IRIS Accounts Production v23.3.1.45 11184873 director 1.3.22 28.2.23 28.2.23 false true false false false true false Ordinary shares class A 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111848732022-02-28111848732023-02-28111848732022-03-012023-02-28111848732021-02-28111848732021-03-012022-02-28111848732022-02-2811184873ns10:Originalns15:EnglandWales2022-03-012023-02-2811184873ns14:PoundSterlingns10:Original2022-03-012023-02-2811184873ns10:Originalns10:Director12022-03-012023-02-2811184873ns10:Original2022-03-012023-02-2811184873ns10:Original2023-02-2811184873ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2811184873ns10:Originalns10:SmallEntities2022-03-012023-02-2811184873ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2811184873ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2811184873ns10:Originalns10:FullAccounts2022-03-012023-02-2811184873ns10:Original12022-03-012023-02-2811184873ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-2811184873ns10:Originalns10:RegisteredOffice2022-03-012023-02-2811184873ns10:Original2022-02-2811184873ns10:Originalns5:CurrentFinancialInstruments2023-02-2811184873ns10:Originalns5:CurrentFinancialInstruments2022-02-2811184873ns10:Originalns5:Non-currentFinancialInstruments2023-02-2811184873ns10:Originalns5:Non-currentFinancialInstruments2022-02-2811184873ns5:ShareCapitalns10:Original2023-02-2811184873ns5:ShareCapitalns10:Original2022-02-2811184873ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2811184873ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2811184873ns10:Originalns5:NetGoodwill2022-03-012023-02-2811184873ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-03-012023-02-2811184873ns10:Original2021-03-012022-02-2811184873ns10:Originalns5:NetGoodwill2022-02-2811184873ns10:Originalns5:NetGoodwill2023-02-2811184873ns10:Originalns5:NetGoodwill2022-02-2811184873ns10:Originalns5:PlantMachinery2022-02-2811184873ns10:Originalns5:PlantMachinery2022-03-012023-02-2811184873ns10:Originalns5:PlantMachinery2023-02-2811184873ns10:Originalns5:PlantMachinery2022-02-2811184873ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811184873ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-2811184873ns10:Originalns10:OrdinaryShareClass12023-02-2811184873ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2811184873ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-012023-02-28
REGISTERED NUMBER: 11184873 (England and Wales)















Financial Statements for the Year Ended 28 February 2023

for

Cayan Foods Centre Limited

Cayan Foods Centre Limited (Registered number: 11184873)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cayan Foods Centre Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: C Topal





REGISTERED OFFICE: 236 Hertford Road
Enfield
Middlesex
EN3 5BL





REGISTERED NUMBER: 11184873 (England and Wales)





ACCOUNTANTS: Musalar & Co Accountants
international Accountant &Tax Consultant
FAIA, FFA, FCPA, FFTA
536 Lordship Lane
London
N22 5BY

Cayan Foods Centre Limited (Registered number: 11184873)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 47,000 48,000
Tangible assets 5 207 34
47,207 48,034

CURRENT ASSETS
Stocks 6 103,630 67,850
Cash at bank and in hand 7,109 6,230
110,739 74,080
CREDITORS
Amounts falling due within one year 7 51,321 13,793
NET CURRENT ASSETS 59,418 60,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,625

108,321

CREDITORS
Amounts falling due after more than one
year

8

51,151

50,051
NET ASSETS 55,474 58,270

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 11 54,474 57,270
SHAREHOLDERS' FUNDS 55,474 58,270

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Cayan Foods Centre Limited (Registered number: 11184873)

Balance Sheet - continued
28 February 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 November 2023 and were signed by:





C Topal - Director


Cayan Foods Centre Limited (Registered number: 11184873)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Cayan Foods Centre 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 Income Statement, 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.


Cayan Foods Centre Limited (Registered number: 11184873)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued
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 7 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 50,000
AMORTISATION
At 1 March 2022 2,000
Charge for year 1,000
At 28 February 2023 3,000
NET BOOK VALUE
At 28 February 2023 47,000
At 28 February 2022 48,000

Cayan Foods Centre Limited (Registered number: 11184873)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 March 2022 166
Additions 258
At 28 February 2023 424
DEPRECIATION
At 1 March 2022 132
Charge for year 85
At 28 February 2023 217
NET BOOK VALUE
At 28 February 2023 207
At 28 February 2022 34

6. STOCKS
28.2.23 28.2.22
£    £   
Stocks 103,630 67,850

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts (see note 9) 2,772 -
Trade creditors 45,924 10,515
VAT 2,625 3,278
51,321 13,793

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans (see note 9) 51,151 50,051

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 51,151 50,051

Cayan Foods Centre Limited (Registered number: 11184873)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

9. LOANS

An analysis of the maturity of loans is given below:

28.2.23 28.2.22
£    £   
Amounts falling due within one year or on demand:
Bank overdrafts 2,772 -

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 51,151 50,051

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1,000 Ordinary shares class A 1.00 1,000 1,000

11. RESERVES
Retained
earnings
£   

At 1 March 2022 57,270
Deficit for the year (2,796 )
At 28 February 2023 54,474