2022-12-01 2023-11-30 false Capium Accounts Production 1.1 05253496 bus:AbridgedAccounts 2022-12-01 2023-11-30 05253496 bus:FRS102 2022-12-01 2023-11-30 05253496 bus:AuditExemptWithAccountantsReport 2022-12-01 2023-11-30 05253496 bus:SmallCompaniesRegimeForAccounts 2022-12-01 2023-11-30 05253496 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 05253496 2022-12-01 2023-11-30 05253496 2023-11-30 05253496 bus:RegisteredOffice 2022-12-01 2023-11-30 05253496 core:WithinOneYear 2023-11-30 05253496 core:AfterOneYear 2023-11-30 05253496 bus:Director1 2022-12-01 2023-11-30 05253496 bus:Director1 2023-11-30 05253496 bus:Director1 2021-12-01 2022-11-30 05253496 2021-12-01 05253496 bus:LeadAgentIfApplicable 2022-12-01 2023-11-30 05253496 2021-12-01 2022-11-30 05253496 2022-11-30 05253496 core:WithinOneYear 2022-11-30 05253496 core:AfterOneYear 2022-11-30 05253496 bus:EntityAccountantsOrAuditors 2021-12-01 2022-11-30 05253496 bus:OrdinaryShareClass1 2022-12-01 2023-11-30 05253496 bus:OrdinaryShareClass1 2023-11-30 05253496 bus:OrdinaryShareClass1 2021-12-01 2022-11-30 05253496 bus:OrdinaryShareClass1 2022-11-30 05253496 core:LandBuildings 2022-12-01 2023-11-30 05253496 core:LandBuildings 2023-11-30 05253496 core:LandBuildings 2022-11-30 05253496 core:PlantMachinery 2022-12-01 2023-11-30 05253496 core:PlantMachinery 2023-11-30 05253496 core:PlantMachinery 2022-11-30 05253496 core:MotorCars 2022-12-01 2023-11-30 05253496 core:MotorCars 2023-11-30 05253496 core:MotorCars 2022-11-30 05253496 core:FurnitureFittings 2022-12-01 2023-11-30 05253496 core:FurnitureFittings 2023-11-30 05253496 core:FurnitureFittings 2022-11-30 05253496 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-11-30 05253496 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-11-30 05253496 core:CostValuation core:Non-currentFinancialInstruments 2023-11-30 05253496 core:CostValuation core:Non-currentFinancialInstruments 2022-11-30 05253496 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-11-30 05253496 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 05253496 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-11-30 05253496 core:Non-currentFinancialInstruments 2023-11-30 05253496 core:Non-currentFinancialInstruments 2022-11-30 05253496 core:ShareCapital 2023-11-30 05253496 core:ShareCapital 2022-11-30 05253496 core:RetainedEarningsAccumulatedLosses 2023-11-30 05253496 core:RetainedEarningsAccumulatedLosses 2022-11-30 05253496 dpl:Item1 2022-12-01 05253496 dpl:Item1 2023-11-30 05253496 dpl:Item1 2021-12-01 05253496 dpl:Item1 2022-11-30 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 05253496
England and Wales

 

 

 

TULIP FOOD CENTRE LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 December 2022

End date: 30 November 2023
Accountant’s report
You consider that the company is exempt from an audit for the year ended 30 November 2023 . You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
Temiz Associates Ltd T-A Temiz & Co Accountant
30 November 2023



....................................................
Temiz Associates Ltd T-A Temiz & Co Accountant
Temiz Associates Ltd T-A Temiz & Co Accountant

Chartered Public Finance Accountant
73 High Street
Gillingham
Kent
ME7 1BJ
30 August 2024
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 3 37,915    33,901 
37,915    33,901 
Current assets      
Stocks 100,000    180,000 
Debtors: amounts falling due within one year 653    9,239 
Debtors: amounts falling due after one year 2,333    2,333 
Cash at bank and in hand 27,953    46,963 
130,939    238,535 
Creditors: amount falling due within one year (119,702)   (215,154)
Net current assets 11,237    23,381 
 
Total assets less current liabilities 49,152    57,282 
Creditors: amount falling due after more than one year (25,000)   (35,000)
Net assets 24,152    22,282 
 

Capital and reserves
     
Called up share capital 4 2    2 
Profit and loss account 24,150    22,280 
Shareholders' funds 24,152    22,282 
 


For the year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 30 August 2024 and were signed by:


-------------------------------
Osman Aydogan
Director
2
General Information
TULIP FOOD CENTRE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05253496, registration address 73 High Street, Gillingham, Kent, ME7 1BJ. The trading address of the company is 298-300 High street, Chatham, KENT, ME4 4NR.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Cost of sales
Cost of sales are measured at the lower of cost and net realisable value. Cost determined using the FIFO principle. 

Cost of sales = Opening stock+Purchase Less Closing stock. 
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Analysis of corporation tax charge in the year is £31120 (2019: £6983).
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
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:
Land and Buildings 0.00% Reducing Balance
Plant and Machinery 25% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures and Fittings 25% Reducing Balance
Stocks
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.
2.

Average number of employees


Average number of employees during the year was 19 (2022 : 14).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Plant and Machinery   Motor Vehicles   Fixtures and Fittings   Total
  £   £   £   £   £
At 01 December 2022 7,360    80,444    22,295    47,810    157,909 
Additions       14,200    14,200 
Disposals        
At 30 November 2023 7,360    80,444    22,295    62,010    172,109 
Depreciation
At 01 December 2022   79,442    18,258    26,308    124,008 
Charge for year   251    1,009    8,926    10,186 
On disposals        
At 30 November 2023   79,693    19,267    35,234    134,194 
Net book values
Closing balance as at 30 November 2023 7,360    751    3,028    26,776    37,915 
Opening balance as at 01 December 2022 7,360    1,002    4,037    21,502    33,901 


4.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
2 Class A shares of £1.00 each  
 

5.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2023
£
 2022
£
 2023
£
 2022
£
Mr O Aydogan(193)(7,244)193 7,244 

The company was under the control of Mr O Aydogan throughout the current and previous year. During the year director owed to the director £193 (2022: £7,244 from director). Dividends of £49,000 were issued to the shareholder during the period under review (2022: £nil).
3