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REGISTERED NUMBER: 06584434 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

TOP HOUSE MORTGAGE SOLUTIONS LIMITED

TOP HOUSE MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 06584434)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023










Page

Balance Sheet 1

Notes to the Financial Statements 3


TOP HOUSE MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 06584434)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 479 1,629
Tangible assets 5 3,566 4,755
4,045 6,384

CURRENT ASSETS
Debtors 6 27,986 40,075
Cash at bank 203,800 240,362
231,786 280,437
CREDITORS
Amounts falling due within one year 7 75,045 72,558
NET CURRENT ASSETS 156,741 207,879
TOTAL ASSETS LESS CURRENT
LIABILITIES

160,786

214,263

CREDITORS
Amounts falling due after more than one
year

8

(20,765

)

(30,765

)

PROVISIONS FOR LIABILITIES (678 ) (904 )
NET ASSETS 139,343 182,594

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 139,243 182,494
139,343 182,594

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 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.

TOP HOUSE MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 06584434)

BALANCE SHEET - continued
31ST MAY 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6th September 2023 and were signed by:





Mrs J A Sutton - Director


TOP HOUSE MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 06584434)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023


1. STATUTORY INFORMATION

Top House Mortgage Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 06584434

Registered office: Victoria House
Lowside
Outwell
Wisbech
Cambridgeshire
PE14 8RE

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise fees are being amortised evenly over their estimated useful life of fifteen years.

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

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

TOP HOUSE MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 06584434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1st June 2022
and 31st May 2023 17,250
AMORTISATION
At 1st June 2022 15,621
Charge for year 1,150
At 31st May 2023 16,771
NET BOOK VALUE
At 31st May 2023 479
At 31st May 2022 1,629

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2022
and 31st May 2023 15,615
DEPRECIATION
At 1st June 2022 10,860
Charge for year 1,189
At 31st May 2023 12,049
NET BOOK VALUE
At 31st May 2023 3,566
At 31st May 2022 4,755

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 11,861 36,499
Other debtors 16,125 3,576
27,986 40,075

TOP HOUSE MORTGAGE SOLUTIONS LIMITED (REGISTERED NUMBER: 06584434)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 9,745
Trade creditors 1,566 -
Taxation and social security 882 11,957
Other creditors 62,597 50,856
75,045 72,558

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 20,765 30,765