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Registered number: 04921510
Katsouris Delicatessen Limited
Financial Statements
For The Year Ended 30 April 2025
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 04921510
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 50,319 61,541
50,319 61,541
CURRENT ASSETS
Stocks 6 19,203 23,002
Debtors 7 4,456 3,727
Cash at bank and in hand 34,201 60,457
57,860 87,186
Creditors: Amounts Falling Due Within One Year 8 (78,854 ) (95,516 )
NET CURRENT ASSETS (LIABILITIES) (20,994 ) (8,330 )
TOTAL ASSETS LESS CURRENT LIABILITIES 29,325 53,211
Creditors: Amounts Falling Due After More Than One Year 9 (2,500 ) (12,500 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (9,264 ) (12,663 )
NET ASSETS 17,561 28,048
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 17,461 27,948
SHAREHOLDERS' FUNDS 17,561 28,048
Page 1
Page 2
For the year ending 30 April 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 her 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
Mrs Sofia Constantinou
Director
03/11/2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Katsouris Delicatessen Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04921510 . The registered office is 22-25 Market Square, Bury, BL9 0BD.
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.

2.3. Intangible Fixed Assets and Amortisation - Goodwill
Intnangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
2.4. 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 0% Straight balance
Plant & Machinery 15% Reducing balance
Motor Vehicles 25% Straight balance
Fixtures & Fittings 15% Reduing balance
Computer Equipment 15% Reducing balance
2.5. 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.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are 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 and deferred tax are recognised in other comprehensive income or directly in equity respectively.
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2.7. Government Grant
Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.
Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

3. Average Number of Employees
Average number of employees, including directors, during the year was: 17 (2024: 18)
17 18
4. Intangible Assets
Goodwill
£
Cost
As at 1 May 2024 194,336
As at 30 April 2025 194,336
Amortisation
As at 1 May 2024 194,336
As at 30 April 2025 194,336
Net Book Value
As at 30 April 2025 -
As at 1 May 2024 -
5. Tangible Assets
Land & Property
Leasehold Plant & Machinery Motor Vehicles Fixtures & Fittings
£ £ £ £
Cost
As at 1 May 2024 1 185,500 14,245 247,834
Additions - - - 1,433
Disposals - - - (14,245 )
As at 30 April 2025 1 185,500 14,245 235,022
Depreciation
As at 1 May 2024 - 155,771 9,987 221,931
Provided during the period - 4,459 - 4,100
Disposals - - - (9,987 )
As at 30 April 2025 - 160,230 9,987 216,044
Net Book Value
As at 30 April 2025 1 25,270 4,258 18,978
As at 1 May 2024 1 29,729 4,258 25,903
Page 4
Page 5
Computer Equipment Total
£ £
Cost
As at 1 May 2024 7,155 454,735
Additions 482 1,915
Disposals - (14,245 )
As at 30 April 2025 7,637 442,405
Depreciation
As at 1 May 2024 5,505 393,194
Provided during the period 320 8,879
Disposals - (9,987 )
As at 30 April 2025 5,825 392,086
Net Book Value
As at 30 April 2025 1,812 50,319
As at 1 May 2024 1,650 61,541
6. Stocks
2025 2024
£ £
Materials 19,203 23,002
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 1,193 -
Prepayments and accrued income 3,263 3,727
4,456 3,727
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 46,710 59,608
Bank loans and overdrafts 10,000 9,900
Corporation tax 4,854 3,707
Other taxes and social security 1,226 299
VAT 5,104 5,465
Net wages - 7,000
Other creditors 1,079 132
Accruals and deferred income 9,227 6,900
Director's loan account 654 2,505
78,854 95,516
Page 5
Page 6
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 2,500 12,500
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 6