Company Registration No. 11860142 (England and Wales)
Titanic Kitchen Ltd
Unaudited accounts
for the year ended 30 March 2025
Titanic Kitchen Ltd
Unaudited accounts
Contents
Titanic Kitchen Ltd
Company Information
for the year ended 30 March 2025
Company Number
11860142 (England and Wales)
Registered Office
469 High Road
Leytonstone
London
E11 4JU
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Titanic Kitchen Ltd
Statement of financial position
as at 30 March 2025
Tangible assets
81,054
25,297
Cash at bank and in hand
4,847
4,662
Creditors: amounts falling due within one year
(24,515)
(13,166)
Net current (liabilities)/assets
(448)
5,396
Total assets less current liabilities
80,606
30,693
Creditors: amounts falling due after more than one year
(38,867)
-
Called up share capital
100
100
Profit and loss account
41,639
30,593
Shareholders' funds
41,739
30,693
For the year ending 30 March 2025 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 20 September 2025 and were signed on its behalf by
Mr W H M R Bakr
Director
Company Registration No. 11860142
Titanic Kitchen Ltd
Notes to the Accounts
for the year ended 30 March 2025
Titanic Kitchen Ltd is a private company, limited by shares, registered in England and Wales, registration number 11860142. The registered office is 469 High Road, Leytonstone, London, E11 4JU, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% - reducing balance method
Fixtures & fittings
18% - reducing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Titanic Kitchen Ltd
Notes to the Accounts
for the year ended 30 March 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 31 March 2024
-
18,244
20,765
39,009
Additions
51,500
9,117
7,908
68,525
At 30 March 2025
51,500
27,361
28,673
107,534
At 31 March 2024
-
3,867
9,845
13,712
Charge for the year
5,150
4,229
3,389
12,768
At 30 March 2025
5,150
8,096
13,234
26,480
At 30 March 2025
46,350
19,265
15,439
81,054
At 30 March 2024
-
14,377
10,920
25,297
5
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
2,609
3,271
Loans from directors
13,126
7,207
6
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(7,207)
-
5,919
(13,126)
There are no terms as to interest or repayment in respect of this balance.
Titanic Kitchen Ltd
Notes to the Accounts
for the year ended 30 March 2025
9
Average number of employees
During the year the average number of employees was 5 (2024: 6).