Company Registration No. 8761397 (England and Wales)
TOP GARMENTS LTD
Unaudited accounts
for the year ended 31 October 2023
TOP GARMENTS LTD
Unaudited accounts
Contents
TOP GARMENTS LTD
Company Information
for the year ended 31 October 2023
Company Number
8761397 (England and Wales)
Registered Office
513 LONDON ROAD
NORTH CHEAM
SUTTON
SURREY
SM3 8JR
TOP GARMENTS LTD
Statement of financial position
as at 31 October 2023
Intangible assets
10,000
10,000
Tangible assets
1,858
2,572
Cash at bank and in hand
(3,929)
1,526
Creditors: amounts falling due within one year
(25,922)
(36,422)
Net current liabilities
(27,878)
(32,873)
Total assets less current liabilities
(16,020)
(20,301)
Creditors: amounts falling due after more than one year
(12,128)
(12,128)
Net liabilities
(28,148)
(32,429)
Called up share capital
100
100
Profit and loss account
(28,248)
(32,529)
Shareholders' funds
(28,148)
(32,429)
For the year ending 31 October 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 16 October 2024 and were signed on its behalf by
Mrs. Shahnaz Ali
Director
Company Registration No. 8761397
TOP GARMENTS LTD
Notes to the Accounts
for the year ended 31 October 2023
TOP GARMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 8761397. The registered office is 513 LONDON ROAD, NORTH CHEAM, SUTTON, SURREY, SM3 8JR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill
TOP GARMENTS LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 November 2022
6,000
4,000
10,000
At 31 October 2023
6,000
4,000
10,000
At 1 November 2022
4,928
2,500
7,428
Charge for the year
214
500
714
At 31 October 2023
5,142
3,000
8,142
At 31 October 2023
858
1,000
1,858
At 31 October 2022
1,072
1,500
2,572
6
Creditors: amounts falling due within one year
2023
2022
Other creditors
25,922
36,422
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
12,128
12,128
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).