31 December 2022 false No description of principal activity Taxfiler 2023.14 10520381business:PrivateLimitedCompanyLtd2022-12-312023-12-30 105203812022-12-30 105203812022-12-312023-12-30 10520381business:AuditExemptWithAccountantsReport2022-12-312023-12-30 10520381business:FilletedAccounts2022-12-312023-12-30 105203812023-12-30 105203812022-12-30 10520381core:WithinOneYear2023-12-30 10520381core:WithinOneYear2022-12-30 10520381core:AfterOneYear2023-12-30 10520381core:AfterOneYear2022-12-30 10520381core:ShareCapitalcore:PreviouslyStatedAmount2023-12-30 10520381core:ShareCapitalcore:PreviouslyStatedAmount2022-12-30 10520381core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-30 10520381core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-30 10520381core:PreviouslyStatedAmount2023-12-30 10520381core:PreviouslyStatedAmount2022-12-30 10520381business:SmallEntities2022-12-312023-12-30 10520381business:Director12022-12-312023-12-30 10520381countries:EnglandWales2022-12-312023-12-30 10520381business:RegisteredOffice2022-12-312023-12-30 10520381core:FurnitureFittings2022-12-312023-12-30 10520381core:FurnitureFittings2022-12-30 10520381core:FurnitureFittings2023-12-30 105203812021-12-312022-12-30 iso4217:GBP xbrli:pure
Company Registration No. 10520381 (England and Wales)
Asem Turkish Barbers Limited Unaudited accounts for the year ended 30 December 2023
Asem Turkish Barbers Limited Statement of financial position as at 30 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,941 
16,033 
Current assets
Cash at bank and in hand
4,465 
9,403 
Creditors: amounts falling due within one year
(8,433)
(14,627)
Net current liabilities
(3,968)
(5,224)
Total assets less current liabilities
9,973 
10,809 
Creditors: amounts falling due after more than one year
(9,252)
(10,452)
Net assets
721 
357 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
717 
353 
Shareholders' funds
721 
357 
For the year ending 30 December 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 March 2024 and were signed on its behalf by
Fatih Temel Director Company Registration No. 10520381
- 2 -
Asem Turkish Barbers Limited Notes to the Accounts for the year ended 30 December 2023
1
Statutory information
Asem Turkish Barbers Limited is a private company, limited by shares, registered in England and Wales, registration number 10520381. The registered office is 51 DUKE STREET, DARLINGTON, DL3 7SD, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
10 years
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 31 December 2022
20,922 
At 30 December 2023
20,922 
Depreciation
At 31 December 2022
4,889 
Charge for the year
2,092 
At 30 December 2023
6,981 
Net book value
At 30 December 2023
13,941 
At 30 December 2022
16,033 
- 3 -
Asem Turkish Barbers Limited Notes to the Accounts for the year ended 30 December 2023
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,000 
5,000 
Trade creditors
138 
(2)
Taxes and social security
2,343 
1,437 
Loans from directors
860 
7,700 
Accruals
92 
492 
8,433 
14,627 
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
9,252 
10,452 
7
Average number of employees
During the year the average number of employees was 4 (2022: 4).
- 4 -