Registered Number:02427671 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
Topazbridge Limited
Statement of Financial Position
2023
2024
2
4,113
1,986
134,342
106,895
3
111,008
136,328
Trade and other receivables |
-
5,648
4
264,610
Cash and cash equivalents |
232,176
237,824
264,610
Trade and other payables: amounts falling due within one |
year |
(195,818)
(72,106)
5
68,792
165,718
Net current assets
Total assets less current liabilities |
276,726
205,120
-
(4,090)
Provisions for liabilities |
276,726
Net assets
201,030
21,100
21,100
-
21,105
6
255,626
158,825
276,726
201,030
Shareholders' funds
For the year ended 31 December 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 ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 19 June 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2024
Topazbridge Limited
Notes to the Financial Statements
Statutory Information
Topazbridge Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 02427671. |
Yewberry House
Woodcroft
Chepstow
NP16 7PX
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Group accounts not prepared
The company has taken advantage of the exemption under s399 of the Companies Act 2006 not to prepare |
consolidated accounts on the basis that the group, of which this is the parent, qualifies as a small group. The |
financial statements present information about the company as an individual entity and not about its group. |
1,986
2,127
4,113
4,113
1,986
Investment property includes freehold land and buildings that are let for residential purposes. The fair value of the properties at 31 December 2024 is considered, by the directors, to be the cost. |
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For the year ended 31 December 2024
Topazbridge Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets |
Shares in group |
and |
participating |
interests |
134,342
124,342
10,000
1,152
1,152
-
(7,494)
(7,493)
(1)
(21,105)
(21,105)
-
9,999
96,896
106,895
9,999
96,896
106,895
134,342
10,000
124,342
The company holds 9,999 £1 ordinary shares in Richard Lloyd Housing Association Limted ("Subsidiary"). This |
represents 99.99% of the share capital. The Subsidiary is registered in England and Wales. |
Group accounts are not required as the group is small under s383 CA2006 and is not excluded under s384 CA2006. |
The share capital and reserves of the Subsidiary at 31 December 2024 were £10,000 (2023 £103,299) and the profit |
for the year was £0 (2023 £1,879). |
4. Trade and other receivables |
2023
2024
5,648
-
5. Trade and other payables: amounts falling due within one year |
2023
2024
Amounts owed to group undertaking and undertaking in which the |
company has a participating interest |
9,999
103,448
62,107
92,370
72,106
195,818
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For the year ended 31 December 2024
Topazbridge Limited
Notes to the Financial Statements Continued
Revaluation reserve at 01 January 2024 |
21,105
Revaluation of fixed assets |
(25,867)
Transfer to profit and loss account |
4,762
-
Revaluation reserve at 31 December 2024 |
7. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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