Webb A¢countancy See$ Limit9(1 19 Diamond Court Opal Drive Fox Milne Milton Keynes MK15 ODU Buslness address 10 Havelock Rise Luton Bedfonlshi LU2 7PS RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc
PO SHIN TAO TEH ASSOCIATION LIMITED CONTENTS Page Twslees and directors, reptr( Independent examlierfs rek statsfftenl of financial actwrtS Balance sheet Noles to the financial slalements 6-11 RSn Enveknpe ID. ETrIV88952272-567WC482&CE&4 15fJ4PM UT
PO SHIN TAO TEH ASSOCIATION LIMITED TRUSTEES AND DIRECTORS. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 The truslees and direrAors present their artnual TeFX)rt and financi41 statements for the year ended 30 September 2025. Oblectlves and Actlvltles of the Charlty The charity is governed by its Memorandum and AJtides of Aw)cialion. The powers of the Charity in thè Artid8S are slated as being anything which is (zl¢)JlatwJ to further its Obied(sl or is wnducTve or incidentsl to doing 80. In particular, the chartty has power_ 111 To advance spiritual, mental and rrmyal improvement by prcrfTh)ting the teachings of Tao, Confucius and Buddha 121 To gwe support and aid to Ihose wk) need help. Each year (yjr trustees review our obiectNes and ac1Wrt to ensure they continue to reflect our aims and comp wrth the Charty CommBsKns guidance on putlK and to cary out our acINitS without damaging the lo¢*1 economy or community. The charty's main adniities in relation lo Ihe obieclNes are to hold gUlar services and meetings at the charitys premises. The aim is to encourage participants to comprehend the Wisd( ofTaoism. Confucianism and Buddhism. The charty collects donatM)ns and provhles support and donations for the relf of poverty to the Iwal communty. national and intemational organisalhjns. How our Actlvltles Dellver Publlc Benefft We have a wide range of participants from dNerse backgrOur$ that are involved in attending regular services and meetings wthin which the wi%dom and teachings of Taotsm. Cotrfucius and Buddha are Studied. The ch8rity believes that promoting the dmne sludies is the best long-lem metr1 for uplffting spirit and improving mentality and morality and thus relvIng poverty. The tharity rA)ncentrates its wotk its lo(31 Offi WhebY our volunleers provide SUPFX)rt and advice lo the locals and 8ssisI them to become self-sufvient. We carry txjt our by oursefves 8fKI uts"lise10¢81 kredge and r8sourcès trj promote our work wherè rx)ssible. A¢hl•vem•nts and P•rforniance In line iJ¥ilh past years, we have continued to put emphasis on the IMFOrtan of the divine teachings, New members have joined us lo take advantage of our activit and services. A key focus of our offerings is to inspire our members lo emb(Kly the fwe bond5 of filial pty and ancwt wisdom in their everyday Iwes. To enhance their qualty of lrfe. we have bn advotI for healthy INitvJ by suggesb.ng lrfestyle (thanges ancl providing dietary guidance. The video lectures not only expanded ¢)ur understsnding of divine philosophy but also inspired us to pursue our goals with zeal and excrtemenl. Consequently, our members seem to show steady progress in areas where seK- sufficiency, contentment, confidence, encourdgement and deterniination are essenti41. They are not just able lo molival8 themselves but are also equipyed to assist others in ld. The charity has been benefiting from the donab.ons and essential ilems provided by our generous members and volunteers. w[out Iheir kind suptK)rt and ¥ctNe partiupalh)n il would not be (x)ssible to C8rry out 811 acbvthes effectively. Therefore, the trustees express their heartfelt appreciatKY) for their d&dicated efforts. The charty will persist in pursuing the objectives outlined in Ihe Company's M£morandum and Articlès of Association. while consistently setting asido funds for those in need. RSn Enveknpe ID. ETrIV88952272-567WC482&CE&4 15fJ4PM UTC -
PO SHIN TAO TEH ASSOCIATION LIMITED TRUSTEES AND DIRECTORS. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2025 Financial Review Finanaal support continues lo be received from donalh)ns. The Trustees are satisfie(I th81 the charity's t))sts have been reviewed and rewsed where required and are well controlled and that all Irjsts are for the furtherance of the Charity's objethves. The charity's income from all sources anThJunted to £61.33612024 £70.5341. The Trustees would like to take this opportunity to thank all funders and supporters for their hard work and generosity. Total expenditure amounted to £46,973 {2024 £40.8291. The surplus for Ihe year aMnted lo £14.363 {2024 £29,705). This has increased the nel fund5 available lo £735,83612024 £721,473). The Trustees have reviewed the selveS and propose to maintain unrestricted reseryes 8t 8 level equal 10 81 least twelve months running costs. The risks to which the charity is exposed. in the main to finanoal issues, are discussed and addre&8ed at meetings of the Trustees arn1 wmmiitee. structu Govemancè and Managènmènt The charity is a charitable company limited by guaranlee. •rT[M)rated on 13 Seplember 1989. The charity's founding documents tske the form of Memordndum and Artides of Association. by which il is govemed. The D1CtOrS of the (xjmpany a also Trustees for the purKM)ses of tharity law aThJ under the (xJmpanl$ Articles are known as members of the Management Committee. The Management CoMMee meets on a regular basis. The Trustees are invited to be appointed by the current trrd of Trustees and as such ran be dismissed as a Trustee, or asked to resign their position. However. this decision can only be made with the full consent of the Trustees as a Whe. Directors and Trustees Responsibilities Company law requires the Trustees lo prepare financial stslemenls for each financjal year. Under that law the d1ctOrS have ele¢ted to ppare the finanual statements in a¢(xYdan¢e wth Unrted Kingdom Generally Aepted Accounting Pradice Iuniled King(Jom A¢¢¢xJnting Stsndards and applicable lawl. The financial statements are required by law lo give a true and fair viw of the stste of affairs of Ihe company and of the profil and loss of the company for thal period. In preparing those finarrial statements. the Trustees are required to.. select suitable accounting policies and then apply them consistenty.. make judgments and estimates that are reasonable and prudent: prepare the finanoal slalemenls on the g)ing conrn basis unless il is inappropriate to presume that the company will ¢ontinue in business. The Trustees are responsible keeping proper ac(x)unling records that disdose with reasonable accuracy al anytime the financial rx)silion of the company and lo enable them to ensure that the financial statements comply with the Companies Act 2006 and with the FRS102 Slatement of Recommended Praclice. They are also responsible for safeguarding the assets of the company aTrJ hence for takirvJ reasonable steps for the prevention and detection of fraud and other irregularities. On behalf of the board DrNHo Director Dale.. 24/0612026 RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF PO SHIN TAO TEH ASSOCIATION LIMITED I report on the accounts of the company for the year eThJed 30 September 2025. which are set out on pages 4 to 10. Respective Responsibilities of Trustees and Examiner The Iruslees (who are also the director5 of the wmpany for the purpose5 of cofflpany lawl are responsible for the preparation of the accounts. The charity's trustees consi¢Jer that an audit 15 not required for this year under section 144 01 the charib.es Act 2011 Ithe Charities Act) and that an independent examinab.on 15 neede(l. having satisfied mysetf that the chanty is Th)t sut¥'ect to audil under company law and is eligible for independent examination, it is my responsibility lo.. examine the accounts under section 145 of the Charities Act: to follow the procedures lamj down in the general Directions gwen by the Charity Commission under sects'on 1451Sllbl of the Charities Act- and lo stale whether particular matters have ¢x)me to my attenlK)n. Basls of Indopond•nt Examln•rfs Roport My examination was carried out in accordan with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the tharity and a comparison of the accounts presented with those records. It also includes considerabon of any unusual ilems or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequenuy no opini¢)n 15 given as lo whether the accounts Pfesenl 8 'true and fair wew. and the reFK>rt is limtted to those matter5 set out in the statement below. Independent Examinerfs Statement In connection with my examination. no matter has cx)me to my attention lo indicate that.. a¢¢ounting re¢ords have rK)I been kept in acrdar£ Wth section 386 of the Companies Act 2006.. the a¢¢ounls do not accord with such records" where accounts are prepared on an accJuals basis, whether they fail lo comply with relevant accounting requirements under section 396 of the CoMpanS Act 2006. or are not consislent wilh the Charities SORP IFRS1021 any matter which I believe shwld te drawn to the attention of the reader to gain a proper understanding of the accounts. Webb Accountancy Sgrvices Limitod Chartered Accounl8nts 19 Diamond Court Opal Drive Fox Milne Milton Keynes MK15 ODU Date.. 24/0612026 RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 30 SEPTEMBER 2025 Restricted Unrestricted income funds funds 2025 2025 Total funds Prior year 2025 funds 2024 Notss Incoma Income and endowments from". Grdnts and donations Investment income 57.972 3.364 57.972 3,364 66.534 4,000 61.336 61.336 70,534 Expendtture Expenditure on charitable acjvtties Fundraising costs Governance and support costs 46,053 46,053 40,216 920 920 613 Total Expgnditurn 46.973 46,973 40,829 Net Income I (Expenditure) before tax 14.363 14,363 29,705 Tax payable Net Income I (Expgndlture) 14.363 14,363 29,705 Transfer befven funds Net movement In funds 14.363 14.363 29.705 Net movement in funds Total funds broughl foThvard 721.473 721,473 691,768 T¢)tsl fvnds ¢arried forward 735.836 735,836 721,473 RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED BALANCE SHEET ASAT 30 SEPTEMBER 2025 Restricted Unrestricted income funds fund$ 2025 2025 Total funds Prior year 2025 funds 2024 Notes Fixed a55ets Tangible assets 430.471 430,471 428,778 Current ass8ts Debtors Cash al bank and in hand 7.359 419.536 7,359 419.536 5,660 408.234 426.895 426.895 413,894 Credltors.. amounts falllng due wlthln one year 1121.530) 1121,5301 1121,199} Net current assets 305.365 305,365 292,695 Net assets 735,836 735,836 721,473 Funds of the Charty Unresthded fvnds 735.836 735,836 721,473 Total members. funds 735.836 735.836 721,473 For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small MpanIeS. The members have not required the C(panY to obtain an audit of its finarrial statements for the year in question in accordan wrth secbon 476. The directors acknowledge their responsibiltties for ox)mptying with the requirements of the Companies Act 20L with respect lo accounting rewrds and the preparation of financial statements. These financial statements have been prepared in acccKdance wth the provisions applicable to companies subjed to the small companie5 regime 8nd in a(LOrItsn wth FRS102 SORP. 24/0612026 The financial statements were approved by the trustees arKJ authori5ed for issue on ......................... and are signed on ils behalf by.. DrNHo Trustee l Director Company registration number 02422385 {England and Wales) RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies Company Infomiatlon Po Shin Tao Teh Assoaation Limited is a privale compary limited by guarantee incorporated in England and Wales. The registered office is 10 HaveloKk Rise. Lulon. Bedfordshire. LU2 7PS. The charity wnstilutes a public LEnefil entty as defird by FRS102. 1.1 Basis of preparation These financial statements have been prepared in accordance with the Statement of Recommended Pracbce.. Accounting and Repo.n9 by Charth'es preparing their accounts in accordance wth the Financial Reporting Standard applicable in the UK and Republic of Ireland ISORP FRS 1021. wth the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021, and with the requirements of the Cornpanies Act 2006 and the Charities Act 2011 as applicable lo companies subject to the small companies regime. The disclosure requirements of secb.on 1A of FRS 102 have been applied other than where additional disclosu is required to show 8 true and fair view. The financial slalements are prepared in slerting. which is the functional currency of the Company. Monetary amounts in these financial 5tstemenls are rounded to the nearest £. The financial slalements have been prepared urKler the historical cost convention. The principal acLxJunling policies adopted 8 sel out below. 1.2 Going concem Al the time of approving the finanual ststements. the directors have a reasonable expectation that the company has adequate resources to continue in operational existencè for the foreseeable future. Thus the direclors continue to adopt the goiThJ concem basis of accountsng in preparing the financial statements. 1.3 Income and expenditure l incoming resoLJrces are included in the Statement of Finan(ial Activities {SoFA) when.. the charity becomes entiljed to the income- the monetary value c2n be measured wth SUffient reliability., and it is nK)re likely than not that the trustees will re1ve the resources. Grants and donations are only induded in Ihe SOFA when the general income recognition criteria are mel. Legacies and other forms of voluntsry in(yJme are onty included in the SOFA when receipt Is probably, that is, when there has been grant of probate. the exe(xJlor5 have estsbli5hed th* there are sufficient assets in the estate and any ndon$ atta¢hed to the lega¢y a erther within the ¢x>ntrol of the charity or have been mel. Contractual income and perfom)ance related grants are only induded in the SOFA once the Charity has prowded the related sermces or met the perfomiants related Conditi(S. The value of any voluntary help TeceNed not induded in the acc(yJnts but is described in the trustees, annual reporL Gift Aid receivable is included in income when there is a valid ¢Jedarab"on from the donor. Any Gift Aid amount recOVed cx) a donation is Considered lo be part of that grft and is tated as an addrf(ion lo the same fvnd as the initial donation unless the donor or the temis of the appeal have speofied otherwis8. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the anwJJnt of the obligat can be measured with reasonable certainty. AJI revenue expenditure is dealt with through the SOFA on an aTalS basis arKI is allocated to their appropriate functional headings. RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies (Continued) 1.4 Governance and 5UPPOrt costs Support costs have been allocated betsveen governance costs and other support. Govemance costs comprise all costs involving public accountability of the charity and rts compliance with regulation and good practice. Support costs include ntral functions and have been 81th8ted to activity cost categories on a basis con515tenl with the use of resourS. eg allo(3ts"ng prcyerty costs by fl(MJr areas, or per capita, staff c0515 by the time spent and other Costs by their usage. 1.5 Tangible fixed assets Tangible fixed asseis are initialty measured at cost and subsequenuy measured at cost or valuation. net of depreciation 8n¢J any impairrnerht105ses_ Depreciation is re(Dgnised $0 as to write off the cosl or valuation of assets less their residual values over their useful lives on Ihe following bases.. Fehd land and buildings Fixturgs and fittings Molor vehides 25% reding balanc 25% TeduciThJ balance The gain or loss arising on the dispwl of an asset is determined as Ihe differen between the sale prOed$ and the carrying value of the asset, and is credtied ( tharged to surplus or defiul. 1.6 Impalrni•nt of fixed assets Al each reporknng period end dale. the company reviews the carrying amounts of its tangible assets lo determine whether there is any indication that those assets have suffere(l an impairment loss. If any such indication exists. the recoverable amount of the asset is estimated in order to detemine the extent of the impaimenl loss lif anyl- Where it is not p)ssible lo estimate the recoverable amount of an individual asset. the Company estimates the recoverable amount of the cash-generating untt to whith the asset belongs. Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the eslimaled future cash flows are discounted to Iheir present value using a pre-tax discount rate that reflects current market assessments of the b.me value of nK>ney and the risks specjfic lo the asset for which the estimates of future cash flows have not been adjusted_ If the recoverable amount of an asset lor ¢ash- generating unit) is e51imaled lo be le55 than its carrying amount, the rarryng arrK)unl of the asset lor Gash- generating unit) is redUd to its recoverable amount. An impaimient loss is recognised immediately in surplus or deficit, unless the relevant asset is carried at a revalued amount. in which case the impaimient loss is treated as a revaluation decrease. Recognised impaimient losses are reversed if, and only rf, the reasons for the impaimient loss have ased to apply. Where an impaimient loss subsequently reverses, the carying amounl of the asset lor cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that woukl have been delermined had no impairnienl loss been recognised for the asset lor cash%enerab"ng unill in prior years. A reversal of an impairment loss 15 Cognised immediately in surplus or defi¢it. unless the levant asset ts Carried at a revalued 8mount, in which case the reveal of the impairrrnt k)ss is treated as a revaluatn in(*ease. 1.7 Cash and cash equivalents Cash and cash equivalents are basi¢ finanoal assets and indude rxsh in hand. deposits held at call with banks, other short-term liquid investments with original malurifies of three months or less, and bank overdrafts. Bank overdrafts are shown wilhin borrOlngS in ojrrent liabilities. RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies (Continued) 1.8 Financial instruments The company has ele¢ted to apply the proMsions of Section 11 'Basi¢ Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its finanoal instruments. Financial instruments are recognised in the companys balan sheet en the company becomes paty to the contractual provisions of the instrument. Financial assets and Ikgbilities S offset. with the nel amounts presented in the fin8ncAal slalements, when there is a legally enforceable right to set off the re¢ognised anK)unts and the is an inlention lo settle on a net basis or to realise the asset and setue the liability simultaneousty. Bas1¢ flnan¢lal assets Basic financial assets, whith ide debtors and cash and bank balances. are initially measured at transaction price induding transaction costs and are subwuently carried at aM0.sed cost using the effective interest method unless the arrangement constitutes a finanng transaction, where the transaction is measured al the present value of the future receipts discounted al a market rale of interest. Financial assets classified as receivable wrthin one year are 1 arTth"sed. Classification of financial liabilities Finan¢ial liabilities an¢Y equity instruments a Classffied a¢¢ording to the SubStsn of the ¢ontradual arrangements ente inlo. An equity inslrument is any contract thal evidences a resKJual interesl in the a&8ets of the company after deduthng all of its liabilities. Baslc financlal Ilabllhlès Basic financial liabilities, including creditors. bank loans, loans from fellow group companies and preference shares that are classified as debt. are inilialty reCnisl al ITansactK)n price unless the arTangemenl onstilLrtes a financing transactK)n, where the debt instrument is measured al the present value of the future payments discounted al a mathet rate of interest. Finan(Jal liabil"e$ dassthed as payable wf(hin one year are not amortised. Debt instruments are subsequently carried at armrtised cosl, usiThJ the effective interest rate methoj. Trade creditors are obligatv)ns to pay for gLxyJs or ServIS that have been acquired in Ihe ordinary L¥)urse of business from suppliers. Amounts payable are das5ified as (xjrrenl liabilities if payment is due within one year or less. If not, they are presenlwj as non-currenl liabilities. Trade creditors are rec¥)gnised initially al transaction price and subsequentty measurell al amorb"se(l Cost using the effective interest melhtsj. 1.9 Taxation The company is not carrying a bune&S for the purw)ses of making a profit and is therefore exempt from corporation tax. 1.10 Employge nfits The costs of short-lerm employee benefrts are recLNJnised as a liabilty and an expense. unless those LL)sts are required lo be rewgnise(J as part of the ci)st of stLKk or fixed assets. The cost of any unused holiday enttUennt is re(x)gnise(l in the peri1 in which employee's semces are received. Temiination benefits are recr*Jnised immedialely as an expense when the company is demonstrably committed to lerminate the employment of an employee or to provide temination benefits. RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Accounting policies (Continued) 1.11 Restrithd funds Restri¢ted ftjnds a subject to speiifi¢ conditions by donors as to how they may be used. The purposes and uses of the restricted fvnds are set out in the notes to the a¢counts. Distributions from restrirte(J resources must be used for purtx)ses consislenl with donor intention and should te the first source of funding to support programmes and aclivilies meeting the reStriCtn. 1.12 Unrestricted funds Unrestricted funds are furKls which are available for use al Ihe discretion of the trustees in furtherance ol the general objectwes of the charity and which h8ve not been deswJn8ted for other purFX)ses. Judgements and key sources of estimation uncertainty In the application of the company's accounting F¥)liaes, the directors are required lo make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sourc*s_ The eslimales and associated assumpb.ons are base(l on historical experience and other factors that are considere(I lo relevant_ Actual iesults may differ from these esb"males. The estimates and underfying assumptions are reviewed on an orKJoing basis. Revisions to accounting estimates are recognised in the period in Wh the estimate is revised where the revision affects only that period, or in the period of the revision arKI fulure periods where Ihe reViSn affects both current and future periods. Incoming resources Rrestricted Unrestrlcted Income funds funds 2025 2025 Total funds 2025 Prlor yaar funds 2024 Donations and gtft aid Other grants Other income Interest InMe 57.972 57.972 66,534 4,000 61.336 61,336 70,534 RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _
PO SHIN TAO TEH ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Expenditurn Restricted Unrestrlcted Incomo funds funds 2025 2025 Total funds Prlor yoar 2025 funds 2024 Direct proiect c¥)sts Donations Insurance Premises tJ)sts Travelling expenses Depreciation Olher administration costs 7,586 7.516 4.956 28.275 2,510 1.859 4,956 28.275 2,510 1,859 867 4,632 24.315 1,323 1,539 891 Ex¢nditur¢ on charitable a¢tivities 46.053 46,053 40,216 Independent exminers fees Other aCUcY fees 885 35 6(X) 35 Ex8nditurg on gov•manc• and support 920 920 613 Employees The average monthly number of Fr50S lexduding Irusleesl employe(J by the company during the year was.. 2025 Number 2024 Number Total No Trustees or members of the management committee received any remuneration for work undertaken in the management of the charity during the current or previous year. Taxation The charity is exempt from corporation tax on ils charitabl8 adivities. On the basis of these financial statements the company has no cOrporatn tax liability. RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _ 10-
PO SHIN TAO TEH ASSOCIATION LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2025 Tangible fixed assets Frnehold land Flxtures and and Iwlldln9S ffttln9$ Motor vehlcl85 Total Cost Al 1 O¢lober 2024 Additions 424,163 15.263 3,552 14.968 454,394 3,552 At 30 September 2025 424,163 18,815 14,968 457,946 Depreciation and impairment At 1 October 2024 Depreciation charged in the year 14,792 823 10,824 1.036 25,616 1,859 At 30 September 2025 15,615 11,860 27,475 Carrying amount At 30 September 2025 424.163 3,200 3,108 430,471 AI 30 September 2024 424,163 471 4,144 428,778 Debtors 202S 2024 Amounts falllng dup wlthln 0Trg year: Prepayments and accrued income 7,359 5,660 Creditors: arnounts falling due within one year 202S 2024 Notes Olher borrowings Accruals and deferred InMe 120,500 1,030 120,500 121,530 121,199 10 Members. liabilty The company is limited by guardntee. not having a share capttal and consequenuy the liability of members is limited, subject to an undertaking by each member to conlribute to the net assets or liabilities of the wmpany on winding up su¢h amounts as may be required not excee(ling £1. RSwJn Envelope10.. ENV88952272-567Wts482E4 241{ 15w PM urc _ 11-