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Turcobazaar Ltd

Registered Number
11661778
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

Turcobazaar Ltd
Company Information
for the year from 1 October 2023 to 30 September 2024

Director

Mr Mehmet Bilgin

Registered Address

Suite 8 45-47 Monument Hill
Weybridge
KT13 8RN

Place of Business

Unit 5, Martinbridge Industrial Estate

Lincoln Road

EN1 1SP


Registered Number

11661778 (England and Wales)
Turcobazaar Ltd
Balance Sheet as at
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets32,1942,743
2,1942,743
Current assets
Stocks430,46227,650
Debtors42,08213,124
Cash at bank and on hand5,10813,414
77,65254,188
Creditors amounts falling due within one year5(29,461)(14,123)
Net current assets (liabilities)48,19140,065
Total assets less current liabilities50,38542,808
Creditors amounts falling due after one year6(50,132)(41,739)
Provisions for liabilities7-(165)
Net assets253904
Capital and reserves
Called up share capital100100
Profit and loss account153804
Shareholders' funds253904
The financial statements were approved and authorised for issue by the Director on 6 February 2025, and are signed on its behalf by:
Mr Mehmet Bilgin
Director
Registered Company No. 11661778
Turcobazaar Ltd
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment20
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year11
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 October 233,5273,527
At 30 September 243,5273,527
Depreciation and impairment
At 01 October 23784784
Charge for year549549
At 30 September 241,3331,333
Net book value
At 30 September 242,1942,194
At 30 September 232,7432,743
4.Stocks

2024

2023

££
Finished goods30,46227,650
Total30,46227,650
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables3,9341,957
Bank borrowings and overdrafts4,3571,585
Taxation and social security21,1708,636
Accrued liabilities and deferred income-1,945
Total29,46114,123
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts50,13241,739
Total50,13241,739
7.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)-165
Total-165