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Registered number: 03996390
Turkish Food Centre (Edmonton) Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
UCS Accountants
Chartered Certified Accountants
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03996390
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 69,165 29,331
69,165 29,331
CURRENT ASSETS
Stocks 5 278,658 212,640
Debtors 6 386,810 401,436
Cash at bank and in hand 78,881 73,921
744,349 687,997
Creditors: Amounts Falling Due Within One Year 7 (522,859 ) (407,426 )
NET CURRENT ASSETS (LIABILITIES) 221,490 280,571
TOTAL ASSETS LESS CURRENT LIABILITIES 290,655 309,902
Creditors: Amounts Falling Due After More Than One Year 8 - (14,806 )
NET ASSETS 290,655 295,096
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 290,555 294,996
SHAREHOLDERS' FUNDS 290,655 295,096
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For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kemal Ucur
Director
11 September 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Turkish Food Centre (Edmonton) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03996390 . The registered office is 363 Fore Street, Edmonton, London, N9 0NR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 10% on cost
Plant & Machinery 20% on reducing balance
Fixtures & Fittings 20% on reducing balance
Computer Equipment 20% on reducing balance
2.4. Stocks and Work in Progress
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. 
2.5. Financial Instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial
assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans
to related parties.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other
debtors and creditors, are initially measured at present value of the future cash flows and subsequently at
amortised cost using the effective interest method. Debt instruments that are payable or receivable within one
year, typically trade creditors or debtors, are measured, initially and subsequently, at the undiscounted amount of
the cash and other consideration, expected to be paid or received.
However if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a
trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in
case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the
present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and
subsequently at amortised cost.
Financial assets that are measured at cost and amortised are assessed at the end of each reporting
period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is
recognised in the Profit and Loss Account.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Current tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.8. 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. 
3. Average Number of Employees
Average number of employees, including directors, during the year was: 22 (2024: 22)
22 22
4. Tangible Assets
Land & Property
Leasehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 April 2024 22,500 10,311 335,158 24,855 392,824
Additions 47,500 - - - 47,500
As at 31 March 2025 70,000 10,311 335,158 24,855 440,324
Depreciation
As at 1 April 2024 20,250 5,282 316,795 21,166 363,493
Provided during the period 2,250 1,006 3,672 738 7,666
As at 31 March 2025 22,500 6,288 320,467 21,904 371,159
Net Book Value
As at 31 March 2025 47,500 4,023 14,691 2,951 69,165
As at 1 April 2024 2,250 5,029 18,363 3,689 29,331
5. Stocks
2025 2024
£ £
Stock 278,658 212,640
6. Debtors
2025 2024
£ £
Due within one year
Amounts owed by participating interests 364,000 375,000
Other debtors 22,810 26,436
386,810 401,436
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 379,919 318,389
Bank loans and overdrafts 19,022 20,439
Amounts owed to participating interests 83,072 -
Other creditors 6,173 9,069
Taxation and social security 34,673 59,529
522,859 407,426
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8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans - 14,806
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Ultimate Controlling Party
The company's ultimate controlling party is K Ucur by virtue of his majority share capital.
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