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REGISTERED NUMBER: 13529921 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023

FOR

TOP NOTCH PROJECTS LTD

TOP NOTCH PROJECTS LTD (REGISTERED NUMBER: 13529921)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


TOP NOTCH PROJECTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2023







DIRECTOR: J D Selwyn





REGISTERED OFFICE: 54 Woodloes Avenue South
Warwick
West Midlands
CV34 5TQ





REGISTERED NUMBER: 13529921 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

TOP NOTCH PROJECTS LTD (REGISTERED NUMBER: 13529921)

BALANCE SHEET
31 JULY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,016 3,767

CURRENT ASSETS
Cash at bank 5,343 12,131

CREDITORS
Amounts falling due within one year 5 670 4,638
NET CURRENT ASSETS 4,673 7,493
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,689

11,260

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 8,679 11,250
8,689 11,260

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 21 March 2024 and were signed by:





J D Selwyn - Director


TOP NOTCH PROJECTS LTD (REGISTERED NUMBER: 13529921)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023


1. STATUTORY INFORMATION

Top Notch Projects Ltd 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.

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.
Plant and machinery - 15% per annum of cost
Computer equipment - 33% per annum of cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

TOP NOTCH PROJECTS LTD (REGISTERED NUMBER: 13529921)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2023


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 August 2022 2,795 2,076 4,871
Additions 797 1,009 1,806
At 31 July 2023 3,592 3,085 6,677
DEPRECIATION
At 1 August 2022 419 685 1,104
Charge for year - 1,018 1,018
Eliminated on disposal - 539 539
At 31 July 2023 419 2,242 2,661
NET BOOK VALUE
At 31 July 2023 3,173 843 4,016
At 31 July 2022 2,376 1,391 3,767

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,306 120
Taxation and social security (1,872 ) 1,882
Other creditors 1,236 2,636
670 4,638