Chef Metehan Ltd - Filleted accounts

Registered number

13365079

Chef Metehan Ltd

Unaudited Filleted Accounts

31 March 2025

Chef Metehan Ltd
Registered number:		13365079
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		10,149			13,422

Current assets
Stocks		200			200
Debtors	4	(932)			978
Cash at bank and in hand		1,811			108
		1,079			1,286

Creditors: amounts falling due within one year	5	(10,411)			(14,531)

Net current liabilities			(9,332)			(13,245)

Net assets			817			177

Capital and reserves
Called up share capital			100			100
Profit and loss account			717			77

Shareholder's funds			817			177

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Metehan Opak
Director
Approved by the board on 31 July 2025

Chef Metehan Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings, tools and equipment			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		3


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	5,122		15,808		2,500		23,430
	Additions	-		358		-		358
	At 31 March 2025	5,122		16,166		2,500		23,788

	Depreciation
	At 1 April 2024	-		9,383		625		10,008
	Charge for the year	-		3,162		469		3,631
	At 31 March 2025	-		12,545		1,094		13,639

	Net book value
	At 31 March 2025	5,122		3,621		1,406		10,149
	At 31 March 2024	5,122		6,425		1,875		13,422


4	Debtors					2025		2024
£							£

	Trade debtors					(932)		978


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					(1,826)		(328)
	Taxation and social security costs					4,276		1,814
	Other creditors					7,961		13,045
						10,411		14,531


6	Other information

	Chef Metehan Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	32 Avondale Road
	London
	N15 3SJ