2022-04-01 03737230 2023-03-31 03737230 2022-04-01 2023-03-31 03737230 2022-03-31 03737230 2021-04-01 2022-03-31 03737230 uk-core:WithinOneYear uk-bus:Original 2022-03-31 03737230 uk-core:WithinOneYear uk-bus:Original 2023-03-31 03737230 uk-core:AfterOneYear uk-bus:Original 2022-03-31 03737230 uk-core:AfterOneYear uk-bus:Original 2023-03-31 03737230 uk-core:ShareCapital uk-bus:Original 2023-03-31 03737230 uk-core:ShareCapital uk-bus:Original 2022-03-31 03737230 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-03-31 03737230 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-03-31 03737230 uk-bus:Director1 uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-core:ToolsEquipment uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-core:MotorVehicles uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-core:FurnitureFittings uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-core:ToolsEquipment uk-bus:Original 2022-03-31 03737230 uk-core:FurnitureFittings uk-bus:Original 2022-03-31 03737230 uk-core:MotorVehicles uk-bus:Original 2022-03-31 03737230 uk-core:PlantMachinery uk-bus:Original 2022-03-31 03737230 uk-core:LandBuildings uk-bus:Original 2022-03-31 03737230 uk-core:PlantMachinery uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-core:LandBuildings uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-core:LandBuildings uk-bus:Original 2023-03-31 03737230 uk-core:MotorVehicles uk-bus:Original 2023-03-31 03737230 uk-core:FurnitureFittings uk-bus:Original 2023-03-31 03737230 uk-core:ToolsEquipment uk-bus:Original 2023-03-31 03737230 uk-core:PlantMachinery uk-bus:Original 2023-03-31 03737230 uk-core:WithinOneYear uk-bus:Original uk-core:Secured 2023-03-31 03737230 uk-core:WithinOneYear uk-bus:Original uk-core:Secured 2022-03-31 03737230 uk-core:WithinOneYear uk-bus:Original 2023-03-31 03737230 uk-core:WithinOneYear uk-bus:Original 2022-03-31 iso4217:GBP xbrli:pure 03737230 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-bus:FRS102 uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-bus:FilletedAccounts uk-bus:Original 2022-04-01 2023-03-31 03737230 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-04-01 2023-03-31
Divan Meat Products (UK) Limited
Registered Number:03737230
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Divan Meat Products (UK) Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
03737230
As at 31 March 2023
Divan Meat Products (UK) Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
199,179
38,916
2
199,179
38,916
Current assets
Inventories
79,743
56,292
3
Trade and other receivables
265,508
247,568
4
9,957
Cash and cash equivalents
72,583
376,443
355,208
Trade and other payables: amounts falling due within one
year
(261,803)
(229,459)
5
93,405
146,984
Net current assets
Total assets less current liabilities
346,163
132,321
Trade and other payables: amounts falling due after more
than one year
(32,899)
(163,421)
6
(30,602)
5,908
Provisions for liabilities
152,140
Net assets
105,330
Capital and reserves
Called up share capital
100
100
Retained earnings
152,040
105,230
152,140
105,330
Shareholders' funds
For the year ended 31 March 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
03737230
For the year ended 31 March 2023
Divan Meat Products (UK) Limited
Statement of Financial Position Continued
Mehmet Balanyan Director
These financial statements were approved and authorised for issue by the Board on 08 November 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 March 2023
Divan Meat Products (UK) Limited
Notes to the Financial Statements
Statutory Information
Divan Meat Products (UK) Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03737230.
Registered address:
Unit 4, Lever House
Lever Street
Bolton
Lancashire
BL3 6NY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Straight line
Computer equipment
25 Straight line
Motor vehicles
20 Straight line
Fixtures and fittings
No depreciation is provided on the company''s freehold properties since in the opinion of the directors the expected
useful lives are sufficiently long and the estimated residual values are sufficiently high that any such depreciation
would be immaterial. The directors undertake an annual impairment review of these properties.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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6
For the year ended 31 March 2023
Divan Meat Products (UK) Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or
valuation
At 01 April 2022
912,692
2,735
37,998
112,026
736,400
23,533
166,058
-
-
-
166,058
-
Additions
At 31 March 2023
23,533
112,026
37,998
2,735
1,078,750
902,458
Provision for depreciation and impairment
At 01 April 2022
873,776
2,735
35,771
112,026
723,244
-
Charge for year
5,795
-
513
-
5,282
-
At 31 March 2023
879,571
2,735
36,284
112,026
728,526
-
At 31 March 2023
Net book value
23,533
173,932
-
1,714
-
199,179
23,533
13,156
-
2,227
-
38,916
At 31 March 2022
3. Inventories
2022
2023
£
£
Stocks
56,292
79,743
4. Trade and other receivables
2022
2023
£
£
Trade debtors
201,510
136,475
Other debtors
46,058
129,033
265,508
247,568
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7
For the year ended 31 March 2023
Divan Meat Products (UK) Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
10,000
10,000
Bank loans and overdraft
-
10,416
Trade creditors
172,356
199,824
Taxation and social security
232
20,719
Other creditors
46,871
20,844
229,459
261,803
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
23,205
32,899
Other creditors
140,216
-
163,421
32,899
7. Average number of persons employed
During the year the average number of employees was 28 (2022 : 29)
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