Crazy Cook Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 09546031 (England and Wales)

Crazy Cook Ltd

Abridged Unaudited Financial Statements

for the Year Ended 30 April 2017

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Statement of Financial Position

3

Notes to the Financial Statements

5

DIRECTOR:

Mr F Yavuz

SECRETARY:

REGISTERED OFFICE:

1st Floor 16-20 High Road

London

N22 6BX

REGISTERED NUMBER:

09546031 (England and Wales)

ACCOUNTANTS:

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to

file a Statement of Financial Position. Readers are cautioned that the Abridged Income Statement and certain

other primary statements and the Report of the Director are not required to be filed with the Registrar of

Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Crazy Cook Ltd for the year ended 30 April 2017 which comprise the Abridged Statement of

Income and Retained Earnings, Abridged Statement of Financial Position and the related notes from the company's

accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Crazy Cook Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Crazy Cook Ltd and state those matters that we have agreed to state to the director of Crazy Cook Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crazy Cook Ltd and its director for our work or for this report.

It is your duty to ensure that Crazy Cook Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Crazy Cook Ltd. You consider that Crazy Cook Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Crazy Cook Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Alton & Co

Chartered Accountants

239-241 Kennington Lane

London

SE11 5QU

28 February 2018

FIXED ASSETS

Property, plant and equipment

4

151,283

20,920

CURRENT ASSETS

Inventories

52,738

-

Debtors

22,939

5,884

Cash at bank and in hand

47,335

100

123,012

5,984

CREDITORS

Amounts falling due within one year

158,892

36,654

NET CURRENT LIABILITIES

(35,880

)

(30,670

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

115,403

(9,750

)

PROVISIONS FOR LIABILITIES

5

28,473

-

NET ASSETS/(LIABILITIES)

86,930

(9,750

)

CAPITAL AND RESERVES

Called up share capital

6

100

Retained earnings

7

86,830

(9,850

)

SHAREHOLDERS' FUNDS

86,930

(9,750

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Statement of Financial Position for the year ended 30 April 2017 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director on 28 February 2018 and were signed by:

Mr F Yavuz - Director

1.	STATUTORY INFORMATION

Crazy Cook 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Stocks

Inventories 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2016 - 1 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Totals

£

COST

At 1 May 2016

27,893

Additions

165,274

At 30 April 2017

193,167

DEPRECIATION

At 1 May 2016

6,973

Charge for year

34,911

At 30 April 2017

41,884

NET BOOK VALUE

At 30 April 2017

151,283

At 30 April 2016

20,920

5.	PROVISIONS FOR LIABILITIES

2017

2016

£

Deferred tax

28,473

-

Deferred

tax

£

Provided during year

28,473

Balance at 30 April 2017

28,473

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

100

Ordinary

£1

100

7.

RESERVES

Retained

earnings

£

At 1 May 2016

(9,850

)

Profit for the year

143,680

Dividends

(47,000

)

At 30 April 2017

86,830

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £25,850 were paid to the directors .

Included in other creditors at the year end is an amount of £4,119 due to the director of the company, Mr F

Yavuz.This is an interest free loan to the company and payable on demand.

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr F Yavuz.

Crazy Cook Ltd - Accounts to registrar (filleted) - small 17.3

Crazy Cook Ltd - Accounts to registrar (filleted) - small 17.3