Registered Number:SC476044 |
For the year ended 30 April 2023
Scotland
Unaudited Financial Statements
For the year ended 30 April 2023
Topp Enterprises Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Topp Enterprises Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
54,873
68,761
2
54,873
68,761
1,250
-
3
Trade and other receivables |
2,744
3,736
4
16,507
Cash and cash equivalents |
618
4,354
20,501
Trade and other payables: amounts falling due within one year |
(16,041)
(29,535)
5
4,460
(25,181)
Net current liabilities
Total assets less current liabilities |
29,692
73,221
Trade and other payables: amounts falling due after more than one year |
(29,887)
-
6
29,692
Net assets
43,334
100
100
29,592
43,234
29,692
43,334
Shareholders' funds
For the year ended 30 April 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 of its financial statements for the year ended 30 April 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Gordon Topping Director |
These financial statements were approved and authorised for issue by the Board on 18 April 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2023
Topp Enterprises Ltd
Notes to the Financial Statements
Statutory Information
Topp Enterprises Ltd is a private limited company, limited by shares, domiciled in Scotland, registration number SC476044. |
Kirkland Huntingfaulds Road
Tealing
Dundee
DD4 0QZ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The |
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have |
been prepared under the historical costs convention as modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant & equipment
Motor vehicles
Inventories
Inventories are value at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2. Property, plant and equipment |
Motor vehicles
Plant & equipment
153,704
53,540
100,164
100,164
53,540
153,704
Provision for depreciation and impairment |
84,943
17,798
67,145
Charge for year
13,888
8,935
4,953
98,831
26,733
72,098
28,066
26,807
54,873
33,019
35,742
68,761
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For the year ended 30 April 2023
Topp Enterprises Ltd
Notes to the Financial Statements Continued
2022
2023
-
1,250
4. Trade and other receivables |
2022
2023
3,736
2,744
5. Trade and other payables: amounts falling due within one year |
2022
2023
-
6,321
Taxation and social security |
-
1,413
29,535
8,307
29,535
16,041
6. Trade and other payables: amounts falling due after more than one year |
2022
2023
-
29,887
7. Average number of persons employed |
During the year the average number of employees was 1 (2022 : 3)
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