Company Registration No. 08384197 (England and Wales)
TURKISH HOUSEHOLD (UK) LIMITED
Unaudited accounts
for the year ended 31 January 2024
TURKISH HOUSEHOLD (UK) LIMITED
Unaudited accounts
Contents
TURKISH HOUSEHOLD (UK) LIMITED
Company Information
for the year ended 31 January 2024
Company Number
08384197 (England and Wales)
Registered Office
UNIT 9Q
KYNOCH ROAD
LONDON
N18 3BD
Accountants
ALTUN & CO
GROUND FLOOR
285 FORE STREET
EDMONTON
LONDON
N9 0PD
TURKISH HOUSEHOLD (UK) LIMITED
Statement of financial position
as at 31 January 2024
Intangible assets
4,500
5,000
Tangible assets
32,382
22,535
Inventories
368,300
387,700
Cash at bank and in hand
369,289
255,798
Creditors: amounts falling due within one year
(326,889)
(469,878)
Net current assets
1,029,677
876,172
Net assets
1,066,559
903,707
Called up share capital
100
100
Profit and loss account
1,066,459
903,607
Shareholders' funds
1,066,559
903,707
For the year ending 31 January 2024 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 28 October 2024 and were signed on its behalf by
M KARA
Director
Company Registration No. 08384197
TURKISH HOUSEHOLD (UK) LIMITED
Notes to the Accounts
for the year ended 31 January 2024
TURKISH HOUSEHOLD (UK) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08384197. The registered office is UNIT 9Q, KYNOCH ROAD, LONDON, N18 3BD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Sales represents amounts receivable for goods and services provided in the United Kingdom excluding value added tax.
Stock is valued at the lower of cost and net realisable value.
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Goodwill is being written off in equal annual instalments over its estimated economic life of 20 years.
Tangible fixed assets policy
Depreciation is calculated to write off the cost or valuation of all motor vans,fixtures,
fittings and equipment over their estimated useful lives on writing down value basis as follows:
Motor vehicles
25% on a Straight Line Basis
Fixtures & fittings
25% on a Straight Line Basis
TURKISH HOUSEHOLD (UK) LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Motor vehicles
Charge for the year
21,153
Amounts falling due within one year
Trade debtors
500,061
539,557
Accrued income and prepayments
15,416
9,495
Other debtors
103,500
153,500
TURKISH HOUSEHOLD (UK) LIMITED
Notes to the Accounts
for the year ended 31 January 2024
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
247,297
408,964
Taxes and social security
57,735
47,312
Other creditors
10,547
2,648
Loans from directors
937
937
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).