TOYITO BRIGHTON LIMITED

Company Registration Number:
11323580 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

TOYITO BRIGHTON LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

TOYITO BRIGHTON LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 386,788 325,582
Total fixed assets: 386,788 325,582
Current assets
Stocks: 3,500 1,500
Debtors:   28,414 41,851
Cash at bank and in hand: 134,248 135,027
Total current assets: 166,162 178,378
Creditors: amounts falling due within one year:   (129,087) (123,798)
Net current assets (liabilities): 37,075 54,580
Total assets less current liabilities: 423,863 380,162
Total net assets (liabilities): 423,863 380,162
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 423,763 380,062
Shareholders funds: 423,863 380,162

The notes form part of these financial statements

TOYITO BRIGHTON LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 18 December 2024
and signed on behalf of the board by:

Name: M Lee
Status: Director

The notes form part of these financial statements

TOYITO BRIGHTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvement to property: 20% on reducing balance basis Plant & machinery : 25% on reducing balance basis Fixtures & fittings: 20% on reducing balance basis Computer equipment: 33% on reducing balance basis

Valuation and information policy

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TOYITO BRIGHTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 19 15

TOYITO BRIGHTON LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 374,643
Additions 98,488
At 30 April 2024 473,131
Depreciation
At 01 May 2023 49,061
Charge for year 37,282
At 30 April 2024 86,343
Net book value
At 30 April 2024 386,788
At 30 April 2023 325,582