Company registration number: NI690236
Unaudited financial statements
for the year ended 31 August 2024
for
Top Blade (Portadown) Limited
Pages for filing with the Registrar
Company registration number: NI690236
Top Blade (Portadown) Limited
Balance sheet
as at 31 August 2024
31 Aug 24 31 Aug 23
Note £ £ £ £
Fixed assets
Tangible assets 4 162,309 174,680
162,309 174,680
Current assets
Stocks 1,971 2,304
Debtors 22,780 9,003
Cash at bank and in hand 84,853 94,962
109,604 106,269
Creditors: amounts falling due within one
year
(200,933) (236,234)
Net current liabilities (91,329) (129,965)
Total assets less current liabilities 70,980 44,715
NET ASSETS 70,980 44,715
Capital and reserves
Profit and loss account 70,980 44,715
TOTAL EQUITY 70,980 44,715
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 August 2024.
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 to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: NI690236
Top Blade (Portadown) Limited
Balance sheet - continued
as at 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 27 May 2025 and signed on its behalf by:
Mr J Crawford, Director Mr A Taggart, Director
27 May 2025 27 May 2025
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Top Blade (Portadown) Limited
Notes to the financial statements
for the year ended 31 August 2024
1 Company information
Top Blade (Portadown) Limited is a private company registered in Northern Ireland. Its registered number is NI690236. The company is limited by shares. Its registered office is Unit 5 St Anne's Square, Belfast, BT1 2LD.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Plant and machinery - 10% straight line
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
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Top Blade (Portadown) Limited
Notes to the financial statements - continued
for the year ended 31 August 2024
2 Accounting policies - continued
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was 10 (2023 - 16).
4 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 September 2023 194,089
Additions 7,917
At 31 August 2024 202,006
Depreciation
At 1 September 2023 19,409
Charge for year 20,288
At 31 August 2024 39,697
Net book value
At 31 August 2024 162,309
At 31 August 2023 174,680
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