Company Registration No. 04711464 (England and Wales)
Topright Design Limited
Unaudited accounts
for the year ended 31 March 2023
Topright Design Limited
Unaudited accounts
Contents
Topright Design Limited
Company Information
for the year ended 31 March 2023
Directors
Adam Bloomfield
Nicholas John Mackey
Company Number
04711464 (England and Wales)
Registered Office
The Studio, Stainton House Headley Road
Grayshott
Hindhead
Surrey
GU26 6LB
United Kingdom
Accountants
Regal Accountants Limited
Suite 110, Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Topright Design Limited
for the year ended 31 March 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Topright Design Limited for the year ended
31 March 2023 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Regal Accountants Limited
Chartered Certified Accountants
Suite 110, Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH
24 October 2023
Topright Design Limited
Statement of financial position
as at 31 March 2023
Intangible assets
18,000
18,000
Tangible assets
2,274
3,032
Cash at bank and in hand
57,424
23,394
Creditors: amounts falling due within one year
(26,936)
(17,444)
Net current assets
41,444
10,699
Called up share capital
2
2
Profit and loss account
61,716
31,729
Shareholders' funds
61,718
31,731
For the year ending 31 March 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by
Adam Bloomfield
Director
Company Registration No. 04711464
Topright Design Limited
Notes to the Accounts
for the year ended 31 March 2023
Topright Design Limited is a private company, limited by shares, registered in England and Wales, registration number 04711464. The registered office is The Studio, Stainton House Headley Road, Grayshott , Hindhead, Surrey, GU26 6LB, United Kingdom.
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.
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% RBM
Computer equipment
25% RBM
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Topright Design Limited
Notes to the Accounts
for the year ended 31 March 2023
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
4,728
26,348
31,076
At 31 March 2023
4,728
26,348
31,076
At 1 April 2022
4,015
24,029
28,044
Charge for the year
178
580
758
At 31 March 2023
4,193
24,609
28,802
At 31 March 2023
535
1,739
2,274
At 31 March 2022
713
2,319
3,032
Amounts falling due within one year
Trade debtors
10,956
4,749
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
3,015
1,978
Taxes and social security
13,047
7,142
Loans from directors
8,049
7,069
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).