TOP GEAR ALLOYS LTD

Company Registration Number:
NI660216 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 April 2023

Period of accounts

Start date: 01 May 2022

End date: 30 April 2023

TOP GEAR ALLOYS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Notes

TOP GEAR ALLOYS LTD

Balance sheet

As at 30 April 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 47,758 40,400
Total fixed assets: 47,758 40,400
Current assets
Stocks: 643,210 510,857
Debtors:   77,642 64,264
Cash at bank and in hand: 21,542 5,575
Total current assets: 742,394 580,696
Creditors: amounts falling due within one year:   (452,764) (388,355)
Net current assets (liabilities): 289,630 192,341
Total assets less current liabilities: 337,388 232,741
Creditors: amounts falling due after more than one year:   (84,818) (30,625)
Total net assets (liabilities): 252,570 202,116
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 252,569 202,115
Shareholders funds: 252,570 202,116

The notes form part of these financial statements

TOP GEAR ALLOYS LTD

Balance sheet statements

For the year ending 30 April 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 31 January 2024
and signed on behalf of the board by:

Name: P Moran
Status: Director

The notes form part of these financial statements

TOP GEAR ALLOYS LTD

Notes to the Financial Statements

for the Period Ended 30 April 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 GEAR ALLOYS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

2. Employees

2023 2022
Average number of employees during the period 11 9

TOP GEAR ALLOYS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible Assets

Total
Cost £
At 01 May 2022 58,694
Additions 17,403
At 30 April 2023 76,097
Depreciation
At 01 May 2022 18,294
Charge for year 10,045
At 30 April 2023 28,339
Net book value
At 30 April 2023 47,758
At 30 April 2022 40,400