Silverfin false false 31/01/2025 01/02/2024 31/01/2025 Mr S D Kilcoyne 01/06/2017 Mr D G Smith 01/08/2024 24 October 2025 The principal activity of the Company is that of a holding company. 10797984 2025-01-31 10797984 bus:Director1 2025-01-31 10797984 bus:Director2 2025-01-31 10797984 2024-01-31 10797984 core:CurrentFinancialInstruments 2025-01-31 10797984 core:CurrentFinancialInstruments 2024-01-31 10797984 core:ShareCapital 2025-01-31 10797984 core:ShareCapital 2024-01-31 10797984 core:RevaluationReserve 2025-01-31 10797984 core:RevaluationReserve 2024-01-31 10797984 core:RetainedEarningsAccumulatedLosses 2025-01-31 10797984 core:RetainedEarningsAccumulatedLosses 2024-01-31 10797984 core:CostValuation 2024-01-31 10797984 core:CostValuation 2025-01-31 10797984 core:OtherMembersGroupNotDefinedElsewhere core:CurrentFinancialInstruments 2025-01-31 10797984 core:OtherMembersGroupNotDefinedElsewhere core:CurrentFinancialInstruments 2024-01-31 10797984 2024-02-01 2025-01-31 10797984 bus:FilletedAccounts 2024-02-01 2025-01-31 10797984 bus:SmallEntities 2024-02-01 2025-01-31 10797984 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 10797984 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 10797984 bus:Director1 2024-02-01 2025-01-31 10797984 bus:Director2 2024-02-01 2025-01-31 10797984 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure

Company No: 10797984 (England and Wales)

# TOP GEAR (INTERNATIONAL HOLDINGS) LTD

### Unaudited Financial Statements
For the financial year ended 31 January 2025
Pages for filing with the registrar

TOP GEAR (INTERNATIONAL HOLDINGS) LTD

## Unaudited Financial Statements

For the financial year ended 31 January 2025

Contents

TOP GEAR (INTERNATIONAL HOLDINGS) LTD

## BALANCE SHEET

As at 31 January 2025
TOP GEAR (INTERNATIONAL HOLDINGS) LTD

## BALANCE SHEET (continued)

As at 31 January 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 3 | 2,710,307 |  | 2,710,307
|  | 2,710,307 |  | 2,710,307
Current assets |  |  |  |
Debtors | 4 | 47 |  | 36,715
|  | 47 |  | 36,715
Creditors: amounts falling due within one year | 5 | ( 84,908) |  | ( 87,088)
Net current liabilities |  | (84,861) |  | (50,373)
Total assets less current liabilities |  | 2,625,446 |  | 2,659,934
Net assets |  | 2,625,446 |  | 2,659,934
Capital and reserves |  |  |  |
Called-up share capital |  | 1,899 |  | 1,899
Revaluation reserve |  | 1,750,000 |  | 1,750,000
Profit and loss account |  | 873,547 |  | 908,035
Total shareholders' funds |  | 2,625,446 |  | 2,659,934

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

Director's responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Top Gear (International Holdings) Ltd (registered number: 10797984) were approved and authorised for issue by the Director on 24 October 2025. They were signed on its behalf by:

Mr S D Kilcoyne Director |

TOP GEAR (INTERNATIONAL HOLDINGS) LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025
TOP GEAR (INTERNATIONAL HOLDINGS) LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 January 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Top Gear (International Holdings) Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Leanne House, 6 Avon Close, Weymouth, DT4 9UX, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including the director | 2 |  | 2

The company is run and administered by the directors of the company for whom no formal contracts of service are in place.

#### 3. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 February 2024 | 2,710,307 |  | 2,710,307
At 31 January 2025 | 2,710,307 |  | 2,710,307
Carrying value at 31 January 2025 | 2,710,307 |  | 2,710,307
Carrying value at 31 January 2024 | 2,710,307 |  | 2,710,307

Shares in subsidiaries are included at revalued amounts, based on their fair value which has been estimated by the directors.
The value of shares in subsidiaries on the historical cost basis at 31 January 2025 is £775,013 (2024: £775,013).

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Other debtors | 47 |  | 36,715

#### 5. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Amounts owed to connected persons | 82,155 |  | 82,155
Other creditors | 2,753 |  | 4,933
| 84,908 |  | 87,088