TOP WHEEL LTD

Company Registration Number:
15048448 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 3 August 2023

End date: 31 August 2024

TOP WHEEL LTD

Contents of the Financial Statements

for the Period Ended 31 August 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

TOP WHEEL LTD

Profit And Loss Account

for the Period Ended 31 August 2024

13 months to 31 August 2024


£
Turnover: 3,169,453
Cost of sales: ( 2,005,563 )
Gross profit(or loss): 1,163,890
Administrative expenses: ( 695,972 )
Operating profit(or loss): 467,918
Profit(or loss) before tax: 467,918
Tax: ( 88,904 )
Profit(or loss) for the financial year: 379,014

TOP WHEEL LTD

Balance sheet

As at 31 August 2024

Notes 13 months to 31 August 2024


£
Fixed assets
Tangible assets: 3 221,699
Total fixed assets: 221,699
Current assets
Stocks: 4 261,915
Debtors: 5 95,983
Total current assets: 357,898
Creditors: amounts falling due within one year: 6 ( 111,677 )
Net current assets (liabilities): 246,221
Total assets less current liabilities: 467,920
Provision for liabilities: ( 88,904 )
Total net assets (liabilities): 379,016
Capital and reserves
Called up share capital: 2
Profit and loss account: 379,014
Total Shareholders' funds: 379,016

The notes form part of these financial statements

TOP WHEEL LTD

Balance sheet statements

For the year ending 31 August 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.

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

This report was approved by the board of directors on 1 February 2025
and signed on behalf of the board by:

Name: Muhammad SHABAN
Status: Director

The notes form part of these financial statements

TOP WHEEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

TOP WHEEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    13 months to 31 August 2024
    Average number of employees during the period 18

TOP WHEEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 260,822 260,822
Disposals
Revaluations
Transfers
At 31 August 2024 260,822 260,822
Depreciation
Charge for year 39,123 39,123
On disposals
Other adjustments
At 31 August 2024 39,123 39,123
Net book value
At 31 August 2024 221,699 221,699

TOP WHEEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Stocks

13 months to 31 August 2024
£
Stocks 261,915
Total 261,915

TOP WHEEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Debtors

13 months to 31 August 2024
£
Trade debtors 95,983
Total 95,983

TOP WHEEL LTD

Notes to the Financial Statements

for the Period Ended 31 August 2024

6. Creditors: amounts falling due within one year note

13 months to 31 August 2024
£
Bank loans and overdrafts 15,256
Trade creditors 55,185
Other creditors 41,236
Total 111,677