The Topping Pie Company (Crystal Peaks) Limited 08437284 false 2024-04-01 2025-03-31 2025-03-31 The principal activity of the company is Retail sale of meat and meat products in specialised stores Digita Accounts Production Advanced 6.30.9574.0 true 08437284 2024-04-01 2025-03-31 08437284 2025-03-31 08437284 core:RetainedEarningsAccumulatedLosses 2025-03-31 08437284 core:ShareCapital 2025-03-31 08437284 core:CurrentFinancialInstruments 2025-03-31 08437284 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 08437284 core:Non-currentFinancialInstruments core:AfterOneYear 2025-03-31 08437284 core:FurnitureFittings 2025-03-31 08437284 core:MotorVehicles 2025-03-31 08437284 bus:SmallEntities 2024-04-01 2025-03-31 08437284 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 08437284 bus:FilletedAccounts 2024-04-01 2025-03-31 08437284 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 08437284 bus:Director2 2024-04-01 2025-03-31 08437284 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 08437284 core:FurnitureFittings 2024-04-01 2025-03-31 08437284 core:MotorVehicles 2024-04-01 2025-03-31 08437284 countries:AllCountries 2024-04-01 2025-03-31 08437284 2024-03-31 08437284 core:FurnitureFittings 2024-03-31 08437284 core:MotorVehicles 2024-03-31 08437284 2023-04-01 2024-03-31 08437284 2024-03-31 08437284 core:RetainedEarningsAccumulatedLosses 2024-03-31 08437284 core:ShareCapital 2024-03-31 08437284 core:CurrentFinancialInstruments 2024-03-31 08437284 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 08437284 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 08437284 core:FurnitureFittings 2024-03-31 08437284 core:MotorVehicles 2024-03-31 iso4217:GBP xbrli:pure

Registration number: 08437284

The Topping Pie Company (Crystal Peaks) Limited
Unaudited Financial Statements
for the Year Ended 31 March 2025

The Topping Pie Company (Crystal Peaks) Limited

(Registration number: 08437284)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 3 | - | 11,831
Current assets |  |  |
Stocks |  | - | 5,463
Debtors | 4 | 6,062 | 24,932
Cash at bank and in hand |  | 2,417 | 7,105
|  | 8,479 | 37,500
Creditors: Amounts falling due within one year | 5 | (23,153) | (38,330)
Net current liabilities |  | (14,674) | (830)
Total assets less current liabilities |  | (14,674) | 11,001
Creditors: Amounts falling due after more than one year | 5 | (2,272) | (8,527)
Provisions for liabilities |  | (1,950) | (2,958)
Net liabilities |  | (18,896) | (484)
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | (18,898) | (486)
Shareholders' deficit |  | (18,896) | (484)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

The Topping Pie Company (Crystal Peaks) Limited

(Registration number: 08437284)
Balance Sheet as at 31 March 2025 (continued)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 3 September 2025 and signed on its behalf by:

.........................................

Mr Roger John Albert Topping

Director

The Topping Pie Company (Crystal Peaks) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | Accounting policies

Statutory information

The Topping Pie Company (Crystal Peaks) Limited is a private company, limited by shares, domiciled in England and Wales, company number 08437284. The registered office is at Unit 2, Chappell Drive, Doncaster, DN1 2RF.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. There has been no material departure from this standard.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.
The company ceased trading on 31/01/2025.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

The Topping Pie Company (Crystal Peaks) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

1 | Accounting policies (continued)

Deferred tax shall be recognised in respect of all timing differences at the reporting date, except as otherwise required by FRS102. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that 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 income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
Unrelieved tax losses and other deferred tax assets shall be 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Furniture, Fixtures and fittings | 20% straight line
Motor vehicles | 25% reducing balance

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the statement of comprehensive income.

The Topping Pie Company (Crystal Peaks) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

2 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 8 (2024 - 7).

The Topping Pie Company (Crystal Peaks) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

3 | Tangible assets

| Fixtures and fittings £ | Motor vehicles £ | Total £
Cost
At 1 April 2024 | 26,125 | 7,750 | 33,875
Additions | 249 | - | 249
Disposals | (26,374) | (7,750) | (34,124)
At 31 March 2025 | - | - | -
Depreciation
At 1 April 2024 | 14,676 | 7,368 | 22,044
Eliminated on disposal | (14,676) | (7,368) | (22,044)
At 31 March 2025 | - | - | -
Carrying amount
At 31 March 2025 | - | - | -
At 31 March 2024 | 11,449 | 382 | 11,831

4 | Debtors

| 2025 £ | 2024 £
Amounts owed by related parties | 6,062 | 19,025
Other debtors | - | 5,907
| 6,062 | 24,932

The Topping Pie Company (Crystal Peaks) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025 (continued)

5 | Creditors

| 2025 £ | 2024 £
Due within one year |  |
Bank loans | 6,102 | 5,949
Trade creditors | 444 | 5,135
Amounts due to related parties | 3,622 | 15,887
Social security and other taxes | 9,659 | 9,206
Other payables | 105 | 58
Accrued expenses | 3,221 | 2,095
| 23,153 | 38,330
Due after one year |  |
Bank loans | 2,272 | 8,527