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Company Registration No. 13218656 (England and Wales)
Topspot Investing Limited Unaudited accounts for the year ended 29 February 2024
Topspot Investing Limited Unaudited accounts Contents
Page
- 2 -
Topspot Investing Limited Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investments
928,561 
928,561 
Current assets
Debtors
153,983 
155,179 
Cash at bank and in hand
42 
- 
154,025 
155,179 
Creditors: amounts falling due within one year
(648,988)
(610,360)
Net current liabilities
(494,963)
(455,181)
Total assets less current liabilities
433,598 
473,380 
Creditors: amounts falling due after more than one year
(554,757)
(563,550)
Net liabilities
(121,159)
(90,170)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(121,259)
(90,270)
Shareholders' funds
(121,159)
(90,170)
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 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 29 November 2024 and were signed on its behalf by
M Kafeel Director Company Registration No. 13218656
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Topspot Investing Limited Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Topspot Investing Limited is a private company, limited by shares, registered in England and Wales, registration number 13218656. The registered office is 18A High Street, Thornton Heath, Surrey, CR7 8RU.
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.
4
Investments
Other investments 
£ 
Valuation at 1 March 2023
928,561 
Valuation at 29 February 2024
928,561 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
760 
1,261 
Trade debtors
76,320 
1,333 
Other debtors
76,903 
152,585 
153,983 
155,179 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
38,399 
96 
Other creditors
88,490 
88,490 
Loans from directors
521,939 
521,774 
Accruals
160 
- 
648,988 
610,360 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
554,757 
563,550 
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Topspot Investing Limited Notes to the Accounts for the year ended 29 February 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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