2023-10-012024-09-302024-09-30false04457422Chris Topp and Company Limited2025-01-2925990falseiso4217:GBPxbrli:pure044574222023-10-01044574222024-09-30044574222023-10-012024-09-30044574222022-10-01044574222023-09-30044574222022-10-012023-09-3004457422bus:SmallEntities2023-10-012024-09-3004457422bus:AuditExempt-NoAccountantsReport2023-10-012024-09-3004457422bus:FullAccounts2023-10-012024-09-3004457422bus:PrivateLimitedCompanyLtd2023-10-012024-09-3004457422core:WithinOneYear2024-09-3004457422core:AfterOneYear2024-09-3004457422core:WithinOneYear2023-09-3004457422core:AfterOneYear2023-09-3004457422core:ShareCapital2024-09-3004457422core:SharePremium2024-09-3004457422core:RevaluationReserve2024-09-3004457422core:OtherReservesSubtotal2024-09-3004457422core:RetainedEarningsAccumulatedLosses2024-09-3004457422core:ShareCapital2023-09-3004457422core:SharePremium2023-09-3004457422core:RevaluationReserve2023-09-3004457422core:OtherReservesSubtotal2023-09-3004457422core:RetainedEarningsAccumulatedLosses2023-09-3004457422core:LandBuildings2024-09-3004457422core:PlantMachinery2024-09-3004457422core:Vehicles2024-09-3004457422core:FurnitureFittings2024-09-3004457422core:OfficeEquipment2024-09-3004457422core:NetGoodwill2024-09-3004457422core:IntangibleAssetsOtherThanGoodwill2024-09-3004457422core:ListedExchangeTraded2024-09-3004457422core:UnlistedNon-exchangeTraded2024-09-3004457422core:LandBuildings2023-09-3004457422core:PlantMachinery2023-09-3004457422core:Vehicles2023-09-3004457422core:FurnitureFittings2023-09-3004457422core:OfficeEquipment2023-09-3004457422core:NetGoodwill2023-09-3004457422core:IntangibleAssetsOtherThanGoodwill2023-09-3004457422core:ListedExchangeTraded2023-09-3004457422core:UnlistedNon-exchangeTraded2023-09-3004457422core:LandBuildings2023-10-012024-09-3004457422core:PlantMachinery2023-10-012024-09-3004457422core:Vehicles2023-10-012024-09-3004457422core:FurnitureFittings2023-10-012024-09-3004457422core:OfficeEquipment2023-10-012024-09-3004457422core:NetGoodwill2023-10-012024-09-3004457422core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3004457422core:ListedExchangeTraded2023-10-012024-09-3004457422core:UnlistedNon-exchangeTraded2023-10-012024-09-3004457422core:MoreThanFiveYears2023-10-012024-09-3004457422core:Non-currentFinancialInstruments2024-09-3004457422core:Non-currentFinancialInstruments2023-09-3004457422dpl:CostSales2023-10-012024-09-3004457422dpl:DistributionCosts2023-10-012024-09-3004457422core:LandBuildings2023-10-012024-09-3004457422core:PlantMachinery2023-10-012024-09-3004457422core:Vehicles2023-10-012024-09-3004457422core:FurnitureFittings2023-10-012024-09-3004457422core:OfficeEquipment2023-10-012024-09-3004457422dpl:AdministrativeExpenses2023-10-012024-09-3004457422core:NetGoodwill2023-10-012024-09-3004457422core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3004457422dpl:GroupUndertakings2023-10-012024-09-3004457422dpl:ParticipatingInterests2023-10-012024-09-3004457422dpl:GroupUndertakingscore:ListedExchangeTraded2023-10-012024-09-3004457422core:ListedExchangeTraded2023-10-012024-09-3004457422dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-10-012024-09-3004457422core:UnlistedNon-exchangeTraded2023-10-012024-09-3004457422dpl:CostSales2022-10-012023-09-3004457422dpl:DistributionCosts2022-10-012023-09-3004457422core:LandBuildings2022-10-012023-09-3004457422core:PlantMachinery2022-10-012023-09-3004457422core:Vehicles2022-10-012023-09-3004457422core:FurnitureFittings2022-10-012023-09-3004457422core:OfficeEquipment2022-10-012023-09-3004457422dpl:AdministrativeExpenses2022-10-012023-09-3004457422core:NetGoodwill2022-10-012023-09-3004457422core:IntangibleAssetsOtherThanGoodwill2022-10-012023-09-3004457422dpl:GroupUndertakings2022-10-012023-09-3004457422dpl:ParticipatingInterests2022-10-012023-09-3004457422dpl:GroupUndertakingscore:ListedExchangeTraded2022-10-012023-09-3004457422core:ListedExchangeTraded2022-10-012023-09-3004457422dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-10-012023-09-3004457422core:UnlistedNon-exchangeTraded2022-10-012023-09-3004457422core:NetGoodwill2024-09-3004457422core:IntangibleAssetsOtherThanGoodwill2024-09-3004457422core:LandBuildings2024-09-3004457422core:PlantMachinery2024-09-3004457422core:Vehicles2024-09-3004457422core:FurnitureFittings2024-09-3004457422core:OfficeEquipment2024-09-3004457422core:AfterOneYear2024-09-3004457422core:WithinOneYear2024-09-3004457422core:ListedExchangeTraded2024-09-3004457422core:UnlistedNon-exchangeTraded2024-09-3004457422core:ShareCapital2024-09-3004457422core:SharePremium2024-09-3004457422core:RevaluationReserve2024-09-3004457422core:OtherReservesSubtotal2024-09-3004457422core:RetainedEarningsAccumulatedLosses2024-09-3004457422core:NetGoodwill2023-09-3004457422core:IntangibleAssetsOtherThanGoodwill2023-09-3004457422core:LandBuildings2023-09-3004457422core:PlantMachinery2023-09-3004457422core:Vehicles2023-09-3004457422core:FurnitureFittings2023-09-3004457422core:OfficeEquipment2023-09-3004457422core:AfterOneYear2023-09-3004457422core:WithinOneYear2023-09-3004457422core: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Chris Topp and Company Limited

Registered Number
04457422
(England and Wales)

Unaudited Financial Statements for the Year ended
30 September 2024

Chris Topp and Company Limited
Company Information
for the year from 1 October 2023 to 30 September 2024

Directors

Jerome Peycher
Tom Ian Kaye

Registered Address

Unit 5 The Airfield
Tholthorpe
York
YO61 1ST

Registered Number

04457422 (England and Wales)
Chris Topp and Company Limited
Statement of Financial Position
30 September 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4351,103356,326
351,103356,326
Current assets
Stocks5128,423128,187
Debtors6165,069307,163
Cash at bank and on hand111,49357,172
404,985492,522
Creditors amounts falling due within one year7(341,556)(380,292)
Net current assets (liabilities)63,429112,230
Total assets less current liabilities414,532468,556
Creditors amounts falling due after one year8(114,353)(152,160)
Provisions for liabilities10(61,922)(77,839)
Net assets238,257238,557
Capital and reserves
Called up share capital369369
Other reserves631631
Profit and loss account237,257237,557
Shareholders' funds238,257238,557
The financial statements were approved and authorised for issue by the Board of Directors on 29 January 2025, and are signed on its behalf by:
Jerome Peycher
Director
Registered Company No. 04457422
Chris Topp and Company Limited
Notes to the Financial Statements
for the year ended 30 September 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
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/or 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.
Employee benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-10
Plant and machinery20-
Vehicles20-
Office Equipment25-
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease Payments made under operating leases are charged to the Income Statement on a straight line basis over the lease term.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of the financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.Average number of employees

20242023
Average number of employees during the year2020
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 October 2376,00076,000
Disposals(76,000)(76,000)
Amortisation and impairment
At 01 October 2376,00076,000
On disposals(76,000)(76,000)
Net book value
At 30 September 24--
At 30 September 23--
4.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Office Equipment

Total

£££££
Cost or valuation
At 01 October 23124,356624,944196,76575,6051,021,670
Additions-4,098122,2163,120129,434
Disposals(47,989)(89,724)(118,402)(40,463)(296,578)
At 30 September 2476,367539,318200,57938,262854,526
Depreciation and impairment
At 01 October 2379,379420,355106,73958,871665,344
Charge for year7,63740,68531,6733,15083,145
On disposals(47,989)(85,134)(76,624)(35,319)(245,066)
At 30 September 2439,027375,90661,78826,702503,423
Net book value
At 30 September 2437,340163,412138,79111,560351,103
At 30 September 2344,977204,58990,02616,734356,326
5.Stocks

2024

2023

££
Finished goods128,423128,187
Total128,423128,187
6.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables147,585278,132
Other debtors2,40014,760
Prepayments and accrued income15,08414,271
Total165,069307,163
7.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables85,356222,731
Bank borrowings and overdrafts50,00050,000
Taxation and social security79,37924,806
Finance lease and HP contracts39,11346,413
Other creditors2,87927,106
Accrued liabilities and deferred income84,8299,236
Total341,556380,292
8.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts83,333133,333
Other creditors31,02018,827
Total114,353152,160
Assets held held under Hire Purchase contracts are secured against the assets to which they relate. Bank loans are secured by fixed and floating charges against the property and undertaking of the company.
9.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts31,02018,827
10.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)61,92277,839
Total61,92277,839
11.Pension commitments
The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £57,028 (2023 - £50,107). Contributions totalling £Nil (2023 - £2,654) were payable to the fund at the reporting date and are included in creditors. During the year retirement benefits were accruing to 2 directors (2023 - 2) in respect of defined contribution pension schemes.