TOPSERVE AUTOS LIMITED

Company Registration Number:
04741527 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

TOPSERVE AUTOS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

TOPSERVE AUTOS LIMITED

Balance sheet

As at 31 May 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 5,950 6,800
Tangible assets: 4 849,464 745,818
Investments:   0 0
Total fixed assets: 855,414 752,618
Current assets
Stocks: 1,380 1,380
Debtors:   27,150 51,924
Cash at bank and in hand: 21,872 34,752
Investments:   0 0
Total current assets: 50,402 88,056
Creditors: amounts falling due within one year: 5 (238,693) (190,981)
Net current assets (liabilities): (188,291) (102,925)
Total assets less current liabilities: 667,123 649,693
Creditors: amounts falling due after more than one year: 6 (304,938) (317,688)
Provision for liabilities: (11,803) (8,631)
Total net assets (liabilities): 350,382 323,374
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 350,282 323,274
Shareholders funds: 350,382 323,374

The notes form part of these financial statements

TOPSERVE AUTOS LIMITED

Balance sheet statements

For the year ending 31 May 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 23 November 2023
and signed on behalf of the board by:

Name: Mr ID Kerry
Status: Director

The notes form part of these financial statements

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 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

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 6 6

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Intangible Assets

Total
Cost £
At 01 June 2022 17,000
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2023 17,000
Amortisation
At 01 June 2022 10,200
Charge for year 850
On disposals 0
Other adjustments 0
At 31 May 2023 11,050
Net book value
At 31 May 2023 5,950
At 31 May 2022 6,800

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible Assets

Total
Cost £
At 01 June 2022 874,489
Additions 116,694
Disposals 0
Revaluations 0
Transfers 0
At 31 May 2023 991,183
Depreciation
At 01 June 2022 128,671
Charge for year 13,048
On disposals 0
Other adjustments 0
At 31 May 2023 141,719
Net book value
At 31 May 2023 849,464
At 31 May 2022 745,818

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

Trade creditors £39823Taxation and social security £20019Other creditors £178851

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due after more than one year note

Bank loans £304938

TOPSERVE AUTOS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

7. Related party transactions

Name of the related party: Mr I D Kerry
Relationship:
Sole director and shareholder
Description of the Transaction: Loan to company £90000At 31st of May 2023 Mr ID Kerry is owed £177197At 31st May 2022, £87197
£
Balance at 01 June 2022 87,197
Balance at 31 May 2023 177,197