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Company Registration No. 9942618 (England and Wales)
TOPMUSE LIMITED Unaudited accounts for the year ended 31 January 2022
TOPMUSE LIMITED Unaudited accounts Contents
Page
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TOPMUSE LIMITED Company Information for the year ended 31 January 2022
Director
Miss Ji Eun Cha
Company Number
9942618 (England and Wales)
Registered Office
FLAT 12 BOSWELL HOUSE BOSEWELL STREET LONDON WC1N 3PR UK
Accountants
Kapook Accountancy Certified Practising Accountants (ICPA) 94 Caledonian Road London N1 9DN
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TOPMUSE LIMITED Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,433 
3,643 
Current assets
Inventories
5,010 
9,820 
Debtors
13,845 
18,731 
Cash at bank and in hand
27,716 
75,514 
46,571 
104,065 
Creditors: amounts falling due within one year
(1,997)
(16,878)
Net current assets
44,574 
87,187 
Total assets less current liabilities
51,007 
90,830 
Creditors: amounts falling due after more than one year
(43,333)
(50,000)
Net assets
7,674 
40,830 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,574 
40,730 
Shareholders' funds
7,674 
40,830 
For the year ending 31 January 2022 the company was entitled to exemption from audit 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 1 September 2022 and were signed on its behalf by
Miss Ji Eun Cha Director Company Registration No. 9942618
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TOPMUSE LIMITED Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
TOPMUSE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 9942618. The registered office is FLAT 12 BOSWELL HOUSE, BOSEWELL STREET, LONDON, WC1N 3PR, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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TOPMUSE LIMITED Notes to the Accounts for the year ended 31 January 2022
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2021
362 
7,569 
7,931 
Additions
- 
4,935 
4,935 
At 31 January 2022
362 
12,504 
12,866 
Depreciation
At 1 February 2021
248 
4,040 
4,288 
Charge for the year
29 
2,116 
2,145 
At 31 January 2022
277 
6,156 
6,433 
Net book value
At 31 January 2022
85 
6,348 
6,433 
At 31 January 2021
114 
3,529 
3,643 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
13,845 
18,731 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
1,793 
8,412 
Other creditors
204 
8,466 
1,997 
16,878 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
43,333 
50,000 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2021: 2).
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