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REGISTERED NUMBER: 08803032 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Top Shelving Ltd

| Top Shelving Ltd (Registered number: 08803032) |

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Top Shelving Ltd |

Company Information

for the Year Ended 31 May 2025

| DIRECTORS: | Mrs K Balderson

| A R Balderson

| C Volpi

| Mrs G Volpi

| REGISTERED OFFICE: | Unit 5 Pages Industrial Park

| Eden Way

| Leighton Buzzard

| Bedfordshire

| LU7 4TZ

| REGISTERED NUMBER: | 08803032 (England and Wales)

| Top Shelving Ltd (Registered number: 08803032) |

Balance Sheet

31 May 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 400 |  | 551 |  |

CURRENT ASSETS

Stocks | 56,338 |  | 117,984 |  |

Debtors | 5 | 17,180 |  | 4,832 |  |

Cash at bank and in hand | 356 |  | 8,858 |  |

73,874 |  | 131,674 |  |

CREDITORS

Amounts falling due within one year | 6 | (78,140 | ) | (87,647 | ) |

NET CURRENT (LIABILITIES)/ASSETS | (4,266 | ) | 44,027 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | (3,866 | ) | 44,578 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (7,251 | ) | - |  |

NET (LIABILITIES)/ASSETS | (11,117 | ) | 44,578 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | (11,217 | ) | 44,478 |  |

SHAREHOLDERS' FUNDS | (11,117 | ) | 44,578 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps 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 Sections 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.

| Top Shelving Ltd (Registered number: 08803032) |

Balance Sheet - continued

31 May 2025

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2025 and were signed on its behalf by:

C Volpi - Director | Mrs G Volpi - Director

Mrs K Balderson - Director | A R Balderson - Director

| Top Shelving Ltd (Registered number: 08803032) |

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| Top Shelving Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| Top Shelving Ltd (Registered number: 08803032) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES

| Statement of compliance

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

| 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.

| 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 financial statements are prepared in sterling, which is the functional currency of the entity.

| Going concern

| The financial statements have been prepared on a going concern basis.

| Judgements

| The preparation of the financial statements requires management to make judgements, estimates and

| assumptions that affect the amounts reported. These estimates and judgements are continually

| reviewed and are based on experience and other factors, including expectations of future events that

| are believed to be reasonable under the circumstances.

| Revenue recognition

| Turnover comprises the fair value of the consideration received or receivable for the sale of goods

| and provision of services in the ordinary course of the company’s activities. Turnover is shown net of

| sales/value added tax, returns, rebates and discounts.

| The company recognises revenue when:

| The amount of revenue can be reliably measured;

| it is probable that future economic benefits will flow to the entity;

| and specific criteria have been met for each of the company's activities.

| Foreign currency transactions and balances

| Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the

| date of the transaction. Monetary assets and liabilities denominated in foreign currencies are

| retranslated into the respective functional currency of the entity at the rates prevailing on the reporting

| period date. Non-monetary items carried at fair value that are denominated in foreign currencies are

| retranslated at the rate on the date when the fair value is re-measured.

| Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

| Top Shelving Ltd (Registered number: 08803032) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 20% on cost

| Motor vehicles | - | 20% on cost

| Computer equipment | - | 20% on cost

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Profit and Loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred taxation assets and liabilities are not discounted.

| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences 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 tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are 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.

| Top Shelving Ltd (Registered number: 08803032) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

2. | ACCOUNTING POLICIES - continued

| Cash and cash equivalents

| Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly

| liquid investments that are readily convertible to a known amount of cash and are subject to an

| insignificant risk of change in value.

| Trade debtors

| Trade debtors are amounts due from customers for merchandise sold or services performed in the

| ordinary course of business.

| Trade debtors are recognised initially at the transaction price.

| 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.

| Leases

| Leases in which substantially all the risks and rewards of ownership are retained by the lessor are

| classified as operating leases. Payments made under operating leases are charged to profit or loss on

| a straight-line basis over the period of the lease.

| Share capital

| Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash

| or other resources received or receivable, net of the direct costs of issuing the equity instruments. If

| payment is deferred and the time value of money is material, the initial measurement is on a present

| value basis.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 3 (2024 - 3 ) .

| Top Shelving Ltd (Registered number: 08803032) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Plant and |  | and |  | Motor |  | Computer |

| machinery |  | fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 June 2024 |

| and 31 May 2025 | 187 |  | 8,021 |  | 3,000 |  | 2,936 |  | 14,144 |  |

| DEPRECIATION

| At 1 June 2024 | 187 |  | 8,004 |  | 2,466 |  | 2,936 |  | 13,593 |  |

| Charge for year | - |  | 17 |  | 134 |  | - |  | 151 |  |

| At 31 May 2025 | 187 |  | 8,021 |  | 2,600 |  | 2,936 |  | 13,744 |  |

| NET BOOK VALUE

| At 31 May 2025 | - |  | - |  | 400 |  | - |  | 400 |  |

| At 31 May 2024 | - |  | 17 |  | 534 |  | - |  | 551 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 17,180 |  | 4,832 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 21,005 |  | 13,765 |  |

| Trade creditors | 13,704 |  | 26,825 |  |

| Taxation and social security | 17,121 |  | 20,347 |  |

| Other creditors | 26,310 |  | 26,710 |  |

78,140 |  | 87,647 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other creditors | 7,251 |  | - |  |

| Top Shelving Ltd (Registered number: 08803032) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

8. | CALLED UP SHARE CAPITAL

| Allotted and issued:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Share capital 1 | 1 | 100 |  | 100 |  |

9. | RELATED PARTY DISCLOSURES

| At the balance sheet date the company owed £11,624 (2024: £12,648) to Karen and Andrew

| Balderson, directors of the company. There are no terms of repayment or interest.

| At the balance sheet date the company also owed £13,081 (2024: £12,457) to Gaynor and Christian

| Volpi, directors of the company. There are no terms of repayment or interest.