Korzinka Minimarket Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 13752349 (England and Wales)

Financial Statements for the Year Ended 31 August 2025

for

Korzinka Minimarket Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Dogan

REGISTERED OFFICE:

30 Field Street

Boston

United Kingdom

Lincolnshire

PE21 6TR

REGISTERED NUMBER:

13752349 (England and Wales)

ACCOUNTANTS:

Musalar & Co Accountants

International Accountant &Tax Consultant

FAIA, FFA, FIPA,,FFTA

536 Lordship Lane

London

N22 5BY

FIXED ASSETS

Intangible assets

4

170,001

Tangible assets

5

55,818

73,943

225,819

243,944

CURRENT ASSETS

Stocks

6

247,125

147,125

Debtors

7

6,000

Cash at bank and in hand

2,563

52,355

255,688

205,480

CREDITORS

Amounts falling due within one year

8

421,323

352,307

NET CURRENT LIABILITIES

(165,635

)

(146,827

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,184

97,117

CREDITORS

Amounts falling due after more than one
year

9

30,235

50,000

NET ASSETS

29,949

47,117

CAPITAL AND RESERVES

Called up share capital

10

4

Retained earnings

11

29,945

47,113

SHAREHOLDERS' FUNDS

29,949

47,117

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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 29 May 2026 and were signed by:

S Dogan - Director

1.	STATUTORY INFORMATION

Korzinka Minimarket Ltd is a private company, limited by shares , registered in England and Wales. 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.

Turnover

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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 15 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

170,001

NET BOOK VALUE

At 31 August 2025

170,001

At 31 August 2024

170,001

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 September 2024

121,179

Additions

7,638

At 31 August 2025

128,817

DEPRECIATION

At 1 September 2024

47,236

Charge for year

25,763

At 31 August 2025

72,999

NET BOOK VALUE

At 31 August 2025

55,818

At 31 August 2024

73,943

6.

STOCKS

31.8.25

31.8.24

£

Stocks

247,125

147,125

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Rent deposit

6,000

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

Trade creditors

64,652

3,715

Paye

7,118

2,424

VAT

3,672

287

Directors' current accounts

345,881

421,323

352,307

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.8.25

31.8.24

£

Bank loans more 5 yr by instal

30,235

50,000

31.8.25

31.8.24

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

30,235

50,000

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.25

31.8.24

value:

£

1

Ordinary shares class A

4

11.

RESERVES

Retained

earnings

£

At 1 September 2024

47,113

Deficit for the year

(17,168

)

At 31 August 2025

29,945