Company Registration No. 10062578 (England and Wales)
TOP LINEN LTD
Unaudited accounts
for the year ended 13 March 2025
TOP LINEN LTD
Unaudited accounts
Contents
TOP LINEN LTD
Company Information
for the year ended 13 March 2025
Director
IONUT DANIEL GRADINARU
Company Number
10062578 (England and Wales)
Registered Office
UNIT 16 WILLAN INDUSTRIAL ESTATE
VERE STREET
SALFORD
M50 2GR
ENGLAND
Accountants
MARIA MARLENA BUTNARU - MAAT
22 LISTER CLOSE
CORBY
NN17 1XR
TOP LINEN LTD
Statement of financial position
as at 13 March 2025
Tangible assets
21,096
13,360
Cash at bank and in hand
2,195
3,700
Creditors: amounts falling due within one year
(34,787)
(22,495)
Net current (liabilities)/assets
(2,835)
7,531
Total assets less current liabilities
18,261
20,891
Creditors: amounts falling due after more than one year
(18,139)
(11,508)
Called up share capital
1
1
Profit and loss account
121
9,382
Shareholders' funds
122
9,383
For the year ending 13 March 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 22 April 2025 and were signed on its behalf by
IONUT DANIEL GRADINARU
Director
Company Registration No. 10062578
TOP LINEN LTD
Notes to the Accounts
for the year ended 13 March 2025
TOP LINEN LTD is a private company, limited by shares, registered in England and Wales, registration number 10062578. The registered office is UNIT 16 WILLAN INDUSTRIAL ESTATE, VERE STREET, SALFORD, M50 2GR, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
33% Reducing Balance
Motor vehicles
18% Writing Down Allowance
Computer equipment
18% Writing Down Allowance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 14 March 2024
2,586
26,000
300
28,886
Additions
-
13,000
-
13,000
At 13 March 2025
2,586
39,000
300
41,886
At 14 March 2024
1,526
13,700
300
15,526
Charge for the year
710
4,554
-
5,264
At 13 March 2025
2,236
18,254
300
20,790
At 13 March 2025
350
20,746
-
21,096
At 13 March 2024
1,060
12,300
-
13,360
TOP LINEN LTD
Notes to the Accounts
for the year ended 13 March 2025
Amounts falling due within one year
Accrued income and prepayments
1,649
-
Amounts falling due after more than one year
Accrued income and prepayments
-
1,723
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
3,295
9,033
Loans from directors
16,421
8,450
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 5 (2024: 5).