IRIS Accounts Production v24.3.2.46 12938980 Board of Directors 1.11.22 31.3.24 31.3.24 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129389802022-10-31129389802024-03-31129389802022-11-012024-03-31129389802021-10-31129389802021-11-012022-10-31129389802022-10-3112938980ns15:EnglandWales2022-11-012024-03-3112938980ns14:PoundSterling2022-11-012024-03-3112938980ns10:Director12022-11-012024-03-3112938980ns10:PrivateLimitedCompanyLtd2022-11-012024-03-3112938980ns10:SmallEntities2022-11-012024-03-3112938980ns10:AuditExempt-NoAccountantsReport2022-11-012024-03-3112938980ns10:SmallCompaniesRegimeForAccounts2022-11-012024-03-3112938980ns10:FullAccounts2022-11-012024-03-3112938980ns10:OrdinaryShareClass12022-11-012024-03-3112938980ns10:OrdinaryShareClass22022-11-012024-03-3112938980ns10:OrdinaryShareClass32022-11-012024-03-3112938980ns10:Director32022-11-012024-03-3112938980ns10:Director22022-11-012024-03-3112938980ns10:RegisteredOffice2022-11-012024-03-3112938980ns5:CurrentFinancialInstruments2024-03-3112938980ns5:CurrentFinancialInstruments2022-10-3112938980ns5:ShareCapital2024-03-3112938980ns5:ShareCapital2022-10-3112938980ns5:RetainedEarningsAccumulatedLosses2024-03-3112938980ns5:RetainedEarningsAccumulatedLosses2022-10-3112938980ns5:PlantMachinery2022-11-012024-03-3112938980ns5:PlantMachinery2022-10-3112938980ns5:PlantMachinery2024-03-3112938980ns5:PlantMachinery2022-10-3112938980ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3112938980ns5:WithinOneYearns5:CurrentFinancialInstruments2022-10-3112938980ns10:OrdinaryShareClass12024-03-3112938980ns10:OrdinaryShareClass22024-03-3112938980ns10:OrdinaryShareClass32024-03-31
REGISTERED NUMBER: 12938980 (England and Wales)
























Unaudited Financial Statements

for the Period 1 November 2022 to 31 March 2024

for

Top Grounds Management Ltd

Top Grounds Management Ltd (Registered number: 12938980)






Contents of the Financial Statements
for the Period 1 November 2022 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Top Grounds Management Ltd

Company Information
for the Period 1 November 2022 to 31 March 2024







DIRECTORS: P R Oliver
L Thomason
M J Palmer





REGISTERED OFFICE: 154 Cropthorne Road
Shirley
Solihull
B90 3JJ





REGISTERED NUMBER: 12938980 (England and Wales)





ACCOUNTANTS: James, Stanley & Co. Limited
1,733 Coventry Road
South Yardley
Birmingham
West Midlands
B26 1DT

Top Grounds Management Ltd (Registered number: 12938980)

Balance Sheet
31 March 2024

31.3.24 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 5 3,696 1,912

CURRENT ASSETS
Inventories 6 4,937 960
Debtors 7 3,490 9,663
Cash at bank 2,971 3,919
11,398 14,542
CREDITORS
Amounts falling due within one year 8 11,085 12,822
NET CURRENT ASSETS 313 1,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,009

3,632

PROVISIONS FOR LIABILITIES 702 363
NET ASSETS 3,307 3,269

CAPITAL AND RESERVES
Called up share capital 9 150 150
Retained earnings 3,157 3,119
SHAREHOLDERS' FUNDS 3,307 3,269

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Top Grounds Management Ltd (Registered number: 12938980)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 January 2025 and were signed on its behalf by:





P R Oliver - Director


Top Grounds Management Ltd (Registered number: 12938980)

Notes to the Financial Statements
for the Period 1 November 2022 to 31 March 2024

1. STATUTORY INFORMATION

Top Grounds Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Revenue 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Top Grounds Management Ltd (Registered number: 12938980)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 March 2024

3. ACCOUNTING POLICIES - continued

Loans from directors
As a small entity the company measures a basic financial liability that are loans from directors at transaction price.

Accounting period
The current accounting period is of a duration of 517 days in order to bring the company's year end to 31 March. As a result, the results of this period are not directly comparable with those of the previous financial year.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2022 - NIL ) .

5. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£   
COST
At 1 November 2022 2,502
Additions 3,245
At 31 March 2024 5,747
DEPRECIATION
At 1 November 2022 590
Charge for period 1,461
At 31 March 2024 2,051
NET BOOK VALUE
At 31 March 2024 3,696
At 31 October 2022 1,912

6. INVENTORIES
31.3.24 31.10.22
£    £   
Stocks 4,937 960

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.10.22
£    £   
Trade debtors 2,583 7,410
Other debtors 321 1,410
Prepayments and accrued income 586 843
3,490 9,663

Top Grounds Management Ltd (Registered number: 12938980)

Notes to the Financial Statements - continued
for the Period 1 November 2022 to 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.10.22
£    £   
Trade creditors 1,360 1,153
Tax 5,300 1,689
Other creditors 717 5,785
Directors' current accounts 1,697 2,004
Accruals and deferred income 2,011 2,191
11,085 12,822

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.10.22
value: £    £   
50 Ordinary A £1 50 50
50 Ordinary B £1 50 50
50 Ordinary C £1 50 50
150 150

10. CAPITAL COMMITMENTS
31.3.24 31.10.22
£    £   
Contracted but not provided for in the
financial statements - -

11. RELATED PARTY DISCLOSURES

Loans from key management personnel are unsecured and interest free with no specific repayment terms and are presented within creditors due within one year.