Registered number
02069015
Topspace Ltd
Filleted Accounts
31 March 2024
Topspace Ltd
Registered number: 02069015
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 2,000 2,000
Current assets
Debtors 3 110 110
Cash at bank and in hand 12,385 1,956
12,495 2,066
Creditors: amounts falling due within one year 4 (426) (462)
Net current assets 12,069 1,604
Net assets 14,069 3,604
Capital and reserves
Called up share capital 4 4
Maintenance Fund 5 14,065 3,600
Shareholders' funds 14,069 3,604
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
P J Seamarks
Director
Approved by the board on 19 October 2024
Topspace Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Trade debtors 110 110
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors - 55
Other creditors 426 407
426 462
5 Maintenance Fund 2024 2023
£ £
At 1 April 2023 3,600 3,585
Transfer from the profit and loss account 10,465 15
At 31 March 2024 14,065 3,600
6 Other information
Topspace Ltd is a private company limited by shares and incorporated in England. Its registered office is:
3 Lansdowne Street
Hove
BN3 1FS
Topspace Ltd 02069015 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 P J Seamarks No description of principal activity 02069015 2022-04-01 2023-03-31 02069015 core:RevaluationReserve 2022-04-01 2023-03-31 02069015 core:WithinOneYear 2023-03-31 02069015 core:ShareCapital 2023-03-31 02069015 core:OtherReservesSubtotal 2023-03-31 02069015 core:RevaluationReserve 2022-03-31 02069015 2023-04-01 2024-03-31 02069015 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 02069015 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 02069015 bus:Director40 2023-04-01 2024-03-31 02069015 core:RevaluationReserve 2023-04-01 2024-03-31 02069015 countries:England 2023-04-01 2024-03-31 02069015 bus:FRS102 2023-04-01 2024-03-31 02069015 bus:FilletedAccounts 2023-04-01 2024-03-31 02069015 2024-03-31 02069015 core:WithinOneYear 2024-03-31 02069015 core:ShareCapital 2024-03-31 02069015 core:OtherReservesSubtotal 2024-03-31 02069015 core:RevaluationReserve 2024-03-31 02069015 2023-03-31 02069015 core:RevaluationReserve 2023-03-31 iso4217:GBP xbrli:pure