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REGISTERED NUMBER: 03664064 (England and Wales)















TOP SERVICE (HOLDINGS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2023






TOP SERVICE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03664064)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 30 SEPTEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TOP SERVICE (HOLDINGS) LIMITED

COMPANY INFORMATION
For The Year Ended 30 SEPTEMBER 2023







DIRECTORS: Ms L M Cardus
K Halligan





REGISTERED OFFICE: Unit 2-3
Regents Court
Farmoor Lane
Redditch
Worcestershire
B98 0SD





REGISTERED NUMBER: 03664064 (England and Wales)





ACCOUNTANTS: Charles Lovell & Co Limited
Chartered Certified Accountants
and Statutory Auditors
8 Church Green East
Redditch
Worcestershire
B98 8BP

TOP SERVICE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03664064)

BALANCE SHEET
30 SEPTEMBER 2023

30.9.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 403,549 409,700
Investments 5 574 574
404,123 410,274

CURRENT ASSETS
Debtors 6 663,434 597,932
Cash at bank 970,909 856,470
1,634,343 1,454,402
CREDITORS
Amounts falling due within one year 7 34,260 14,077
NET CURRENT ASSETS 1,600,083 1,440,325
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,004,206

1,850,599

CAPITAL AND RESERVES
Called up share capital 1,070 1,070
Retained earnings 2,003,136 1,849,529
SHAREHOLDERS' FUNDS 2,004,206 1,850,599

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 6 February 2024 and were signed on its behalf by:





Ms L M Cardus - Director


TOP SERVICE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03664064)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 30 SEPTEMBER 2023


1. STATUTORY INFORMATION

Top Service (Holdings) Limited 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.

Preparation of consolidated financial statements
The financial statements contain information about Top Service (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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.

Investments in subsidiaries and associates
Investments in subsidiary and associate undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

TOP SERVICE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03664064)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 SEPTEMBER 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 470,775 11,157 481,932
DEPRECIATION
At 1 October 2022 61,200 11,032 72,232
Charge for year 6,120 31 6,151
At 30 September 2023 67,320 11,063 78,383
NET BOOK VALUE
At 30 September 2023 403,455 94 403,549
At 30 September 2022 409,575 125 409,700

5. FIXED ASSET INVESTMENTS
Shares in Interest
group in
undertakings associate Totals
£    £    £   
COST
At 1 October 2022
and 30 September 2023 570 4 574
NET BOOK VALUE
At 30 September 2023 570 4 574
At 30 September 2022 570 4 574

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Amounts owed by group undertakings 1,825 1,325
Other debtors 661,609 596,607
663,434 597,932

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.23 30.9.22
£    £   
Taxation and social security 32,468 11,979
Other creditors 1,792 2,098
34,260 14,077

TOP SERVICE (HOLDINGS) LIMITED (REGISTERED NUMBER: 03664064)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 30 SEPTEMBER 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2023 and 30 September 2022:

30.9.23 30.9.22
£    £   
Ms L M Cardus
Balance outstanding at start of year 136,215 135,717
Amounts advanced 43,010 2,898
Amounts repaid (6,000 ) (2,400 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 173,225 136,215

The loan to the director carries an interest rate of 2.00% (2022: 2.00%).

9. RELATED PARTY DISCLOSURES

During the year, the company received dividends from the ordinary shares held in associated companies totalling £170,802 (2022 £249,836).

During the year the company received rent of £42,016 (2022 £41,833) from a subsidiary company.

As at the balance sheet date, Top Service (Holdings) Limited was owed £433,806 (2022 £418,251) from an associated company, with an interest rate of 2.5% above base rate being charged per annum .The loan is repayable on demand by the lender.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Top Service Trading Group (Holdings) Limited.

The ultimate controlling party is Ms L M Cardus.