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Company Registration No. 14387175 (England and Wales)
Top Glory (London) Ltd Unaudited accounts for the period from 11 January 2023 to 30 September 2023
Top Glory (London) Ltd Unaudited accounts Contents
Page
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Top Glory (London) Ltd Company Information for the period from 11 January 2023 to 30 September 2023
Directors
Ruyuan Xu Jun Hao Yunnu Chen
Secretary
Dian Huang
Company Number
14387175 (England and Wales)
Registered Office
9 St. Clare Street London EC3N 1LQ England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Top Glory (London) Ltd Statement of financial position as at 30 September 2023
2023 
Notes
£ 
Called up share capital not paid
1,000 
Fixed assets
Tangible assets
960 
Current assets
Debtors
191,947 
Cash at bank and in hand
240,223 
432,170 
Creditors: amounts falling due within one year
(375,254)
Net current assets
56,916 
Net assets
58,876 
Capital and reserves
Called up share capital
2,000 
Profit and loss account
56,876 
Shareholders' funds
58,876 
For the period ending 30 September 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 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by
Ruyuan Xu Director Company Registration No. 14387175
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Top Glory (London) Ltd Notes to the Accounts for the period from 11 January 2023 to 30 September 2023
1
Statutory information
Top Glory (London) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14387175. The registered office is 9 St. Clare Street, London, EC3N 1LQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% on cost
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Top Glory (London) Ltd Notes to the Accounts for the period from 11 January 2023 to 30 September 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 11 January 2023
- 
Additions
1,200 
At 30 September 2023
1,200 
Depreciation
Charge for the period
240 
At 30 September 2023
240 
Net book value
At 30 September 2023
960 
5
Debtors
2023 
£ 
Amounts falling due within one year
VAT
46,902 
Trade debtors
145,045 
191,947 
6
Creditors: amounts falling due within one year
2023 
£ 
Trade creditors
270,384 
Taxes and social security
16,466 
Proposed dividends
2,000 
Loans from directors
2,112 
Accruals
84,292 
375,254 
7
Share capital
2023 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1,000 each
2,000 
8
Average number of employees
During the period the average number of employees was 3.
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