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REGISTERED NUMBER: 01395457 (England and Wales)























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BOSPHOROS CATERERS (HOLDINGS) LIMITED

BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


BOSPHOROS CATERERS (HOLDINGS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr Y Sirer





REGISTERED OFFICE: 39 Hendon Lane
Finchley
London
N3 1RY





REGISTERED NUMBER: 01395457 (England and Wales)





ACCOUNTANTS: Guner Associates
Chartered Accountants
39 Hendon Lane
Finchley
London
N3 1RY

BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 18,883 22,249
Investments 6 - 44,643
Investment property 7 745,000 745,000
763,883 811,892

CURRENT ASSETS
Stocks 2,358 2,875
Debtors 71,005 13,805
Cash at bank and in hand 940,467 983,265
1,013,830 999,945
CREDITORS
Amounts falling due within one year 180,144 157,146
NET CURRENT ASSETS 833,686 842,799
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,597,569

1,654,691

PROVISIONS FOR LIABILITIES 8 62,665 62,665
NET ASSETS 1,534,904 1,592,026

CAPITAL AND RESERVES
Called up share capital 9 100 100
Revaluation reserve 10 218,701 218,701
Retained earnings 10 1,316,103 1,373,225
SHAREHOLDERS' FUNDS 1,534,904 1,592,026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 January 2025 and were signed by:





Mr Y Sirer - Director


BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Bosphoros Caterers (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

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.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. Contributions payable for the year are charged in the profit and loss account.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 132,918
Additions 2,541
At 31 March 2024 135,459
DEPRECIATION
At 1 April 2023 110,669
Charge for year 5,907
At 31 March 2024 116,576
NET BOOK VALUE
At 31 March 2024 18,883
At 31 March 2023 22,249

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2023 44,643
Reclassification/transfer (44,643 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 44,643

BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 745,000
NET BOOK VALUE
At 31 March 2024 745,000
At 31 March 2023 745,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2018 584,816
Valuation in 2023 (255,000 )
Cost 415,184
745,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 415,184 415,184

Investment property was valued on an open market basis on 14 March 2023 by Harding Chartered Surveyors .

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 62,665 62,665

Deferred
tax
£   
Balance at 1 April 2023 62,665
Balance at 31 March 2024 62,665

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary Shares £1 100 100

BOSPHOROS CATERERS (HOLDINGS) LIMITED (REGISTERED NUMBER: 01395457)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

10. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 1,373,225 218,701 1,591,926
Deficit for the year (57,122 ) (57,122 )
At 31 March 2024 1,316,103 218,701 1,534,804

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors.