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REGISTERED NUMBER: 06468220 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Turkish Foods Supplies Limited

Turkish Foods Supplies Limited (Registered number: 06468220)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Turkish Foods Supplies Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: M Kemal





REGISTERED OFFICE: Unit 38 Redburn Industrial Estate, Wooda
Enfield
EN3 4LE





REGISTERED NUMBER: 06468220 (England and Wales)





ACCOUNTANTS: Musalar & Co Accountants
International Accountant &Tax Consultant
FAIA, FFA, FIPA,,FFTA
536 Lordship Lane
London
N22 5BY

Turkish Foods Supplies Limited (Registered number: 06468220)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 37,873 66,469

CURRENT ASSETS
Stocks 5 84,851 139,851
Debtors 6 531,255 535,441
Cash at bank and in hand 22,902 4,741
639,008 680,033
CREDITORS
Amounts falling due within one year 7 451,336 333,412
NET CURRENT ASSETS 187,672 346,621
TOTAL ASSETS LESS CURRENT
LIABILITIES

225,545

413,090

CREDITORS
Amounts falling due after more than one
year

8

15,435

128,161
NET ASSETS 210,110 284,929

CAPITAL AND RESERVES
Called up share capital 9 100,000 100,000
Retained earnings 10 110,110 184,929
SHAREHOLDERS' FUNDS 210,110 284,929

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Turkish Foods Supplies Limited (Registered number: 06468220)

Balance Sheet - continued
30 September 2024


The 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.

The financial statements were approved by the director and authorised for issue on 13 June 2025 and were signed by:





M Kemal - Director


Turkish Foods Supplies Limited (Registered number: 06468220)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Turkish Foods Supplies 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

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.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Turkish Foods Supplies Limited (Registered number: 06468220)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023 67,347 159,133 226,480
Additions 4,819 - 4,819
At 30 September 2024 72,166 159,133 231,299
DEPRECIATION
At 1 October 2023 73,679 86,332 160,011
Charge for year (6,368 ) 39,783 33,415
At 30 September 2024 67,311 126,115 193,426
NET BOOK VALUE
At 30 September 2024 4,855 33,018 37,873
At 30 September 2023 (6,332 ) 72,801 66,469

5. STOCKS
30.9.24 30.9.23
£    £   
Stocks 84,851 139,851

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors - 535,441
Other debtors 524,224 -
Prepayments and accrued income 7,031 -
531,255 535,441

Turkish Foods Supplies Limited (Registered number: 06468220)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 35,526 174,914
Paye 28,704 11,023
Tax 60,420 -
VAT 17,528 15,387
Other creditors 309,158 132,088
451,336 333,412

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans more 5 yr by instal 15,435 128,161

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 15,435 128,161

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100,000 Ordinary Shares Class A 1.00 100,000 100,000

10. RESERVES
Retained
earnings
£   

At 1 October 2023 184,929
Deficit for the year (74,819 )
At 30 September 2024 110,110