Company Registration No. 11625596 (England and Wales)
Top Value Limited
Unaudited accounts
for the year ended 31 December 2022
Top Value Limited
Unaudited accounts
Contents
Top Value Limited
Company Information
for the year ended 31 December 2022
Company Number
11625596 (England and Wales)
Registered Office
C/O Interactive Media Britain Ltd
308a St. Clare House
30-33 Minories
London
EC3N 1DD
England
Accountants
Anthony Daniel Associates
10 Julian Place
London
E14 3AT
Top Value Limited
Statement of financial position
as at 31 December 2022
Investments
1,762,065
1,262,065
Cash at bank and in hand
33,315
71,931
Creditors: amounts falling due within one year
(1,139,223)
(1,139,205)
Net current liabilities
(680,035)
(180,770)
Net assets
1,082,030
1,081,295
Called up share capital
115
115
Share premium
1,137,064
1,137,064
Profit and loss account
(55,149)
(55,884)
Shareholders' funds
1,082,030
1,081,295
For the year ending 31 December 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 his 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 12 October 2023 and were signed on its behalf by
Shoufeng Sun
Director
Company Registration No. 11625596
Top Value Limited
Notes to the Accounts
for the year ended 31 December 2022
Top Value Limited is a private company, limited by shares, registered in England and Wales, registration number 11625596. The registered office is C/O Interactive Media Britain Ltd, 308a St. Clare House, 30-33 Minories, London, EC3N 1DD, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2022
1,262,065
Valuation at 31 December 2022
1,762,065
Amounts falling due within one year
Amounts due from group undertakings etc.
186,529
647,160
Other debtors
239,344
239,344
Top Value Limited
Notes to the Accounts
for the year ended 31 December 2022
6
Creditors: amounts falling due within one year
2022
2021
Other creditors
1,137,979
1,137,979
7
Average number of employees
During the year the average number of employees was 1 (2021: 1).