TOP MEDICS (UK) LIMITED

Company Registration Number:
05048030 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

TOP MEDICS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

TOP MEDICS (UK) LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 508,829 509,038
Total fixed assets: 508,829 509,038
Current assets
Stocks: 1,069,865 1,020,611
Debtors:   131,552 171,024
Cash at bank and in hand: 134,139 302,604
Total current assets: 1,335,556 1,494,239
Creditors: amounts falling due within one year: 4   (988,559)
Net current assets (liabilities): 1,335,556 505,680
Total assets less current liabilities: 1,844,385 1,014,718
Creditors: amounts falling due after more than one year:   (1,027,182)
Provision for liabilities:   (171,262)
Total net assets (liabilities): 817,203 843,456
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 817,201 843,454
Shareholders funds: 817,203 843,456

The notes form part of these financial statements

TOP MEDICS (UK) LIMITED

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2023
and signed on behalf of the board by:

Name: Joseph Chiemeka
Status: Director

The notes form part of these financial statements

TOP MEDICS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

TOP MEDICS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 5 6

TOP MEDICS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 509,038
Additions 2,231
At 28 February 2023 511,269
Depreciation
At 01 March 2022 0
Charge for year 2,440
At 28 February 2023 2,440
Net book value
At 28 February 2023 508,829
At 28 February 2022 509,038

TOP MEDICS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Creditors: amounts falling due within one year note

Bank Loans/Overdrafts £34,297Trade Creditors £983,496Corp Tax £4,260Other Taxes £5,129