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REGISTERED NUMBER: 07523705 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 July 2022

for

Clare Topham & Co Ltd

Clare Topham & Co Ltd (Registered number: 07523705)






Contents of the Financial Statements
for the Year Ended 31 July 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Clare Topham & Co Ltd

Company Information
for the Year Ended 31 July 2022







DIRECTOR: Miss Clare Topham





REGISTERED OFFICE: Top Floor Suite
St Mary's House
2 St Mary's Road
Shoreham by Sea
West Sussex
BN43 5ZA





REGISTERED NUMBER: 07523705 (England and Wales)

Clare Topham & Co Ltd (Registered number: 07523705)

Balance Sheet
31 July 2022

31.7.22 31.7.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,649 7,164

CURRENT ASSETS
Debtors 5 19,928 20,946
Cash at bank 89,918 8,425
109,846 29,371
CREDITORS
Amounts falling due within one year 6 67,028 33,334
NET CURRENT ASSETS/(LIABILITIES) 42,818 (3,963 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,467

3,201

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 47,466 3,200
SHAREHOLDERS' FUNDS 47,467 3,201

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the director and authorised for issue on 8 September 2022 and were signed by:





Miss Clare Topham - Director


Clare Topham & Co Ltd (Registered number: 07523705)

Notes to the Financial Statements
for the Year Ended 31 July 2022

1. STATUTORY INFORMATION

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

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 balance sheet date.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

Clare Topham & Co Ltd (Registered number: 07523705)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2021
and 31 July 2022 10,369
DEPRECIATION
At 1 August 2021 3,205
Charge for year 2,515
At 31 July 2022 5,720
NET BOOK VALUE
At 31 July 2022 4,649
At 31 July 2021 7,164

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Trade debtors 17,300 5,870
Other debtors 2,628 15,076
19,928 20,946

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.22 31.7.21
£    £   
Bank loans and overdrafts 28,824 30,000
Trade creditors 4,196 7,863
Taxation and social security 33,273 (4,572 )
Other creditors 735 43
67,028 33,334

7. SECURED DEBTS

The following secured debts are included within creditors:

31.7.22 31.7.21
£    £   
Bank loans 28,824 30,000

8. ULTIMATE CONTROLLING PARTY

The controlling party is Miss Clare Topham.