Company Registration No. 08872267 (England and Wales)
TIPTOP Facilities Ltd
Unaudited accounts
for the year ended 28 February 2025
TIPTOP Facilities Ltd
Statement of financial position
as at 28 February 2025
Tangible assets
156,171
114,074
Investment property
61,800
61,800
Cash at bank and in hand
37,789
21,924
Creditors: amounts falling due within one year
(77,104)
(49,397)
Net current assets/(liabilities)
12,123
(23,427)
Total assets less current liabilities
230,094
152,447
Creditors: amounts falling due after more than one year
(78,353)
(27,519)
Net assets
151,741
124,928
Called up share capital
100
100
Profit and loss account
151,641
124,828
Shareholders' funds
151,741
124,928
For the year ending 28 February 2025 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 10 March 2025 and were signed on its behalf by
Jamie Billcliffe
Director
Company Registration No. 08872267
TIPTOP Facilities Ltd
Notes to the Accounts
for the year ended 28 February 2025
TIPTOP Facilities Ltd is a private company, limited by shares, registered in England and Wales, registration number 08872267. The registered office is 10 New Street, Ossett, West Yorkshire, WF5 8BH, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
At 28 February 2025
265,424
Charge for the year
42,986
At 28 February 2025
109,253
At 28 February 2025
156,171
At 29 February 2024
114,074
Fair value at 1 March 2024
61,800
At 28 February 2025
61,800
TIPTOP Facilities Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
1,984
1,584
Trade creditors
83,788
45,159
Taxes and social security
693
5,335
8
Creditors: amounts falling due after more than one year
2025
2024
Loans from directors
22,685
25,336
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).