1 March 2023 false No description of principal activity Taxfiler 2024.5 07537218business:PrivateLimitedCompanyLtd2023-03-012024-02-29 075372182023-02-28 075372182023-03-012024-02-29 07537218business:AuditExempt-NoAccountantsReport2023-03-012024-02-29 07537218business:FilletedAccounts2023-03-012024-02-29 075372182024-02-29 07537218business:Director12023-03-012024-02-29 07537218business:Director22023-03-012024-02-29 075372182023-02-28 07537218core:WithinOneYear2024-02-29 07537218core:WithinOneYear2023-02-28 07537218core:AfterOneYear2024-02-29 07537218core:AfterOneYear2023-02-28 07537218core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 07537218core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 07537218core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 07537218core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 07537218core:PreviouslyStatedAmount2024-02-29 07537218core:PreviouslyStatedAmount2023-02-28 07537218business:SmallEntities2023-03-012024-02-29 07537218countries:EnglandWales2023-03-012024-02-29 07537218core:PlantMachinery2023-03-012024-02-29 07537218core:MotorVehicles2023-03-012024-02-29 07537218core:FurnitureFittings2023-03-012024-02-29 07537218core:ComputerEquipment2023-03-012024-02-29 07537218core:PlantMachinery2023-02-28 07537218core:MotorVehicles2023-02-28 07537218core:ComputerEquipment2023-02-28 07537218core:PlantMachinery2024-02-29 07537218core:MotorVehicles2024-02-29 07537218core:ComputerEquipment2024-02-29 075372182022-03-012023-02-28 iso4217:GBP xbrli:pure
Company Registration No. 07537218 (England and Wales)
Toptech Security Limited Unaudited accounts for the year ended 29 February 2024
Toptech Security Limited Unaudited accounts Contents
Page
- 2 -
Toptech Security Limited Company Information for the year ended 29 February 2024
Directors
Joseph Wamunyu Fidelis Kamau
Company Number
07537218 (England and Wales)
- 3 -
Toptech Security Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,437 
11,566 
Current assets
Debtors
108,864 
75,776 
Cash at bank and in hand
1,004 
6,508 
109,868 
82,284 
Creditors: amounts falling due within one year
(88,606)
(31,879)
Net current assets
21,262 
50,405 
Total assets less current liabilities
55,699 
61,971 
Creditors: amounts falling due after more than one year
(51,922)
(54,628)
Net assets
3,777 
7,343 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
3,776 
7,342 
Shareholders' funds
3,777 
7,343 
For the year ending 29 February 2024 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 26 June 2024 and were signed on its behalf by
Joseph Wamunyu Director Company Registration No. 07537218
- 4 -
Toptech Security Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Toptech Security Limited is a private company, limited by shares, registered in England and Wales, registration number 07537218.
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
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2023
7,170 
13,419 
4,925 
25,514 
Additions
6,908 
24,571 
- 
31,479 
At 29 February 2024
14,078 
37,990 
4,925 
56,993 
Depreciation
At 1 March 2023
4,538 
5,534 
3,876 
13,948 
Charge for the year
1,908 
6,491 
209 
8,608 
At 29 February 2024
6,446 
12,025 
4,085 
22,556 
Net book value
At 29 February 2024
7,632 
25,965 
840 
34,437 
At 28 February 2023
2,632 
7,885 
1,049 
11,566 
- 5 -
Toptech Security Limited Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
108,864 
75,776 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
38,477 
3,826 
VAT
2,308 
4,464 
Obligations under finance leases and hire purchase contracts
4,785 
4,783 
Taxes and social security
3,171 
739 
Other creditors
4,122 
6,079 
Loans from directors
34,543 
10,638 
Accruals
1,200 
1,350 
88,606 
31,879 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
51,675 
54,628 
Other creditors
247 
- 
51,922 
54,628 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 6 -