Abbreviated Company Accounts - TURKISH CRAFT UK LTD

TURKISH CRAFT UK LTD - Company Information

09232621 TURKISH CRAFT UK LTD 2015-09-30 false 2014-09-24 2015-09-30 true 09232621 2014-09-24 2015-09-30 09232621 2015-09-30 09232621 uk-gaap-cd-bus:Director1 2014-09-24 2015-09-30 09232621 uk-gaap-cd-bus:Director2 2014-09-24 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-09-24 2015-09-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-09-30 iso4217:GBP shares

Registered Number 09232621

TURKISH CRAFT UK LTD

Abbreviated Accounts

30 September 2015

TURKISH CRAFT UK LTD Registered Number 09232621

Abbreviated Balance Sheet as at 30 September 2015

	Notes	2015
		£
Fixed assets
Tangible assets	2	3,625
		3,625
Current assets
Stocks		61,000
Debtors	3	1,500
Cash at bank and in hand		20,908
		83,408
Creditors: amounts falling due within one year	4	(4,282)
Net current assets (liabilities)		79,126
Total assets less current liabilities		82,751
Creditors: amounts falling due after more than one year	4	(32,500)
Accruals and deferred income		(200)
Total net assets (liabilities)		50,051
Capital and reserves
Called up share capital	5	100
Other reserves		2,500
Profit and loss account		47,451
Shareholders' funds		50,051

For the year ending 30 September 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 7 October 2015

And signed on their behalf by:
Mr U.Nafile, Director

TURKISH CRAFT UK LTD Registered Number 09232621

Notes to the Abbreviated Accounts for the period ended 30 September 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover comprises of Revenue, exclusive of Value Added Tax.

Intangible assets amortisation policy
Tangible Fixed Assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the the cost of the Fixed assets, less their estimated residual value, over their useful lives on the following basis : Fixtures & Fittings on a 20% Straight Line Basis, Computer Equipment on a 20% Straight Line Basis

Valuation information and policy
Stock is valued at the lower of Cost and net realisable value.

2Tangible fixed assets

	£
Cost
Additions	4,350
Disposals	-
Revaluations	-
Transfers	-
At 30 September 2015	4,350
Depreciation
Charge for the year	725
On disposals	-
At 30 September 2015	725
Net book values
At 30 September 2015	3,625

Tangible Fixed Assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the the cost of the Fixed assets, less their estimated residual value, over their useful lives on the following basis : Fixtures & Fittings on a 20% Straight Line Basis, Computer Equipment on a 20% Straight Line Basis

3Debtors

	2015 £
Debtors include the following amounts due after more than one year	1,500

Trade Debtors 14 Days Credit Given

4Creditors

	2015 £
Secured Debts	4,282
Instalment debts due after 5 years	32,500

5Called Up Share Capital
Allotted, called up and fully paid:

	2015 £
100 A Ordinary shares of £1 each	100

100 Ordinary £1.00 Shares each share carries one voting right