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Company Registration No. 05179576 (England and Wales)
Topbake Limited Unaudited accounts for the year ended 31 December 2023
Topbake Limited Unaudited accounts Contents
Page
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Topbake Limited Company Information for the year ended 31 December 2023
Directors
Mr Gurjeet Singh Dhillon Mr Manga Singh Dhillon Mr Vipul Sharma
Company Number
05179576 (England and Wales)
Registered Office
Eagle House Stonebridge Road Eagle Way,Northfleet Gravesend Kent DA11 9BJ
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Topbake Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
143,582 
125,240 
Current assets
Inventories
16,529 
18,389 
Debtors
2,228,156 
1,945,120 
Cash at bank and in hand
99,404 
164,163 
2,344,089 
2,127,672 
Creditors: amounts falling due within one year
(349,179)
(318,947)
Net current assets
1,994,910 
1,808,725 
Total assets less current liabilities
2,138,492 
1,933,965 
Creditors: amounts falling due after more than one year
(29,022)
- 
Net assets
2,109,470 
1,933,965 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,109,370 
1,933,865 
Shareholders' funds
2,109,470 
1,933,965 
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 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 10 May 2024 and were signed on its behalf by
Mr Vipul Sharma Director Company Registration No. 05179576
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Topbake Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Topbake Limited is a private company, limited by shares, registered in England and Wales, registration number 05179576. The registered office is Eagle House Stonebridge Road, Eagle Way,Northfleet, Gravesend, Kent, DA11 9BJ.
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.
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:
Plant & machinery
15% reducing balance method
Motor vehicles
15% reducing balance method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
7,499 
At 31 December 2023
7,499 
Amortisation
At 1 January 2023
7,499 
At 31 December 2023
7,499 
Net book value
At 31 December 2023
- 
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Topbake Limited Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
- 
319,061 
319,061 
Additions
38,575 
- 
38,575 
At 31 December 2023
38,575 
319,061 
357,636 
Depreciation
At 1 January 2023
- 
193,821 
193,821 
Charge for the year
1,447 
18,786 
20,233 
At 31 December 2023
1,447 
212,607 
214,054 
Net book value
At 31 December 2023
37,128 
106,454 
143,582 
At 31 December 2022
- 
125,240 
125,240 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
37,128 
- 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
38,353 
32,288 
Amounts due from group undertakings etc.
2,120,787 
1,912,832 
Accrued income and prepayments
18,971 
- 
Other debtors
50,045 
- 
2,228,156 
1,945,120 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
7,739 
- 
Trade creditors
88,540 
91,121 
Taxes and social security
136,965 
92,327 
Other creditors
115,935 
135,499 
349,179 
318,947 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
29,022 
- 
9
Controlling party
The ultimate parent company is R & D 2 Pizza Ltd which is registered in England.
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Topbake Limited Notes to the Accounts for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 63 (2022: 70).
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