IRIS Accounts Production v24.3.2.46 11279251 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112792512023-08-31112792512024-08-31112792512023-09-012024-08-31112792512022-08-31112792512022-09-012023-08-31112792512023-08-3111279251ns15:EnglandWales2023-09-012024-08-3111279251ns14:PoundSterling2023-09-012024-08-3111279251ns10:Director12023-09-012024-08-3111279251ns10:Director22023-09-012024-08-3111279251ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3111279251ns10:SmallEntities2023-09-012024-08-3111279251ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3111279251ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3111279251ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3111279251ns10:FullAccounts2023-09-012024-08-3111279251ns10:RegisteredOffice2023-09-012024-08-3111279251ns5:CurrentFinancialInstruments2024-08-3111279251ns5:CurrentFinancialInstruments2023-08-3111279251ns5:Non-currentFinancialInstruments2024-08-3111279251ns5:Non-currentFinancialInstruments2023-08-3111279251ns5:ShareCapital2024-08-3111279251ns5:ShareCapital2023-08-3111279251ns5:RevaluationReserve2024-08-3111279251ns5:RevaluationReserve2023-08-3111279251ns5:RetainedEarningsAccumulatedLosses2024-08-3111279251ns5:RetainedEarningsAccumulatedLosses2023-08-3111279251ns5:LandBuildings2023-08-3111279251ns5:PlantMachinery2023-08-3111279251ns5:LandBuildings2023-09-012024-08-3111279251ns5:PlantMachinery2023-09-012024-08-3111279251ns5:LandBuildings2024-08-3111279251ns5:PlantMachinery2024-08-3111279251ns5:LandBuildings2023-08-3111279251ns5:PlantMachinery2023-08-31
REGISTERED NUMBER: 11279251 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Torr Top Holdings Limited

Torr Top Holdings Limited (Registered number: 11279251)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Torr Top Holdings Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: A Freer
Mrs J Freer





REGISTERED OFFICE: 25 Torr Top Street Torr Top Street
New Mills
United Kingdom
HIGH PEAK
SK22 4BS





REGISTERED NUMBER: 11279251 (England and Wales)





ACCOUNTANTS: Clayton and Clayton Accountants LLP
Chartered Certified Accountants
64 Market Street
New Mills
HIGH PEAK
SK22 4AA

Torr Top Holdings Limited (Registered number: 11279251)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 379,237 260,616

CURRENT ASSETS
Cash at bank 5,185 5,697

CREDITORS
Amounts falling due within one year 5 112,751 96,681
NET CURRENT LIABILITIES (107,566 ) (90,984 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,671

169,632

CREDITORS
Amounts falling due after more than
one year

6

155,482

169,934
NET ASSETS/(LIABILITIES) 116,189 (302 )

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 7 118,900 -
Retained earnings (2,811 ) (402 )
116,189 (302 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Torr Top Holdings Limited (Registered number: 11279251)

Balance Sheet - continued
31 August 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 27 March 2025 and were signed on its behalf by:




A Freer - Director



Mrs J Freer - Director


Torr Top Holdings Limited (Registered number: 11279251)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Torr Top Holdings Limited 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Torr Top Holdings Limited (Registered number: 11279251)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 September 2023 258,100 2,796 260,896
Revaluations 118,900 - 118,900
At 31 August 2024 377,000 2,796 379,796
DEPRECIATION
At 1 September 2023 - 280 280
Charge for year - 279 279
At 31 August 2024 - 559 559
NET BOOK VALUE
At 31 August 2024 377,000 2,237 379,237
At 31 August 2023 258,100 2,516 260,616

Cost or valuation at 31 August 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 118,900 - 118,900
Cost 258,100 2,796 260,896
377,000 2,796 379,796

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

31.8.24 31.8.23
£    £   
Cost 258,100 -

Value of land in freehold land and buildings 258,100 -

freehold land and buildings were valued on an open market basis basis on 31 August 2024 by the directors .

Torr Top Holdings Limited (Registered number: 11279251)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 14,791 13,002
Trade creditors 233 1,975
Other creditors 97,727 81,704
112,751 96,681

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 155,482 169,934

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 96,317 117,926

7. RESERVES
Revaluation
reserve
£   
Property revaluation 118,900

At 31 August 2024 118,900