2023-09-30-accounts - Kirkisrak Community House

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Registered number 06701129

KIRKISRAK COMMUNITY HOUSE LIMITED

Report and Accounts

30 September 2023

KIRKISRAK COMMUNITY HOUSE LIMITED Report and accounts Contents

	Page
Company information	1
Directors' report	2
Accountants' report	3
Profit and loss account	4
Balance sheet	5
Statement of changes in equity	6
Notes to the accounts	7

KIRKISRAK COMMUNITY HOUSE LIMITED Company Information

Directors

Emine Caliskan Erdal Dogan Elif Gurgur

Accountants

Pure Accounting 355 High Road Wood Green London United Kingdom N22 8JA

Registered office

4-6 Derby Road

Enfield Middlesex EN3 4AN

Registered number 06701129

KIRKISRAK COMMUNITY HOUSE LIMITED Registered number: 06701129 Directors' Report

The directors present their report and accounts for the year ended 30 September 2023.

Principal activities

The company's principal activity during the year continued to be community social work activities.

Directors

The following persons served as directors during the year:

Emine Caliskan Erdal Dogan Elif Gurgur

Small company provisions

This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.

This report was approved by the board on 26 June 2024 and signed on its behalf.

Emine Caliskan

Director

KIRKISRAK COMMUNITY HOUSE LIMITED

Accountants' Report

Accountants' report to the directors of KIRKISRAK COMMUNITY HOUSE LIMITED

You consider that the company is exempt from an audit for the year ended 30 September 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.

In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.

We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.

Pure Accounting Accountants

355 High Road Wood Green London United Kingdom N22 8JA

26 June 2024

KIRKISRAK COMMUNITY HOUSE LIMITED Profit and Loss Account for the year ended 30 September 2023

Turnover Cost of sales Gross profit Administrative expenses Operating (loss)/profit Profit on the disposal of tangible fixed assets Profit on the disposal of investments Gain on revaluation of investments Income from investments Interest receivable Interest payable (Loss)/profit before taxation Tax on (loss)/profit (Loss)/profit for the financial year	2023 £ 57,150 - 57,150 (60,910) (3,760) - - - - - - (3,760) - (3,760)	2022 £ 71,906 - 71,906 (69,017) 2,889 - - - - - - 2,889 - 2,889

KIRKISRAK COMMUNITY HOUSE LIMITED Registered number: 06701129 Balance Sheet as at 30 September 2023

Notes Fixed assets Tangible assets 3 Current assets Stocks Debtors 4 Cash at bank and in hand Creditors: amounts falling due within one year 5 Net current assets Total assets less current liabilities Net assets Capital and reserves Called up share capital Share premium Revaluation reserve Profit and loss account Shareholders' funds	- - 42,405 42,405 53	2023 £ 227 227 42,458 42,685 42,685 - - - 42,685 42,685	2022 £ 252 252 - 2,500 56,312 58,812 (12,619) 46,193 46,445 46,445 - - - 46,445 46,445

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.

The members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their 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.

Emine Caliskan Director Approved by the board on 26 June 2024

KIRKISRAK COMMUNITY HOUSE LIMITED Statement of Changes in Equity for the year ended 30 September 2023

At 1 October 2021 Profit for the financial year Gain on revaluation of land and buildings Deferred taxation arising on the revaluation of land and buildings Other comprehensive income for the financial year Total comprehensive income for the financial year Dividends Shares issued Shares redeemed At 30 September 2022 Correction of prior year errors Effect of retrospective changes in accounting policies At 30 September 2022 as restated At 1 October 2022 Loss for the financial year Gain on revaluation of land and buildings Deferred taxation arising on the revaluation of land and buildings Other comprehensive income for the financial year Total comprehensive income for the financial year Dividends Shares issued Shares redeemed At 30 September 2023	Share capital £ - - - - - - - - - - - - -	Share premium £ - - - - - - - - - - -	Re- valuation reserve £ - - - - - - - - - - - - -	Profit and loss account £ 43,556 2,889 - 2,889 - 46,445 - - 46,445 46,445 (3,760) - (3,760) - 42,685	Total £ 43,556 2,889 - - - 2,889 - - - 46,445 - - 46,445 46,445 (3,760) - - - (3,760) - - - 42,685

KIRKISRAK COMMUNITY HOUSE LIMITED Notes to the Accounts for the year ended 30 September 2023

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:

Freehold buildings	over 50 years
Leasehold land and buildings	over the lease term
Plant and machinery	over 5 years
Fixtures, fittings, tools and equipment	over 5 years

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.

KIRKISRAK COMMUNITY HOUSE LIMITED Notes to the Accounts for the year ended 30 September 2023

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 Average number of persons employed by the company 3 Tangible fixed assets Land and buildings Plant and machinery etc £ £ Cost At 1 October 2022 - 1,802 Additions - - Surplus on revaluation - - Disposals - - At 30 September 2023 - 1,802 Depreciation At 1 October 2022 - 1,550 Charge for the year - 25 Surplus on revaluation - - On disposals - - At 30 September 2023 - 1,575 Net book value At 30 September 2023 - 227 At 30 September 2022 - 252 4 Debtors Prepayments	2023 Number 0 Motor vehicles £ - - - - - - - - - - - - 2023 £ - -	2022 Number 0 Total £ 1,802 - - - 1,802 1,550 25 - - 1,575 227 252 2022 £ 2,500 2,500

KIRKISRAK COMMUNITY HOUSE LIMITED Notes to the Accounts

for the year ended 30 September 2023

5 Creditors: amounts falling due within one year Trade creditors	2023 £ (53) (53)	2022 £ 12,619 12,619

6 Controlling party Emine Caliskan Erdal Dogan Elif Gurgur

7 Other information

KIRKISRAK COMMUNITY HOUSE LIMITED is a private company limited by shares and incorporated in England. Its registered office is: 4-6 Derby Road

Enfield Middlesex EN3 4AN

KIRKISRAK COMMUNITY HOUSE LIMITED

Detailed profit and loss account for the year ended 30 September 2023

This schedule does not form part of the statutory accounts

Sales Cost of sales Gross profit Administrative expenses Operating (loss)/profit Profit on the disposal of tangible fixed assets Profit on the disposal of investments Gain on revaluation of investments Income from investments Interest receivable Interest payable (Loss)/profit before tax	2023 £ 57,150 - 57,150 (60,910) (3,760) - - - - - - (3,760)	2022 £ 71,906 - 71,906 (69,017) 2,889 - - - - - - 2,889

KIRKISRAK COMMUNITY HOUSE LIMITED

Detailed profit and loss account for the year ended 30 September 2023

This schedule does not form part of the statutory accounts

Sales Sales Cost of sales Purchases Administrative expenses Employee costs: Travel & substances Premises costs: Rent Rates Service charges Light and heat Cleaning and waste collections Water General administrative expenses: Telephone and internet Stationery and printing Subscriptions Insurance Equipment expensed Events fees Repairs and maintenance Depreciation Food & Drinks Legal and professional costs: Accountancy fees Consultancy fees Advertising and PR Other legal and professional	2023 £ 57,150 57,150 - - 187 187 30,000 1,934 200 9,019 865 1,279 43,297 1,056 177 159 600 3,016 2,162 2,573 25 3,588 13,356 720 3,000 350 - 4,070 60,910	2022 £ 71,906 71,906 - - - - 30,000 2,314 70 3,954 388 341 37,067 570 3,110 159 582 62 10,800 750 27 3,517 19,577 720 - - 11,653 12,373 69,017