The Topping Pie Company (Retail) Ltd 07821677 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is Manufacture of bread; manufacture of fresh pastry goods and cakes Digita Accounts Production Advanced 6.30.9574.0 true 07821677 2023-04-01 2024-03-31 07821677 2024-03-31 07821677 core:CurrentFinancialInstruments 2024-03-31 07821677 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07821677 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 07821677 bus:SmallEntities 2023-04-01 2024-03-31 07821677 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07821677 bus:FullAccounts 2023-04-01 2024-03-31 07821677 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07821677 bus:Director1 2023-04-01 2024-03-31 07821677 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07821677 countries:AllCountries 2023-04-01 2024-03-31 07821677 2022-04-01 2023-03-31 07821677 2023-03-31 07821677 core:CurrentFinancialInstruments 2023-03-31 07821677 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07821677 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07821677

The Topping Pie Company (Retail) Ltd

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

The Topping Pie Company (Retail) Ltd

(Registration number: 07821677)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

3

19,465

24,946

Cash at bank and in hand

 

80

182

 

19,545

25,128

Creditors: Amounts falling due within one year

4

(13,254)

(13,254)

Total assets less current liabilities

 

6,291

11,874

Creditors: Amounts falling due after more than one year

4

(7,500)

(13,500)

Net liabilities

 

(1,209)

(1,626)

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

(1,211)

(1,628)

Shareholders' deficit

 

(1,209)

(1,626)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 30 July 2024 and signed on its behalf by:
 

.........................................

Mr Roger John Albert Topping
Director

 

The Topping Pie Company (Retail) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

The company ceased trading on 31 March 2020

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Unrelieved tax losses and other deferred tax assets shall be 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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.
 

 

The Topping Pie Company (Retail) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

3

Debtors

2024
£

2023
£

Other debtors

19,465

24,946

19,465

24,946

4

Creditors

Creditors: amounts falling due within one year

2024
 £

2023
 £

Due within one year

Bank loans

6,000

6,000

Other payables

7,254

7,254

13,254

13,254

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

 

Bank loans

7,500

13,500