REGISTERED NUMBER: 08021132

Financial Statements for the Year Ended 31 March 2025

for

Korzinka Taste Of Europe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Dogan

REGISTERED OFFICE:

69 Argyle Street

Boston

PE21 8PJ

REGISTERED NUMBER:

08021132

ACCOUNTANTS:

Musalar & Co Accountants

International Accountant &Tax Consultant

FAIA, FFA, FIPA,,FFTA

536 Lordship Lane

London

N22 5BY

CURRENT ASSETS

Debtors

5

13,707

41,224

Cash at bank

37,603

107,227

51,310

148,451

CREDITORS

Amounts falling due within one year

6

(59,164

)

50,899

NET CURRENT ASSETS

110,474

97,552

TOTAL ASSETS LESS CURRENT LIABILITIES

110,474

97,552

CREDITORS

Amounts falling due after more than one year

7

43,011

47,308

NET ASSETS

67,463

50,244

CAPITAL AND RESERVES

Called up share capital

9

12,200

12,200

Retained earnings

10

55,263

38,044

SHAREHOLDERS' FUNDS

67,463

50,244

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 1 December 2025 and were signed by:

S Dogan - Director

1.	STATUTORY INFORMATION

Korzinka Taste Of Europe Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

Disposals

249,288

At 31 March 2025

249,288

DEPRECIATION

Eliminated on disposal

249,288

At 31 March 2025

249,288

NET BOOK VALUE

At 31 March 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

13,400

17,100

Other debtors

-

23,974

VAT

307

150

13,707

41,224

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

50,899

Tax

3,836

-

Other creditors

(63,000

)

-

(59,164

)

50,899

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans (see note 8)

43,011

47,308

Amounts falling due in more than five years:

Repayable by instalments

Bounced back loan

13,333

23,371

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.25

31.3.24

£

£

Amounts falling due between two and five years:

Bank loans - 2-5 years

29,678

23,937

Amounts falling due in more than five years:

Repayable by instalments

Bounced back loan

13,333

23,371

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

12,200

Ordinary shares class A

1.00

12,200

12,200

10.

RESERVES

Retained

earnings

£

At 1 April 2024

38,044

Profit for the year

17,219

At 31 March 2025

55,263