Company registration number 11304814 (England and Wales)
TOP STORAGE LIMITED
Unaudited Financial Statements
For The Year Ended 30 September 2024
Pages For Filing With Registrar
Top Storage Limited
TOP STORAGE LIMITED
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Top Storage Limited
TOP STORAGE LIMITED
Balance Sheet
As At 30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
520
578
Tangible assets
4
25,060
11,791
25,580
12,369
Current assets
Debtors
5
140,180
61,760
Cash at bank and in hand
57,820
43,529
198,000
105,289
Creditors: amounts falling due within one year
6
(30,576)
(22,694)
Net current assets
167,424
82,595
Net assets
193,004
94,964
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
192,904
94,864
Total equity
193,004
94,964

For the financial year ended 30 September 2024 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 24 June 2025 and are signed on its behalf by:
Mr SP Topham
Director
Company registration number 11304814 (England and Wales)
Top Storage Limited
TOP STORAGE LIMITED
Notes To The Financial Statements
For The Year Ended 30 September 2024
- 2 -
1
Accounting policies
Company information

Top Storage Limited is a private company limited by shares incorporated in England and Wales. The registered office is Caldecote Manor Farm, Abbotsley, St Neots, Cambridgeshire, England, PE19 6XQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

 

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

 

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Domain names
10% reducing balance
Top Storage Limited
TOP STORAGE LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 30 September 2024
1
Accounting policies
(Continued)
- 3 -
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
10% reducing balance
Computers
10% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
3
3
3
Intangible fixed assets
Domain names
£
Cost
At 1 October 2023 and 30 September 2024
978
Amortisation and impairment
At 1 October 2023
400
Amortisation charged for the year
58
At 30 September 2024
458
Carrying amount
At 30 September 2024
520
At 30 September 2023
578
Top Storage Limited
TOP STORAGE LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 30 September 2024
- 4 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 October 2023
13,015
Additions
15,260
At 30 September 2024
28,275
Depreciation and impairment
At 1 October 2023
1,224
Depreciation charged in the year
1,991
At 30 September 2024
3,215
Carrying amount
At 30 September 2024
25,060
At 30 September 2023
11,791
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
2,048
2,751
Amounts owed by group undertakings
134,100
53,100
Prepayments and accrued income
4,032
5,909
140,180
61,760
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
2,266
Taxation and social security
9,209
8,762
Other creditors
3,060
3,040
Accruals and deferred income
18,307
8,626
30,576
22,694
2024-09-302023-10-01falsefalsefalse24 June 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMrs L M SantryJ TophamS P TophamMrs J Topham113048142023-10-012024-09-30113048142024-09-30113048142023-09-3011304814core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2024-09-3011304814core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2023-09-3011304814core:OtherPropertyPlantEquipment2024-09-3011304814core:OtherPropertyPlantEquipment2023-09-3011304814core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3011304814core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3011304814core:CurrentFinancialInstruments2024-09-3011304814core:CurrentFinancialInstruments2023-09-3011304814core:ShareCapital2024-09-3011304814core:ShareCapital2023-09-3011304814core:RetainedEarningsAccumulatedLosses2024-09-3011304814core:RetainedEarningsAccumulatedLosses2023-09-3011304814bus:Director22023-10-012024-09-3011304814core:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3011304814core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2023-10-012024-09-3011304814core:PlantMachinery2023-10-012024-09-3011304814core:ComputerEquipment2023-10-012024-09-30113048142022-10-012023-09-3011304814core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill2023-09-3011304814core:OtherPropertyPlantEquipment2023-09-3011304814core:OtherPropertyPlantEquipment2023-10-012024-09-3011304814bus:PrivateLimitedCompanyLtd2023-10-012024-09-3011304814bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3011304814bus:FRS1022023-10-012024-09-3011304814bus:AuditExemptWithAccountantsReport2023-10-012024-09-3011304814bus:Director12023-10-012024-09-3011304814bus:Director32023-10-012024-09-3011304814bus:CompanySecretary12023-10-012024-09-3011304814bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP