REGISTERED NUMBER: 07716811 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

TOPWELL MANAGEMENT LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

C J Endzweig

REGISTERED OFFICE:

123 Clapton Common

London

E5 9AB

REGISTERED NUMBER:

07716811 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Tangible assets

5

1,049

1,234

Investment property

6

443,925

443,925

444,974

445,159

CURRENT ASSETS

Debtors

7

3,282,232

3,684,095

Cash at bank

390,120

14,812

3,672,352

3,698,907

CREDITORS

Amounts falling due within one year

8

(337,100

)

(317,281

)

NET CURRENT ASSETS

3,335,252

3,381,626

TOTAL ASSETS LESS CURRENT LIABILITIES

3,780,226

3,826,785

CREDITORS

Amounts falling due after more than one year

9

(226,808

)

(244,110

)

PROVISIONS FOR LIABILITIES

(9,196

)

(9,196

)

NET ASSETS

3,544,222

3,573,479

CAPITAL AND RESERVES

Called up share capital

12

1

1

Fair value reserve

13

39,204

39,204

Retained earnings

13

3,505,017

3,534,274

SHAREHOLDERS' FUNDS

3,544,222

3,573,479

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

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

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 23 April 2026 and were signed by:

C J Endzweig - Director

1.	STATUTORY INFORMATION

Topwell Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover represent net profit rent receivable excluding value added tax.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 August 2024

and 31 July 2025

9,450

DEPRECIATION

At 1 August 2024

8,216

Charge for year

185

At 31 July 2025

8,401

NET BOOK VALUE

At 31 July 2025

1,049

At 31 July 2024

1,234

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

and 31 July 2025

443,925

NET BOOK VALUE

At 31 July 2025

443,925

At 31 July 2024

443,925

Fair value at 31 July 2025 is represented by:

£

Valuation in 2020

48,400

Cost

395,525

443,925

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade debtors

-

87,273

Other debtors

3,282,232

3,596,822

3,282,232

3,684,095

Other debtor includes amounts receivable from entities which are controlled by the director and his close family members. The loan is unsecured and repayable on demand.

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Trade creditors

28,811

8,978

Taxation and social security

46,808

46,967

Other creditors

261,481

261,336

337,100

317,281

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans (see note 10)

218,036

225,048

Other creditors

8,772

19,062

226,808

244,110

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

218,036

225,048

Bank loan includes £8,772 [2024 - £19,062] Bounceback Loan (BBL) which is guaranteed by the UK government.

10.

LOANS

An analysis of the maturity of loans is given below:

31.7.25

31.7.24

£

£

Amounts falling due between two and five years:

Other loans - 2-5 years

8,772

19,062

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

218,036

225,048

11.	SECURED DEBTS

The following secured debts are included within creditors:

31.7.25

31.7.24

£

£

Bank loans

218,036

225,048

Bank loan is secured by the way fo first charge over the company's investment property.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.7.25

31.7.24

value:

£

£

1

Ordinary

£1

1

1

13.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 August 2024

3,534,274

39,204

3,573,478

Deficit for the year

(29,257

)

(29,257

)

At 31 July 2025

3,505,017

39,204

3,544,221

14.	ULTIMATE CONTROLLING PARTY

The controlling party is C J Endzweig.