Topbrief Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 04293932

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		293,108		365,662

			293,108		365,662
CURRENT ASSETS
Debtors	5	28,983		30,548
Cash at bank and in hand		2,036,994		2,271,836

		2,065,977		2,302,384
Creditors: Amounts Falling Due Within One Year	6	(1,382,372 )		(1,591,350 )

NET CURRENT ASSETS (LIABILITIES)			683,605		711,034

TOTAL ASSETS LESS CURRENT LIABILITIES			976,713		1,076,696

Creditors: Amounts Falling Due After More Than One Year	7		-		(104,263 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(450,000 )		(400,000 )
Deferred Taxation			(35,646 )		(35,646 )

NET ASSETS			491,067		536,787

Income and Expenditure Account			491,067		536,787

MEMBERS' FUNDS			491,067		536,787

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Topbrief Limited

Balance Sheet (continued)

As At 31 December 2024

For the year ending 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 in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.

On behalf of the board

Mrs Nicola St Louis

Director

23 September 2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Topbrief Limited is a private company, limited by guarantee, incorporated in England & Wales, registered number 04293932 . The registered office is 5th Floor, 30-31 Furnival Street, London, EC4A 1JQ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the

company and the revenue can be reliably measured. Revenue is measured as the fair value of the

consideration received or receivable, excluding discounts, rebates, value added tax and other sales

taxes.

The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are

provided in accordance with the stage of completion of the contract when all of the following

conditions are satisfied:

the amount of revenue can be measured reliably;

it is probable that the Company will receive the consideration due under the contract;

the stage of completion of the contract at the end of the reporting period can be measured

reliably; and

the costs incurred and the costs to complete the contract can be measured reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Over expected term of lease
Fixtures & Fittings	25% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in surplus or deficit for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2023: 10)

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Topbrief Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Land & Property
	Leasehold	Fixtures & Fittings	Total
	£	£	£
Cost
As at 1 January 2024	1,000,246	584,593	1,584,839
Additions	-	7,491	7,491
Disposals	-	(9,699 )	(9,699 )

As at 31 December 2024	1,000,246	582,385	1,582,631

Depreciation
As at 1 January 2024	656,139	563,038	1,219,177
Provided during the period	71,300	7,262	78,562
Disposals	-	(8,216 )	(8,216 )

As at 31 December 2024	727,439	562,084	1,289,523

Net Book Value
As at 31 December 2024	272,807	20,301	293,108

As at 1 January 2024	344,107	21,555	365,662

5. Debtors

	2024	2023
	£	£
Due within one year
Other debtors	28,983	30,548

6. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	8,234	18,167
Bank loans and overdrafts	-	50,117
Other creditors	1,217,784	1,157,339
Taxation and social security	156,354	365,727

	1,382,372	1,591,350

7. Creditors: Amounts Falling Due After More Than One Year

	2024	2023
	£	£
Bank loans	-	104,263

8. Company limited by guarantee

The company is limited by guarantee and has no share capital.

Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.

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