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Company Registration No. 11625596 (England and Wales)
Top Value Limited Unaudited accounts for the year ended 31 December 2023
Top Value Limited Unaudited accounts Contents
Page
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Top Value Limited Company Information for the year ended 31 December 2023
Director
Shoufeng Sun
Company Number
11625596 (England and Wales)
Registered Office
C/O Interactive Media Britain Ltd 308a St. Clare House 30-33 Minories London EC3N 1DD England
Accountants
Anthony Daniel Associates Ltd 10 Julian Place London E14 3AT
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Top Value Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investments
1,762,065 
1,762,065 
Current assets
Debtors
417,145 
425,873 
Cash at bank and in hand
40,704 
33,315 
457,849 
459,188 
Creditors: amounts falling due within one year
(1,139,223)
(1,139,223)
Net current liabilities
(681,374)
(680,035)
Net assets
1,080,691 
1,082,030 
Capital and reserves
Called up share capital
115 
115 
Share premium
1,137,064 
1,137,064 
Profit and loss account
(56,488)
(55,149)
Shareholders' funds
1,080,691 
1,082,030 
For the year ending 31 December 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 director acknowledges his 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 and authorised for issue on 3 September 2024 and were signed on its behalf by
Shoufeng Sun Director Company Registration No. 11625596
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Top Value Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Top Value Limited is a private company, limited by shares, registered in England and Wales, registration number 11625596. The registered office is C/O Interactive Media Britain Ltd, 308a St. Clare House, 30-33 Minories, London, EC3N 1DD, 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 remained unchanged from the previous year, and also 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2023
1,762,065 
Valuation at 31 December 2023
1,762,065 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
177,801 
186,529 
Other debtors
239,344 
239,344 
417,145 
425,873 
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Top Value Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
613 
613 
Other creditors
1,137,979 
1,137,979 
Accruals
631 
631 
1,139,223 
1,139,223 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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