REGISTERED NUMBER: 01516670 (England and Wales)

Turkish-British Chamber Of Commerce And

Industry

Abridged Unaudited Financial Statements

for the Year Ended 30 June 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Ms E Edhem

Mr K R Goonesena

Ms A Toren

Ms C Cekceoglu

Mr A Kemal

Mr M Uluyurt

Mr K Dundar

Ms F P Tunali

Mr E Sogut

Ms O Oz

Mr M K Etkin

Ms S Dedeoglu

Mr M F Gurulkan

Mr K Kudret

SECRETARY:

Mr K R Goonesena

REGISTERED OFFICE:

Spaces Shoredtich, City Road

25 City Road

London

EC1Y 1AA

REGISTERED NUMBER:

01516670 (England and Wales)

FIXED ASSETS

Property, plant and equipment

4

160

240

CURRENT ASSETS

Debtors

5

27,938

15,003

Cash at bank and in hand

28,844

63,479

56,782

78,482

CREDITORS

Amounts falling due within one year

6

30,682

39,806

NET CURRENT ASSETS

26,100

38,676

TOTAL ASSETS LESS CURRENT LIABILITIES

26,260

38,916

CREDITORS

Amounts falling due after more than one year

7

(3,000

)

(10,200

)

PROVISIONS FOR LIABILITIES

8

(30

)

-

NET ASSETS

23,230

28,716

RESERVES

Income and expenditure account

9

23,230

28,716

23,230

28,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings for the year ended 30 June 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 December 2025 and were signed on its behalf by:

Ms E Edhem - Director

Mr A Kemal - Director

1.	STATUTORY INFORMATION

Turkish-British Chamber Of Commerce And Industry is a private company, limited by guarantee , 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.	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

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

Turnover is derived from the ordinary trading activities of the business and is recognised when the customers obtain the right to consideration.

Tangible fixed assets

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

Plant and machinery

-

20% on cost

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

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 (2024 - 3 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 July 2024

26,489

400

26,889

Disposals

(26,489

)

-

(26,489

)

At 30 June 2025

-

400

400

DEPRECIATION

At 1 July 2024

26,489

160

26,649

Charge for year

-

80

80

Eliminated on disposal

(26,489

)

-

(26,489

)

At 30 June 2025

-

240

240

NET BOOK VALUE

At 30 June 2025

-

160

160

At 30 June 2024

-

240

240

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

26,188

12,735

Other debtors

1,750

2,268

27,938

15,003

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,200

7,200

Trade creditors

16,374

22,300

Taxation and social security

6,416

9,632

Other creditors

692

674

30,682

39,806

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,000

10,200

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

30

-

Deferred

tax

£

Charge to Statement of Income and Retained Earnings during year

30

Balance at 30 June 2025

30

9.

RESERVES

Income

and

expenditure

account

£

At 1 July 2024

28,716

Deficit for the year

(5,486

)

At 30 June 2025

23,230

10.	LIMITED BY GUARANTEE

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1.00 towards the assets of the company in the event of liquidation.