Chapel Market Kitchen Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—4

Registered number: 15202675

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		280,451		280,451

			280,451		280,451
CURRENT ASSETS
Stocks	5	23,625		18,000
Debtors	6	35,305		48,311
Cash at bank and in hand		13,909		38,245

		72,839		104,556
Creditors: Amounts Falling Due Within One Year	7	(526,587 )		(425,114 )

NET CURRENT ASSETS (LIABILITIES)			(453,748 )		(320,558 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(173,297 )		(40,107 )

NET LIABILITIES			(173,297 )		(40,107 )

CAPITAL AND RESERVES
Called up share capital	8		10		10
Income Statement			(173,307 )		(40,117 )

SHAREHOLDERS' FUNDS			(173,297)		(40,107)

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Chapel Market Kitchen Limited

Statement of Financial Position (continued)

As At 31 March 2025

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 members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement.

On behalf of the board

Amir Gotlib

Director

15/12/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Chapel Market Kitchen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15202675 . The registered office is 2 Chapel Market, London, N1 9EZ.

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses.

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 11 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 April 2024	280,451

As at 31 March 2025	280,451

Net Book Value
As at 31 March 2025	280,451

As at 1 April 2024	280,451

5. Stocks

	31 March 2025	31 March 2024
	£	£
Finished goods	23,625	18,000

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Chapel Market Kitchen Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	10,305	3,708
Other debtors	25,000	25,000
VAT	-	19,603

	35,305	48,311

7. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Trade creditors	17,879	40,912
Other loans	432,574	357,498
Other taxes and social security	9,221	4,172
VAT	35,900	-
Net wages	21,758	21,755
Other creditors	1,155	777
Accruals and deferred income	8,100	-

	526,587	425,114

8. Share Capital

	31 March 2025	31 March 2024
	£	£
Allotted, Called up and fully paid	10	10

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